Stock Analysis on Net

Intel Corp. (NASDAQ:INTC)

$24.99

Total Asset Turnover
since 2005

Microsoft Excel

Calculation

Intel Corp., total asset turnover, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2025-12-27), 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-25), 10-K (reporting date: 2009-12-26), 10-K (reporting date: 2008-12-27), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).

1 US$ in millions


The total asset turnover ratio for the period examined demonstrates a generally declining trend over the eighteen-year span. Initially, the ratio fluctuated around 0.80 in 2005 and 2006, before beginning a consistent descent. While some minor recoveries occurred in certain years, the overall trajectory points towards decreasing efficiency in asset utilization.

Initial Period (2005-2007)
The ratio began at 0.80 in 2005, decreased to 0.73 in 2006, and continued to decline to 0.69 by 2007. This initial period indicates a slight reduction in the ability to generate revenue from its asset base.
Fluctuating Period (2008-2011)
From 2008 to 2011, the ratio exhibited some volatility. It increased slightly to 0.74 in 2008, then decreased to 0.66 in 2009, followed by a recovery to 0.69 in 2010, and a further increase to 0.76 in 2011. This suggests periods of adjustment and potentially varying economic conditions impacting sales relative to assets.
Continued Decline (2012-2017)
The period from 2012 through 2017 saw a consistent downward trend. The ratio decreased from 0.63 in 2012 to 0.51 in 2017. This represents a significant erosion in asset utilization efficiency. The ratio fell below 0.55 in 2014 and remained at or below that level for the remainder of this period.
Recent Years (2018-2025)
The decline continued, albeit at a slower pace, from 2018 to 2025. The ratio decreased from 0.55 in 2018 to 0.25 in 2025. The most substantial drop occurred between 2022 and 2025, falling from 0.35 to 0.25. This indicates a substantial decrease in revenue generated per dollar of assets, potentially signaling issues with sales, asset management, or both.

Overall, the trend suggests a growing inefficiency in how assets are employed to generate revenue. The ratio’s decline from approximately 0.80 in 2005 to 0.25 in 2025 warrants further investigation into the underlying causes, such as changes in industry dynamics, company strategy, or asset allocation.


Comparison to Competitors

Intel Corp., total asset turnover, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2025-12-27), 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-25), 10-K (reporting date: 2009-12-26), 10-K (reporting date: 2008-12-27), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).


Comparison to Sector (Semiconductors & Semiconductor Equipment)

Intel Corp., total asset turnover, long-term trends, comparison to sector (semiconductors & semiconductor equipment)

Microsoft Excel

Based on: 10-K (reporting date: 2025-12-27), 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-25), 10-K (reporting date: 2009-12-26), 10-K (reporting date: 2008-12-27), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).


Comparison to Industry (Information Technology)