CVR Energy Inc (CVI)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 154,000 | 578,000 | 915,000 | 1,122,000 | 1,236,000 | 894,000 | 1,072,000 | 962,000 | 766,000 | 838,000 | 442,000 | 87,000 | -81,000 | -302,000 | -334,000 | -334,000 | -138,000 | 67,000 | 285,000 | 580,000 |
| Total assets | US$ in thousands | 4,263,000 | 3,878,000 | 4,093,000 | 4,707,000 | 4,421,000 | 4,217,000 | 4,208,000 | 4,119,000 | 4,206,000 | 4,671,000 | 4,345,000 | 3,906,000 | 3,872,000 | 3,798,000 | 4,188,000 | 3,978,000 | 3,876,000 | 3,928,000 | 4,125,000 | 3,905,000 |
| Operating ROA | 3.61% | 14.90% | 22.36% | 23.84% | 27.96% | 21.20% | 25.48% | 23.36% | 18.21% | 17.94% | 10.17% | 2.23% | -2.09% | -7.95% | -7.98% | -8.40% | -3.56% | 1.71% | 6.91% | 14.85% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $154,000K ÷ $4,263,000K
= 3.61%
Operating ROA for CVR Energy Inc has shown fluctuations over the reported periods. The ratio declined from 14.85% on December 31, 2019, to a low of -8.40% on December 31, 2020, indicating a significant decrease in profitability relative to assets in that period. Subsequently, there was a gradual improvement in performance, with operating ROA increasing to 23.36% by December 31, 2022. The trend continued positively into the following years with the ratio reaching 27.96% on September 30, 2023, before slightly declining to 22.36% on March 31, 2024.
Overall, the operating ROA for CVR Energy Inc reflects a mix of positive and negative performances, with an upward trend in recent periods suggesting enhanced operational efficiency and profitability relative to its assets. However, given the fluctuations observed, it is important for stakeholders to monitor the company's asset utilization and profitability closely to ensure sustained positive performance.
Peer comparison
Dec 31, 2024