Consolidated Edison Inc (ED)
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 | 15,261,000 | 15,036,000 | 14,816,000 | 14,540,000 | 14,663,000 | 15,250,000 | 15,543,000 | 16,014,000 | 15,671,000 | 15,055,000 | 14,503,000 | 14,059,000 | 13,676,000 | 13,221,000 | 12,941,000 | 12,689,000 | 12,246,000 | 12,237,000 | 12,269,000 | 11,881,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 559,000 | 47,927,000 | 47,290,000 | 46,766,000 | 50,392,000 | 49,660,000 | 49,018,000 | 48,596,000 | 47,947,000 | 48,157,000 | 47,069,000 | 46,555,000 | 45,564,000 | 44,897,000 | 44,435,000 |
| Fixed asset turnover | — | — | — | — | — | 27.28 | 0.32 | 0.34 | 0.34 | 0.30 | 0.29 | 0.29 | 0.28 | 0.28 | 0.27 | 0.27 | 0.26 | 0.27 | 0.27 | 0.27 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $15,261,000K ÷ $—K
= —
Fixed asset turnover is a financial ratio that measures how efficiently a company is generating revenue from its fixed assets. In the case of Consolidated Edison Inc, the data shows a relatively stable fixed asset turnover ratio over the past few quarters, ranging from 0.26 to 0.34.
The trend indicates that Consolidated Edison Inc has been able to effectively utilize its fixed assets to generate revenue. An increasing fixed asset turnover ratio over time generally indicates improved efficiency in asset utilization, which can be a positive sign for investors.
However, it is important to note the significant increase in fixed asset turnover to 27.28 in September 30, 2023, which seems like an anomaly or data error as the following data points are marked with "\u2014" indicating missing or unknown values.
Overall, while the company's fixed asset turnover has shown some fluctuations, the values mostly fall within a relatively stable range, suggesting a consistent level of efficiency in generating revenue from its fixed assets.
Peer comparison
Dec 31, 2024