American States Water Company (AWR)
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 | 184,483 | 196,740 | 126,636 | 140,977 | 130,499 |
| Total assets | US$ in thousands | 2,500,210 | 2,246,120 | 2,034,370 | 1,900,980 | 1,791,600 |
| Operating ROA | 7.38% | 8.76% | 6.22% | 7.42% | 7.28% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $184,483K ÷ $2,500,210K
= 7.38%
American States Water Company's operating return on assets (Operating ROA) has fluctuated over the past five years. In December 2020, the company had an operating ROA of 7.28%, which slightly increased to 7.42% by December 2021. However, there was a decline in operating ROA in December 2022 to 6.22%.
The company's operating ROA saw a significant improvement in December 2023, reaching 8.76%, demonstrating strong operational efficiency and effectiveness in generating income from its assets. By December 2024, the operating ROA declined to 7.38%.
Overall, American States Water Company has shown a mixed performance in terms of operating ROA over the past five years. It is important for investors and stakeholders to closely monitor these ratios to assess the company's profitability and operational performance.
Peer comparison
Dec 31, 2024