Peabody Energy Corp (BTU)
Return on assets (ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 370,900 | 759,600 | 1,297,100 | 360,100 | -1,859,800 |
Total assets | US$ in thousands | 5,953,700 | 5,962,100 | 5,610,800 | 4,949,800 | 4,667,100 |
ROA | 6.23% | 12.74% | 23.12% | 7.28% | -39.85% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $370,900K ÷ $5,953,700K
= 6.23%
Peabody Energy Corp's return on assets (ROA) has displayed fluctuating performance over the years based on the provided data. The ROA was negative at -39.85% as of December 31, 2020, indicating a loss generating scenario where the company's assets were not effectively utilized to generate profits.
Subsequently, there was a significant improvement in ROA to 7.28% by December 31, 2021, indicating a positive turnaround in asset efficiency and profitability. The trend continued to improve reaching 23.12% by December 31, 2022, showcasing a strong performance where the company generated substantial returns relative to its assets.
However, there was a slight decrease in ROA to 12.74% by December 31, 2023, but the company still maintained a relatively healthy return on assets. The trend reversed further with a decrease to 6.23% by December 31, 2024, indicating a decline in asset efficiency and profitability compared to the previous year.
Overall, Peabody Energy Corp's ROA performance highlights the importance of effectively utilizing assets to generate profits and the need for consistent monitoring of profitability metrics to ensure sustainable financial performance.
Peer comparison
Dec 31, 2024