Carlisle Companies Incorporated (CSL)
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 | 5,003,600 | 5,008,200 | 4,934,400 | 5,009,700 | 4,805,800 | 5,132,900 | 5,667,200 | 5,988,200 | 6,591,900 | 6,513,300 | 6,034,800 | 5,365,700 | 4,810,300 | 4,498,400 | 4,309,500 | 4,155,900 | 4,245,200 | 4,325,400 | 4,479,300 | 4,769,900 |
| Total assets | US$ in thousands | 5,816,600 | 6,478,400 | 6,728,300 | 6,645,900 | 6,620,000 | 6,816,000 | 7,176,200 | 7,115,400 | 7,222,000 | 7,732,000 | 7,577,700 | 7,323,000 | 7,246,800 | 7,074,600 | 5,839,300 | 5,752,200 | 5,866,400 | 5,800,000 | 5,808,300 | 6,297,600 |
| Total asset turnover | 0.86 | 0.77 | 0.73 | 0.75 | 0.73 | 0.75 | 0.79 | 0.84 | 0.91 | 0.84 | 0.80 | 0.73 | 0.66 | 0.64 | 0.74 | 0.72 | 0.72 | 0.75 | 0.77 | 0.76 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $5,003,600K ÷ $5,816,600K
= 0.86
Total asset turnover measures a company's efficiency in generating sales revenue from its total assets. For Carlisle Companies Incorporated, the total asset turnover ratio has fluctuated over the past few years. From March 31, 2020, to December 31, 2024, the ratio ranged between 0.64 and 0.91.
The data shows that Carlisle's ability to generate sales from its assets varied during this period. The ratio decreased from 0.76 on March 31, 2020, to 0.66 on December 31, 2021, indicating a decline in efficiency. However, it recovered and reached its peak of 0.91 on December 31, 2022.
Following the peak, the total asset turnover ratio declined again, reaching 0.73 on March 31, 2024. This fluctuation suggests changes in the company's asset management and sales performance. Overall, an increase in total asset turnover is generally viewed positively as it indicates that the company is effectively utilizing its assets to generate sales. A declining ratio may suggest inefficiencies in asset utilization or a slowdown in revenue generation relative to asset growth.
Peer comparison
Dec 31, 2024