Everus Construction Group Inc (ECG)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Operating income | US$ in thousands | 189,907 | 180,177 | 164,644 | 145,754 |
| Total assets | US$ in thousands | 1,288,460 | 1,110,580 | 1,135,590 | — |
| Operating ROA | 14.74% | 16.22% | 14.50% | — |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $189,907K ÷ $1,288,460K
= 14.74%
Everus Construction Group Inc's operating return on assets (Operating ROA) has shown a positive trend over the years.
As of December 31, 2022, Everus Construction Group Inc's operating ROA stood at 14.50%, indicating that the company generated 14.50 cents of operating profit for every dollar of assets it owned.
By December 31, 2023, the operating ROA improved to 16.22%, suggesting an increase in efficiency in utilizing its assets to generate operating income.
Though there was a slight decline by December 31, 2024, with an operating ROA of 14.74%, the company still maintained a relatively strong performance in converting its assets into operating profits.
Overall, the steady improvement in operating ROA from 2022 to 2023 reflects Everus Construction Group Inc's ability to effectively generate operating income relative to its asset base, indicative of efficient operational management.
Peer comparison
Dec 31, 2024