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 | ||
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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.
Peer comparison
Dec 31, 2024