Ameren Corp (AEE)

Return on assets (ROA)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	1,152,000	1,074,000	990,000	871,000	828,000
Total assets	US$ in thousands	40,830,000	37,904,000	35,735,000	32,030,000	28,933,000
ROA		2.82%	2.83%	2.77%	2.72%	2.86%

December 31, 2023 calculation

ROA = Net income ÷ Total assets
= $1,152,000K ÷ $40,830,000K
= 2.82%

Ameren Corp.'s return on assets (ROA) has been relatively stable over the past five years, ranging from 2.72% to 2.86%. The company's ability to generate profits from its assets has remained consistent, with ROA hovering around the 2.8% mark. This indicates that Ameren Corp. has been effectively utilizing its assets to generate returns for its stakeholders. The minor fluctuations in ROA suggest that the company has been able to maintain a steady performance in this aspect over the years. Overall, Ameren Corp.'s ROA demonstrates a reasonably solid performance in terms of asset efficiency and profitability.