Exelon Corporation (EXC)
Return on assets (ROA)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,328,000 | 2,170,000 | 1,706,000 | 1,963,000 | 3,028,000 |
| Total assets | US$ in thousands | 101,546,000 | 95,349,000 | 133,013,000 | 129,317,000 | 124,977,000 |
| ROA | 2.29% | 2.28% | 1.28% | 1.52% | 2.42% |
December 31, 2023 calculation
ROA = Net income ÷ Total assets
= $2,328,000K ÷ $101,546,000K
= 2.29%
Exelon Corp.'s return on assets (ROA) has exhibited variability over the past five years. The company's ROA stood at 2.29% as of December 31, 2023, which was a slight increase from 2.28% in the previous year. However, it was notably higher compared to 1.28% in 2021 but lower than the 1.52% reported in fiscal year 2020 and the 2.35% recorded in 2019. This trend suggests that Exelon's ability to generate earnings from its assets has fluctuated, showing improvement from the lower levels seen in 2021 but still slightly below the performance achieved in 2020 and 2019. Further analysis of the company's operational efficiency, asset management, and profit margins may provide insights into the factors driving these fluctuations in ROA.
Peer comparison
Dec 31, 2023