TRI Pointe Homes Inc (TPH)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 4,422,670 | 3,715,200 | 4,348,530 | 3,982,240 | 3,260,450 |
| Total assets | US$ in thousands | 4,891,120 | 4,914,590 | 4,719,940 | 4,336,220 | 4,021,980 |
| Total asset turnover | 0.90 | 0.76 | 0.92 | 0.92 | 0.81 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $4,422,670K ÷ $4,891,120K
= 0.90
Tri Pointe Homes Inc's total asset turnover has shown some fluctuations over the past five years. From a low of 0.76 in December 31, 2023, it increased to 0.92 in December 31, 2021 and maintained the same level in December 31, 2022 and December 31, 2024. This indicates that the company generated $0.92 in revenue for every $1 of assets during those years. However, in December 31, 2020, the total asset turnover was lower at 0.81, suggesting that the company was less efficient in generating revenue from its assets that year. Overall, the trend in total asset turnover suggests that Tri Pointe Homes Inc has been relatively effective in utilizing its assets to generate revenue, with some variability in efficiency over the years.
Peer comparison
Dec 31, 2024