Evergy, Inc. (EVRG)
Return on assets (ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 873,500 | 731,300 | 752,700 | 879,700 | 618,300 |
Total assets | US$ in thousands | 32,282,100 | 32,244,200 | 29,489,900 | 28,520,500 | 27,114,800 |
ROA | 2.71% | 2.27% | 2.55% | 3.08% | 2.28% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $873,500K ÷ $32,282,100K
= 2.71%
Evergy, Inc.'s return on assets (ROA) has shown fluctuations over the past five years. As of December 31, 2020, the ROA stood at 2.28%, which increased to 3.08% by December 31, 2021, indicating improved efficiency in generating profits from its assets. However, by December 31, 2022, the ROA slightly decreased to 2.55%, followed by a further decline to 2.27% by December 31, 2023.
Subsequently, as of December 31, 2024, Evergy recorded a ROA of 2.71%, showing a slight improvement compared to the previous year. Overall, the trend in ROA suggests some variability in the company's ability to generate profit relative to the size of its asset base, with a recent uptick in performance.
Peer comparison
Dec 31, 2024