Antero Midstream Partners LP (AM)
Return on assets (ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 400,892 | 371,786 | 326,242 | 331,617 | -122,527 |
Total assets | US$ in thousands | 5,761,750 | 5,737,620 | 5,791,320 | 5,544,000 | 5,610,910 |
ROA | 6.96% | 6.48% | 5.63% | 5.98% | -2.18% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $400,892K ÷ $5,761,750K
= 6.96%
The return on assets (ROA) of Antero Midstream Partners LP has shown a positive trend over the years, increasing from -2.18% as of December 31, 2020, to 6.96% as of December 31, 2024. This indicates that the company has been able to generate a higher return on its assets over time, reflecting improved efficiency in utilizing its assets to generate profits. The consistent improvement in ROA suggests that the company's asset utilization and profitability have been on an upward trajectory, which is a positive sign for investors and stakeholders. Maintaining this trend can contribute to the company's overall financial strength and performance in the future.
Peer comparison
Dec 31, 2024