KBR Inc (KBR)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 7,749,000 | 6,834,000 | 6,496,000 | 7,249,000 | 5,767,000 |
| Total assets | US$ in thousands | 6,663,000 | 5,565,000 | 5,566,000 | 6,204,000 | 5,705,000 |
| Total asset turnover | 1.16 | 1.23 | 1.17 | 1.17 | 1.01 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $7,749,000K ÷ $6,663,000K
= 1.16
KBR Inc's total asset turnover has shown a fluctuating trend over the past five years. In 2020, the total asset turnover ratio was 1.01, indicating that the company generated $1.01 in revenue for every dollar of assets. This ratio increased to 1.17 in both 2021 and 2022, suggesting an improvement in efficiency in utilizing its assets to generate sales.
However, in 2023, the total asset turnover ratio further increased to 1.23, signaling that the company was able to generate more revenue per dollar of assets invested. This could be attributed to improved operational effectiveness or better asset management practices.
In 2024, the total asset turnover ratio decreased slightly to 1.16, but it still remained relatively high compared to the initial ratio in 2020. Overall, the trend in total asset turnover indicates that KBR Inc has been effectively using its assets to generate sales revenue, with fluctuations possibly influenced by changes in business operations or market dynamics.
Peer comparison
Dec 31, 2024