Total Asset Turnover
since 2005
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- Cash Flow Statement
- Common-Size Income Statement
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Solvency Ratios
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Enterprise Value to EBITDA (EV/EBITDA)
- Enterprise Value to FCFF (EV/FCFF)
- Capital Asset Pricing Model (CAPM)
- Net Profit Margin since 2005
- Analysis of Revenues
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Calculation
NVIDIA Corp., total asset turnover, long-term trends, calculation
| Total asset turnover | = | Revenue1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|
| Jan 26, 2025 | = | ÷ | |||
| Jan 28, 2024 | = | ÷ | |||
| Jan 29, 2023 | = | ÷ | |||
| Jan 30, 2022 | = | ÷ | |||
| Jan 31, 2021 | = | ÷ | |||
| Jan 26, 2020 | = | ÷ | |||
| Jan 27, 2019 | = | ÷ | |||
| Jan 28, 2018 | = | ÷ | |||
| Jan 29, 2017 | = | ÷ | |||
| Jan 31, 2016 | = | ÷ | |||
| Jan 25, 2015 | = | ÷ | |||
| Jan 26, 2014 | = | ÷ | |||
| Jan 27, 2013 | = | ÷ | |||
| Jan 29, 2012 | = | ÷ | |||
| Jan 30, 2011 | = | ÷ | |||
| Jan 31, 2010 | = | ÷ | |||
| Jan 25, 2009 | = | ÷ | |||
| Jan 27, 2008 | = | ÷ | |||
| Jan 28, 2007 | = | ÷ | |||
| Jan 29, 2006 | = | ÷ | |||
| Jan 30, 2005 | = | ÷ |
Based on: 10-K (reporting date: 2025-01-26), 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-26), 10-K (reporting date: 2019-01-27), 10-K (reporting date: 2018-01-28), 10-K (reporting date: 2017-01-29), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-25), 10-K (reporting date: 2014-01-26), 10-K (reporting date: 2013-01-27), 10-K (reporting date: 2012-01-29), 10-K (reporting date: 2011-01-30), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-01-25), 10-K (reporting date: 2008-01-27), 10-K (reporting date: 2007-01-28), 10-K (reporting date: 2006-01-29), 10-K (reporting date: 2005-01-30).
1 US$ in millions
The financial data reveals significant growth in revenue over the analyzed period. Revenue shows a general upward trajectory, rising from $2,010 million in early 2005 to approximately $130,497 million by early 2025. Notable accelerations in revenue growth occur particularly after 2017, with revenue more than doubling between 2021 and 2025. Despite some fluctuations, such as a dip in 2009 and a moderate decrease around 2020, the long-term trend is strongly positive.
Total assets also display a continuous increase throughout the period, growing from $1,629 million in 2005 to $111,601 million by 2025. The asset base growth is somewhat steady with accelerating expansion especially after 2015. This increase in assets corresponds with the company’s strategic investment and expanding operations over time.
The total asset turnover ratio, calculated as revenue divided by total assets, exhibits a declining trend from 1.23 in 2005 to a low around 0.57-0.65 during the years 2012 to 2016. This decreasing ratio suggests that asset efficiency in generating revenue diminished during this period, possibly due to increased asset bases outpacing revenue growth. However, from 2017 onward, the ratio improves notably again, reaching 1.17 by 2025. This indicates an enhanced ability to generate revenue relative to assets in recent years, coinciding with the sharp revenue increases and possibly more effective utilization of company assets.
Overall, the data indicates robust growth in both revenue and asset size over the two decades. The company experienced a phase of declining asset turnover efficiency in the early 2010s but has since improved substantially, reflecting likely operational efficiencies or higher margin business activities contributing to better asset utilization.
- Revenue (US$ millions)
- Growth from 2,010 in 2005 to 130,497 in 2025, with accelerated gains post-2017.
- Total Assets (US$ millions)
- Increase from 1,629 in 2005 to 111,601 in 2025, with steady growth and acceleration after 2015.
- Total Asset Turnover (ratio)
- Declined from 1.23 in 2005 to lows around 0.57-0.65 during 2012–2016, then improved to 1.17 by 2025.
Comparison to Competitors
NVIDIA Corp., total asset turnover, long-term trends, comparison to competitors
| NVIDIA Corp. | Advanced Micro Devices Inc. | Analog Devices Inc. | Applied Materials Inc. | Broadcom Inc. | Intel Corp. | KLA Corp. | Lam Research Corp. | Micron Technology Inc. | Qualcomm Inc. | Texas Instruments Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jan 26, 2025 | |||||||||||
| Jan 28, 2024 | |||||||||||
| Jan 29, 2023 | |||||||||||
| Jan 30, 2022 | |||||||||||
| Jan 31, 2021 | |||||||||||
| Jan 26, 2020 | |||||||||||
| Jan 27, 2019 | |||||||||||
| Jan 28, 2018 | |||||||||||
| Jan 29, 2017 | |||||||||||
| Jan 31, 2016 | |||||||||||
| Jan 25, 2015 | |||||||||||
| Jan 26, 2014 | |||||||||||
| Jan 27, 2013 | |||||||||||
| Jan 29, 2012 | |||||||||||
| Jan 30, 2011 | |||||||||||
| Jan 31, 2010 | |||||||||||
| Jan 25, 2009 | |||||||||||
| Jan 27, 2008 | |||||||||||
| Jan 28, 2007 | |||||||||||
| Jan 29, 2006 | |||||||||||
| Jan 30, 2005 |
Based on: 10-K (reporting date: 2025-01-26), 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-26), 10-K (reporting date: 2019-01-27), 10-K (reporting date: 2018-01-28), 10-K (reporting date: 2017-01-29), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-25), 10-K (reporting date: 2014-01-26), 10-K (reporting date: 2013-01-27), 10-K (reporting date: 2012-01-29), 10-K (reporting date: 2011-01-30), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-01-25), 10-K (reporting date: 2008-01-27), 10-K (reporting date: 2007-01-28), 10-K (reporting date: 2006-01-29), 10-K (reporting date: 2005-01-30).
Comparison to Sector (Semiconductors & Semiconductor Equipment)
NVIDIA Corp., total asset turnover, long-term trends, comparison to sector (semiconductors & semiconductor equipment)
| NVIDIA Corp. | Semiconductors & Semiconductor Equipment | |
|---|---|---|
| Jan 26, 2025 | ||
| Jan 28, 2024 | ||
| Jan 29, 2023 | ||
| Jan 30, 2022 | ||
| Jan 31, 2021 | ||
| Jan 26, 2020 | ||
| Jan 27, 2019 | ||
| Jan 28, 2018 | ||
| Jan 29, 2017 | ||
| Jan 31, 2016 | ||
| Jan 25, 2015 | ||
| Jan 26, 2014 | ||
| Jan 27, 2013 | ||
| Jan 29, 2012 | ||
| Jan 30, 2011 | ||
| Jan 31, 2010 | ||
| Jan 25, 2009 | ||
| Jan 27, 2008 | ||
| Jan 28, 2007 | ||
| Jan 29, 2006 | ||
| Jan 30, 2005 |
Based on: 10-K (reporting date: 2025-01-26), 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-26), 10-K (reporting date: 2019-01-27), 10-K (reporting date: 2018-01-28), 10-K (reporting date: 2017-01-29), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-25), 10-K (reporting date: 2014-01-26), 10-K (reporting date: 2013-01-27), 10-K (reporting date: 2012-01-29), 10-K (reporting date: 2011-01-30), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-01-25), 10-K (reporting date: 2008-01-27), 10-K (reporting date: 2007-01-28), 10-K (reporting date: 2006-01-29), 10-K (reporting date: 2005-01-30).
Comparison to Industry (Information Technology)
NVIDIA Corp., total asset turnover, long-term trends, comparison to industry (information technology)
| NVIDIA Corp. | Information Technology | |
|---|---|---|
| Jan 26, 2025 | ||
| Jan 28, 2024 | ||
| Jan 29, 2023 | ||
| Jan 30, 2022 | ||
| Jan 31, 2021 | ||
| Jan 26, 2020 | ||
| Jan 27, 2019 | ||
| Jan 28, 2018 | ||
| Jan 29, 2017 | ||
| Jan 31, 2016 | ||
| Jan 25, 2015 | ||
| Jan 26, 2014 | ||
| Jan 27, 2013 | ||
| Jan 29, 2012 | ||
| Jan 30, 2011 | ||
| Jan 31, 2010 | ||
| Jan 25, 2009 | ||
| Jan 27, 2008 | ||
| Jan 28, 2007 | ||
| Jan 29, 2006 | ||
| Jan 30, 2005 |
Based on: 10-K (reporting date: 2025-01-26), 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-26), 10-K (reporting date: 2019-01-27), 10-K (reporting date: 2018-01-28), 10-K (reporting date: 2017-01-29), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-25), 10-K (reporting date: 2014-01-26), 10-K (reporting date: 2013-01-27), 10-K (reporting date: 2012-01-29), 10-K (reporting date: 2011-01-30), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-01-25), 10-K (reporting date: 2008-01-27), 10-K (reporting date: 2007-01-28), 10-K (reporting date: 2006-01-29), 10-K (reporting date: 2005-01-30).