Sempra Energy (SRE)
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 | 13,185,000 | 12,918,000 | 13,476,000 | 13,800,000 | 16,720,000 | 16,684,000 | 16,967,000 | 17,179,000 | 14,439,000 | 14,828,000 | 14,224,000 | 13,418,000 | 12,857,000 | 12,184,000 | 11,815,000 | 11,600,000 | 11,370,000 | 11,142,000 | 11,256,000 | 10,960,000 |
| Property, plant and equipment | US$ in thousands | 79,082,000 | 59,275,000 | 57,684,000 | 56,318,000 | 71,156,000 | 53,172,000 | 51,478,000 | 49,805,000 | 47,782,000 | 46,439,000 | 45,402,000 | 44,602,000 | 43,894,000 | 42,758,000 | 41,916,000 | 40,981,000 | 40,003,000 | 38,784,000 | 37,945,000 | 37,067,000 |
| Fixed asset turnover | 0.17 | 0.22 | 0.23 | 0.25 | 0.23 | 0.31 | 0.33 | 0.34 | 0.30 | 0.32 | 0.31 | 0.30 | 0.29 | 0.28 | 0.28 | 0.28 | 0.28 | 0.29 | 0.30 | 0.30 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $13,185,000K ÷ $79,082,000K
= 0.17
Sempra Energy's fixed asset turnover ratio has shown fluctuations over the past few years. The ratio ranged between 0.17 and 0.34 during the period from December 31, 2022, to December 31, 2024. The ratio peaked at 0.34 on March 31, 2023, indicating that the company generated $0.34 in revenue for every dollar invested in fixed assets at that time.
However, there was a significant decline in the fixed asset turnover to 0.17 by December 31, 2024, suggesting that the company's efficiency in generating revenue from fixed assets decreased. This may indicate potential issues with asset utilization or a decrease in the company's sales relative to its fixed asset base during that period.
Further analysis would be needed to identify the reasons behind these fluctuations in the fixed asset turnover ratio and to assess the impact on the company's overall operational efficiency and financial performance.
Peer comparison
Dec 31, 2024