Stock Analysis on Net

Intuitive Surgical Inc. (NASDAQ:ISRG)

$24.99

Total Asset Turnover
since 2005

Microsoft Excel

Paying user area

The data is hidden behind: . Unhide it.

This is a one-time payment. There is no automatic renewal.


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Calculation

Intuitive Surgical Inc., total asset turnover, long-term trends, calculation

Microsoft Excel

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

1 US$ in thousands


Revenue Trends
Revenue shows a consistent upward trend over the period analyzed, increasing from $227 million in 2005 to $8.35 billion in 2024. The growth appears steady with a few periods of acceleration notably between 2006-2009 and 2013-2019. There is a slight dip from 2019 ($4.48 billion) to 2020 ($4.36 billion), potentially reflecting external market or economic factors. However, revenue rebounds strongly thereafter, continuing its upward trajectory through 2024.
Total Assets Trends
Total assets demonstrate significant growth overall, rising from approximately $502 million in 2005 to $18.74 billion in 2024. This increase is marked by several periods of rapid expansion, especially between 2009-2012 and 2016-2021. Some fluctuations are observed, such as a decrease from 2012 ($4.06 billion) to 2013 ($3.95 billion), and from 2021 ($13.55 billion) to 2022 ($12.97 billion), followed by subsequent recoveries. The general pattern indicates substantial asset accumulation, likely supporting the revenue growth.
Total Asset Turnover Ratios
The total asset turnover ratio displays variability over time without a clear, consistent upward or downward trend. Early in the period (2005-2008), the ratio increases from 0.45 to 0.59, indicating improving efficiency in asset utilization. Following this peak, the ratio declines notably in the 2010-2016 timeframe, reaching a low of 0.39 in 2020. After 2020, there is a moderate recovery in asset turnover, stabilizing around 0.45-0.48 by 2024. This pattern suggests fluctuating effectiveness in leveraging assets to generate revenue, with decreased efficiency during some growth periods.
Overall Insights
The data indicates strong and sustained revenue growth over the analyzed period, accompanied by significant growth in total assets. The increase in assets suggests ongoing investment and expansion initiatives. However, the fluctuating asset turnover ratios imply that the company’s ability to convert assets into revenue has varied, with periods of declining efficiency especially notable during rapid asset growth phases. The recent stabilization in asset turnover ratios may indicate improved operational management or optimization of asset use relative to revenue generation in the later years.

Comparison to Competitors

Intuitive Surgical Inc., total asset turnover, long-term trends, comparison to competitors

Microsoft Excel

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


Comparison to Sector (Health Care Equipment & Services)

Intuitive Surgical Inc., total asset turnover, long-term trends, comparison to sector (health care equipment & services)

Microsoft Excel

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


Comparison to Industry (Health Care)