Constellation Energy Corp (CEG)
Total asset turnover
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 | Jun 30, 2020 | Mar 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (ttm) | US$ in thousands | 23,327,000 | 22,809,000 | 22,370,000 | 22,543,000 | 23,986,000 | 26,455,000 | 26,395,000 | 26,414,000 | 24,440,000 | 22,639,000 | 20,994,000 | 19,682,000 | 19,650,000 | 18,449,000 | 18,702,000 | 18,429,000 | 17,603,000 | 17,916,000 | 18,031,000 | 18,361,000 |
Total assets | US$ in thousands | 52,926,000 | 51,834,000 | 51,340,000 | 52,014,000 | 50,758,000 | 48,965,000 | 46,559,000 | 46,158,000 | 46,909,000 | 46,616,000 | 45,333,000 | 46,846,000 | 48,086,000 | 48,010,000 | 45,821,000 | 47,326,000 | 48,094,000 | 47,372,000 | 47,003,000 | 47,882,000 |
Total asset turnover | 0.44 | 0.44 | 0.44 | 0.43 | 0.47 | 0.54 | 0.57 | 0.57 | 0.52 | 0.49 | 0.46 | 0.42 | 0.41 | 0.38 | 0.41 | 0.39 | 0.37 | 0.38 | 0.38 | 0.38 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $23,327,000K ÷ $52,926,000K
= 0.44
Constellation Energy Corp's total asset turnover ratio has been relatively stable around the range of 0.38 to 0.44 from March 31, 2020, to December 31, 2024. However, there was a notable increase in the ratio starting from March 31, 2022, with a significant peak of 0.57 on June 30, 2023. This suggests that the company has been generating more revenue from its total assets during these periods. The decrease in the ratio from June 30, 2023, to December 31, 2024, indicates a potential decline in efficiency in utilizing its assets to generate sales. Overall, Constellation Energy Corp should monitor and assess its asset management strategies to maintain or improve its total asset turnover ratio in the future.
Peer comparison
Dec 31, 2024