Calculation
Total asset turnover | = | Revenue1 | ÷ | Total assets1 | |
---|---|---|---|---|---|
Jan 31, 2025 | 0.45 | = | 3,953,624) | ÷ | 8,701,578) |
Jan 31, 2024 | 0.46 | = | 3,055,555) | ÷ | 6,646,520) |
Jan 31, 2023 | 0.45 | = | 2,241,236) | ÷ | 5,026,540) |
Jan 31, 2022 | 0.40 | = | 1,451,594) | ÷ | 3,618,381) |
Jan 31, 2021 | 0.32 | = | 874,438) | ÷ | 2,732,533) |
Jan 31, 2020 | 0.34 | = | 481,413) | ÷ | 1,404,906) |
Based on: 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31).
1 US$ in thousands
The financial data reveals a consistent expansion in the company’s revenue over the six-year period examined. Revenue more than octupled from approximately $481 million in 2020 to nearly $3.95 billion in 2025, showing strong year-over-year growth. This indicates successful business development and increasing market demand.
Total assets also increased significantly, approximately sixfold from roughly $1.4 billion in 2020 to over $8.7 billion in 2025. This growth in assets supports the company’s expanding operations and suggests considerable investment in resources over time.
Total asset turnover, which measures efficiency in using assets to generate revenue, displays a generally positive trend. It declined slightly from 0.34 in 2020 to 0.32 in 2021, but then improved steadily, reaching a peak of 0.46 in 2024 before a slight decrease to 0.45 in 2025. Overall, this improvement in asset turnover ratio suggests enhanced operational efficiency as the company grew.
- Revenue
- Strong and continuous growth, increasing more than eightfold from 2020 to 2025, reflecting successful market expansion and sales performance.
- Total assets
- Substantial asset growth, approximately sixfold over the period, demonstrating intensive investment to support business growth.
- Total asset turnover
- Initial slight decrease followed by consistent improvement, indicating increasing efficiency in asset utilization, peaking in 2024.
Comparison to Competitors
CrowdStrike Holdings Inc. | Accenture PLC | Adobe Inc. | Cadence Design Systems Inc. | Fair Isaac Corp. | International Business Machines Corp. | Intuit Inc. | Microsoft Corp. | Oracle Corp. | Palantir Technologies Inc. | Palo Alto Networks Inc. | Salesforce Inc. | ServiceNow Inc. | Synopsys Inc. | Workday Inc. | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jan 31, 2025 | 0.45 | — | — | — | — | — | — | — | 0.34 | — | — | 0.37 | — | — | 0.47 |
Jan 31, 2024 | 0.46 | 1.16 | 0.71 | 0.52 | 1.00 | 0.46 | 0.51 | 0.48 | 0.38 | 0.45 | 0.40 | 0.35 | 0.54 | 0.47 | 0.44 |
Jan 31, 2023 | 0.45 | 1.25 | 0.65 | 0.72 | 0.96 | 0.46 | 0.52 | 0.51 | 0.37 | 0.49 | 0.48 | 0.32 | 0.52 | 0.57 | 0.46 |
Jan 31, 2022 | 0.40 | 1.30 | 0.65 | 0.69 | 0.96 | 0.48 | 0.46 | 0.54 | 0.39 | 0.55 | 0.45 | 0.28 | 0.54 | 0.54 | 0.49 |
Jan 31, 2021 | 0.32 | 1.17 | 0.58 | 0.68 | 0.84 | 0.43 | 0.62 | 0.50 | 0.31 | 0.47 | 0.42 | 0.32 | 0.55 | 0.48 | 0.50 |
Jan 31, 2020 | 0.34 | 1.20 | 0.53 | 0.68 | 0.81 | 0.47 | 0.70 | 0.47 | 0.34 | 0.41 | 0.38 | 0.31 | 0.52 | 0.46 | 0.53 |
Based on: 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31).
Comparison to Sector (Software & Services)
CrowdStrike Holdings Inc., total asset turnover, long-term trends, comparison to sector (software & services)
CrowdStrike Holdings Inc. | Software & Services | |
---|---|---|
Jan 31, 2025 | 0.45 | — |
Jan 31, 2024 | 0.46 | 0.49 |
Jan 31, 2023 | 0.45 | 0.51 |
Jan 31, 2022 | 0.40 | 0.53 |
Jan 31, 2021 | 0.32 | 0.49 |
Jan 31, 2020 | 0.34 | 0.48 |
Based on: 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31).
Comparison to Industry (Information Technology)
CrowdStrike Holdings Inc., total asset turnover, long-term trends, comparison to industry (information technology)
CrowdStrike Holdings Inc. | Information Technology | |
---|---|---|
Jan 31, 2025 | 0.45 | — |
Jan 31, 2024 | 0.46 | 0.58 |
Jan 31, 2023 | 0.45 | 0.61 |
Jan 31, 2022 | 0.40 | 0.65 |
Jan 31, 2021 | 0.32 | 0.62 |
Jan 31, 2020 | 0.34 | 0.58 |
Based on: 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31).