CenterPoint Energy Inc (CNP)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,990,000 | 1,760,000 | 1,566,000 | 1,363,000 | -168,000 |
| Total assets | US$ in thousands | 43,768,000 | 39,715,000 | 38,546,000 | 37,679,000 | 33,471,000 |
| Operating ROA | 4.55% | 4.43% | 4.06% | 3.62% | -0.50% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $1,990,000K ÷ $43,768,000K
= 4.55%
CenterPoint Energy Inc's operating return on assets (ROA) has shown a positive trend over the period from December 31, 2020, to December 31, 2024. The operating ROA increased from a negative 0.50% in 2020 to 4.55% in 2024. This indicates that the company has been generating more operating income relative to its total assets over time. The improvement in operating ROA suggests that CenterPoint Energy has been more efficient in utilizing its assets to generate operating profits. This positive trend in operating ROA reflects well on the company's operational performance and efficiency in managing its assets.
Peer comparison
Dec 31, 2024