Atlas Energy Solutions Inc. (AESI)

Return on assets (ROA)

		Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023
Net income (ttm)	US$ in thousands	81,279	106,801
Total assets	US$ in thousands	1,973,490	1,982,330	1,941,680	1,261,690	1,239,270
ROA		4.12%	5.39%

September 30, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $81,279K ÷ $1,973,490K
= 4.12%

The return on assets (ROA) for Atlas Energy Solutions Inc. has shown a decrease from 5.39% in Jun 30, 2024, to 4.12% in Sep 30, 2024. This indicates that the company's ability to generate profit from its assets has slightly declined over this period.

It is important for the company to assess the reasons behind this decrease in ROA, as it could be due to a decrease in profitability, an increase in total assets, or a combination of both factors. Management should focus on improving profitability and efficiently utilizing assets to enhance the ROA metric in the future.