NRG Energy Inc. (NRG)
Total asset turnover
| 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 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 28,183,000 | 28,088,000 | 28,811,000 | 28,510,000 | 28,740,000 | 29,871,000 | 30,435,000 | 31,369,000 | 31,543,000 | 30,734,000 | 28,833,000 | 26,794,000 | 26,989,000 | 21,970,000 | 18,170,000 | 15,165,000 | 9,093,000 | 9,261,000 | 9,448,000 | 9,675,000 |
| Total assets | US$ in thousands | 24,022,000 | 23,724,000 | 25,762,000 | 25,401,000 | 26,038,000 | 27,910,000 | 28,991,000 | 29,696,000 | 29,146,000 | 32,243,000 | 34,335,000 | 29,477,000 | 23,182,000 | 27,965,000 | 21,619,000 | 19,241,000 | 14,902,000 | 12,225,000 | 12,337,000 | 12,822,000 |
| Total asset turnover | 1.17 | 1.18 | 1.12 | 1.12 | 1.10 | 1.07 | 1.05 | 1.06 | 1.08 | 0.95 | 0.84 | 0.91 | 1.16 | 0.79 | 0.84 | 0.79 | 0.61 | 0.76 | 0.77 | 0.75 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $28,183,000K ÷ $24,022,000K
= 1.17
The total asset turnover ratio of NRG Energy Inc. has shown fluctuations over the periods provided in the data. The ratio indicates the company's efficiency in generating sales from its assets.
From March 31, 2020, to December 31, 2020, the total asset turnover remained relatively stable, fluctuating between 0.61 and 0.79. There was a noticeable increase from December 31, 2020, to December 31, 2021, where the ratio jumped significantly to 1.16, indicating that NRG Energy was generating more revenue per dollar of assets during that period.
Following a peak at the end of 2021, there was some fluctuation in the ratio between March 31, 2022, and September 30, 2024, ranging from 0.84 to 1.18. The ratio generally stayed above 1.0 during this period, suggesting that NRG Energy was efficient in converting its assets into revenue.
Overall, the trend in the total asset turnover ratio for NRG Energy Inc. shows improvement in asset utilization efficiency, especially seen in the later periods where the ratio consistently stayed above 1.0. This indicates that the company was able to generate more revenue relative to its total assets, reflecting positively on its operational efficiency and potentially its overall financial performance.
Peer comparison
Dec 31, 2024