Leidos Holdings Inc (LDOS)
Total asset turnover
| Dec 31, 2024 | Sep 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 16,510,000 | 16,066,000 | 15,714,000 | 15,438,000 | 15,155,000 | 14,842,000 | 14,601,000 | 14,396,000 | 14,190,000 | 14,065,000 | 13,916,000 | 13,737,000 | 13,498,000 | 13,257,000 | 12,723,000 | 12,297,000 | 11,999,000 | 11,592,000 | 11,406,000 | 11,094,000 |
| Total assets | US$ in thousands | 13,104,000 | 13,338,000 | 12,817,000 | 12,695,000 | 12,757,000 | 13,026,000 | 13,132,000 | 13,071,000 | 13,099,000 | 12,887,000 | 13,030,000 | 13,261,000 | 13,281,000 | 13,035,000 | 12,638,000 | 12,511,000 | 12,285,000 | 12,143,000 | 10,988,000 | 9,367,000 |
| Total asset turnover | 1.26 | 1.20 | 1.23 | 1.22 | 1.19 | 1.14 | 1.11 | 1.10 | 1.08 | 1.09 | 1.07 | 1.04 | 1.02 | 1.02 | 1.01 | 0.98 | 0.98 | 0.95 | 1.04 | 1.18 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $16,510,000K ÷ $13,104,000K
= 1.26
Total asset turnover is a financial ratio that measures a company's ability to generate sales from its assets. For Leidos Holdings Inc, the total asset turnover has shown some fluctuations over the past few years.
From December 31, 2019, to December 31, 2020, the total asset turnover decreased from 1.18 to 0.98, indicating a decrease in the efficiency of generating sales from assets. However, starting from March 31, 2021, the ratio began to improve, reaching 1.26 by December 31, 2024.
The trend shows that Leidos Holdings Inc has been able to leverage its assets more effectively to generate sales over the years, as evidenced by the increasing total asset turnover ratio. This improvement suggests that the company has been able to optimize its asset utilization and operational efficiency, which is a positive sign for investors and stakeholders.
Peer comparison
Dec 31, 2024