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KBR (KBR) Asset Turnover

: 0.30 (As of Dec. 2023)
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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. KBR's Revenue for the three months ended in Dec. 2023 was $1,730 Mil. KBR's Total Assets for the quarter that ended in Dec. 2023 was $5,769 Mil. Therefore, KBR's Asset Turnover for the quarter that ended in Dec. 2023 was 0.30.

Asset Turnover is linked to ROE % through Du Pont Formula. KBR's annualized ROE % for the quarter that ended in Dec. 2023 was 5.72%. It is also linked to ROA % through Du Pont Formula. KBR's annualized ROA % for the quarter that ended in Dec. 2023 was 1.46%.


KBR Asset Turnover Historical Data

The historical data trend for KBR'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.

* Premium members only.

KBR Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.08 1.04 1.23 1.12 1.25

KBR Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Asset Turnover Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.30 0.30 0.29 0.29 0.30

Competitive Comparison

For the Engineering & Construction subindustry, KBR'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.


KBR Asset Turnover Distribution

For the Construction industry and Industrials sector, KBR's Asset Turnover distribution charts can be found below:

* The bar in red indicates where KBR's Asset Turnover falls into.



KBR Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

KBR's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=6956/( (5566+5565)/ 2 )
=6956/5565.5
=1.25

KBR's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=1730/( (5973+5565)/ 2 )
=1730/5769
=0.30

* 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.


KBR  (NYSE:KBR) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

KBR's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=84/1468.5
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(84 / 6920)*(6920 / 5769)*(5769/ 1468.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.21 %*1.1995*3.9285
=ROA %*Equity Multiplier
=1.46 %*3.9285
=5.72 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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:

KBR's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=84/5769
=(Net Income / Revenue)*(Revenue / Total Assets)
=(84 / 6920)*(6920 / 5769)
=Net Margin %*Asset Turnover
=1.21 %*1.1995
=1.46 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


KBR Asset Turnover Related Terms

Thank you for viewing the detailed overview of KBR's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


KBR (KBR) Business Description

Traded in Other Exchanges
Address
601 Jefferson Street, Suite 3400, Houston, TX, USA, 77002
KBR (formerly Kellogg, Brown & Root) is global provider of technology, integrated engineering, procurement, and construction delivery, and operations and maintenance services. The company's business is organized into two segments: government solutions and sustainable technology solutions. KBR has customers in more than 75 countries, with operations in 40, and employs 36,000 people. The firm generated $6.6 billion in revenue in 2022.
Executives
Mark W Sopp officer: EVP & Chief Financial Officer 601 JEFFERSON STREET, SUITE 3400, HOUSTON TX 77002
Sonia Galindo officer: EVP, Gen. Counsel & Corp. Sec. C/O ROSETTA STONE, 1621 NORTH KENT STREET, SUITE 1200, ARLINGTON VA 22209
Bright William Byron Jr. officer: President Gov't Solutions US 601 JEFFERSON STREET, HOUSTON TX 77002
Paul Emmanuel Kahn officer: President Gov't Solutions Intl 601 JEFFERSON STREET, HOUSTON TX 77002
Jennifer Myles officer: EVP, Chief People Officer 601 JEFFERSON STREET, HOUSTON TX 77002
Stuart Bradie director, officer: President and CEO 601 JEFFERSON ST, HOUSTON TX 77002
Shad E. Evans officer: SVP of Finance Ops and CAO 601 JEFFERSON STREET, HOUSTON TX 77002
Manzoni John Alexander Kcb director 601 JEFFERSON STREET, HOUSTON TX 77002
Vincent R. Stewart director C/O AMERICAN PUBLIC EDUCATION, INC., 111 WEST CONGRESS STREET, CHARLES TOWN WV 25414
Carlos A. Sabater director 1140 ALFONSO AVENUE, CORAL GABLES FL 33146
Lynn A Dugle director 4803 STONECROFT BOULEVARD, CHANTILLY VA 20151
Lester L Lyles director C/O MTC TECHNOLOGIES INC, 4032 LINDEN AVENUE, DAYTON OH 45432
Douglas Nick Kelly officer: President-Technology Solutions 601 JEFFERSON STREET, SUITE 3400, HOUSTON TX 77002
Gregory Sean Conlon officer: President E&C APAC 601 JEFFERSON STREET, HOUSTON TX 77002
Ann Darlene Pickard director 601 JEFFERSON STREET, HOUSTON TX 77002