Talos Energy (TALO)

Return on assets (ROA)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	187,332	381,915	-182,952	-465,605	58,729
Total assets	US$ in thousands	4,816,310	3,058,630	2,766,820	2,834,550	2,589,480
ROA		3.89%	12.49%	-6.61%	-16.43%	2.27%

December 31, 2023 calculation

ROA = Net income ÷ Total assets
= $187,332K ÷ $4,816,310K
= 3.89%

Talos Energy Inc's return on assets (ROA) has displayed volatility over the past five years. In 2023, the ROA stood at 3.89%, indicating that the company generated approximately $0.039 in earnings for every dollar of assets. This represents a significant decrease from the previous year, where the ROA was 12.49%.

The negative ROA values in 2021 (-6.61%) and 2020 (-16.43%) suggest that the company experienced challenges in generating profits relative to its asset base during those years. However, in 2019, the ROA was positive at 2.27%, indicating a moderate level of profitability.

Overall, Talos Energy Inc's ROA trend highlights fluctuations in the company's ability to efficiently utilize its assets to generate earnings. Further analysis and comparison with industry peers would provide deeper insights into the company's operational efficiency and profitability.