Permian Resources Corporation (PR)
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 | 1,744,530 | 1,096,510 | 1,007,540 | 370,618 | -89,247 |
| Total assets | US$ in thousands | 16,897,900 | 14,965,600 | 8,492,590 | 3,804,590 | 3,827,420 |
| Operating ROA | 10.32% | 7.33% | 11.86% | 9.74% | -2.33% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $1,744,530K ÷ $16,897,900K
= 10.32%
Permian Resources Corporation's operating return on assets (Operating ROA) has shown a fluctuating trend over the past five years. In 2020, the company reported a negative Operating ROA of -2.33%, indicating that the company's operating income was insufficient to cover its total assets.
However, there has been a notable improvement in the company's performance in the subsequent years. By the end of 2021, Permian Resources Corporation's Operating ROA improved significantly to 9.74%, implying that the company generated a positive return relative to its assets.
The positive trend continued in 2022, with the Operating ROA further increasing to 11.86%, indicating an even better utilization of assets to generate operating income.
In 2023, although there was a slight decrease in the Operating ROA to 7.33%, the company still managed to maintain a positive return on its assets.
By the end of 2024, Permian Resources Corporation's Operating ROA experienced another increase to 10.32%, suggesting that the company's operational efficiency and profitability were still on an upward trajectory.
Overall, the trend in Permian Resources Corporation's Operating ROA highlights an improvement in the company's operational performance and efficiency over the years, with the company successfully generating returns from its assets.
Peer comparison
Dec 31, 2024