Exelon Corporation (EXC)
Total asset turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 23,028,000 | 21,727,000 | 19,078,000 | 17,938,000 | 16,663,000 |
Total assets | US$ in thousands | 107,784,000 | 101,856,000 | 95,349,000 | 133,013,000 | 129,317,000 |
Total asset turnover | 0.21 | 0.21 | 0.20 | 0.13 | 0.13 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $23,028,000K ÷ $107,784,000K
= 0.21
Exelon Corporation's total asset turnover has shown a gradual improvement over the years, increasing from 0.13 in 2020 and 2021 to 0.21 in 2024. This indicates that the company is generating more revenue relative to its total assets, reflecting efficient asset management and utilization. The uptrend suggests that Exelon has been able to effectively leverage its assets to drive sales and profitability. An increasing total asset turnover ratio typically signifies better operational performance and productivity, demonstrating Exelon's ability to generate more sales per dollar of assets invested. This trend may result from effective cost management, strategic investment decisions, or focus on core business operations. It is important for Exelon to sustain this positive momentum in total asset turnover to continue maximizing returns and creating long-term shareholder value.
Peer comparison
Dec 31, 2024