Exponent Inc (EXPO)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 558,514 | 536,766 | 513,293 | 466,269 | 399,900 |
| Total assets | US$ in thousands | 777,270 | 646,777 | 586,662 | 683,739 | 580,096 |
| Total asset turnover | 0.72 | 0.83 | 0.87 | 0.68 | 0.69 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $558,514K ÷ $777,270K
= 0.72
Exponent Inc's total asset turnover has shown some variation over the past five years. The ratio was 0.69 as of December 31, 2020, and decreased slightly to 0.68 by December 31, 2021. However, there was a notable improvement in efficiency as reflected by a rise to 0.87 by December 31, 2022. Subsequently, the ratio decreased to 0.83 by December 31, 2023, and then moderately dropped to 0.72 by December 31, 2024. This suggests that Exponent Inc's ability to generate sales from its total assets improved significantly in 2022 but has since fluctuated. Further investigation and analysis would be needed to understand the factors driving these changes and to assess the company's overall operational performance and asset utilization efficiency.
Peer comparison
Dec 31, 2024