Pegasystems Inc (PEGA)

Total asset turnover

		Mar 31, 2025	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
Revenue (ttm)	US$ in thousands	1,642,666	1,497,180	1,480,583	1,490,176	1,437,291	1,432,616	1,354,853	1,290,941	1,267,010	1,317,845	1,237,559	1,223,096	1,274,461	1,211,653	1,194,069	1,163,752	1,065,425	1,017,517	995,459	986,211
Total assets	US$ in thousands	1,321,950	1,768,270	1,579,230	1,536,530	1,511,730	1,510,740	1,222,530	1,192,440	1,281,840	1,357,670	1,166,460	1,258,380	1,538,480	1,593,530	1,555,400	1,602,570	1,528,500	1,604,260	1,487,330	1,496,280
Total asset turnover		1.24	0.85	0.94	0.97	0.95	0.95	1.11	1.08	0.99	0.97	1.06	0.97	0.83	0.76	0.77	0.73	0.70	0.63	0.67	0.66

March 31, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,642,666K ÷ $1,321,950K
= 1.24

Based on the provided data, Pegasystems Inc's total asset turnover has exhibited notable fluctuations over the analyzed period. Initially, the ratio was approximately 0.66 as of June 30, 2020, indicating that the company generated about $0.66 of revenue for every dollar of assets. This ratio modestly increased to around 0.67 by September 30, 2020, and then experienced a slight decline to 0.63 by December 31, 2020.

From the beginning of 2021 onward, there was a consistent upward trend in the total asset turnover ratio, reaching 0.70 by March 31, 2021, and further climbing to 0.73 and 0.77 by June and September 2021, respectively. The ratio remained relatively stable, with a slight dip to 0.76 at the end of 2021 and then increasing into 2022.

In 2022, the ratio showed a significant upward movement, surpassing 0.83 by March and approaching 1.06 by September of that year. The ratio peaked at approximately 0.97 at the end of 2022 before further rising to nearly 1.08 by June 2023 and 1.11 by September 2023. This marked an improvement in the company's efficiency in utilizing its assets to generate revenue.

Subsequently, the ratio experienced some decline, falling to 0.95 at the end of 2023 and maintaining around that level through the first half of 2024. However, in March 2025, there is a notable increase to 1.24, indicating an improved asset utilization relative to revenue generation.

Overall, the trend suggests a trajectory of increasing asset efficiency from mid-2020 through mid-2023, reaching a peak around September 2023. The decline afterwards reflects some reduction in asset utilization efficiency but remains elevated compared to the initial levels. The recent significant rise in 2025 indicates potential operational improvements or strategic changes leading to higher revenue generation relative to assets.