Talos Energy (TALO)

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 -76,393 74,013 -16,263 -14,967 187,332 104,184 356,752 538,216 381,915 460,177 193,021 -127,902 -182,952 -694,707 -730,016 -744,845 -465,605 -34,558 90,739 326,114
Total assets US$ in thousands 6,191,800 6,399,080 6,361,860 6,434,380 4,816,310 4,753,100 4,805,410 4,795,760 3,058,630 2,813,370 2,863,100 2,810,490 2,766,820 2,786,160 2,852,160 2,839,690 2,834,550 3,172,280 3,174,650 3,238,190
ROA -1.23% 1.16% -0.26% -0.23% 3.89% 2.19% 7.42% 11.22% 12.49% 16.36% 6.74% -4.55% -6.61% -24.93% -25.60% -26.23% -16.43% -1.09% 2.86% 10.07%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $-76,393K ÷ $6,191,800K
= -1.23%

The return on assets (ROA) for Talos Energy has fluctuated over the past few years. Starting from a positive 10.07% in March 2020, the ROA declined significantly throughout 2020 and early 2021, reaching negative values, indicating that the company was not generating profits in relation to its assets during that period.

However, there was a turnaround in mid-2021, with the ROA gradually improving and turning positive again in June 2022. This positive trend continued through 2023, indicating improved efficiency in utilizing assets to generate profits.

Although there were some minor fluctuations in the ROA in the subsequent quarters of 2024, overall, the ROA remained positive, ranging from 1.16% to -0.26%.

The positive ROA values in recent quarters suggest that Talos Energy has been able to generate an acceptable level of profit relative to its assets, indicating improved financial performance and efficiency in utilizing its resources effectively.