Sempra Energy (SRE)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,862,000 | 2,934,000 | 3,017,000 | 2,907,000 | 3,075,000 | 2,776,000 | 2,540,000 | 2,496,000 | 2,139,000 | 2,305,000 | 1,172,000 | 1,046,000 | 1,318,000 | 1,117,000 | 2,105,000 | 3,899,000 | 3,764,000 | 3,797,000 | 4,259,000 | 2,374,000 |
| Total assets | US$ in thousands | 96,155,000 | 93,748,000 | 90,473,000 | 89,604,000 | 87,181,000 | 85,735,000 | 82,727,000 | 80,549,000 | 78,574,000 | 75,563,000 | 75,582,000 | 74,922,000 | 72,045,000 | 70,472,000 | 68,608,000 | 67,821,000 | 66,623,000 | 67,222,000 | 68,385,000 | 68,293,000 |
| ROA | 2.98% | 3.13% | 3.33% | 3.24% | 3.53% | 3.24% | 3.07% | 3.10% | 2.72% | 3.05% | 1.55% | 1.40% | 1.83% | 1.59% | 3.07% | 5.75% | 5.65% | 5.65% | 6.23% | 3.48% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $2,862,000K ÷ $96,155,000K
= 2.98%
Return on assets (ROA) is a key profitability ratio that measures how effectively a company generates profit from its assets. For Sempra Energy, the ROA fluctuated over the reported periods, ranging from a low of 1.40% to a high of 6.23%.
In general, a higher ROA indicates that the company is more efficiently utilizing its assets to generate profit. The upward trend from March 2020 to June 2020 suggests improving asset utilization and profitability. However, the subsequent decrease in ROA through September 2021 indicates a potential decline in profitability relative to the assets employed.
From September 2021 to December 2024, the ROA remained relatively stable between 1.55% and 3.53%. This stability can indicate consistent performance in generating profit from assets during this period. Nonetheless, management may need to assess strategies to maintain or enhance ROA levels to ensure sustained profitability and efficient asset utilization in the future.
Peer comparison
Dec 31, 2024