QuinStreet Inc (QNST)
Total asset turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,093,710 | 613,514 | 580,624 | 582,099 | 578,487 |
| Total assets | US$ in thousands | 431,107 | 368,546 | 337,155 | 419,909 | 449,917 |
| Total asset turnover | 2.54 | 1.66 | 1.72 | 1.39 | 1.29 |
June 30, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $1,093,710K ÷ $431,107K
= 2.54
The total asset turnover ratio for QuinStreet Inc. demonstrates a pattern of overall growth over the analyzed period from June 30, 2021, to June 30, 2025. Specifically, the ratio increased from 1.29 in 2021 to 1.39 in 2022, signifying a modest improvement in the efficiency with which the company generates revenue from its assets. This upward trend continues into 2023, with the ratio reaching 1.72, indicating a significant enhancement in asset utilization and operational productivity.
However, a slight decline is observed in 2024, with the ratio decreasing to 1.66, which suggests a marginal reduction in asset efficiency compared to the previous year. Despite this dip, the ratio remains substantially higher than earlier years, reflecting sustained improvement over the initial period.
The most notable change occurs in 2025, where the ratio escalates sharply to 2.54. This marked increase signifies a substantial improvement in the company's ability to generate sales relative to its asset base. The upward trajectory culminating in 2025 indicates that QuinStreet Inc. has significantly enhanced its operational effectiveness and asset management efficiency over the observed timeframe, with the most pronounced growth evident in the last year.
Peer comparison
Jun 30, 2025