Chesapeake Utilities Corporation (CPK)
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 | 228,200 | 150,803 | 142,933 | 131,112 | 112,723 |
| Total assets | US$ in thousands | 3,577,000 | 3,304,700 | 2,215,040 | 2,114,870 | 1,932,490 |
| Operating ROA | 6.38% | 4.56% | 6.45% | 6.20% | 5.83% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $228,200K ÷ $3,577,000K
= 6.38%
Operating return on assets (Operating ROA) is a key financial ratio that measures a company's ability to generate operating profits from its assets.
Based on the data provided:
- The Operating ROA of Chesapeake Utilities Corporation has shown a fluctuating trend over the years, starting at 5.83% as of December 31, 2020, increasing to 6.20% by December 31, 2021, and further increasing to 6.45% by December 31, 2022.
- However, there was a slight decrease in Operating ROA to 4.56% by December 31, 2023, before recovering and reaching 6.38% by December 31, 2024.
The overall trend shows some variability in operating performance efficiency over the years. It is important for the company to closely monitor and manage its assets effectively to ensure sustainable profitability and value creation for its stakeholders.
Peer comparison
Dec 31, 2024