Consolidated Edison Inc (ED)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 15,256,000 | 14,663,000 | 15,670,000 | 13,676,000 | 12,246,000 |
| Property, plant and equipment | US$ in thousands | — | — | 46,766,000 | 48,596,000 | 46,555,000 |
| Fixed asset turnover | — | — | 0.34 | 0.28 | 0.26 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $15,256,000K ÷ $—K
= —
Consolidated Edison Inc's fixed asset turnover ratio has shown a gradual improvement over the past few years, increasing from 0.26 in December 31, 2020, to 0.28 in December 31, 2021, and further to 0.34 in December 31, 2022. This indicates that the company is generating more revenue from its fixed assets each year. However, there is missing data for December 31, 2023 and December 31, 2024, which hinders a complete trend analysis. Overall, the increasing trend in fixed asset turnover suggests that Consolidated Edison Inc is effectively utilizing its fixed assets to generate sales.
Peer comparison
Dec 31, 2024