Ameren Corp (AEE)

Operating return on assets (Operating ROA)

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Operating income (ttm)	US$ in thousands	1,558,000	1,570,000	1,555,000	1,535,000	1,515,000	1,436,000	1,371,000	1,348,000	1,333,000	1,347,000	1,307,000	1,375,000	1,300,000	1,268,000	1,294,000	1,220,000	1,267,000	1,254,000	1,267,000	1,372,000
Total assets	US$ in thousands	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	28,933,000	28,546,000	28,103,000	27,509,000
Operating ROA		3.82%	3.96%	3.99%	4.03%	4.00%	3.81%	3.69%	3.72%	3.73%	3.89%	3.85%	4.19%	4.06%	4.16%	4.31%	4.17%	4.38%	4.39%	4.51%	4.99%

December 31, 2023 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $1,558,000K ÷ $40,830,000K
= 3.82%

Ameren Corp.'s operating return on assets (operating ROA) has shown relative stability over the past eight quarters, ranging from a low of 3.69% in Q2 2022 to a high of 4.03% in Q1 2023. The trend indicates that the company has been able to generate consistent operating income in proportion to its total assets.

The operating ROA performance is generally healthy, with figures consistently above 3.5% for the past two years. This suggests that Ameren Corp. is effectively utilizing its assets to generate operating profits.

Although there has been some fluctuation in the operating ROA, the overall trend demonstrates a solid operational efficiency in managing the company's assets to generate earnings. It is important for investors and stakeholders to monitor this metric in conjunction with other financial ratios to gain a comprehensive understanding of Ameren Corp.'s financial performance.