Encompass Health Corp (EHC)
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 | 5,373,200 | 5,215,000 | 5,070,900 | 4,956,800 | 4,801,200 | 4,691,700 | 4,574,300 | 4,717,700 | 4,890,900 | 5,072,300 | 5,267,600 | 5,224,800 | 5,121,600 | 5,017,300 | 4,906,400 | 4,692,800 | 4,644,400 | 4,614,400 | 4,602,100 | 4,663,000 |
| Total assets | US$ in thousands | 6,534,700 | 6,458,400 | 6,388,700 | 6,231,400 | 6,102,400 | 5,964,300 | 5,860,900 | 5,747,300 | 5,636,500 | 5,475,900 | 7,082,200 | 6,944,000 | 6,864,900 | 6,721,700 | 6,612,900 | 6,542,200 | 6,445,900 | 6,610,500 | 6,502,500 | 6,137,700 |
| Total asset turnover | 0.82 | 0.81 | 0.79 | 0.80 | 0.79 | 0.79 | 0.78 | 0.82 | 0.87 | 0.93 | 0.74 | 0.75 | 0.75 | 0.75 | 0.74 | 0.72 | 0.72 | 0.70 | 0.71 | 0.76 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $5,373,200K ÷ $6,534,700K
= 0.82
Encompass Health Corp's total asset turnover ratio has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The total asset turnover ratio indicates how efficiently the company is using its assets to generate revenue.
Initially, the total asset turnover ratio was 0.76 in March 2020, indicating that the company generated $0.76 in revenue for every dollar of assets. It declined to 0.71 by June 2020 and further decreased to 0.70 by September 2020, potentially signaling less efficient asset utilization during that period.
However, from December 2020 to June 2022, the total asset turnover ratio gradually improved to reach 0.74, reflecting improved efficiency in generating revenue from its assets. From September 2022 to December 2024, there was a notable spike in the total asset turnover ratio, reaching a peak of 0.82 in December 2024, suggesting enhanced asset utilization and revenue generation efficiency during this period.
Overall, the total asset turnover ratio for Encompass Health Corp exhibits varying levels of asset efficiency over the analyzed period, with periods of improvement and some fluctuations. It is essential for the company to sustain and potentially enhance this ratio to ensure optimal utilization of assets in generating revenue.
Peer comparison
Dec 31, 2024