Knife River Corporation (KNF)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 316,195 | 309,356 | 310,440 | 287,194 | 296,358 | 264,988 | 197,486 | 164,394 | 164,352 |
| Total assets | US$ in thousands | 2,851,200 | 2,884,120 | 2,682,860 | 2,513,640 | 2,599,800 | 2,680,880 | 2,642,900 | 2,326,770 | 2,505,750 |
| Operating ROA | 11.09% | 10.73% | 11.57% | 11.43% | 11.40% | 9.88% | 7.47% | 7.07% | 6.56% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $316,195K ÷ $2,851,200K
= 11.09%
Knife River Corporation's operating return on assets (operating ROA) has shown a positive trend over the analyzed period. Starting at 6.56% on December 31, 2022, the operating ROA increased steadily to reach 11.09% on December 31, 2024.
Throughout the period, the operating ROA demonstrated fluctuations, with some quarters showing more significant changes compared to others. Notable increases were observed from September 30, 2023 (9.88%) to March 31, 2024 (11.43%) and from June 30, 2024 (11.57%) to September 30, 2024 (10.73%).
Overall, the operating ROA for Knife River Corporation suggests that the company's operational efficiency in generating profits from its assets improved during the analyzed period. The consistent upward trend indicates effective management of both assets and operations, which is a positive sign for the company's financial performance and value creation.
Peer comparison
Dec 31, 2024