NorthWestern Corporation (NWE)
Operating return on assets (Operating ROA)
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | ||
---|---|---|---|---|
Operating income (ttm) | US$ in thousands | 323,321 | 334,788 | 322,485 |
Total assets | US$ in thousands | 7,997,520 | 7,854,070 | 7,713,820 |
Operating ROA | 4.04% | 4.26% | 4.18% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $323,321K ÷ $7,997,520K
= 4.04%
NorthWestern Corporation's operating return on assets (ROA) for the periods ending June 30, 2024, September 30, 2024, and December 31, 2024, were 4.18%, 4.26%, and 4.04%, respectively. The operating ROA indicates the company's ability to generate profits from its operational activities relative to its total assets.
The trend in NorthWestern Corporation's operating ROA shows some fluctuation over the quarters analyzed. A slight decrease was observed from September to December 2024, indicating a potential decrease in operational efficiency or profitability during the last quarter of the year.
NorthWestern Corporation should continue to monitor its operating ROA closely to ensure efficient utilization of assets and sustained profitability in its core operational activities. Additional analysis of the company's operational performance and asset management may provide insights for improving the operating ROA in the future.
Peer comparison
Dec 31, 2024