Edison International (EIX)
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 | 2,930,000 | 2,931,000 | 2,428,000 | 2,252,000 | 2,627,000 | 2,600,000 | 2,112,000 | 1,892,000 | 1,531,000 | 1,388,000 | 1,256,000 | 1,337,000 | 1,477,000 | 1,650,000 | 1,399,000 | 1,314,000 | 1,217,000 | 710,000 | 1,725,000 | 1,725,000 |
| Total assets | US$ in thousands | 85,579,000 | 84,749,000 | 84,818,000 | 83,599,000 | 81,758,000 | 80,164,000 | 79,551,000 | 78,854,000 | 78,041,000 | 76,709,000 | 75,045,000 | 74,720,000 | 74,745,000 | 73,023,000 | 71,162,000 | 70,505,000 | 69,372,000 | 68,556,000 | 67,051,000 | 66,026,000 |
| Operating ROA | 3.42% | 3.46% | 2.86% | 2.69% | 3.21% | 3.24% | 2.65% | 2.40% | 1.96% | 1.81% | 1.67% | 1.79% | 1.98% | 2.26% | 1.97% | 1.86% | 1.75% | 1.04% | 2.57% | 2.61% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $2,930,000K ÷ $85,579,000K
= 3.42%
Operating return on assets (Operating ROA) measures the company's efficiency in generating operating income from its assets. Looking at the data provided for Edison International, the trend of Operating ROA fluctuated over the quarters, ranging from the lowest point of 1.04% in September 30, 2020, to the highest point of 3.46% in September 30, 2024.
The Operating ROA showed some volatility from quarter to quarter, indicating potential fluctuations in the company's operational efficiency in utilizing its assets to generate profits. The increase in Operating ROA from 1.04% in September 30, 2020, to 3.46% in September 30, 2024, suggests a positive trend in the company's ability to generate operating income relative to its assets over the period.
Despite some fluctuations, Edison International managed to maintain Operating ROA above 1.5% throughout most of the quarters, which indicates a reasonable level of operational performance and asset utilization. However, it is essential to keep monitoring the Operating ROA trends to ensure sustainable and efficient asset management in the future.
Peer comparison
Dec 31, 2024