Mitie Group annual asset turnover
2022
2023
2024
2025
2026
Mitie Group Asset Turnover Growth & History (MTO)
Mitie Group's asset turnover was 2.41 for fiscal 2026.
View full Mitie Group company overviewMitie Group annual asset turnover history
| Fiscal year | Period ended | Asset turnover | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | 2.41 | −0.10 | −4.07% |
| 2025 | 2025-03-31 | 2.51 | 0.14 | +6.08% |
| 2024 | 2024-03-31 | 2.37 | 0.21 | +9.49% |
| 2023 | 2023-03-31 | 2.16 | −0.10 | −4.43% |
| 2022 | 2022-03-31 | 2.26 | — | — |
Mitie Group asset turnover trends
Between the periods ended 2022-03-31 and 2026-03-31, Mitie Group's asset turnover increased from 2.26 to 2.41, a change of 0.15.
About the metric
What asset turnover means
Asset turnover measures how much revenue a company generates for each unit of assets employed in the business. A higher ratio generally indicates more efficient asset use, although useful comparisons depend heavily on the industry.
Calculation and source
How asset turnover is calculated
TickerStat calculates annual asset turnover as reported revenue divided by average total assets. Quarterly values use trailing-12-month revenue and average assets over the corresponding one-year period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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Mitie’s agreed OCS takeover clears the UK national-security condition
Mitie ($MTO) said the UK national-security condition for its recommended cash takeover by OCS Group International has been satisfied. The Investment Security Unit notified OCS that no further action would be taken under the National Securit ...
