Coterra Energy Inc (CTRA)
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 | 1,389,000 | 1,640,000 | 1,737,000 | 1,717,000 | 2,154,000 | 2,872,000 | 3,954,000 | 5,287,000 | 5,209,000 | 5,152,000 | 3,743,000 | 2,188,000 | 1,564,000 | 488,892 | 384,359 | 384,075 | 295,476 | 354,793 | 492,103 | 689,192 |
| Total assets | US$ in thousands | 21,625,000 | 20,126,000 | 20,764,000 | 20,953,000 | 20,415,000 | 20,101,000 | 19,879,000 | 20,139,000 | 20,154,000 | 20,305,000 | 20,647,000 | 20,327,000 | 19,900,000 | 4,730,700 | 4,610,570 | 4,550,850 | 4,524,000 | 4,419,300 | 4,527,870 | 4,522,180 |
| Operating ROA | 6.42% | 8.15% | 8.37% | 8.19% | 10.55% | 14.29% | 19.89% | 26.25% | 25.85% | 25.37% | 18.13% | 10.76% | 7.86% | 10.33% | 8.34% | 8.44% | 6.53% | 8.03% | 10.87% | 15.24% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,389,000K ÷ $21,625,000K
= 6.42%
The operating return on assets (Operating ROA) for Coterra Energy Inc has exhibited fluctuations over the analyzed period, starting at 15.24% on March 31, 2020, and fluctuating down to a low of 6.42% on December 31, 2024. There was a general downward trend in the first few quarters, with a slight recovery in the second half of 2021. The ratio then experienced a significant surge, reaching its peak at 26.25% on March 31, 2023. However, the ratio decreased in the following quarters, with some fluctuations but generally trending downwards by the end of the period.
Overall, the Operating ROA of Coterra Energy Inc varied widely, indicating changes in the efficiency of the company in generating operating profits from its assets over time. It is essential for investors and stakeholders to monitor this ratio closely to assess the company's operational performance and profitability potential.
Peer comparison
Dec 31, 2024