TechTarget, Inc. Common Stock (TTGT)
Total asset turnover
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 325,160 | 272,909 | 226,314 | 224,970 | 224,485 | 229,963 | 245,706 | 265,990 | 286,437 | 297,488 | 301,449 | 293,788 | 278,623 | 263,427 | 232,352 | 198,845 | 169,930 | 148,377 | 138,346 | 135,911 |
| Total assets | US$ in thousands | 1,506,120 | 2,266,490 | 732,970 | 717,148 | 706,157 | 699,888 | 687,600 | 730,617 | 746,802 | 764,717 | 779 | 799,711 | 799,164 | 789,000 | 509,354 | 482,218 | 464,372 | 456,568 | 231,207 | 223,260 |
| Total asset turnover | 0.22 | 0.12 | 0.31 | 0.31 | 0.32 | 0.33 | 0.36 | 0.36 | 0.38 | 0.39 | 386.97 | 0.37 | 0.35 | 0.33 | 0.46 | 0.41 | 0.37 | 0.32 | 0.60 | 0.61 |
June 30, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $325,160K ÷ $1,506,120K
= 0.22
The total asset turnover for TechTarget, Inc. exhibits notable fluctuations over the analyzed period. From June 30, 2020, through September 30, 2021, the ratio remains relatively stable, ranging approximately between 0.60 and 0.46, indicating consistent efficiency in utilizing its assets to generate revenue within this timeframe.
Beginning in December 2021, the ratio declines to around 0.33–0.35, reflecting a decrease in asset utilization efficiency. This downtrend continues with minor fluctuations through March 2023, where the ratio stabilizes near 0.36–0.38. During this period, the ratio indicates that the firm’s asset productivity remains modest but relatively steady.
A significant anomaly appears on September 30, 2022, where the reported ratio surges dramatically to 386.97. This spike likely results from a data entry error, a one-time event, or an accounting adjustment rather than a genuine change in operational efficiency. Such an outlier warrants cautious interpretation and further investigation.
Between late 2023 and mid-2025, the ratio remains relatively low, declining to approximately 0.12 in March 2025 before slightly increasing to around 0.22 by June 2025. The overall downward trend over the longer term suggests that the company's efficiency in asset utilization has diminished, or there has been an increase in asset base without a proportional increase in revenue.
Overall, the data indicates that TechTarget's total asset turnover has experienced periods of stability interrupted by fluctuations and a pronounced anomaly. The long-term trend points to decreased efficiency in asset utilization, which could be attributed to strategic shifts, asset base changes, or operational factors. Further qualitative analysis would be required to understand underlying causes behind these movements comprehensively.
Peer comparison
Jun 30, 2025