Consolidated Edison Inc (ED)
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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,820,000 | 1,844,000 | 1,782,000 | 1,806,000 | 2,519,000 | 2,375,000 | 2,462,000 | 2,491,000 | 1,660,000 | 1,694,000 | 1,619,000 | 1,529,000 | 1,346,000 | 1,165,000 | 1,120,000 | 1,145,000 | 1,101,000 | 1,353,000 | 1,392,000 | 1,354,000 |
| 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 |
| ROA | 2.58% | 2.69% | 2.62% | 2.71% | 3.80% | 3.69% | 3.86% | 33.08% | 2.40% | 2.58% | 2.49% | 2.40% | 2.14% | 1.86% | 1.79% | 1.84% | 1.76% | 2.28% | 2.36% | 2.30% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $1,820,000K ÷ $70,562,000K
= 2.58%
Consolidated Edison Inc's return on assets (ROA) has displayed fluctuations over the period under review. The ROA started at 2.30% as of March 31, 2020, and saw a slight increase to 2.36% by June 30, 2020. However, there was a decrease in ROA to 1.76% by December 31, 2020.
Subsequently, the ROA showed a gradual recovery, reaching 2.40% by March 31, 2022, and further increasing to 2.49% by June 30, 2022. The highest ROA was observed on March 31, 2023, at 33.08%, despite it being significantly higher than previous periods, it might be an outlier or caused by irregular events.
Following this anomaly, the ROA declined to 2.58% by December 31, 2024, remaining relatively stable compared to prior periods. Overall, while there have been fluctuations in ROA, Consolidated Edison Inc has managed to maintain a reasonable return on its assets during the period under consideration.
Peer comparison
Dec 31, 2024