Hyatt Hotels Corporation (H)
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 | 7,870,000 | 7,896,000 | 7,352,000 | 6,973,000 | 6,541,000 | 6,486,000 | 6,389,000 | 6,403,000 | 5,995,000 | 5,478,000 | 5,094,000 | 4,132,000 | 3,290,000 | 2,602,000 | 1,848,000 | 1,337,000 | 1,924,000 | 2,838,000 | 4,048,000 | 5,110,000 |
| Total assets | US$ in thousands | 13,324,000 | 11,865,000 | 12,757,000 | 11,719,000 | 12,833,000 | 12,317,000 | 12,589,000 | 12,618,000 | 12,312,000 | 12,402,000 | 12,650,000 | 12,689,000 | 12,603,000 | 9,477,000 | 8,962,000 | 8,769,000 | 9,129,000 | 9,225,000 | 8,580,000 | 8,298,000 |
| Total asset turnover | 0.59 | 0.67 | 0.58 | 0.60 | 0.51 | 0.53 | 0.51 | 0.51 | 0.49 | 0.44 | 0.40 | 0.33 | 0.26 | 0.27 | 0.21 | 0.15 | 0.21 | 0.31 | 0.47 | 0.62 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $7,870,000K ÷ $13,324,000K
= 0.59
The total asset turnover ratio for Hyatt Hotels Corporation has exhibited fluctuations over the reported period. Starting from 0.62 in March 31, 2020, the ratio declined to 0.21 by December 31, 2020, indicating a decrease in how efficiently the company was generating revenue from its assets. Subsequently, there was a slight improvement in the ratio reaching 0.33 by March 31, 2022, suggesting a better utilization of assets to generate sales.
The ratio continued to show volatility, with a peak of 0.67 on September 30, 2024, suggesting an increase in the company's ability to generate sales in relation to its total assets. However, by December 31, 2024, the ratio dropped to 0.59, indicating a slight reduction in asset utilization efficiency.
Overall, Hyatt Hotels Corporation's total asset turnover ratio fluctuated during the period under review, potentially indicating varying levels of efficiency in generating sales from its total assets. It is important for the company to closely monitor and manage this ratio to ensure optimal utilization of assets to drive revenue and profitability.
Peer comparison
Dec 31, 2024