CenterPoint Energy Inc (CNP)

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	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	791,000	754,000	642,000	372,000
Total assets	US$ in thousands	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	35,529,000	34,642,000	34,189,000	33,902,000
ROA		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%	2.23%	2.18%	1.88%	1.10%

December 31, 2023 calculation

ROA = Net income (ttm) ÷ Total assets
= $917,000K ÷ $39,715,000K
= 2.31%

Centerpoint Energy Inc.'s return on assets (ROA) has shown a decreasing trend over the past eight quarters. In Q4 2023, the ROA stood at 2.18%, which is lower compared to the previous quarter's ROA of 2.04%. This decline indicates that the company's ability to generate earnings from its assets has slightly weakened.

The ROA fluctuated throughout the quarters but remained below the levels seen in the same period in the previous year. The highest ROA was recorded in Q1 2022 at 4.54%, and it has since declined to 2.18% in Q4 2023.

The decreasing trend in ROA suggests that Centerpoint Energy Inc. may be facing challenges in effectively utilizing its assets to generate profits. It is important for the company to closely monitor its asset management strategies to improve ROA and enhance overall financial performance in the future.