Eaton Corporation PLC (ETN)
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 | 24,878,000 | 24,605,000 | 24,140,000 | 23,656,000 | 23,196,000 | 22,613,000 | 22,046,000 | 21,392,000 | 20,752,000 | 20,166,000 | 19,776,000 | 19,779,000 | 19,628,000 | 19,517,000 | 19,120,000 | 17,761,000 | 17,858,000 | 18,409,000 | 19,197,000 | 20,874,000 |
| Total assets | US$ in thousands | 38,381,000 | 39,236,000 | 39,381,000 | 38,535,000 | 38,432,000 | 37,289,000 | 36,773,000 | 35,517,000 | 35,030,000 | 34,364,000 | 35,153,000 | 35,208,000 | 34,027,000 | 34,128,000 | 36,804,000 | 34,080,000 | 31,824,000 | 30,985,000 | 30,348,000 | 30,845,000 |
| Total asset turnover | 0.65 | 0.63 | 0.61 | 0.61 | 0.60 | 0.61 | 0.60 | 0.60 | 0.59 | 0.59 | 0.56 | 0.56 | 0.58 | 0.57 | 0.52 | 0.52 | 0.56 | 0.59 | 0.63 | 0.68 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $24,878,000K ÷ $38,381,000K
= 0.65
The total asset turnover for Eaton Corporation PLC has shown a fluctuating trend over the past few years. Starting at 0.68 in March 31, 2020, it gradually decreased to 0.52 by March 31, 2021, which indicates that the company was generating $0.52 in revenue for every dollar of assets it had during that period.
Subsequently, there was a slight increase in the total asset turnover to 0.57 by September 30, 2021, before returning to 0.63 by June 30, 2022. From this point onwards, the total asset turnover remained relatively stable, fluctuating between 0.56 and 0.65 up to December 31, 2024.
Overall, the total asset turnover ratio for Eaton Corporation PLC seems to have stabilized around the range of 0.56 to 0.65 in the recent years, suggesting that the company's efficiency in generating sales from its assets has also stabilized during this period.
Peer comparison
Dec 31, 2024