Delta Air Lines Inc (DAL)
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 | 61,398,000 | 59,858,000 | 59,460,000 | 58,180,000 | 57,151,000 | 56,332,000 | 54,746,000 | 52,914,000 | 49,453,000 | 45,408,000 | 40,372,000 | 33,646,000 | 28,386,000 | 22,842,000 | 16,956,000 | 11,442,000 | 16,166,000 | 23,997,000 | 33,716,000 | 44,903,000 |
| Total assets | US$ in thousands | 75,372,000 | 75,368,000 | 75,197,000 | 74,969,000 | 73,644,000 | 73,247,000 | 73,497,000 | 73,134,000 | 72,288,000 | 72,596,000 | 74,805,000 | 73,748,000 | 72,459,000 | 72,783,000 | 75,309,000 | 73,083,000 | 71,996,000 | 79,076,000 | 72,261,000 | 68,738,000 |
| Total asset turnover | 0.81 | 0.79 | 0.79 | 0.78 | 0.78 | 0.77 | 0.74 | 0.72 | 0.68 | 0.63 | 0.54 | 0.46 | 0.39 | 0.31 | 0.23 | 0.16 | 0.22 | 0.30 | 0.47 | 0.65 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $61,398,000K ÷ $75,372,000K
= 0.81
Total asset turnover is a measure of how efficiently a company generates revenue from its assets. For Delta Air Lines Inc, total asset turnover has shown a declining trend from 0.65 on March 31, 2020, to 0.81 on December 31, 2024. This indicates that the company has been able to generate more revenue for each dollar of assets over the years.
The ratio reached its lowest point of 0.16 on March 31, 2021, which may suggest potential challenges in efficiently utilizing its assets to generate revenue during that period. However, Delta Air Lines Inc has since improved its asset turnover, with a gradual increase seen in subsequent quarters.
As of December 31, 2024, Delta Air Lines Inc's total asset turnover of 0.81 implies that the company generated $0.81 in revenue for every dollar invested in assets. This indicates an efficient use of assets to drive revenue generation. Overall, the increasing trend in total asset turnover reflects positively on Delta Air Lines Inc's operational efficiency and its ability to utilize its assets effectively to drive revenue growth.
Peer comparison
Dec 31, 2024