Sempra Energy (SRE)
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 | 920,000 | 4,548,000 | 3,599,000 | 1,633,000 | 2,203,000 |
Total assets | US$ in thousands | 96,155,000 | 87,181,000 | 78,574,000 | 72,045,000 | 66,623,000 |
Operating ROA | 0.96% | 5.22% | 4.58% | 2.27% | 3.31% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $920,000K ÷ $96,155,000K
= 0.96%
The operating return on assets (ROA) of Sempra Energy, as indicated by the provided data, has exhibited fluctuation over the five-year period from December 31, 2020, to December 31, 2024.
Initially, on December 31, 2020, the operating ROA stood at 3.31%. However, there was a decline in 2021, with the operating ROA decreasing to 2.27%.
Subsequently, there was a notable improvement in the operating ROA in 2022, reaching 4.58%, followed by a further increase to 5.22% by December 31, 2023. This upward trend suggests enhanced operational efficiency and profitability during these years.
Nevertheless, there was a significant decrease in the operating ROA by the end of 2024, dropping to 0.96%. This decline may indicate challenges or issues impacting the company's ability to generate profits from its assets efficiently during that period.
Overall, the fluctuation in Sempra Energy's operating ROA over the five-year period illustrates varying levels of asset utilization and operational performance, which may be influenced by internal and external factors affecting the company's financial performance.
Peer comparison
Dec 31, 2024