Southwestern Energy Company (SWN)

Return on assets (ROA)

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	1,557,000	5,116,000	5,521,000	6,463,000	1,849,000	1,309,000	-998,000	-2,780,000	-25,000	-2,478,000	-1,214,000	-1,485,000	-3,112,000	-2,910,000	-2,268,000	-1,250,000	891,000	1,088,000	1,010,000	923,000
Total assets	US$ in thousands	11,991,000	12,973,000	13,001,000	12,937,000	12,926,000	13,104,000	12,932,000	11,847,000	11,848,000	9,241,000	5,394,000	5,247,000	5,160,000	4,157,000	4,555,000	5,275,000	6,717,000	6,598,000	6,545,000	6,446,000
ROA		12.98%	39.44%	42.47%	49.96%	14.30%	9.99%	-7.72%	-23.47%	-0.21%	-26.82%	-22.51%	-28.30%	-60.31%	-70.00%	-49.79%	-23.70%	13.26%	16.49%	15.43%	14.32%

December 31, 2023 calculation

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

Southwestern Energy Company's return on assets (ROA) has shown volatility in recent quarters. The company's ROA for Q4 2023 stood at 12.98%, significantly lower than the previous quarter's 39.44% and 42.47% in Q2 2023. The ROA peaked in Q1 2023 at 49.96%, indicating strong asset utilization efficiency during that period.

Comparing the latest ROA of 12.98% to historical data, it is higher than the ROA reported in Q4 2022 at 14.30%. However, it is noteworthy that the company had negative ROA figures in Q2 2022 and Q1 2022, indicating poor asset performance during those periods.

Overall, Southwestern Energy Company's ROA has been fluctuating, with some periods of strong asset utilization efficiency and others showing challenges in generating returns from its assets. Investors and stakeholders should monitor the company's ability to effectively utilize its assets in generating profits for sustainable long-term growth.