Crescent Energy Co (CRGY)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 199,013 | 195,134 | 344,090 | 308,192 | 324,740 | 609,391 | 885,424 | 1,321,228 | 1,433,489 | 1,341,845 | 1,057,882 | 658,524 | 483,739 | 228,530 | -304,973 | 78,361 |
| Total assets | US$ in thousands | 9,333,220 | 9,250,430 | 7,480,820 | 6,797,920 | 6,803,340 | 6,986,430 | 6,148,260 | 6,111,710 | 6,019,850 | 6,229,590 | 6,273,670 | 6,174,490 | 5,157,460 | 3,737,830 | 3,760,470 | 3,891,220 |
| Operating ROA | 2.13% | 2.11% | 4.60% | 4.53% | 4.77% | 8.72% | 14.40% | 21.62% | 23.81% | 21.54% | 16.86% | 10.67% | 9.38% | 6.11% | -8.11% | 2.01% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $199,013K ÷ $9,333,220K
= 2.13%
Operating ROA for Crescent Energy Co has shown fluctuations over the analyzed period. The ratio started at a modest 2.01% in March 2021, turned negative at -8.11% in June 2021, and then steadily improved, reaching a peak of 23.81% in December 2022.
From March 2023 to December 2024, the trend was generally downward, with some minor fluctuations. The ratio stood at 2.13% by the end of December 2024.
Overall, Crescent Energy Co's operating ROA experienced varying levels of performance throughout the period, reflecting changes in the company's operating profitability relative to its assets. It would be advisable to further investigate the factors contributing to these fluctuations to ensure sustainable and improved performance in the future.
Peer comparison
Dec 31, 2024