Consolidated Edison Inc (ED)
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 | 2,670,000 | 3,196,000 | 2,624,000 | 2,826,000 | 2,654,000 |
| Total assets | US$ in thousands | 23,001,000 | 66,331,000 | 69,065,000 | 63,116,000 | 62,895,000 |
| Operating ROA | 11.61% | 4.82% | 3.80% | 4.48% | 4.22% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $2,670,000K ÷ $23,001,000K
= 11.61%
Consolidated Edison Inc's operating return on assets (operating ROA) has shown some fluctuations over the years. In 2020, the operating ROA was 4.22%, which slightly increased to 4.48% in 2021. However, there was a slight decline in 2022 to 3.80%. Subsequently, in 2023, the operating ROA improved to 4.82%. The most significant increase was observed in 2024, where the operating ROA surged to 11.61%, indicating a substantial improvement in the company's operating efficiency and profitability. Overall, the trend in operating ROA demonstrates variability, with the most notable improvement occurring in 2024.
Peer comparison
Dec 31, 2024