Southwestern Energy Company (SWN)

Return on assets (ROA)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	1,557,000	1,849,000	-25,000	-3,112,000	891,000
Total assets	US$ in thousands	11,991,000	12,926,000	11,848,000	5,160,000	6,717,000
ROA		12.98%	14.30%	-0.21%	-60.31%	13.26%

December 31, 2023 calculation

ROA = Net income ÷ Total assets
= $1,557,000K ÷ $11,991,000K
= 12.98%

Southwestern Energy Company's return on assets (ROA) has displayed variations over the past five years. In 2023, the ROA stands at 12.98%, indicating that the company generated approximately 12.98 cents of profit for every dollar of assets it owns.

Comparing this to the previous years:
- In 2022, the ROA was 14.30%, showing a slight decrease from the current year.
- In 2021, the ROA was -0.21%, signifying a negative return on assets, possibly due to challenges faced by the company during that period.
- In 2020, the ROA was notably low at -60.31%, indicating significant losses in relation to its asset base.
- In 2019, the ROA was 13.26%, reflecting a return similar to the current year.

Overall, the company has shown a mix of positive and negative ROA levels in the recent past. It is essential for Southwestern Energy Company to assess the factors influencing these fluctuations to sustain its profitability and efficiency in utilizing its assets effectively.