Public Service Enterprise Group Inc (PEG)
Total 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 |
| Total assets | US$ in thousands | 54,640,000 | 54,080,000 | 52,388,000 | 50,741,000 | 49,552,000 | 49,505,000 | 49,409,000 | 48,718,000 | 47,741,000 | 49,608,000 | 47,774,000 | 48,999,000 | 49,426,000 | 49,292,000 | 50,206,000 | 50,050,000 | 49,576,000 | 48,780,000 | 48,365,000 | 47,730,000 |
| Total asset turnover | 0.19 | 0.19 | 0.20 | 0.22 | 0.24 | 0.23 | 0.23 | 0.20 | 0.20 | 0.19 | 0.19 | 0.20 | 0.18 | 0.19 | 0.19 | 0.19 | 0.20 | 0.20 | 0.20 | 0.21 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $10,472,000K ÷ $54,640,000K
= 0.19
The total asset turnover of Public Service Enterprise Group Inc has shown a declining trend from December 2019 to December 2024. The ratio decreased from 0.21 in December 2019 to 0.19 in December 2024, with fluctuations in between. This indicates that the company generated less revenue relative to its total assets over the period, suggesting potential inefficiencies in asset utilization. However, there was a slight improvement in the ratio in March 2023 to 0.23, suggesting some improvement in the efficiency of using assets to generate sales. Further analysis is needed to understand the specific reasons behind the fluctuations and to assess the overall operational efficiency and effectiveness of the company in utilizing its assets to generate revenue.
Peer comparison
Dec 31, 2024