PG&E Corp (PCG)
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 | 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 |
| Total assets | US$ in thousands | 133,660,000 | 132,319,000 | 130,788,000 | 127,645,000 | 125,698,000 | 123,009,000 | 120,705,000 | 119,612,000 | 118,644,000 | 117,012,000 | 113,541,000 | 103,931,000 | 103,327,000 | 103,561,000 | 100,494,000 | 98,558,000 | 97,856,000 | 95,587,000 | 109,229,000 | 86,688,000 |
| Total asset turnover | 0.18 | 0.19 | 0.19 | 0.19 | 0.19 | 0.19 | 0.18 | 0.18 | 0.18 | 0.18 | 0.19 | 0.21 | 0.20 | 0.20 | 0.20 | 0.19 | 0.19 | 0.19 | 0.16 | 0.20 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $24,419,000K ÷ $133,660,000K
= 0.18
The total asset turnover for PG&E Corp has ranged from 0.16 to 0.21 over the period from March 31, 2020, to December 31, 2024. The ratio indicates how efficiently the company is utilizing its assets to generate revenue. A higher total asset turnover suggests that the company is generating more revenue per dollar of assets invested. PG&E Corp's total asset turnover has shown relative stability around the range of 0.18 to 0.21 in recent periods, indicating a consistent level of asset efficiency in generating revenue. Further analysis can be done to understand the factors contributing to these ratios and any potential areas for improvement in asset utilization.
Peer comparison
Dec 31, 2024