CenterPoint Energy Inc (CNP)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,990,000 | 1,828,000 | 1,922,000 | 1,835,000 | 1,760,000 | 1,793,000 | 1,659,000 | 1,630,000 | 1,566,000 | 1,548,000 | 1,442,000 | 1,387,000 | 1,363,000 | 1,312,000 | 1,336,000 | 1,275,000 | 1,039,000 | 1,056,000 | 1,146,000 | 1,198,000 |
| Total assets | US$ in thousands | 43,768,000 | 42,893,000 | 40,976,000 | 40,199,000 | 39,715,000 | 39,001,000 | 38,097,000 | 37,752,000 | 38,546,000 | 36,719,000 | 36,216,000 | 35,202,000 | 37,679,000 | 37,160,000 | 36,466,000 | 35,906,000 | 33,471,000 | 32,705,000 | 32,148,000 | 33,395,000 |
| Operating ROA | 4.55% | 4.26% | 4.69% | 4.56% | 4.43% | 4.60% | 4.35% | 4.32% | 4.06% | 4.22% | 3.98% | 3.94% | 3.62% | 3.53% | 3.66% | 3.55% | 3.10% | 3.23% | 3.56% | 3.59% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,990,000K ÷ $43,768,000K
= 4.55%
Operating return on assets (ROA) for CenterPoint Energy Inc has shown a somewhat fluctuating trend over the period from March 31, 2020, to December 31, 2024. The ratio started at 3.59% in March 2020, decreased slightly to 3.10% by December 2020, and then gradually increased to 4.43% by December 2023. However, there were fluctuations in the ratio during this period, with some quarters showing higher or lower values.
It is important to note that operating ROA measures the efficiency of the company in generating operating profit from its total assets. An increasing trend in operating ROA indicates that the company is effectively utilizing its assets to generate operating income. CenterPoint Energy Inc's operating ROA increased from 3.59% in March 2020 to 4.55% by December 2024, indicating a positive trend in asset utilization efficiency.
The company's ability to maintain a relatively stable and increasing operating ROA over the period signifies its effective management of assets in generating operating profits. However, the fluctuations in the ratio also suggest potential variability in operating performance, which should be further investigated to understand the factors influencing the company's profitability and asset utilization.
Peer comparison
Dec 31, 2024