Ameren Corp (AEE)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,516,000 | 1,582,000 | 1,610,000 | 1,578,000 | 1,558,000 | 1,616,000 | 1,601,000 | 1,581,000 | 1,561,000 | 1,486,000 | 1,421,000 | 1,398,000 | 1,383,000 | 1,347,000 | 1,307,000 | 1,375,000 | 1,300,000 | 1,268,000 | 1,294,000 | 1,220,000 |
| Total assets | US$ in thousands | 44,598,000 | 43,298,000 | 42,334,000 | 41,306,000 | 40,830,000 | 39,599,000 | 38,947,000 | 38,064,000 | 37,904,000 | 37,657,000 | 37,108,000 | 36,197,000 | 35,735,000 | 34,665,000 | 33,916,000 | 32,789,000 | 32,030,000 | 30,517,000 | 30,016,000 | 29,272,000 |
| Operating ROA | 3.40% | 3.65% | 3.80% | 3.82% | 3.82% | 4.08% | 4.11% | 4.15% | 4.12% | 3.95% | 3.83% | 3.86% | 3.87% | 3.89% | 3.85% | 4.19% | 4.06% | 4.16% | 4.31% | 4.17% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,516,000K ÷ $44,598,000K
= 3.40%
Operating return on assets (ROA) is a key financial ratio that measures a company's operating income generated relative to its total assets. For Ameren Corp, the operating ROA has shown some fluctuations over the period from March 31, 2020, to December 31, 2024.
The operating ROA ranged from a high of 4.31% in June 30, 2020, to a low of 3.40% in December 31, 2024. The ratio started relatively stable between 4% and 4.3% in the initial period but showed a declining trend towards the later dates.
The downward trend in operating ROA from June 30, 2021, to December 31, 2024, indicates potential challenges in generating operating income compared to the total assets employed. This could be a concern for investors and stakeholders as it suggests a decrease in the efficiency of Ameren Corp in utilizing its assets to generate operating profits.
It is essential for Ameren Corp to closely monitor its operating ROA and take necessary actions to improve operational efficiency and profitability in order to enhance shareholder value and ensure sustainable growth in the long term.
Peer comparison
Dec 31, 2024