FirstEnergy Corporation (FE)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 2,375,000 | 2,330,000 | 2,269,000 | 2,327,000 | 2,266,000 | 2,399,000 | 2,238,000 | 2,204,000 | 2,212,000 | 1,735,000 | 1,861,000 | 1,726,000 | 1,726,000 | 1,896,000 | 1,986,000 | 2,189,000 | 2,162,000 | 2,383,000 | 2,343,000 | 2,413,000 |
| Total assets | US$ in thousands | 52,044,000 | 50,756,000 | 51,021,000 | 51,299,000 | 48,767,000 | 47,471,000 | 47,065,000 | 46,479,000 | 46,108,000 | 44,851,000 | 45,120,000 | 44,617,000 | 45,432,000 | 43,854,000 | 44,363,000 | 44,117,000 | 44,464,000 | 42,922,000 | 42,403,000 | 42,090,000 |
| Operating ROA | 4.56% | 4.59% | 4.45% | 4.54% | 4.65% | 5.05% | 4.76% | 4.74% | 4.80% | 3.87% | 4.12% | 3.87% | 3.80% | 4.32% | 4.48% | 4.96% | 4.86% | 5.55% | 5.53% | 5.73% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $2,375,000K ÷ $52,044,000K
= 4.56%
FirstEnergy Corporation's operating return on assets (ROA) has demonstrated some fluctuations over the period from March 31, 2020, to December 31, 2024. The operating ROA started at 5.73% on March 31, 2020, and gradually declined to 4.80% by December 31, 2022. From the data, we observe that there was an upward trend in operating ROA from September 30, 2023 (5.05%) to September 30, 2024 (4.59%), followed by a slight increase to 4.56% by December 31, 2024.
The downward trend in operating ROA from 5.73% in March 2020 to 4.80% by December 2022 could indicate potential inefficiencies or challenges in utilizing the company's assets to generate operating income during this period. However, the subsequent increase in operating ROA from September 30, 2023 to December 31, 2024 suggests a potential improvement in asset utilization and operational efficiency.
Overall, it is important for FirstEnergy Corporation to continue monitoring and managing its operating ROA to ensure effective asset utilization and sustainable profitability in the future.
Peer comparison
Dec 31, 2024