Peabody Energy Corp (BTU)
Return on assets (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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 759,600 | 1,199,600 | 1,454,800 | 1,685,100 | 1,297,100 | 1,178,100 | 758,800 | 320,700 | 360,100 | -282,100 | -305,100 | -1,820,700 | -1,870,300 | -2,030,900 | -2,046,500 | -465,200 | -211,300 | 331,100 | 210,200 | 35,500 |
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 |
ROA | 12.74% | 20.96% | 24.96% | 29.05% | 23.12% | 21.69% | 14.32% | 6.49% | 7.28% | -6.35% | -6.85% | -40.58% | -40.07% | -41.78% | -41.35% | -7.47% | -3.23% | 4.87% | 2.95% | 0.49% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $759,600K ÷ $5,962,100K
= 12.74%
Peabody Energy Corp's return on assets (ROA) has experienced significant fluctuations over the past years. The ROA was positive in most recent quarters, ranging from 12.74% to 29.05%, indicating the company's ability to generate profits relative to its total assets. However, there were periods of negative ROA (e.g., -6.35% to -41.78%) in the past, suggesting challenges in generating profits from its assets.
The ROA trend shows improvement in the most recent quarters compared to negative ROA figures in the earlier periods. This could signify better asset management and operational efficiency by the company. It is essential for investors and stakeholders to closely monitor Peabody Energy Corp's ROA performance to assess its ability to efficiently utilize assets to generate profits.
Peer comparison
Dec 31, 2023