FirstEnergy Corporation (FE)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 2,375,000 | 2,266,000 | 2,623,000 | 2,746,000 | 2,162,000 |
| Total assets | US$ in thousands | 52,044,000 | 48,767,000 | 46,108,000 | 45,432,000 | 44,464,000 |
| Operating ROA | 4.56% | 4.65% | 5.69% | 6.04% | 4.86% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $2,375,000K ÷ $52,044,000K
= 4.56%
FirstEnergy Corporation's operating return on assets (operating ROA) has shown fluctuations over the past five years. The trend reveals an increase in operating ROA from 4.86% as of December 31, 2020, to a peak of 6.04% by December 31, 2021. However, there was a slight decline in operating ROA to 5.69% by the end of 2022 and further to 4.65% by the end of 2023. The operating ROA continued to decrease to 4.56% as of December 31, 2024.
The varying levels of operating ROA suggest that FirstEnergy Corporation's ability to generate operating profits relative to its total assets has seen both improvements and declines. Investors and stakeholders may want to further investigate the reasons behind these fluctuations in operating ROA to assess the company's operational efficiency and profitability prospects moving forward.
Peer comparison
Dec 31, 2024