CenterPoint Energy Inc (CNP)

Fixed 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	8,643,000	8,563,000	8,567,000	8,537,000	8,696,000	9,225,000	9,268,000	9,337,000	9,321,000	8,924,000	8,770,000	8,568,000	8,352,000	8,092,000	7,965,000	7,798,000	7,418,000	8,594,000	9,714,000	10,937,000
Property, plant and equipment	US$ in thousands	—	—	—	—	—	29,186,000	28,454,000	27,598,000	27,143,000	25,910,000	25,015,000	24,213,000	23,484,000	22,614,000	22,096,000	22,739,000	22,362,000	21,735,000	21,348,000	20,978,000
Fixed asset turnover		—	—	—	—	—	0.32	0.33	0.34	0.34	0.34	0.35	0.35	0.36	0.36	0.36	0.34	0.33	0.40	0.46	0.52

December 31, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $8,643,000K ÷ $—K
= —

CenterPoint Energy Inc's fixed asset turnover ratio has been gradually decreasing from 0.52 as of March 31, 2020, to 0.32 as of September 30, 2023. This indicates that the company is generating less revenue in relation to its fixed assets over time. A lower fixed asset turnover ratio could imply a decline in operational efficiency or underutilization of fixed assets. However, it is important to note that the ratio stabilizes at around 0.34 to 0.36 from March 31, 2021, to June 30, 2023, suggesting a possible stabilization of asset utilization. The absence of data for the later periods of December 31, 2023, to December 31, 2024 indicates a lack of information for further analysis, making it difficult to provide an accurate assessment of the company's fixed asset turnover in those periods. Overall, CenterPoint Energy Inc should continue to monitor its fixed asset turnover to ensure optimal efficiency in asset utilization.