Dominion Energy Inc (D)
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 | 14,459,000 | 14,593,000 | 14,462,000 | 14,142,000 | 14,393,000 | 15,772,000 | 15,925,000 | 16,355,000 | 16,751,000 | 15,718,000 | 14,931,000 | 14,373,000 | 13,964,000 | 13,605,000 | 14,036,000 | 14,104,000 | 14,172,000 | 15,126,000 | 15,301,000 | 16,165,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 56,161,000 | 66,543,000 | 64,625,000 | 63,460,000 | 62,894,000 | 61,264,000 | 60,121,000 | 59,774,000 | 58,386,000 | 59,226,000 | 58,421,000 | 57,848,000 | 56,788,000 | 67,980,000 | 67,396,000 |
| Fixed asset turnover | — | — | — | — | — | 0.28 | 0.24 | 0.25 | 0.26 | 0.25 | 0.24 | 0.24 | 0.23 | 0.23 | 0.24 | 0.24 | 0.24 | 0.27 | 0.23 | 0.24 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $14,459,000K ÷ $—K
= —
The fixed asset turnover ratio for Dominion Energy Inc has shown some fluctuation over the fiscal years provided. The ratio ranged between 0.23 and 0.28, with the highest value recorded on September 30, 2023. This indicates that, on average, Dominion Energy Inc generated between $0.23 and $0.28 in revenue for each dollar invested in fixed assets during the period.
The trend in the fixed asset turnover ratio does not show a clear pattern of improvement or decline, as it has varied without a consistent direction. However, the ratio remained relatively stable around 0.24 to 0.25 for the most part, suggesting a consistent utilization of fixed assets to generate revenue.
It is worth noting that the ratio was not available for the quarters ending December 31, 2023, and onwards, which may indicate that the company faced challenges in providing accurate or updated financial information for those periods.
Overall, the fixed asset turnover ratio for Dominion Energy Inc reflects its efficiency in using fixed assets to generate sales revenue, and further analysis would be needed to assess the implications of the fluctuations in this ratio on the company's operational performance and efficiency.
Peer comparison
Dec 31, 2024