KBR Inc (KBR)

Total asset turnover

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Revenue (ttm) US$ in thousands 6,834,000 6,723,000 6,586,000 6,479,000 6,496,000 7,390,000 7,610,000 7,505,000 7,249,000 6,239,000 5,795,000 5,668,000 5,767,000 5,753,000 5,799,000 5,836,000 5,639,000 5,517,000 5,370,000 5,215,000
Total assets US$ in thousands 5,565,000 5,973,000 6,287,000 5,736,000 5,566,000 5,354,000 5,518,000 5,634,000 6,204,000 5,832,000 5,522,000 5,675,000 5,705,000 5,308,000 5,010,000 5,104,000 5,360,000 5,402,000 5,318,000 5,317,000
Total asset turnover 1.23 1.13 1.05 1.13 1.17 1.38 1.38 1.33 1.17 1.07 1.05 1.00 1.01 1.08 1.16 1.14 1.05 1.02 1.01 0.98

December 31, 2023 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $6,834,000K ÷ $5,565,000K
= 1.23

The total asset turnover ratio for KBR Inc fluctuated over the past few quarters, ranging from 0.98 to 1.38. A higher total asset turnover ratio indicates that the company is generating more revenue for each dollar invested in assets. The ratio was relatively high in the third and fourth quarters of 2022, suggesting efficient asset utilization during that period. However, the ratio declined in subsequent quarters, indicating a decrease in sales generated for each dollar of assets. Overall, KBR Inc's total asset turnover ratio has shown variability over time, reflecting fluctuations in operational efficiency and asset utilization.


Peer comparison

Dec 31, 2023