Consolidated Edison Inc (ED)

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	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
Total assets	US$ in thousands	70,562,000	68,645,000	67,920,000	66,680,000	66,331,000	64,405,000	63,771,000	7,531,000	69,065,000	65,763,000	65,072,000	63,737,000	62,817,000	62,598,000	62,609,000	62,299,000	62,677,000	59,378,000	58,865,000	58,953,000
Total asset turnover		0.22	0.22	0.22	0.22	0.22	0.24	0.24	2.13	0.23	0.23	0.22	0.22	0.22	0.21	0.21	0.20	0.20	0.21	0.21	0.20

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $15,261,000K ÷ $70,562,000K
= 0.22

Consolidated Edison Inc's total asset turnover has shown fluctuations over the past few years, ranging from 0.20 to 2.13. The ratio increased steadily from 0.20 in March 2020 to 0.23 in September 2022, indicating that the company was generating more revenue relative to its total assets during this period. However, there was a significant spike to 2.13 in March 2023, which may indicate a sudden increase in sales compared to the assets employed.

Subsequently, the total asset turnover ratio decreased to 0.22 by December 2024, suggesting that the company may have experienced a slowdown in revenue generation relative to its asset base. Overall, the varying levels of total asset turnover highlight the efficiency of Consolidated Edison Inc in utilizing its assets to generate revenue, with periods of improvement and some fluctuations observed over the years.