American States Water Company (AWR)
Return on assets (ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 119,268 | 111,261 | 106,992 | 113,649 | 124,921 | 123,122 | 117,211 | 98,641 | 78,396 | 80,117 | 82,616 | 89,241 | 94,347 | 94,208 | 92,585 | 91,621 | 86,425 | 82,914 | 84,390 | 85,562 |
| Total assets | US$ in thousands | 2,500,210 | 2,420,620 | 2,348,320 | 2,292,900 | 2,246,120 | 2,205,230 | 2,139,640 | 2,060,370 | 2,034,370 | 1,982,580 | 1,949,650 | 1,913,930 | 1,900,980 | 1,874,800 | 1,842,360 | 1,792,820 | 1,791,600 | 1,726,420 | 1,697,970 | 1,660,890 |
| ROA | 4.77% | 4.60% | 4.56% | 4.96% | 5.56% | 5.58% | 5.48% | 4.79% | 3.85% | 4.04% | 4.24% | 4.66% | 4.96% | 5.02% | 5.03% | 5.11% | 4.82% | 4.80% | 4.97% | 5.15% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $119,268K ÷ $2,500,210K
= 4.77%
American States Water Company's return on assets (ROA) fluctuated over the period from March 31, 2020, to December 31, 2024. Starting at 5.15% in March 2020, the ROA dipped to 4.24% in June 2022 before recovering to 5.58% in September 2023. However, by December 2024, the ROA had slightly decreased to 4.77%. This trend indicates that the company's ability to generate profits from its assets varied over time, with periods of improvement and decline. It is essential for stakeholders to monitor these fluctuations to assess the company's efficiency in utilizing its assets to generate returns for shareholders.
Peer comparison
Dec 31, 2024