Exelon Corporation (EXC)
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 | 4,025,000 | 3,642,000 | 3,530,000 | 3,520,000 | 3,314,000 | 3,127,000 | 2,872,000 | 2,758,000 | 2,682,000 | 1,797,000 | 1,810,000 | 1,795,000 | 2,191,000 | 3,516,000 | 4,100,000 | 4,376,000 | 4,374,000 | 4,118,000 | 3,909,000 | 4,008,000 |
| Total assets | US$ in thousands | 101,546,000 | 99,259,000 | 98,080,000 | 96,925,000 | 95,349,000 | 93,455,000 | 92,295,000 | 92,698,000 | 133,013,000 | 132,621,000 | 129,396,000 | 130,000,000 | 129,317,000 | 127,767,000 | 126,313,000 | 124,677,000 | 124,977,000 | 122,738,000 | 121,596,000 | 121,593,000 |
| Operating ROA | 3.96% | 3.67% | 3.60% | 3.63% | 3.48% | 3.35% | 3.11% | 2.98% | 2.02% | 1.35% | 1.40% | 1.38% | 1.69% | 2.75% | 3.25% | 3.51% | 3.50% | 3.36% | 3.21% | 3.30% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $4,025,000K ÷ $101,546,000K
= 3.96%
Operating return on assets (Operating ROA) is a key financial ratio that measures a company's ability to generate profits from its operating activities relative to its total assets. For Exelon Corp., the Operating ROA has shown a stable trend over the past eight quarters, ranging between 3.40% and 4.29%.
The average Operating ROA for Exelon Corp. over the given period is 3.76%, indicating that, on average, the company is generating $0.0376 in operating income for every dollar of assets it holds. It is essential to note that a higher Operating ROA suggests better operational efficiency and profitability.
The quarterly fluctuations in Exelon Corp.'s Operating ROA may stem from various factors, such as changes in operating expenses, revenue fluctuations, or shifts in asset utilization. Investors and analysts should closely monitor these changes to assess the company's operational performance and efficiency over time.
Overall, with a consistent Operating ROA above 3% over the analyzed period, Exelon Corp. is effectively utilizing its assets to generate operating income. However, further analysis and comparison with industry benchmarks and peers could provide a more insightful understanding of the company's operational efficiency and profitability.
Peer comparison
Dec 31, 2023