Constellation Energy Corp (CEG)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 23,568,000 | 24,918,000 | 24,440,000 | 19,649,000 | 17,603,000 |
| Property, plant and equipment | US$ in thousands | — | — | 19,822,000 | 19,612,000 | 20,315,000 |
| Fixed asset turnover | — | — | 1.23 | 1.00 | 0.87 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $23,568,000K ÷ $—K
= —
The fixed asset turnover ratio measures how efficiently a company is utilizing its fixed assets to generate revenue. Looking at the data provided for Constellation Energy Corp, we observe an improvement in the fixed asset turnover ratio over the years.
As of December 31, 2020, the fixed asset turnover ratio stood at 0.87, indicating that the company generated $0.87 in sales for every dollar invested in fixed assets. Subsequently, the ratio increased to 1.00 by December 31, 2021, suggesting improved efficiency in utilizing fixed assets to drive revenue.
By December 31, 2022, the fixed asset turnover ratio further rose to 1.23, reflecting a continued enhancement in asset utilization efficiency. This signifies that for every dollar invested in fixed assets, the company generated $1.23 in revenue, showcasing improved operational effectiveness.
However, the data for December 31, 2023, and December 31, 2024, are missing, which limits our ability to provide a complete trend analysis. It would be advisable to monitor and evaluate the fixed asset turnover ratio in the upcoming periods to assess the sustained efficiency in utilizing fixed assets for revenue generation.
Peer comparison
Dec 31, 2024