Ameren Corp (AEE)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,182,000 | 1,152,000 | 1,074,000 | 990,000 | 871,000 |
| Total assets | US$ in thousands | 19,230,000 | 40,830,000 | 37,904,000 | 35,735,000 | 32,030,000 |
| ROA | 6.15% | 2.82% | 2.83% | 2.77% | 2.72% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $1,182,000K ÷ $19,230,000K
= 6.15%
Ameren Corp's return on assets (ROA) has shown a positive trend from 2.72% as of December 31, 2020, to 6.15% as of December 31, 2024. This indicates that the company has been effectively utilizing its assets to generate profits over the years. The gradual increase in ROA demonstrates improved efficiency in managing its asset base to generate earnings. However, there was a slight dip in ROA from 2.83% in December 31, 2022, to 2.82% in December 31, 2023, which could suggest a temporary slowdown in asset utilization efficiency during that period. Overall, the significant improvement in ROA by the end of 2024 indicates a positive performance in terms of asset productivity and profitability.
Peer comparison
Dec 31, 2024