United Therapeutics Corporation (UTHR)

Total asset turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 2,877,400 2,327,500 1,936,300 1,685,500 1,483,300
Total assets US$ in thousands 7,364,000 7,167,000 6,044,500 5,169,100 4,615,000
Total asset turnover 0.39 0.32 0.32 0.33 0.32

December 31, 2024 calculation

Total asset turnover = Revenue ÷ Total assets
= $2,877,400K ÷ $7,364,000K
= 0.39

The total asset turnover ratio for United Therapeutics Corporation has shown a slight increase over the years, from 0.32 in December 31, 2020, to 0.39 in December 31, 2024. This indicates that the company generated more revenue for each dollar of assets during this period. However, it is important to note that the ratio has fluctuated slightly over the years, indicating potential variations in the efficiency of asset utilization. Overall, the increasing trend in total asset turnover suggests improved efficiency in generating sales relative to the company's total assets.