Constellation Energy Corp (CEG)
Total 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 |
| Total assets | US$ in thousands | 52,926,000 | 50,758,000 | 46,909,000 | 48,086,000 | 48,094,000 |
| Total asset turnover | 0.45 | 0.49 | 0.52 | 0.41 | 0.37 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $23,568,000K ÷ $52,926,000K
= 0.45
Constellation Energy Corp's total asset turnover has shown a fluctuating trend over the past five years, as evidenced by the data provided. The ratio increased from 0.37 in December 2020 to 0.52 in December 2022, indicating a more efficient utilization of assets to generate sales during that period. However, it dipped to 0.49 by the end of 2023 and further declined to 0.45 by the end of 2024, suggesting a potential decrease in asset efficiency in those years. Overall, the company's total asset turnover has demonstrated variability, and further analysis of operational and financial factors may be required to understand the reasons behind these fluctuations.
Peer comparison
Dec 31, 2024