EMCOR Group Inc (EME)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 14,566,100 | 12,582,900 | 11,076,100 | 9,903,580 | 8,797,060 |
| Total assets | US$ in thousands | 7,716,470 | 6,609,720 | 5,524,610 | 5,441,450 | 5,063,840 |
| Total asset turnover | 1.89 | 1.90 | 2.00 | 1.82 | 1.74 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $14,566,100K ÷ $7,716,470K
= 1.89
The total asset turnover of EMCOR Group Inc has shown a steady increase from 1.74 in December 2020 to 1.89 in December 2024. This indicates that the company is generating more revenue relative to its total assets over this period. The peak total asset turnover of 2.00 in December 2022 suggests that the company was particularly effective in using its assets to drive revenue in that year. However, the slight decrease in total asset turnover in the following years may indicate a moderate decline in asset efficiency. Overall, the trend in total asset turnover reflects varying levels of asset utilization efficiency by EMCOR Group Inc during the period under consideration.
Peer comparison
Dec 31, 2024