Permian Resources Corporation (PR)
Operating return on assets (Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,768,890 | 1,809,003 | 1,720,554 | 1,443,500 | 1,199,633 | 1,072,962 | 988,319 | 1,004,164 | 933,101 | 767,714 | 641,877 | 501,723 | 370,618 | 150,473 | 22,387 | -137,514 | -780,120 | -707,366 | -664,158 | -534,250 |
| Total assets | US$ in thousands | 16,897,900 | 16,615,600 | 15,408,700 | 15,081,300 | 15,070,700 | 9,209,800 | 8,926,320 | 8,723,160 | 8,492,590 | 8,609,630 | 4,224,030 | 3,958,530 | 3,804,590 | 3,882,340 | 3,874,350 | 3,848,320 | 3,827,420 | 3,923,040 | 4,020,890 | 4,106,250 |
| Operating ROA | 10.47% | 10.89% | 11.17% | 9.57% | 7.96% | 11.65% | 11.07% | 11.51% | 10.99% | 8.92% | 15.20% | 12.67% | 9.74% | 3.88% | 0.58% | -3.57% | -20.38% | -18.03% | -16.52% | -13.01% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,768,890K ÷ $16,897,900K
= 10.47%
The operating return on assets (operating ROA) of Permian Resources Corporation has shown fluctuations over the stated time period from March 31, 2020, to December 31, 2024. The company's operating ROA started at a negative level in 2020, indicating that the company was not generating sufficient operating income relative to its assets.
However, there has been a gradual improvement in the operating ROA since then, with the ratio turning positive in March 2021 and showing a consistent upward trend thereafter. This improvement suggests that Permian Resources Corporation has been able to enhance its operational efficiency and generate higher operating profits in relation to its assets.
The operating ROA reached its peak at 15.20% in June 30, 2022, indicating a significant improvement in the company's ability to utilize its assets effectively to generate operating income. Although there were some fluctuations in the following quarters, the operating ROA remained relatively stable above 10% until December 31, 2024, indicating continued positive performance in terms of asset utilization and profitability.
In conclusion, Permian Resources Corporation has demonstrated a positive trend in its operating return on assets over the analyzed period, reflecting improved operational performance and efficiency in utilizing its assets to generate operating profits.
Peer comparison
Dec 31, 2024