UNITIL Corporation (UTL)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 90,600 | 87,100 | 80,500 | 77,800 | 71,400 |
| Total assets | US$ in thousands | 1,794,500 | 1,670,400 | 1,590,400 | 1,540,300 | 1,477,900 |
| Operating ROA | 5.05% | 5.21% | 5.06% | 5.05% | 4.83% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $90,600K ÷ $1,794,500K
= 5.05%
UNITIL Corporation's operating return on assets (ROA) has shown a consistent positive trend over the years. The operating ROA increased from 4.83% as of December 31, 2020, to 5.05% as of December 31, 2021. It continued to improve slightly to 5.06% as of December 31, 2022, and further to 5.21% as of December 31, 2023. However, there was a slight dip to 5.05% as of December 31, 2024.
This pattern indicates that UNITIL Corporation has been effectively generating operating income relative to its asset base, showcasing efficiency in asset utilization and operational performance. The overall trend suggests that the company has been able to maintain a stable and satisfactory level of operating ROA, which is a positive signal for investors and stakeholders in assessing the company's operational efficiency and profitability.
Peer comparison
Dec 31, 2024