CenterPoint Energy Inc (CNP)

Return on assets (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
Net income (ttm)	US$ in thousands	1,019,000	963,000	1,052,000	942,000	917,000	859,000	779,000	851,000	1,057,000	1,577,000	1,593,000	1,654,000	1,486,000	1,032,000	935,000	789,000	-773,000	-816,000	-667,000	-577,000
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
ROA		2.33%	2.25%	2.57%	2.34%	2.31%	2.20%	2.04%	2.25%	2.74%	4.29%	4.40%	4.70%	3.94%	2.78%	2.56%	2.20%	-2.31%	-2.50%	-2.07%	-1.73%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $1,019,000K ÷ $43,768,000K
= 2.33%

CenterPoint Energy Inc's return on assets (ROA) has shown a generally improving trend over the past few years. Starting from negative figures in early 2020, the company managed to turn its performance around and achieve positive ROA figures by the first quarter of 2021.

Since then, the ROA has continued to increase steadily, reaching a peak of 4.70% in the first quarter of 2022. However, there was a slight dip in the following quarter, before stabilizing around the 2-3% range for the remainder of 2022 and into 2024.

Overall, the upward trend in ROA indicates that CenterPoint Energy Inc has been effective in generating profits relative to its assets, which is a positive indicator of the company's operational efficiency and financial health.