SJW Group Common Stock (SJW)
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 | 170,503 | 163,329 | 161,582 | 152,170 | 149,435 | 163,327 | 144,323 | 139,567 | 127,472 | 108,754 | 104,926 | 111,163 | 111,159 | 103,782 | 111,891 | 115,322 | 117,670 | 99,396 | 74,597 | 60,498 |
| Total assets | US$ in thousands | 4,658,310 | 4,552,300 | 4,439,430 | 4,367,510 | 4,426,290 | 3,843,430 | 3,712,160 | 3,652,500 | 3,632,620 | 3,604,700 | 3,541,050 | 3,511,880 | 3,485,970 | 3,469,740 | 3,409,520 | 3,332,140 | 3,319,130 | 3,259,710 | 3,209,980 | 3,174,300 |
| Operating ROA | 3.66% | 3.59% | 3.64% | 3.48% | 3.38% | 4.25% | 3.89% | 3.82% | 3.51% | 3.02% | 2.96% | 3.17% | 3.19% | 2.99% | 3.28% | 3.46% | 3.55% | 3.05% | 2.32% | 1.91% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $170,503K ÷ $4,658,310K
= 3.66%
The operating return on assets (operating ROA) for SJW Group Common Stock has exhibited variability over the analyzed period. The trend shows fluctuations in the operating ROA, starting at 1.91% on March 31, 2020, reaching a peak of 4.25% on September 30, 2023, and then stabilizing around 3.5% in recent periods.
The operating ROA is an indicator of the company's efficiency in generating profits from its assets related to core operations. The upward trend from 2020 to 2023 indicates that the company was able to improve its operational efficiency and profitability during this period. However, the slight decline from the peak in the later periods could suggest potential challenges or changes in the company's operations.
Overall, SJW Group Common Stock's operating ROA performance demonstrates a relatively positive trajectory, with some fluctuations along the way. It is essential for investors and stakeholders to monitor future financial reports to assess the company's ability to maintain and potentially improve its operational efficiency and profitability.
Peer comparison
Dec 31, 2024