Entergy Corporation (ETR)

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 11,879,650 11,862,150 12,068,570 11,960,980 12,147,410 12,695,110 13,318,210 13,867,380 13,764,240 13,214,200 12,349,110 11,775,980 11,742,900 11,390,540 10,940,580 10,531,300 10,113,640 10,205,850 10,442,860 10,696,280
Total assets US$ in thousands 64,790,000 64,462,000 62,766,300 61,629,900 59,703,400 60,552,100 59,717,200 59,203,300 58,595,200 58,975,300 57,827,600 59,833,500 59,454,200 58,843,500 55,949,300 58,667,600 58,239,200 56,070,300 53,365,300 52,555,000
Total asset turnover 0.18 0.18 0.19 0.19 0.20 0.21 0.22 0.23 0.23 0.22 0.21 0.20 0.20 0.19 0.20 0.18 0.17 0.18 0.20 0.20

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $11,879,650K ÷ $64,790,000K
= 0.18

Entergy Corporation's total asset turnover has shown relatively stable performance over the analyzed periods. The ratio ranged between 0.17 and 0.23, indicating that, on average, the company generated $0.17 to $0.23 in revenue for every dollar of assets it held.

The slight fluctuations observed in the total asset turnover suggest that Entergy Corporation's management has been able to efficiently utilize its assets to generate revenue, although there may have been some variations in operational efficiency or revenue generation strategies during the period.

Overall, the consistent performance within a narrow range indicates that Entergy Corporation has maintained a steady level of efficiency in generating revenue relative to its asset base. It would be beneficial for the company to continue monitoring and potentially improving this metric to enhance overall operational effectiveness and financial performance.