Public Service Enterprise Group Inc (PEG)
Fixed asset turnover
| Dec 31, 2024 | Sep 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 10,472,000 | 10,463,000 | 10,242,000 | 11,237,000 | 11,771,000 | 11,587,000 | 11,242,000 | 9,800,000 | 9,717,000 | 9,348,000 | 9,146,000 | 9,722,000 | 9,068,000 | 9,535,000 | 9,711,000 | 9,603,000 | 9,679,000 | 9,611,000 | 9,877,000 | 10,076,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | 37,632,000 | 36,860,000 | 36,360,000 | 36,118,000 | 35,629,000 | 35,159,000 | 34,734,000 | 34,567,000 | 33,579,000 | 37,258,000 | 37,786,000 | 37,847,000 | 37,049,000 | 36,551,000 | 36,205,000 | 35,844,000 |
| Fixed asset turnover | — | — | — | — | 0.31 | 0.31 | 0.31 | 0.27 | 0.27 | 0.27 | 0.26 | 0.28 | 0.27 | 0.26 | 0.26 | 0.25 | 0.26 | 0.26 | 0.27 | 0.28 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $10,472,000K ÷ $—K
= —
The fixed asset turnover ratio for Public Service Enterprise Group Inc has shown stability over the past few years, ranging from 0.25 to 0.31. This ratio measures how efficiently the company generates revenue from its fixed assets. A higher fixed asset turnover ratio indicates that the company is utilizing its fixed assets more efficiently to generate sales.
From December 31, 2019, to March 31, 2023, the trend in fixed asset turnover remained relatively consistent, with minor fluctuations. The ratio saw a slight increase from 0.28 on December 31, 2019, to 0.31 on March 31, 2023, suggesting improved efficiency in generating sales from fixed assets during this period.
However, from March 31, 2023, to the end of 2024, the data shows that the fixed asset turnover ratio was not available, indicating a lack of data for analysis during this period. This could be due to various reasons such as data unavailability or changes in reporting practices.
Overall, the stability in the fixed asset turnover ratio over the analyzed period suggests that Public Service Enterprise Group Inc has been maintaining a consistent level of efficiency in utilizing its fixed assets to generate revenue.
Peer comparison
Dec 31, 2024