DT Midstream Inc (DTM)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 354,000 | 402,000 | 405,000 | 400,000 | 384,000 | 348,000 | 370,000 | 370,000 | 370,000 | 372,000 | 333,000 | 310,000 | 307,000 | 289,000 | 316,000 | 319,000 | 312,000 |
| 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 |
| ROA | 3.56% | 4.68% | 4.51% | 4.47% | 4.28% | 3.93% | 4.24% | 4.12% | 4.19% | 4.42% | 4.02% | 3.78% | 3.76% | 3.56% | 3.95% | 3.98% | 31.04% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $354,000K ÷ $9,935,000K
= 3.56%
The return on assets (ROA) for DT Midstream Inc has shown some fluctuations over the period from December 31, 2020, to December 31, 2024. Starting at a high of 31.04% in December 2020, the ROA experienced a significant drop in the following periods, hovering around the 4% mark from March 2021 to September 2022.
There was a slight uptick in ROA from June 2022 to December 2022, peaking at 4.42%, before dipping slightly to 3.93% in March 2023. The ROA picked up from there, reaching a high of 4.68% in September 2024, before dropping to 3.56% by December 2024.
Overall, DT Midstream Inc's ROA trend indicates some variability in the company's ability to generate profits relative to its total assets. Investors and stakeholders may want to further investigate the reasons behind these fluctuations and assess the company's efficiency in utilizing its assets to generate earnings.
Peer comparison
Dec 31, 2024