Coterra Energy Inc (CTRA)

Return on assets (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
Net income (ttm)	US$ in thousands	1,121,000	1,240,000	1,311,000	1,300,000	1,625,000	2,241,000	3,114,000	4,134,000	4,065,000	3,971,000	2,839,000	1,640,000	1,158,000	351,677	272,716	273,090	201,000	216,193	321,512	472,147
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
ROA		5.18%	6.16%	6.31%	6.20%	7.96%	11.15%	15.66%	20.53%	20.17%	19.56%	13.75%	8.07%	5.82%	7.43%	5.92%	6.00%	4.44%	4.89%	7.10%	10.44%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $1,121,000K ÷ $21,625,000K
= 5.18%

Coterra Energy Inc's Return on Assets (ROA) has shown fluctuations over the past few years. The ROA was initially at 10.44% on March 31, 2020, but gradually decreased to 4.44% by December 31, 2020. Subsequently, there was a slight improvement in ROA to 6.00% on March 31, 2021, followed by a relative stability with fluctuations around 6-8% until June 30, 2022.

A significant increase in ROA was observed in the following quarters, reaching a peak of 20.53% on March 31, 2023. However, the ROA declined over the next few quarters, dropping to 5.18% by December 31, 2024.

Overall, the trend in Coterra Energy Inc's ROA indicates periods of both growth and decline in the company's efficiency in generating profits from its assets. Investors and stakeholders may further evaluate the underlying factors contributing to these fluctuations to assess the company's operational and financial performance.