SJW Group Common Stock (SJW)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 93,967 | 84,987 | 73,828 | 60,478 | 61,515 |
| Total assets | US$ in thousands | 1,956,220 | 4,345,070 | 3,632,620 | 3,485,970 | 3,319,130 |
| ROA | 4.80% | 1.96% | 2.03% | 1.73% | 1.85% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $93,967K ÷ $1,956,220K
= 4.80%
The return on assets (ROA) of SJW Group Common Stock has shown fluctuations over the past five years. In December 2020, the ROA was 1.85%, which decreased slightly to 1.73% by December 2021. However, in December 2022, there was a notable increase in ROA to 2.03%, indicating improved efficiency in generating profits from its assets. The ROA remained relatively stable in December 2023 at 1.96%. Notably, there was a significant surge in ROA to 4.80% by December 2024, suggesting a substantial improvement in the company's ability to generate profits relative to its total assets. This upward trend in ROA from 2022 to 2024 reflects potential enhancements in operational efficiency and profitability for SJW Group Common Stock, which could be of interest to investors assessing the company's financial performance.
Peer comparison
Dec 31, 2024