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