Portland General Electric Co (POR)
Fixed 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 | 3,440,000 | 3,221,000 | 3,094,000 | 3,016,000 | 2,923,000 | 2,885,000 | 2,826,000 | 2,769,000 | 2,647,000 | 2,568,000 | 2,467,000 | 2,413,000 | 2,396,000 | 2,344,000 | 2,249,000 | 2,181,000 | 2,145,000 | 2,137,000 | 2,132,000 | 2,123,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 9,078,000 | 8,841,000 | 8,611,000 | 8,465,000 | 8,292,000 | 8,164,000 | 8,062,000 | 8,005,000 | 7,773,000 | 7,693,000 | 7,616,000 | 7,539,000 | 7,371,000 | 7,301,000 | 7,217,000 |
| Fixed asset turnover | — | — | — | — | — | 0.32 | 0.32 | 0.32 | 0.31 | 0.31 | 0.30 | 0.30 | 0.30 | 0.30 | 0.29 | 0.29 | 0.28 | 0.29 | 0.29 | 0.29 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $3,440,000K ÷ $—K
= —
The fixed asset turnover ratio for Portland General Electric Co has shown relatively stable performance over the period indicated, starting at 0.29 in March 2020 and gradually increasing to 0.32 by March 2023. This ratio indicates that the company generated $0.29 to $0.32 in revenue for every dollar invested in fixed assets during this period.
The consistent increase in the fixed asset turnover ratio suggests that the company has been utilizing its fixed assets more effectively to generate revenue over time. This can be a positive indication of operational efficiency and effective asset management within the company.
However, it is important to note that the fixed asset turnover ratio has remained stagnant at 0.32 from March 2023 to December 2024 as per the available data. While this could imply that the company has maintained its efficiency in utilizing fixed assets, further analysis would be needed to understand the reasons behind this plateau in the ratio.
Overall, the fixed asset turnover ratio provides insight into how efficiently Portland General Electric Co is generating revenue from its investment in fixed assets, with the trend showing improvement over the period under review.
Peer comparison
Dec 31, 2024