PG&E Corp (PCG)

Fixed 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 24,419,000 24,829,000 24,776,000 24,080,000 24,428,000 22,757,000 22,263,000 22,091,000 21,680,000 21,556,000 21,627,000 21,724,000 20,642,000 20,988,000 20,014,000 19,133,000 18,469,000 17,835,000 17,724,000 17,273,000
Property, plant and equipment US$ in thousands 87,422,000 85,572,000 84,461,000 82,870,000 81,534,000 80,259,000 78,773,000 77,320,000 76,208,000 75,075,000 73,495,000 71,505,000 69,826,000 69,391,000 68,344,000 67,261,000 66,136,000 64,670,000 63,401,000 62,498,000
Fixed asset turnover 0.28 0.29 0.29 0.29 0.30 0.28 0.28 0.29 0.28 0.29 0.29 0.30 0.30 0.30 0.29 0.28 0.28 0.28 0.28 0.28

December 31, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $24,419,000K ÷ $87,422,000K
= 0.28

PG&E Corp's fixed asset turnover ratio has remained relatively stable around the range of 0.28 to 0.30 over the period from March 31, 2020, to December 31, 2024. This indicates that the company generates approximately 0.28 to 0.30 in revenue for every dollar invested in fixed assets. The slight fluctuations in the ratio suggest that PG&E Corp's efficiency in utilizing its fixed assets to generate sales has been fairly consistent, with some minor improvements seen in the most recent periods. While the ratio alone does not provide a complete picture of the company's financial health, a stable fixed asset turnover may reflect effective management of assets and operational efficiency in utilizing its resources.