Clearway Energy Inc Class C (CWEN)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 196,000 | 263,000 | 1,470,000 | 267,000 | 333,000 |
| Total assets | US$ in thousands | 14,329,000 | 14,701,000 | 12,312,000 | 12,813,000 | 10,592,000 |
| Operating ROA | 1.37% | 1.79% | 11.94% | 2.08% | 3.14% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $196,000K ÷ $14,329,000K
= 1.37%
Based on the data provided for Clearway Energy Inc Class C, the operating return on assets (operating ROA) has varied over the years.
- As of December 31, 2020, the operating ROA was 3.14%, indicating that the company generated 3.14 cents of operating income for every dollar of assets it had.
- The operating ROA decreased to 2.08% by December 31, 2021, suggesting a decline in the company's operational efficiency and profitability.
- A significant improvement was seen by December 31, 2022, with the operating ROA jumping to 11.94%, which could indicate improved asset utilization or increased operating income.
- However, by December 31, 2023, the operating ROA fell to 1.79%, showing a decline in profitability or operational performance.
- The trend continued downward as of December 31, 2024, with the operating ROA dropping further to 1.37%, reflecting potential challenges faced by the company in effectively generating operating income from its assets.
Overall, the fluctuations in Clearway Energy Inc Class C's operating ROA over the years suggest varying levels of efficiency and profitability in utilizing its assets to generate operating income. It is important for the company to closely monitor and address the factors influencing its operating ROA to ensure sustainable and improved financial performance in the future.
Peer comparison
Dec 31, 2024