Evergy Inc. Common Stock (EVRG)
Operating return on assets (Operating ROA)
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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating income (ttm) | US$ in thousands | 1,282,400 | 1,202,000 | 1,294,500 | 1,293,400 | 1,267,200 | 1,308,200 | 1,330,500 | 1,290,300 | 1,354,900 | 1,366,700 | 1,287,700 | 1,264,100 | 1,143,900 | 1,156,700 | 1,173,700 | 1,173,700 | 1,185,800 | 1,170,100 | 1,164,500 | 1,019,700 |
Total assets | US$ in thousands | 30,976,100 | 30,616,000 | 30,277,100 | 29,685,900 | 29,489,900 | 29,247,600 | 29,188,800 | 28,739,900 | 28,520,500 | 28,182,100 | 28,008,800 | 28,020,100 | 27,114,800 | 26,881,200 | 26,250,400 | 26,184,700 | 25,975,900 | 25,907,500 | 25,718,400 | 26,060,700 |
Operating ROA | 4.14% | 3.93% | 4.28% | 4.36% | 4.30% | 4.47% | 4.56% | 4.49% | 4.75% | 4.85% | 4.60% | 4.51% | 4.22% | 4.30% | 4.47% | 4.48% | 4.57% | 4.52% | 4.53% | 3.91% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,282,400K ÷ $30,976,100K
= 4.14%
Evergy Inc's operating return on assets (operating ROA) has been relatively stable over the past eight quarters, ranging from 4.02% to 4.56%. The average operating ROA for this period is approximately 4.38%. This indicates that Evergy Inc is generating, on average, 4.38 cents of operating income for every dollar of assets it holds. The slight fluctuations in operating ROA may be attributed to changes in operating income or assets efficiency over time. Overall, the consistent performance of Evergy Inc in maintaining a moderate level of operating ROA suggests effective management of assets to generate operating income.
Peer comparison
Dec 31, 2023