Eversource Energy (ES)

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	2,705,710	2,619,419	2,537,572	2,495,736	2,399,336	2,363,026	2,389,766	2,284,673	2,198,155	2,148,735	2,074,773	2,070,809	1,993,322	1,975,232	2,053,131	2,035,181	1,988,733	1,969,570	1,917,578	1,634,911
Total assets	US$ in thousands	59,594,500	58,573,300	58,352,500	57,322,200	55,612,200	56,293,300	54,539,700	54,105,200	53,230,900	51,599,400	49,916,200	49,289,200	48,492,100	48,014,100	47,234,600	46,518,200	46,099,600	43,507,300	42,038,700	41,649,000
Operating ROA		4.54%	4.47%	4.35%	4.35%	4.31%	4.20%	4.38%	4.22%	4.13%	4.16%	4.16%	4.20%	4.11%	4.11%	4.35%	4.38%	4.31%	4.53%	4.56%	3.93%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $2,705,710K ÷ $59,594,500K
= 4.54%

Operating Return on Assets (Operating ROA) is a key financial ratio that measures the company's ability to generate profits from its operational assets. The trend analysis of Eversource Energy's Operating ROA shows that the ratio has been relatively stable and gradually increasing over the analyzed periods from March 31, 2020, to December 31, 2024.

The Operating ROA ranged from 3.93% on March 31, 2020, to 4.54% on December 31, 2024. This indicates that Eversource Energy has been able to efficiently utilize its operational assets to generate profits, with the ratio consistently above 4% in recent periods.

The slight fluctuations in the Operating ROA over the quarters suggest that the company has been able to maintain profitability levels relative to its asset base. However, it is important to further investigate the factors driving changes in Operating ROA to identify any underlying operational or financial performance drivers.

Overall, the trend in Eversource Energy's Operating ROA demonstrates a positive performance in terms of generating profits from its operational assets, reflecting the company's operational efficiency and profitability over the analyzed periods.