CSW Industrials, Inc. (CSW)

Total asset turnover

Jun 30, 2025 Mar 31, 2025 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
Revenue (ttm) US$ in thousands 915,770 878,301 858,612 839,930 815,657 792,840 777,666 773,792 761,331 757,905 735,518 700,711 665,104 626,436 586,506 540,152 489,507 419,205 384,334 378,118
Total assets US$ in thousands 1,535,920 1,379,060 1,350,200 1,359,300 1,050,530 1,043,330 993,131 1,011,310 1,033,100 1,043,450 1,047,670 1,021,390 1,017,920 995,360 950,045 903,022 904,242 874,957 880,577 391,667
Total asset turnover 0.60 0.64 0.64 0.62 0.78 0.76 0.78 0.77 0.74 0.73 0.70 0.69 0.65 0.63 0.62 0.60 0.54 0.48 0.44 0.97

June 30, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $915,770K ÷ $1,535,920K
= 0.60

The total asset turnover ratio for CSW Industrials, Inc. demonstrates a pattern of gradual growth over the analyzed period, indicating an increasing efficiency in the utilization of its assets to generate sales. Starting at 0.97 as of September 30, 2020, the ratio experienced a decline through the end of 2020, reaching 0.44 by December 31, 2020. This decrease may reflect a period of lower asset utilization or shifts in sales efficiency during that timeframe.

Subsequently, the ratio showed a consistent upward trend throughout 2021 and into 2022, rising from 0.48 in March 2021 to 0.70 by December 2022. The steady improvement suggests enhanced operational efficiency and more effective asset management, contributing to increased sales relative to total assets.

In 2023, the ratio continued to improve, reaching a peak of 0.78 as of December 31, 2023, indicating further gains in asset utilization efficiency. In the first half of 2024, the ratio remained relatively stable, with values around 0.76 to 0.78, before experiencing a decline to 0.62 in September 2024 and subsequent moderate recoveries to approximately 0.64 in late 2024 and mid-2025.

Overall, the trajectory of the total asset turnover ratio reflects a period of operational optimization and improved efficiency in asset utilization over the analyzed timeframe, despite some fluctuations in the most recent periods. This pattern underscores the company's ability to better leverage its assets to generate sales over time.


Peer comparison

Jun 30, 2025

Company name
Symbol
Total asset turnover
CSW Industrials, Inc.
CSW
0.60
H B Fuller Company
FUL
0.72