Nextera Energy Inc (NEE)
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 | 7,496,000 | 9,215,000 | 8,195,000 | 9,308,000 | 10,237,000 | 9,622,000 | 9,648,000 | 7,797,000 | 4,115,000 | 3,425,000 | 1,942,000 | 1,504,000 | 2,913,000 | 2,499,000 | 3,128,000 | 3,804,000 | 5,116,000 | 5,053,000 | 5,638,000 | 6,199,000 |
| Total assets | US$ in thousands | 190,144,000 | 186,013,000 | 184,724,000 | 179,950,000 | 177,489,000 | 171,674,000 | 168,275,000 | 165,357,000 | 158,935,000 | 156,409,000 | 151,770,000 | 144,945,000 | 140,912,000 | 139,163,000 | 135,013,000 | 132,441,000 | 127,684,000 | 126,382,000 | 121,961,000 | 120,637,000 |
| Operating ROA | 3.94% | 4.95% | 4.44% | 5.17% | 5.77% | 5.60% | 5.73% | 4.72% | 2.59% | 2.19% | 1.28% | 1.04% | 2.07% | 1.80% | 2.32% | 2.87% | 4.01% | 4.00% | 4.62% | 5.14% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $7,496,000K ÷ $190,144,000K
= 3.94%
Nextera Energy Inc's operating return on assets (operating ROA) has exhibited fluctuations over the period from March 31, 2020, to December 31, 2024. The operating ROA started at 5.14% in March 31, 2020, declined to 1.04% in March 31, 2022, and then demonstrated an upward trend reaching 5.77% in December 31, 2023. However, there was a slight decrease to 3.94% in December 31, 2024.
The variations in operating ROA suggest that Nextera Energy Inc's ability to generate operating profits from its assets has fluctuated during this period. It is important to further investigate the reasons behind these fluctuations to understand the company's operational efficiency and profitability.
Analysts typically consider a higher operating ROA to be a positive indicator, as it shows that the company is utilizing its assets effectively to generate profits. Conversely, a declining operating ROA may indicate inefficiencies in operations or the need for improvements in asset management.
Overall, a detailed analysis of Nextera Energy Inc's operating ROA trends over time can provide valuable insights into the company's operational performance and help assess its financial health.
Peer comparison
Dec 31, 2024