Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. AeroVironment's Revenue for the
three
months ended in Apr. 2026 was $642 Mil. AeroVironment's Total Assets for the quarter that ended in Apr. 2026 was $5,585 Mil. Therefore, AeroVironment's Asset Turnover for the quarter that ended in Apr. 2026 was 0.12.
Asset Turnover is linked to ROE % through Du Pont Formula. AeroVironment's annualizedROE % for the quarter that ended in Apr. 2026 was 5.83%. It is also linked to ROA % through Du Pont Formula. AeroVironment's annualizedROA % for the quarter that ended in Apr. 2026 was 4.52%.
Note:
The Net Income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 2026) revenue data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.
It is also linked to ROA % through Du Pont Formula:
AeroVironment's annulizedROA % for the quarter that ended in Apr. 2026 is
Note:
The Net Income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 2026) revenue data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.
AeroVironment Asset Turnover Related Terms
AeroVironment Asset Turnover Historical Data
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The historical data trend for AeroVironment's Asset Turnover can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
LTS:0HAL vs HXL, DPC, MRCY: Asset Turnover Comparison
For the Aerospace & Defense subindustry, AeroVironment's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
AeroVironment Asset Turnover vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, AeroVironment's Asset Turnover distribution charts can be found below:
* The bar in red indicates where AeroVironment's Asset Turnover falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.
AeroVironment (LTS:0HAL) has a Asset Turnover of 0.12 as of Apr. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on AeroVironment and its competitors.
Is AeroVironment's Asset Turnover too high?
AeroVironment's current Asset Turnover is 0.12. Overall, AeroVironment has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AeroVironment's Asset Turnover compare to HXL and DPC?
AeroVironment's Asset Turnover of 0.12 can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for an Aerospace & Defense company?
A good Asset Turnover depends on the Aerospace & Defense industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on AeroVironment and its competitors. AeroVironment's current Asset Turnover is 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AeroVironment stock overvalued right now?
Based on GuruFocus' analysis, AeroVironment (LTS:0HAL) is currently considered Possible Value Trap. The stock's GF Value™ is $252.74, compared to a current price of $163.92 — trading 35.1% below its estimated fair value. The current Asset Turnover is 0.12. AeroVironment's overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For AeroVironment (LTS:0HAL), the current Asset Turnover is 0.12 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is AeroVironment (LTS:0HAL) Overvalued in 2026?
Based on GuruFocus' analysis, AeroVironment stock appears to be undervalued.
The current stock price of $163.92 is trading 35.1% below its estimated GF Value™ of $252.74.
GuruFocus considers AeroVironment to be Possible Value Trap.
Key valuation signals for LTS:0HAL:
Asset Turnover: 0.12
GF Value™: $252.74 vs. price of $163.92 (35.1% below fair value)
No single metric tells the full story. See the LTS:0HAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AeroVironment Inc supplies unmanned aircraft systems, tactical missile systems, high-altitude pseudo-satellites, and other related services to government agencies within the United States Department of Defense as well as the United States allied international governments. The systems can help with security, surveillance, or sensing, and provide eyes in the sky without needing an actual person, or driver in the sky. The company is a defense technology provider delivering integrated capabilities across air, land, sea, space, and cyber. It develops and deploy autonomous systems, precision strike systems, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities. Company operates in three segments: UxS, LMS, MW.
81GF Score
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