Portland General Electric Co (POR)
Operating return on assets (Operating ROA)
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 396,000 | 370,000 | 377,000 | 408,000 | 397,000 | 411,000 | 402,000 | 351,000 | 378,000 | 358,000 | 259,000 | 269,000 | 269,000 | 285,000 | 389,000 | 375,000 | 353,000 | 331,000 | 334,000 | 357,000 |
| Total assets | US$ in thousands | 11,208,000 | 10,603,000 | 10,370,000 | 10,151,000 | 10,459,000 | 9,849,000 | 9,783,000 | 9,723,000 | 9,494,000 | 9,542,000 | 9,099,000 | 9,069,000 | 9,069,000 | 8,869,000 | 8,805,000 | 8,470,000 | 8,394,000 | 8,154,000 | 7,997,000 | 7,948,000 |
| Operating ROA | 3.53% | 3.49% | 3.64% | 4.02% | 3.80% | 4.17% | 4.11% | 3.61% | 3.98% | 3.75% | 2.85% | 2.97% | 2.97% | 3.21% | 4.42% | 4.43% | 4.21% | 4.06% | 4.18% | 4.49% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $396,000K ÷ $11,208,000K
= 3.53%
Based on the data provided, Portland General Electric Co's operating return on assets (operating ROA) has fluctuated over the past eight quarters. The operating ROA ranged from a low of 3.49% in Q3 2023 to a high of 4.17% in Q3 2022.
The trend shows some variability, with peaks and troughs in the operating ROA values. Overall, the company's operating ROA has been relatively stable, staying within the range of 3.49% to 4.17% over the past eight quarters.
It is worth noting that a higher operating ROA indicates that the company is generating more operating income relative to its total assets, which is a positive sign of efficiency in asset utilization. Conversely, a lower operating ROA may suggest inefficiencies in utilizing assets to generate operating income.
Further analysis and comparison with industry benchmarks or historical data could provide deeper insights into Portland General Electric Co's operating performance and efficiency in utilizing its assets.
Peer comparison
Dec 31, 2023