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