Encompass Health Corp (EHC)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,373,200 | 4,801,200 | 4,348,600 | 5,121,600 | 4,644,400 |
| Total assets | US$ in thousands | 6,534,700 | 6,102,400 | 5,636,500 | 6,864,900 | 6,445,900 |
| Total asset turnover | 0.82 | 0.79 | 0.77 | 0.75 | 0.72 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $5,373,200K ÷ $6,534,700K
= 0.82
Total asset turnover measures how efficiently a company generates revenue from its total assets. In the case of Encompass Health Corp, we observe a consistent upward trend in total asset turnover from 0.72 in December 2020 to 0.82 in December 2024. This indicates that the company has been utilizing its assets more effectively over the years to generate sales. The increase in total asset turnover suggests improved operational efficiency and better utilization of resources. Overall, the rising trend in total asset turnover for Encompass Health Corp is a positive sign of its ability to generate more revenue from its asset base.
Peer comparison
Dec 31, 2024