Peabody Energy Corp (BTU)
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 | 1,074,700 | 1,406,500 | 1,668,200 | 1,856,700 | 1,381,600 | 1,320,200 | 855,900 | 402,400 | 432,200 | -196,900 | -168,900 | -1,675,600 | -1,728,300 | -1,785,700 | -1,806,700 | -216,300 | 61,700 | 354,000 | 345,900 | 244,800 |
| Total assets | US$ in thousands | 5,962,100 | 5,722,200 | 5,828,100 | 5,799,900 | 5,610,800 | 5,431,000 | 5,299,900 | 4,943,800 | 4,949,800 | 4,442,500 | 4,453,400 | 4,486,300 | 4,667,100 | 4,860,900 | 4,948,800 | 6,230,400 | 6,542,800 | 6,792,500 | 7,121,200 | 7,287,500 |
| Operating ROA | 18.03% | 24.58% | 28.62% | 32.01% | 24.62% | 24.31% | 16.15% | 8.14% | 8.73% | -4.43% | -3.79% | -37.35% | -37.03% | -36.74% | -36.51% | -3.47% | 0.94% | 5.21% | 4.86% | 3.36% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,074,700K ÷ $5,962,100K
= 18.03%
Over the past five years, Peabody Energy Corp's operating return on assets (operating ROA) has exhibited significant fluctuations. The operating ROA ranged from a low of -37.35% in June 2021 to a high of 32.01% in March 2023. Notably, there was a notable improvement in operating ROA in 2023 compared to the negative figures recorded in 2021.
The trend suggests that Peabody Energy Corp may have implemented strategic initiatives or operational changes that positively impacted its operating profitability relative to its asset base. The company's ability to generate operating income from its assets improved over the period, as evidenced by the increasing trend in the operating ROA. However, the negative values in 2021 serve as a cautionary signal about the company's operational efficiency and profitability during that period.
Overall, analyzing the operating ROA over time provides insights into Peabody Energy Corp's operational effectiveness and efficiency in utilizing its assets to generate operating profits. The fluctuations in the operating ROA highlight the company's performance dynamics and the impact of its operational decisions on profitability.
Peer comparison
Dec 31, 2023