Dominion Energy Inc (D)
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 | 3,247,000 | 3,554,000 | 3,371,000 | 3,160,000 | 3,406,000 | 2,574,000 | 2,534,000 | 1,622,000 | 1,519,000 | 2,590,000 | 2,436,000 | 3,117,000 | 3,019,000 | 2,938,000 | 2,124,000 | 2,565,000 | 2,055,000 | 2,420,000 | 3,497,000 | 3,154,000 |
| Total assets | US$ in thousands | 102,415,000 | 99,820,000 | 100,417,000 | 102,005,000 | 109,032,000 | 105,943,000 | 106,064,000 | 105,325,000 | 104,243,000 | 103,535,000 | 103,678,000 | 100,852,000 | 99,590,000 | 99,804,000 | 97,963,000 | 96,703,000 | 95,905,000 | 104,535,000 | 103,728,000 | 104,126,000 |
| Operating ROA | 3.17% | 3.56% | 3.36% | 3.10% | 3.12% | 2.43% | 2.39% | 1.54% | 1.46% | 2.50% | 2.35% | 3.09% | 3.03% | 2.94% | 2.17% | 2.65% | 2.14% | 2.32% | 3.37% | 3.03% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $3,247,000K ÷ $102,415,000K
= 3.17%
Operating return on assets (ROA) measures a company's ability to generate profits from its operational assets. For Dominion Energy Inc, the operating ROA has shown fluctuations over the periods provided in the data.
The operating ROA for Dominion Energy Inc ranged from a low of 1.46% on December 31, 2022, to a high of 3.56% on September 30, 2024. The average operating ROA over the period appears to be around 2.75%.
The trend in operating ROA indicates some variability in the company's efficiency in generating profits from its operational assets. The metric increased in the second half of 2022, peaked in September 2024, but experienced a slight decline by the end of 2024.
It is important for investors and stakeholders to monitor the company's operating ROA over time to assess its operational efficiency and profitability. A consistent improvement or maintenance of a healthy operating ROA can be a positive indicator of the company's financial performance and asset utilization.
Peer comparison
Dec 31, 2024