Schneider National Inc (SNDR)
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 | 5,290,500 | 5,323,100 | 5,359,400 | 5,389,200 | 5,498,900 | 5,688,900 | 6,012,200 | 6,412,600 | 6,604,400 | 6,617,500 | 6,386,700 | 6,000,600 | 5,608,700 | 5,299,100 | 4,990,300 | 4,662,300 | 4,552,800 | 4,443,900 | 4,492,100 | 4,672,000 |
| Total assets | US$ in thousands | 4,933,700 | 4,574,700 | 4,547,900 | 4,578,800 | 4,557,200 | 4,580,300 | 4,453,200 | 4,470,700 | 4,318,200 | 4,305,900 | 4,222,100 | 4,086,600 | 3,937,300 | 3,870,100 | 3,767,800 | 3,613,300 | 3,516,200 | 3,853,600 | 3,777,700 | 3,714,900 |
| Total asset turnover | 1.07 | 1.16 | 1.18 | 1.18 | 1.21 | 1.24 | 1.35 | 1.43 | 1.53 | 1.54 | 1.51 | 1.47 | 1.42 | 1.37 | 1.32 | 1.29 | 1.29 | 1.15 | 1.19 | 1.26 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $5,290,500K ÷ $4,933,700K
= 1.07
The total asset turnover ratio for Schneider National Inc has shown fluctuations over the past few years, ranging from a low of 1.07 to a high of 1.54. The ratio measures the company's ability to generate sales from its assets, with a higher ratio indicating more efficient asset utilization.
From the data provided, we can observe that the total asset turnover ratio has generally trended upwards, peaking at 1.54 on September 30, 2022, before experiencing a slight decline. This suggests that the company has been able to generate more sales relative to its total assets over time.
However, there was a noticeable decrease in the total asset turnover ratio towards the end of the period, dropping to 1.07 on December 31, 2024. This could indicate potential challenges in effectively utilizing assets to generate revenue or could be attributed to changes in the company's business operations or asset base.
Overall, it is essential for Schneider National Inc to monitor and analyze its total asset turnover ratio to ensure efficient management of assets and optimize sales generation in the long term.
Peer comparison
Dec 31, 2024