NorthWestern Corporation (NWE)
Fixed asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | ||
|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,513,898 | 1,496,441 | 1,472,370 |
| Property, plant and equipment | US$ in thousands | 6,398,280 | 6,304,720 | 6,193,230 |
| Fixed asset turnover | 0.24 | 0.24 | 0.24 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,513,898K ÷ $6,398,280K
= 0.24
The fixed asset turnover ratio for NorthWestern Corporation remained consistent at 0.24 for the periods ending in June 30, 2024, September 30, 2024, and December 31, 2024. This indicates that for every dollar invested in fixed assets, the company generates $0.24 in revenue. A fixed asset turnover ratio of 0.24 suggests that NorthWestern Corporation may not be efficiently utilizing its fixed assets to generate sales compared to its industry peers. Further analysis of the company's operational efficiency and asset management may be warranted to improve performance in this area.
Peer comparison
Dec 31, 2024