Ameren Corp (AEE)
Return on assets (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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 1,152,000 | 1,157,000 | 1,116,000 | 1,086,000 | 1,074,000 | 1,036,000 | 1,009,000 | 1,009,000 | 990,000 | 980,000 | 922,000 | 958,000 | 871,000 | 851,000 | 848,000 | 784,000 | 829,000 | 803,000 | 796,000 | 856,000 |
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 |
ROA | 2.82% | 2.92% | 2.87% | 2.85% | 2.83% | 2.75% | 2.72% | 2.79% | 2.77% | 2.83% | 2.72% | 2.92% | 2.72% | 2.79% | 2.83% | 2.68% | 2.87% | 2.81% | 2.83% | 3.11% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $1,152,000K ÷ $40,830,000K
= 2.82%
Based on the data provided for Ameren Corp.'s return on assets (ROA) over the past eight quarters, the company has shown relatively stable performance with ROA ranging from 2.72% to 2.92%. The average ROA over this period is approximately 2.82%.
Ameren Corp.'s ability to generate returns from its assets is consistent, as indicated by the minimal fluctuations in ROA throughout the quarters. This indicates that the company is effectively utilizing its assets to generate profits.
Overall, the ROA trend for Ameren Corp. shows a steady and consistent performance, which could be a positive indicator of the company's operational efficiency and financial stability.
Peer comparison
Dec 31, 2023