Chesapeake Utilities Corporation (CPK)
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 | 231,975 | 212,390 | 191,700 | 178,093 | 150,804 | 146,441 | 144,861 | 142,984 | 142,934 | 136,806 | 138,271 | 134,380 | 131,112 | 129,494 | 126,787 | 122,186 | 112,702 | 107,138 | 104,090 | 103,549 |
| Total assets | US$ in thousands | 3,577,000 | 3,467,190 | 3,380,750 | 3,331,880 | 3,304,700 | 2,240,750 | 2,204,490 | 2,197,550 | 2,215,040 | 2,157,420 | 2,117,340 | 2,109,630 | 2,114,870 | 2,021,830 | 1,972,340 | 1,953,950 | 1,932,490 | 1,888,090 | 1,822,180 | 1,788,220 |
| Operating ROA | 6.49% | 6.13% | 5.67% | 5.35% | 4.56% | 6.54% | 6.57% | 6.51% | 6.45% | 6.34% | 6.53% | 6.37% | 6.20% | 6.40% | 6.43% | 6.25% | 5.83% | 5.67% | 5.71% | 5.79% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $231,975K ÷ $3,577,000K
= 6.49%
Operating return on assets (Operating ROA) measures the efficiency of Chesapeake Utilities Corporation in generating operating profits relative to its total assets. Based on the data provided:
- The Operating ROA fluctuated within a range of 5.67% to 6.57% over the observed period, with the highest value recorded at June 30, 2023.
- There was an overall upward trend in Operating ROA from March 31, 2020, to June 30, 2023, indicating an improvement in operational efficiency and profitability.
- However, there was a noticeable decline in Operating ROA from June 30, 2023, to December 31, 2023, hitting a low of 4.56% before rebounding.
- The Operating ROA recovered in the subsequent periods, showing a positive trend and reaching 6.49% by December 31, 2024.
- The fluctuations in Operating ROA suggest changes in the company's operating performance and efficiency in utilizing its assets to generate operating profits.
Overall, while there were periodic fluctuations, Chesapeake Utilities Corporation demonstrated a generally positive trend in its Operating ROA performance over the analyzed period, indicating improved operational efficiency and profitability.
Peer comparison
Dec 31, 2024