Northwest Natural Gas Co (NWN)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 78,509 | 78,509 | 81,989 | 86,020 | 93,868 | 97,164 | 101,264 | 101,735 | 86,303 | 78,895 | 77,827 | 75,388 | 78,666 | 90,185 | 92,928 | 88,800 | 76,781 | 61,474 | 60,085 | 66,032 |
| Total assets | US$ in thousands | 5,234,320 | 4,944,370 | 4,822,370 | 4,849,070 | 4,934,590 | 4,665,120 | 4,536,700 | 4,592,100 | 4,748,330 | 4,300,710 | 4,100,520 | 4,054,630 | 4,064,600 | 3,929,220 | 3,783,500 | 3,758,620 | 3,756,380 | 3,618,100 | 3,641,350 | 4,001,530 |
| ROA | 1.50% | 1.59% | 1.70% | 1.77% | 1.90% | 2.08% | 2.23% | 2.22% | 1.82% | 1.83% | 1.90% | 1.86% | 1.94% | 2.30% | 2.46% | 2.36% | 2.04% | 1.70% | 1.65% | 1.65% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $78,509K ÷ $5,234,320K
= 1.50%
Northwest Natural Gas Co's return on assets (ROA) has shown fluctuating trends over the periods analyzed. The ROA increased from 1.65% in March 2020 to reach a peak of 2.46% in June 2021, indicating improved efficiency in generating profits from its assets. However, the ROA started to decline after June 2021, dropping to 1.50% by December 2024.
The company experienced a notable decline in ROA from September 2021 to December 2024, possibly signaling challenges or inefficiencies in managing its assets effectively to generate earnings. Overall, the ROA trend suggests varying levels of profitability in relation to its assets during the analyzed period. Further analysis and investigation may be needed to understand the factors contributing to these fluctuations in ROA.
Peer comparison
Dec 31, 2024