Evergy, Inc. (EVRG)
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 | 1,468,000 | 1,282,400 | 1,267,200 | 1,354,900 | 1,143,900 |
| Total assets | US$ in thousands | 32,282,100 | 32,244,200 | 29,489,900 | 28,520,500 | 27,114,800 |
| Operating ROA | 4.55% | 3.98% | 4.30% | 4.75% | 4.22% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $1,468,000K ÷ $32,282,100K
= 4.55%
To analyze Evergy, Inc.'s operating return on assets (operating ROA) over the period from December 31, 2020, to December 31, 2024, we observe fluctuations in the ratio as follows:
1. As of December 31, 2020, Evergy's operating ROA was 4.22%. This indicates that the company generated $0.0422 in operating income for every dollar of assets it possessed.
2. By December 31, 2021, the operating ROA had increased to 4.75%, reflecting an improvement in the company's ability to generate operating income from its asset base.
3. However, there was a slight dip in the operating ROA to 4.30% by December 31, 2022, possibly indicating challenges or changes in operational efficiency during that period.
4. The operating ROA decreased further to 3.98% by December 31, 2023, suggesting a potential decline in operating income generation relative to its asset base.
5. Finally, as of December 31, 2024, Evergy's operating ROA rebounded to 4.55%, showing a recovery in the company's operational performance in utilizing its assets to generate operating income.
Overall, the trend in Evergy, Inc.'s operating ROA demonstrates variability over the analyzed period, with fluctuations in the company's efficiency in generating operating income in relation to its asset utilization. Further analysis and examination of the factors influencing these changes would provide deeper insights into the company's operational performance and asset management strategies.
Peer comparison
Dec 31, 2024