Public Service Enterprise Group Inc (PEG)
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 | 2,353,000 | 3,685,000 | 1,381,000 | -856,000 | 2,270,000 |
| Total assets | US$ in thousands | 54,640,000 | 50,741,000 | 48,718,000 | 48,999,000 | 50,050,000 |
| Operating ROA | 4.31% | 7.26% | 2.83% | -1.75% | 4.54% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $2,353,000K ÷ $54,640,000K
= 4.31%
Based on the provided data, Public Service Enterprise Group Inc's operating return on assets (Operating ROA) has fluctuated over the past five years as follows:
- As of December 31, 2020, the operating ROA was 4.54%, indicating that for every dollar of assets, the company generated a return of 4.54% from its operations.
- By December 31, 2021, the operating ROA decreased significantly to -1.75%, reflecting a negative return on assets, suggesting that the company's operating performance did not generate a sufficient return relative to its asset base.
- However, the company saw an improvement in its operating performance by December 31, 2022, with the operating ROA increasing to 2.83%.
- Subsequently, by December 31, 2023, the operating ROA improved further to 7.26%, indicating a significant enhancement in the company's ability to generate returns from its operational activities.
- As of December 31, 2024, the operating ROA stood at 4.31%, reflecting a positive return on assets, though slightly lower compared to the preceding year.
Overall, the trend in Public Service Enterprise Group Inc's operating ROA shows some variability, with periods of both positive and negative returns. It is essential for investors and stakeholders to closely monitor these fluctuations to assess the company's operational efficiency and profitability over time.
Peer comparison
Dec 31, 2024