Portland General Electric Co (POR)

Total 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
Total assets US$ in thousands 12,544,000 11,881,000 11,582,000 11,588,000 11,208,000 10,603,000 10,370,000 10,151,000 10,459,000 9,849,000 9,783,000 9,723,000 9,494,000 9,542,000 9,099,000 9,069,000 9,069,000 8,869,000 8,805,000 8,470,000
Total asset turnover 0.27 0.27 0.27 0.26 0.26 0.27 0.27 0.27 0.25 0.26 0.25 0.25 0.25 0.25 0.25 0.24 0.24 0.24 0.24 0.25

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $3,440,000K ÷ $12,544,000K
= 0.27

The total asset turnover of Portland General Electric Co has shown stability over the analyzed periods, ranging from 0.24 to 0.27. This ratio indicates how efficiently the company is generating revenue from its total assets. A total asset turnover below 1 suggests that the company is not efficiently using its assets to generate sales. Portland General Electric Co's consistent ratio around 0.25 to 0.27 implies that the company is maintaining a steady balance between its asset base and revenue generation. Monitoring any significant deviations from this range over time could provide insights into changes in the company's operational efficiency and business performance.