Public Service Enterprise Group Inc (PEG)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 2,463,000 | 2,569,000 | 2,722,000 | 3,685,000 | 3,957,000 | 3,579,000 | 3,081,000 | 1,381,000 | 1,319,000 | -1,059,000 | -1,649,000 | -856,000 | -1,325,000 | 1,513,000 | 2,214,000 | 2,270,000 | 2,344,000 | 2,201,000 | 1,954,000 | 1,943,000 |
| Total assets | US$ in thousands | 54,640,000 | 54,080,000 | 52,388,000 | 50,741,000 | 49,552,000 | 49,505,000 | 49,409,000 | 48,718,000 | 47,741,000 | 49,608,000 | 47,774,000 | 48,999,000 | 49,426,000 | 49,292,000 | 50,206,000 | 50,050,000 | 49,576,000 | 48,780,000 | 48,365,000 | 47,730,000 |
| Operating ROA | 4.51% | 4.75% | 5.20% | 7.26% | 7.99% | 7.23% | 6.24% | 2.83% | 2.76% | -2.13% | -3.45% | -1.75% | -2.68% | 3.07% | 4.41% | 4.54% | 4.73% | 4.51% | 4.04% | 4.07% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $2,463,000K ÷ $54,640,000K
= 4.51%
Public Service Enterprise Group Inc's operating return on assets (operating ROA) fluctuated over the observed period. The company's operating ROA ranged from a low of -3.45% in March 2022 to a high of 7.99% in September 2023. Generally, the operating ROA showed improvement in the latter part of the period, increasing from negative values to positive levels. This improvement indicates that the company's operating performance in generating earnings from its assets became more favorable. However, there were some fluctuations in the interim periods, with variations in operating ROA values.
Overall, the trend in the operating ROA suggests that Public Service Enterprise Group Inc has managed to enhance its asset utilization and operational efficiency over time. Investors and stakeholders may find the increasing trend in operating ROA as a positive indicator of the company's ability to generate returns from its operational activities. It is important for the company to sustain this positive trend in operating ROA to ensure continued financial health and value creation for its shareholders.
Peer comparison
Dec 31, 2024