Exelon Corporation (EXC)

Return on assets (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
Net income (ttm)	US$ in thousands	2,329,000	2,144,000	2,120,000	2,242,000	2,170,000	2,129,000	2,656,000	2,592,000	1,706,000	1,674,000	972,000	1,092,000	1,963,000	2,566,000	2,837,000	2,800,000	3,125,000	2,845,000	2,806,000	2,861,000
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
ROA		2.29%	2.16%	2.16%	2.31%	2.28%	2.28%	2.88%	2.80%	1.28%	1.26%	0.75%	0.84%	1.52%	2.01%	2.25%	2.25%	2.50%	2.32%	2.31%	2.35%

December 31, 2023 calculation

ROA = Net income (ttm) ÷ Total assets
= $2,329,000K ÷ $101,546,000K
= 2.29%

Exelon Corp.'s return on assets (ROA) has shown relatively stable performance over the past eight quarters. The ROA ranged from 2.16% to 2.31% during this period, with Q2 and Q3 of 2022 showing slightly higher ROA figures of 2.88% and 2.80%, respectively.

The consistency in ROA indicates that Exelon Corp. is effectively generating profits relative to its total assets. However, it is worth noting that the ROA experienced a slight dip in the most recent quarter (Q4 2023) compared to the previous quarters. This may warrant further investigation to understand the factors contributing to this decline and assess the company's ability to maintain or improve its profitability in the future.

Overall, Exelon Corp. has demonstrated a reasonable level of efficiency in utilizing its assets to generate returns for shareholders, although periodic fluctuations in ROA should be monitored for potential implications on the company's financial performance.