Portland General Electric Co (POR)
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 | 512,000 | 396,000 | 397,000 | 378,000 | 269,000 |
| Total assets | US$ in thousands | 12,544,000 | 11,208,000 | 10,459,000 | 9,494,000 | 9,069,000 |
| Operating ROA | 4.08% | 3.53% | 3.80% | 3.98% | 2.97% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $512,000K ÷ $12,544,000K
= 4.08%
Portland General Electric Co's operating return on assets (operating ROA) has shown a consistent improvement over the past five years. The ratio has increased from 2.97% as of December 31, 2020, to 4.08% as of December 31, 2024. This indicates that the company is generating more operating income relative to its total assets, reflecting improved operational efficiency and profitability.
Although there was a slight dip in operating ROA from 2021 to 2023, the overall trend is positive. The stability and upward movement of the ratio suggest that Portland General Electric Co is effectively utilizing its assets to generate operating income.
Investors and stakeholders may view this trend positively as it demonstrates the company's ability to generate returns from its operational activities. However, it is important to continue monitoring this ratio to assess the company's ongoing operational performance and asset utilization efficiency.
Peer comparison
Dec 31, 2024