Alpha Metallurgical Resources Inc (AMR)
Operating return on assets (Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 863,085 | 866,397 | 1,011,708 | 1,442,314 | 1,580,879 | 1,642,118 | 1,479,664 | 828,768 | 359,200 | 46,358 | -102,395 | -167,483 | -170,688 | -363,341 | -340,815 | -206,591 | -169,103 | 75,890 | 125,949 | |
| Total assets | US$ in thousands | 2,406,060 | 2,352,960 | 2,357,830 | 2,349,120 | 2,312,480 | 2,259,850 | 2,216,150 | 2,113,000 | 1,857,710 | 1,675,950 | 1,662,780 | 1,671,640 | 1,680,090 | 1,923,120 | 2,040,240 | 2,291,920 | 2,302,820 | 2,669,890 | 2,779,790 | 2,756,050 |
| Operating ROA | 35.87% | 36.82% | 42.91% | 61.40% | 68.36% | 72.66% | 66.77% | 39.22% | 19.34% | 2.77% | -6.16% | -10.02% | -10.16% | -18.89% | -16.70% | -9.01% | -7.34% | 2.84% | 4.53% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $863,085K ÷ $2,406,060K
= 35.87%
Alpha Metallurgical Resources Inc's operating return on assets (ROA) has shown varying performance over the past eight quarters. The operating ROA decreased from 41.07% in Q1 2022 to 36.89% in Q4 2023, with fluctuations in between. The highest operating ROA was recorded at 73.97% in Q3 2022, indicating strong operational efficiency and profitability at that time.
The trend of decreasing operating ROA from Q1 2022 to Q4 2023 may raise concerns about the company's ability to generate earnings from its assets effectively. It is essential for Alpha Metallurgical Resources Inc to closely monitor and improve its operating ROA to ensure sustainable and profitable operations in the long run. Further analysis and comparison with industry benchmarks can provide more insights into the company's performance and competitiveness in the market.
Peer comparison
Dec 31, 2023