Exelon Corporation (EXC)
Operating return on assets (Operating ROA)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 4,023,000 | 3,315,000 | 2,682,000 | 2,191,000 | 4,374,000 |
| Total assets | US$ in thousands | 101,546,000 | 95,349,000 | 133,013,000 | 129,317,000 | 124,977,000 |
| Operating ROA | 3.96% | 3.48% | 2.02% | 1.69% | 3.50% |
December 31, 2023 calculation
Operating ROA = Operating income ÷ Total assets
= $4,023,000K ÷ $101,546,000K
= 3.96%
Exelon Corp.'s operating return on assets (operating ROA) has displayed fluctuations over the past five years. The operating ROA for the year ending December 31, 2023, was 3.95%, which represents an improvement compared to the previous year. In 2022, the operating ROA stood at 3.48%, marking a slight increase from the 2021 figure of 1.90%. The operating ROA was higher in 2020 at 2.16% but significantly lower than the 2019 level of 3.47%.
It is evident that Exelon Corp. experienced varying levels of operational efficiency in utilizing its assets to generate operating profits during this period. The upward trend in the operating ROA from 2021 to 2023 suggests potential improvement in asset utilization and operational performance. However, the fluctuating nature of these ratios indicates the need for continued monitoring to ensure sustained efficiency in operations and asset management.
Peer comparison
Dec 31, 2023