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Equitrans Midstream Corporation (NYSE: ETRN) |
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Equitrans Midstream Asset Turnover Ratio
Quarterly Results, Trends, Rankings, Statistics
Equitrans Midstream's asset turnover ratio has remained unchanged compare to previous quarter at 0.12 in the second quarter (Jun 30 2024)
Within sector 37 more businesses have achieved higher asset turnover ratio. While ranking the asset turnover ratio, among all other companies, it is fair to say, that the company's position has deteriorated in the Second Quarter 2024 compared to the preceding quarter from 2529 to 3104.
Asset Turnover Ratio Definition
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Select the Comparisons :
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Select the Ratio:
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| ETRN Asset Turnover Ratio |
(Jun 30 2024)
II. Quarter |
(Mar 31 2024)
I. Quarter |
(Dec 31 2023)
IV. Quarter |
(Sep 30 2023)
III. Quarter |
(Jun 30 2023)
II. Quarter |
| Y / Y Asset Change |
12.99 % |
13.94 % |
12.08 % |
6.23 % |
-2.12 % |
| Y / Y Revenue Change |
13.54 % |
-3.21 % |
1.51 % |
2.04 % |
-3.09 % |
| Asset Turnover Ratio (TTM) |
0.12 |
0.12 |
0.13 |
0.13 |
0.13 |
| ETRN's Total Ranking |
# 3104 |
# 2529 |
# 2452 |
# 430 |
# 1048 |
| Seq. Asset Change |
2.3 % |
1.19 % |
6.12 % |
2.85 % |
3.16 % |
| Seq. Revenue Change |
-0.74 % |
1.02 % |
6.53 % |
6.29 % |
-15.38 % |
| Asset Turnover Ratio Statistics |
| High |
Average |
Low |
| 0.14 |
0.11 |
-0.04 |
| (Dec 31 2019) |
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(Sep 30 2019) |
| Companies with similar Asset Turnover Ratio for the quarter ending Jun 30 2024, within Utilities Sector | Asset Turnover Ratio | Revenues for 12 Months ending Jun 30 2024 | Assets at quarter ending Jun 30 2024 | | Mplx Lp | 0.32 | $ 11,776.000 Millions | $ 36,878.000 Millions | | Excelerate Energy Inc | 0.31 | $ 898.981 Millions | $ 2,872.382 Millions | | Unitil Corporation | 0.30 | $ 507.900 Millions | $ 1,670.875 Millions | | Portland General Electric Company | 0.29 | $ 3,214.000 Millions | $ 11,245.250 Millions | | Western Midstream Partners Lp | 0.28 | $ 3,427.579 Millions | $ 12,136.033 Millions | | Dte Energy Co | 0.27 | $ 12,397.000 Millions | $ 45,549.500 Millions | | Rgc Resources Inc | 0.27 | $ 84.004 Millions | $ 311.487 Millions | | One Gas Inc | 0.27 | $ 2,054.190 Millions | $ 7,698.137 Millions | | Firstenergy Corp | 0.27 | $ 13,200.000 Millions | $ 49,639.500 Millions | | New Jersey Resources Corporation | 0.26 | $ 1,732.084 Millions | $ 6,679.511 Millions | | Wisconsin Electric Power Company | 0.25 | $ 3,993.600 Millions | $ 15,855.975 Millions | | Avista Corporation | 0.25 | $ 1,908.474 Millions | $ 7,626.315 Millions | | American States Water Co | 0.25 | $ 567.455 Millions | $ 2,273.142 Millions | | Mge Energy Inc | 0.25 | $ 662.229 Millions | $ 2,666.177 Millions | | Ipalco Enterprises Inc | 0.24 | $ 1,567.619 Millions | $ 6,450.608 Millions | | Northwest Natural Holding Company | 0.24 | $ 1,142.377 Millions | $ 4,800.911 Millions | | Chesapeake Utilities Corp | 0.24 | $ 728.898 Millions | $ 3,064.522 Millions | | Allete Inc | 0.23 | $ 1,539.300 Millions | $ 6,641.775 Millions | | Tennessee Valley Authority | 0.23 | $ 12,180.000 Millions | $ 53,033.000 Millions | | Enbridge Inc | 0.23 | $ 34,973.396 Millions | $ 152,975.797 Millions | | Exelon Corporation | 0.22 | $ 22,750.000 Millions | $ 101,415.750 Millions | | Consolidated Edison Inc | 0.22 | $ 14,816.000 Millions | $ 66,334.000 Millions | | Wisconsin Public Service Corporation | 0.22 | $ 1,573.100 Millions | $ 7,053.475 Millions | | Kinder Morgan Inc | 0.22 | $ 15,359.000 Millions | $ 70,330.000 Millions | | Black Hills Corporation | 0.22 | $ 2,127.858 Millions | $ 9,853.982 Millions | | Idacorp Inc | 0.22 | $ 1,822.834 Millions | $ 8,448.499 Millions | | Oge Energy Corp | 0.21 | $ 2,771.500 Millions | $ 12,915.925 Millions | | Centerpoint Energy Inc | 0.21 | $ 8,567.000 Millions | $ 39,972.750 Millions | | New Fortress Energy Inc | 0.21 | $ 2,194.134 Millions | $ 10,305.087 Millions | | Ppl Corporation | 0.21 | $ 8,051.000 Millions | $ 39,098.750 Millions |
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