DT Midstream Inc (DTM)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 489,000 | 496,000 | 498,000 | 485,000 | 522,000 | 563,000 | 560,000 | 580,000 | 559,000 | 508,000 | 493,000 | 442,000 | 402,000 | 386,000 | 404,000 | 418,000 | 414,000 |
| Total assets | US$ in thousands | 9,935,000 | 8,587,000 | 8,986,000 | 8,951,000 | 8,982,000 | 8,862,000 | 8,726,000 | 8,981,000 | 8,833,000 | 8,419,000 | 8,290,000 | 8,211,000 | 8,166,000 | 8,127,000 | 7,990,000 | 8,015,000 | 1,005,000 |
| Operating ROA | 4.92% | 5.78% | 5.54% | 5.42% | 5.81% | 6.35% | 6.42% | 6.46% | 6.33% | 6.03% | 5.95% | 5.38% | 4.92% | 4.75% | 5.06% | 5.22% | 41.19% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $489,000K ÷ $9,935,000K
= 4.92%
DT Midstream Inc's operating return on assets (ROA) has shown a decreasing trend over the given time period. The company's operating ROA was strong at 41.19% as of December 31, 2020, but gradually declined to 4.92% by December 31, 2021. There was a slight increase in operating ROA in the following quarters, reaching 6.33% by December 31, 2022, but then experienced some fluctuations around the 5-6% range.
The fluctuations in operating ROA may indicate changes in the company's operating efficiency and profitability. Further analysis would be needed to understand the specific factors driving these fluctuations and to assess the overall financial performance of DT Midstream Inc.
Peer comparison
Dec 31, 2024