Edison International (EIX)

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 17,599,000 17,321,000 16,822,000 16,450,000 16,338,000 16,648,000 17,174,000 17,218,000 17,220,000 16,535,000 16,606,000 15,913,000 14,905,000 14,731,000 14,076,000 13,748,000 13,578,000 13,391,000 12,488,000 12,313,000
Total assets US$ in thousands 85,579,000 84,749,000 84,818,000 83,599,000 81,758,000 80,164,000 79,551,000 78,854,000 78,041,000 76,709,000 75,045,000 74,720,000 74,745,000 73,023,000 71,162,000 70,505,000 69,372,000 68,556,000 67,051,000 66,026,000
Total asset turnover 0.21 0.20 0.20 0.20 0.20 0.21 0.22 0.22 0.22 0.22 0.22 0.21 0.20 0.20 0.20 0.19 0.20 0.20 0.19 0.19

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $17,599,000K ÷ $85,579,000K
= 0.21

The total asset turnover ratio of Edison International has shown a slight increase from 0.19 in March 2020 to 0.22 in June 2023. This indicates that Edison International is generating more revenue relative to its total assets over the analyzed period. The stability of the ratio between 0.20 and 0.22 from March 2021 to December 2024 suggests that the company is effectively utilizing its assets to generate revenue consistently. A higher total asset turnover ratio generally indicates better efficiency in asset utilization and sales generation. Overall, the trend in Edison International's total asset turnover ratio reflects a positive performance in effectively utilizing its assets to generate revenue.