Entergy Corporation (ETR)
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 | 2,651,090 | 2,617,980 | 2,050,780 | 1,845,630 | 1,769,200 |
| Total assets | US$ in thousands | 64,790,000 | 59,703,400 | 58,595,200 | 59,454,200 | 58,239,200 |
| Operating ROA | 4.09% | 4.38% | 3.50% | 3.10% | 3.04% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $2,651,090K ÷ $64,790,000K
= 4.09%
Entergy Corporation's operating return on assets (Operating ROA) has shown a gradual improvement over the years, starting at 3.04% as of December 31, 2020, and increasing to 3.10% by December 31, 2021. The growth trend continued, with the ratio reaching 3.50% by December 31, 2022.
The most significant improvement in the operating ROA occurred by December 31, 2023, where it surged to 4.38%, indicating a notable increase in the company's efficiency in generating profits from its assets. However, by December 31, 2024, the operating ROA decreased slightly to 4.09%.
Overall, the trend in Entergy Corporation's operating ROA suggests a positive performance in effectively utilizing its assets to generate operating profits, though some fluctuations were observed in the later years. This ratio can provide insights into the company's operational efficiency and profitability relative to its asset base.
Peer comparison
Dec 31, 2024