AT&T Inc (T)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 122,336,000 | 122,428,000 | 120,741,000 | 134,038,000 | 143,050,000 |
| Total assets | US$ in thousands | 394,795,000 | 407,060,000 | 402,853,000 | 551,622,000 | 525,761,000 |
| Total asset turnover | 0.31 | 0.30 | 0.30 | 0.24 | 0.27 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $122,336,000K ÷ $394,795,000K
= 0.31
The total asset turnover ratio for AT&T Inc has shown some fluctuation over the years. The ratio decreased from 0.27 in December 31, 2020 to 0.24 in December 31, 2021, indicating a decline in the company's ability to generate sales from its total assets. However, there was an improvement in the ratio in the following years, reaching 0.30 in December 31, 2022 and maintaining this level through December 31, 2023. By December 31, 2024, the total asset turnover ratio further increased to 0.31, suggesting that the company was able to efficiently utilize its assets to generate sales revenue. Overall, the trend in total asset turnover ratio demonstrates variations in AT&T's asset utilization efficiency over the years.
Peer comparison
Dec 31, 2024