Constellation Energy Corp (CEG)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,610,000 | 1,505,000 | 487,000 | 90,000 | 494,000 | 664,000 | |||
| Total assets | US$ in thousands | 50,758,000 | 48,965,000 | 46,559,000 | 46,158,000 | 46,909,000 | 46,616,000 | 45,333,000 | 46,846,000 | 48,086,000 |
| Operating ROA | 3.17% | 3.07% | 1.05% | 0.19% | 1.05% | 1.42% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,610,000K ÷ $50,758,000K
= 3.17%
Constellation Energy Corporation's operating return on assets (operating ROA) has shown fluctuations over the five quarters presented. The operating ROA increased from 1.05% in Q4 2022 to a peak of 3.12% in Q4 2023, indicating improved efficiency in generating operating income from its assets during that period.
Although there was a slight decrease in Q3 2023 to 3.05%, the company maintained a relatively strong operating ROA above 3% in the recent quarters. In Q2 2023, there was a notable drop to 1.02%, which may suggest challenges faced by the company in generating earnings from its assets efficiently during that quarter.
It's worth noting that the operating ROA was the lowest at 0.17% in Q1 2023, indicating a dip in the company's ability to generate operating income relative to its asset base during that period. Overall, Constellation Energy Corporation's operating ROA performance has shown variability, with notable improvements and declines observed in different quarters. Further analysis of the company's operational efficiency and asset utilization may provide insights into the factors driving these fluctuations in operating ROA.
Peer comparison
Dec 31, 2023