Omnicom Group Inc (OMC)
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 | 15,689,100 | 15,427,800 | 15,123,300 | 14,879,400 | 14,692,200 | 14,499,500 | 14,364,800 | 14,322,100 | 14,289,100 | 14,276,700 | 14,268,300 | 14,272,700 | 14,289,300 | 14,190,500 | 13,962,000 | 13,191,100 | 13,171,100 | 13,555,300 | 13,972,600 | 14,891,700 |
| Total assets | US$ in thousands | 29,620,700 | 28,796,600 | 27,324,200 | 27,275,600 | 28,044,600 | 25,010,800 | 25,067,600 | 25,237,600 | 27,002,500 | 24,132,200 | 24,905,500 | 26,145,700 | 28,421,800 | 25,580,800 | 25,654,400 | 25,614,300 | 27,647,200 | 23,779,500 | 22,641,100 | 23,675,900 |
| Total asset turnover | 0.53 | 0.54 | 0.55 | 0.55 | 0.52 | 0.58 | 0.57 | 0.57 | 0.53 | 0.59 | 0.57 | 0.55 | 0.50 | 0.55 | 0.54 | 0.51 | 0.48 | 0.57 | 0.62 | 0.63 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $15,689,100K ÷ $29,620,700K
= 0.53
Total asset turnover measures the efficiency with which Omnicom Group Inc generates revenue from its total assets. The trend in Omnicom's total asset turnover ratio shows some fluctuations over the years. From March 31, 2020, to December 31, 2024, the ratio ranged from 0.48 to 0.63, with the highest value at 0.63 in March 31, 2020.
Overall, the total asset turnover ratio decreased gradually during the first half of the period, reaching its lowest point of 0.48 on December 31, 2020. There was a slight improvement in the ratio in the following quarters, showing a fluctuating pattern with some minor ups and downs.
Despite the fluctuations, the ratio generally remained within a narrow range, indicating that Omnicom was moderately efficient in generating sales from its total assets. Further analysis would be beneficial to understand the specific factors influencing these changes in the total asset turnover ratio.
Peer comparison
Dec 31, 2024