Consolidated Edison Inc (ED)
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 | 2,670,000 | 2,644,000 | 2,504,000 | 2,468,000 | 2,523,000 | 2,622,000 | 2,789,000 | 2,892,000 | 2,625,000 | 2,772,000 | 2,733,000 | 2,764,000 | 2,825,000 | 2,635,000 | 2,645,000 | 2,706,000 | 2,654,000 | 2,712,000 | 2,719,000 | 2,616,000 |
| Total assets | US$ in thousands | 70,562,000 | 68,645,000 | 67,920,000 | 66,680,000 | 66,331,000 | 64,405,000 | 63,771,000 | 7,531,000 | 69,065,000 | 65,763,000 | 65,072,000 | 63,737,000 | 62,817,000 | 62,598,000 | 62,609,000 | 62,299,000 | 62,677,000 | 59,378,000 | 58,865,000 | 58,953,000 |
| Operating ROA | 3.78% | 3.85% | 3.69% | 3.70% | 3.80% | 4.07% | 4.37% | 38.40% | 3.80% | 4.22% | 4.20% | 4.34% | 4.50% | 4.21% | 4.22% | 4.34% | 4.23% | 4.57% | 4.62% | 4.44% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $2,670,000K ÷ $70,562,000K
= 3.78%
Consolidated Edison Inc's operating return on assets (Operating ROA) has shown some fluctuation over the period under consideration. The Operating ROA ranged from a low of 3.69% in June 30, 2024, to a high of 38.40% in March 31, 2023. On average, the Operating ROA hovered around 4% during this period.
It is worth noting the significant spike in the Operating ROA to 38.40% in March 31, 2023, which could be a result of specific events or anomalies that impacted the company's operating performance during that period.
However, the Operating ROA experienced a downward trend towards the end of the period, with a decrease to 3.78% in December 31, 2024. This declining trend may indicate potential challenges or inefficiencies in the company's operations that led to a decrease in its operating profitability.
Overall, while the Operating ROA has displayed variability over time, Consolidated Edison Inc should continue monitoring and analyzing its operating performance to identify areas for improvement and sustain long-term profitability.
Peer comparison
Dec 31, 2024