Antero Midstream Partners LP (AM)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 659,166 | 611,862 | 539,466 | 555,327 | -117,638 |
| Total assets | US$ in thousands | 5,761,750 | 5,737,620 | 5,791,320 | 5,544,000 | 5,610,910 |
| Operating ROA | 11.44% | 10.66% | 9.32% | 10.02% | -2.10% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $659,166K ÷ $5,761,750K
= 11.44%
The operating return on assets (ROA) for Antero Midstream Partners LP has shown a significant improvement over the analyzed period. Starting at a negative figure of -2.10% on December 31, 2020, the company managed to turn around its operational efficiency to achieve positive operating ROA figures of 10.02% on December 31, 2021, 9.32% on December 31, 2022, 10.66% on December 31, 2023, and finally 11.44% on December 31, 2024.
This upward trend in operating ROA indicates that the company has been able to generate higher operating income relative to its total assets, reflecting improved operational efficiency and effectiveness in generating profits. Antero Midstream Partners LP's ability to continuously enhance its operating ROA suggests a positive trajectory in utilizing its assets to generate operating earnings, which could potentially lead to increased shareholder value and overall financial strength in the future.
Peer comparison
Dec 31, 2024