PG&E Corp (PCG)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 24,419,000 | 24,428,000 | 21,680,000 | 20,642,000 | 18,469,000 |
| Total assets | US$ in thousands | 133,660,000 | 125,698,000 | 118,644,000 | 103,327,000 | 97,856,000 |
| Total asset turnover | 0.18 | 0.19 | 0.18 | 0.20 | 0.19 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $24,419,000K ÷ $133,660,000K
= 0.18
The total asset turnover ratio for PG&E Corp over the five-year period ranged from 0.18 to 0.20. This ratio measures how efficiently the company is generating sales from its total assets. In this case, the company's ability to generate revenue from its assets remained relatively stable, with minor fluctuations over the years. A lower ratio indicates that the company is not effectively utilizing its assets to generate sales, while a higher ratio suggests better asset utilization. PG&E Corp's average total asset turnover ratio of approximately 0.19 over the period indicates moderate efficiency in generating revenue from its total assets.
Peer comparison
Dec 31, 2024