Entergy Corporation (ETR)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 11,879,700 | 12,147,400 | 13,764,200 | 11,742,900 | 10,113,600 |
| Property, plant and equipment | US$ in thousands | — | — | 2,210,580 | 1,869,540 | 38,852,800 |
| Fixed asset turnover | — | — | 6.23 | 6.28 | 0.26 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $11,879,700K ÷ $—K
= —
Entergy Corporation's fixed asset turnover ratio exhibited a significant improvement over the years, increasing from 0.26 in December 31, 2020, to 6.28 in December 31, 2021. This indicates that the company generated $6.28 in revenue for every dollar invested in fixed assets in 2021, a substantial surge from the prior year's performance.
The trend continued to be positive as the fixed asset turnover ratio remained high at 6.23 in December 31, 2022. This suggests that Entergy efficiently utilized its fixed assets to generate revenue during this period.
However, the data shows a gap for December 31, 2023, and December 31, 2024, denoted by "—". This missing information hinders a comprehensive assessment of Entergy's fixed asset turnover performance for those years.
In conclusion, the data indicates a strong improvement in Entergy Corporation's fixed asset turnover ratio from 2020 to 2022, reflecting efficient utilization of fixed assets to drive revenue generation. Further information for the missing years would be needed to provide a complete analysis of the company's fixed asset turnover performance.
Peer comparison
Dec 31, 2024