ZoomInfo Technologies Inc. (GTM)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,214,300 | 1,239,500 | 1,098,000 | 747,200 | 476,200 |
| Total assets | US$ in thousands | 6,467,600 | 6,868,300 | 7,136,400 | 6,852,900 | 2,327,400 |
| Total asset turnover | 0.19 | 0.18 | 0.15 | 0.11 | 0.20 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $1,214,300K ÷ $6,467,600K
= 0.19
The total asset turnover ratio for ZoomInfo Technologies Inc. reflects its efficiency in utilizing its assets to generate revenue over the specified period. As of December 31, 2020, the ratio stood at 0.20, indicating that the company generated $0.20 in revenue for every dollar of assets. This ratio declined substantially in the subsequent year, reaching 0.11 at the end of December 2021, which suggests a decrease in asset utilization efficiency during that period. Moving into 2022, the ratio increased modestly to 0.15, indicating a partial recovery in asset utilization. The trend continued with a slight improvement to 0.18 at the end of 2023, approaching closer to the 2020 level. By December 31, 2024, the ratio further increased to 0.19, nearing the pre-2021 levels but still below the 2020 figure. Overall, the data demonstrates a fluctuation in asset efficiency, with a noticeable dip in 2021 followed by a gradual recovery over the subsequent years. This pattern may reflect changes in operational strategies, investments, or market conditions affecting the company's capacity to generate revenue efficiently relative to its asset base.
Peer comparison
Dec 31, 2024