Equitrans Midstream Corporation (NYSE: ETRN )
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 32 more businesses have achieved higher asset turnover ratio. While Asset turnover ratio total ranking has improved so far during the II Quarter 2024, to
2309, from total ranking in the first quarter 2024 at
2529 .
Asset Turnover Ratio Definition
Select the Comparisons :
Select the Ratio:
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
# 2309
# 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
8.83
4.29
-25.52
(Jun 30 2020)
(Dec 31 2018)
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 Alternus Clean Energy Inc 0.31 $ 34.644 Millions $ 110.846 Millions Nisource Inc 0.31 $ 9,018.700 Millions $ 29,535.275 Millions Unitil Corporation 0.30 $ 507.900 Millions $ 1,670.875 Millions Dpl Llc 0.29 $ 854.500 Millions $ 2,920.825 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 Kodiak Gas Services Inc 0.28 $ 982.108 Millions $ 3,561.014 Millions Puget Energy Inc 0.27 $ 4,860.144 Millions $ 17,717.185 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 $ 6,626.622 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 Spire Inc 0.25 $ 2,609.600 Millions $ 10,512.375 Millions Enbridge Inc 0.25 $ 34,973.396 Millions $ 141,326.751 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 $ 52,807.000 Millions National Fuel Gas Company 0.23 $ 1,941.689 Millions $ 8,506.454 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 New Fortress Energy Inc 0.22 $ 2,368.456 Millions $ 10,646.589 Millions