Newell Brands Inc (NWL)

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 7,582,000 7,709,000 7,810,000 7,981,000 8,133,000 8,342,000 8,546,000 8,876,000 9,459,000 9,979,000 10,514,000 10,689,000 10,589,000 10,473,000 10,385,000 9,787,000 9,385,000 9,319,900 9,071,500 9,077,000
Total assets US$ in thousands 11,004,000 11,773,000 12,048,000 12,100,000 12,163,000 12,572,000 13,020,000 13,276,000 13,262,000 14,678,000 14,448,000 14,204,000 14,179,000 14,520,000 14,620,000 14,340,000 14,700,000 14,720,000 14,257,000 13,903,000
Total asset turnover 0.69 0.65 0.65 0.66 0.67 0.66 0.66 0.67 0.71 0.68 0.73 0.75 0.75 0.72 0.71 0.68 0.64 0.63 0.64 0.65

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $7,582,000K ÷ $11,004,000K
= 0.69

The total asset turnover of Newell Brands Inc has shown some fluctuations over the past few years. Starting at 0.65 in March 2020, it decreased slightly to 0.63 by September 2020, before gradually increasing to 0.75 by December 2021. From there, it fluctuated between 0.66 and 0.75 until December 2024. Overall, the total asset turnover ratio indicates the company's efficiency in generating sales revenue from its total assets. A higher ratio suggests better asset utilization and efficiency in generating sales.


Peer comparison

Dec 31, 2024