Paramount Skydance Corporation Class B Common Stock (PSKY)

Total asset turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 29,213,000 29,652,000 30,154,000 28,586,000 25,285,000
Total assets US$ in thousands 46,172,000 53,543,000 58,393,000 58,620,000 52,663,000
Total asset turnover 0.63 0.55 0.52 0.49 0.48

December 31, 2024 calculation

Total asset turnover = Revenue ÷ Total assets
= $29,213,000K ÷ $46,172,000K
= 0.63

The total asset turnover ratio for Paramount Skydance Corporation Class B Common Stock has demonstrated a consistent upward trend over the analyzed period. Specifically, the ratio increased from 0.48 as of December 31, 2020, to 0.49 as of December 31, 2021. This modest improvement suggests a slight enhancement in the company's efficiency in generating sales from its assets during that interval. From December 31, 2021, to December 31, 2022, the ratio grew further to 0.52, indicating continued gains in asset utilization. The upward trajectory persisted into 2023, reaching 0.55, reflecting ongoing improvements in operational efficiency. The most recent figure for December 31, 2024, exhibits a more significant increase to 0.63, underscoring a notable advancement in asset utilization over the past year. Overall, these trends suggest that the company has progressively optimized its use of assets to generate sales, leading to higher efficiency ratios across the observed period.


Peer comparison

Dec 31, 2024

Company name
Symbol
Total asset turnover
Paramount Skydance Corporation Class B Common Stock
PSKY
0.63
Fox Corp Class A
FOXA
0.70
Fox Corp Class B
FOX
0.70
Nexstar Broadcasting Group Inc
NXST
0.47
Tegna Inc
TGNA
0.42