PG&E Corp (PCG)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 4,459,000 | 2,671,000 | 1,837,000 | 1,883,000 | 1,755,000 |
| Total assets | US$ in thousands | 133,660,000 | 125,698,000 | 118,644,000 | 103,327,000 | 97,856,000 |
| Operating ROA | 3.34% | 2.12% | 1.55% | 1.82% | 1.79% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $4,459,000K ÷ $133,660,000K
= 3.34%
The operating return on assets (operating ROA) for PG&E Corp has demonstrated a fluctuating trend over the years based on the provided data.
As of December 31, 2020, PG&E Corp had an operating ROA of 1.79%, which slightly increased to 1.82% by December 31, 2021. However, by December 31, 2022, the operating ROA decreased to 1.55%.
The trend reversed in the subsequent years with a notable improvement in performance. By December 31, 2023, the operating ROA increased to 2.12%, indicating a positive shift in asset utilization and operational efficiency.
The most significant improvement was observed by December 31, 2024, where the operating ROA surged to 3.34%, reflecting a substantial enhancement in generating operating profits relative to the assets employed.
Overall, the analysis suggests that PG&E Corp's operating ROA has experienced fluctuations in the past few years, with a notable improvement in performance towards the end of the period under consideration. It indicates the company's ability to effectively utilize its assets to generate operating profits, highlighting potential positive trends in operational efficiency.
Peer comparison
Dec 31, 2024