NorthWestern Corporation (NWE)
Return on assets (ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | ||
|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 224,111 | 226,701 | 209,217 |
| Total assets | US$ in thousands | 7,997,520 | 7,854,070 | 7,713,820 |
| ROA | 2.80% | 2.89% | 2.71% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $224,111K ÷ $7,997,520K
= 2.80%
Based on the data provided for NorthWestern Corporation's Return on Assets (ROA), we can observe a consistent performance in the second half of 2024.
The ROA for June 30, 2024, stood at 2.71%, which increased slightly to 2.89% by September 30, 2024. However, by the end of the year on December 31, 2024, the ROA moderated to 2.80%.
Overall, NorthWestern Corporation's ROA indicates that the company generated approximately 2.71% to 2.89% return on its assets during the period under review. This suggests that the company efficiently utilized its assets to generate profits, although there was a slight dip towards the end of the year. Further analysis of the company's operations and financial health would provide a more comprehensive understanding of its performance.
Peer comparison
Dec 31, 2024