Portland General Electric Co (POR)
Return on assets (ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 313,000 | 343,000 | 296,000 | 263,000 | 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 |
| Total assets | US$ in thousands | 12,544,000 | 11,881,000 | 11,582,000 | 11,588,000 | 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 |
| ROA | 2.50% | 2.89% | 2.56% | 2.27% | 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $313,000K ÷ $12,544,000K
= 2.50%
Portland General Electric Co's return on assets (ROA) has shown fluctuations over the past few years, ranging from 1.71% to 2.89%. The ROA was relatively stable in the range of 1.85% to 2.68% for the period from March 2020 to June 2022. There was a notable increase in ROA in the subsequent quarters, reaching as high as 2.89% by September 30, 2024, signaling increased efficiency in generating profits from its assets.
However, the ROA dipped slightly in the following quarters but remained above 2%. Overall, the company's ability to generate profits from its assets improved over the period under consideration. It is important for investors and stakeholders to monitor this metric to assess the company's asset utilization and profitability going forward.
Peer comparison
Dec 31, 2024