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.
Peer comparison
Dec 31, 2024