KLA-Tencor Corporation (KLAC)
Total asset turnover
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 12,156,160 | 11,547,650 | 10,840,010 | 10,249,890 | 9,805,310 | 9,594,220 | 9,671,440 | 10,168,600 | 10,496,060 | 10,627,660 | 10,483,730 | 9,852,470 | 9,211,890 | 8,650,620 | 8,165,710 | 7,463,950 | 6,918,730 | 6,452,850 | 6,073,040 | 5,931,620 |
| Total assets | US$ in thousands | 16,067,900 | 15,188,300 | 15,001,700 | 15,681,700 | 15,433,600 | 14,957,300 | 14,280,500 | 14,136,800 | 14,072,400 | 13,683,500 | 13,729,100 | 13,123,700 | 12,597,100 | 12,017,800 | 11,680,200 | 11,146,500 | 10,271,100 | 9,939,240 | 9,814,640 | 9,320,100 |
| Total asset turnover | 0.76 | 0.76 | 0.72 | 0.65 | 0.64 | 0.64 | 0.68 | 0.72 | 0.75 | 0.78 | 0.76 | 0.75 | 0.73 | 0.72 | 0.70 | 0.67 | 0.67 | 0.65 | 0.62 | 0.64 |
June 30, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $12,156,160K ÷ $16,067,900K
= 0.76
The analysis of KLA-Tencor Corporation’s total asset turnover over the provided periods reveals a generally stable trend with modest fluctuations. Starting from approximately 0.64 at September 30, 2020, the ratio experienced a gradual increase, reaching a peak of around 0.78 by March 31, 2023. This upward trajectory indicates improved efficiency in utilizing assets to generate sales during this period.
From the peak in early 2023, the ratio relative to subsequent quarters shows a slight decline, settling at approximately 0.68 by December 31, 2023. In 2024, the ratio remains relatively stable around 0.64 to 0.65, suggesting a period of steadiness in asset utilization efficiency. However, a notable increase occurs later in 2024 and early 2025, with the ratio rising back to approximately 0.76 by March 2025, indicating an enhanced asset efficiency in generating revenue.
Overall, the trend indicates that KLA-Tencor has maintained a relatively high level of asset utilization compared to industry averages typically observed for high-technology manufacturing firms. The fluctuations suggest periods of operational adjustments, strategic investment, or market conditions affecting asset effectiveness. The recent increase towards 2025 signifies a potential improvement in operational efficiency or sales performance relative to asset base size, whereas periods of decline may reflect temporary challenges or strategic realignments.
Peer comparison
Jun 30, 2025
See also:
KLA-Tencor Corporation Total Asset Turnover (Quarterly Data)