Broadridge Financial Solutions Inc (BR)
Total asset turnover
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 6,889,200 | 6,768,100 | 6,682,900 | 6,498,700 | 6,506,900 | 6,401,600 | 6,320,800 | 6,208,700 | 6,060,900 | 5,944,800 | 5,832,800 | 5,799,500 | 5,709,100 | 5,517,800 | 5,373,900 | 5,169,200 | 4,993,700 | 4,824,000 | 4,684,100 | 4,597,900 |
| Total assets | US$ in thousands | 8,545,000 | 8,299,600 | 8,230,600 | 8,017,100 | 8,242,400 | 8,215,400 | 7,999,800 | 8,071,200 | 8,233,200 | 8,432,300 | 8,051,300 | 8,090,600 | 8,168,800 | 8,349,500 | 8,115,900 | 8,028,400 | 8,119,800 | 5,186,800 | 4,858,300 | 4,749,700 |
| Total asset turnover | 0.81 | 0.82 | 0.81 | 0.81 | 0.79 | 0.78 | 0.79 | 0.77 | 0.74 | 0.71 | 0.72 | 0.72 | 0.70 | 0.66 | 0.66 | 0.64 | 0.62 | 0.93 | 0.96 | 0.97 |
June 30, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $6,889,200K ÷ $8,545,000K
= 0.81
The total asset turnover ratio for Broadridge Financial Solutions Inc demonstrates a general improvement over the period analyzed. Starting at 0.97 on September 30, 2020, the ratio experienced a slight decline through the following quarters, reaching a low of 0.62 on June 30, 2021. This decline may indicate a period during which the company was less efficient in utilizing its assets to generate revenue, possibly due to operational adjustments or market conditions.
From mid-2021 onward, the ratio exhibits a consistent upward trend, gradually increasing and stabilizing around the 0.70 to 0.80 range. Notably, by September 30, 2023, the ratio reaches 0.77, and it continues to improve slightly, reaching 0.81 by December 2024. The subsequent quarters maintain this upward momentum, with the ratio reaching 0.82 on March 31, 2025.
This overall trajectory suggests a gradual enhancement in asset utilization efficiency over the observed period. The initial decline in the ratio could reflect internal or external challenges faced during early 2021, whereas the subsequent steady increase indicates operational improvements, strategic realignments, or growth in revenue relative to asset base. The stabilization and incremental growth toward the higher end of the observed range imply sustained efficiency and effective asset management by Broadridge Financial Solutions Inc.
Peer comparison
Jun 30, 2025