Portland General Electric Co (POR)

Return on assets (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
Net income (ttm) US$ in thousands 228,000 211,000 222,000 247,000 233,000 248,000 240,000 208,000 244,000 230,000 163,000 170,000 155,000 164,000 236,000 222,000 214,000 202,000 200,000 221,000
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
ROA 2.03% 1.99% 2.14% 2.43% 2.23% 2.52% 2.45% 2.14% 2.57% 2.41% 1.79% 1.87% 1.71% 1.85% 2.68% 2.62% 2.55% 2.48% 2.50% 2.78%

December 31, 2023 calculation

ROA = Net income (ttm) ÷ Total assets
= $228,000K ÷ $11,208,000K
= 2.03%

Portland General Electric Co's Return on Assets (ROA) has fluctuated over the past eight quarters, ranging from 1.99% to 2.52%. In the most recent quarter, Q4 2023, the ROA stood at 2.03%. This indicates that for every dollar of assets the company holds, it generated a return of 2.03 cents in net income.

The ROA trend shows some variability but generally ranges around the 2% mark, exhibiting a consistent ability to generate earnings in relation to its total assets. The highest ROA was observed in Q3 2022 at 2.52%, while the lowest was in Q3 2023 at 1.99%. Despite these fluctuations, the company has maintained a relatively stable performance in utilizing its assets to generate profits.

Overall, the ROA analysis suggests that Portland General Electric Co is effectively utilizing its assets to generate returns for its shareholders, indicating operational efficiency and sound financial management.


Peer comparison

Dec 31, 2023