Peabody Energy Corp (BTU)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 4,236,700 | 4,946,700 | 4,981,900 | 3,318,300 | 2,881,100 |
| Total assets | US$ in thousands | 5,953,700 | 5,962,100 | 5,610,800 | 4,949,800 | 4,667,100 |
| Total asset turnover | 0.71 | 0.83 | 0.89 | 0.67 | 0.62 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $4,236,700K ÷ $5,953,700K
= 0.71
The total asset turnover ratio for Peabody Energy Corp has shown varying trends over the past five years. In December 2020, the ratio was 0.62, indicating that the company generated $0.62 in revenue for every dollar of assets it owned. This suggests a relatively lower efficiency in utilizing its assets to generate sales.
However, there was a noticeable improvement in the total asset turnover ratio in the subsequent years. By December 2023, the ratio had increased to 0.83, signifying a better utilization of assets to generate revenue. This indicates a positive trend in the company's efficiency in generating sales from its assets.
In December 2024, the total asset turnover ratio slightly decreased to 0.71, suggesting a potential decline in the company's efficiency in generating revenue from its assets compared to the previous year. Despite this decrease, the ratio remains higher than the starting point in 2020, indicating an overall improvement over the five-year period.
Overall, the total asset turnover ratio for Peabody Energy Corp has shown fluctuations but generally trended upwards, reflecting an improvement in the company's efficiency in generating sales from its total assets over the five-year period.
Peer comparison
Dec 31, 2024