Portland General Electric Co (POR)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,440,000 | 2,923,000 | 2,647,000 | 2,396,000 | 2,145,000 |
| Property, plant and equipment | US$ in thousands | — | — | 8,465,000 | 8,005,000 | 7,539,000 |
| Fixed asset turnover | — | — | 0.31 | 0.30 | 0.28 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $3,440,000K ÷ $—K
= —
Portland General Electric Co's fixed asset turnover has shown a slight improvement over the past few years. The ratio increased from 0.28 in December 2020 to 0.30 in December 2021, and further to 0.31 in December 2022. This indicates that the company is generating more revenue from its fixed assets over time. However, the data for December 2023 and December 2024 is not available (denoted by "—"), which limits a complete analysis of the trend. Overall, the upward trend in fixed asset turnover suggests that Portland General Electric Co is utilizing its fixed assets more efficiently to generate sales.
Peer comparison
Dec 31, 2024