UNITIL Corporation (UTL)
Operating return on assets (Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 90,600 | 90,200 | 92,400 | 91,800 | 87,100 | 84,900 | 84,100 | 84,200 | 80,500 | 81,300 | 81,300 | 80,200 | 77,800 | 76,700 | 76,900 | 77,200 | 71,400 | 68,100 | 70,700 | 71,900 |
| Total assets | US$ in thousands | 1,794,500 | 1,737,100 | 1,695,000 | 1,697,900 | 1,670,400 | 1,620,200 | 1,595,300 | 1,614,700 | 1,590,400 | 1,578,900 | 1,547,100 | 1,552,300 | 1,540,300 | 1,509,000 | 1,477,100 | 1,477,000 | 1,477,900 | 1,423,900 | 1,384,500 | 1,378,400 |
| Operating ROA | 5.05% | 5.19% | 5.45% | 5.41% | 5.21% | 5.24% | 5.27% | 5.21% | 5.06% | 5.15% | 5.25% | 5.17% | 5.05% | 5.08% | 5.21% | 5.23% | 4.83% | 4.78% | 5.11% | 5.22% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $90,600K ÷ $1,794,500K
= 5.05%
The operating return on assets (operating ROA) for UNITIL Corporation has fluctuated over the analyzed periods from March 31, 2020, to December 31, 2024. The operating ROA started at 5.22% in March 2020, slightly declined to 4.78% in September 2020, and then showed some improvement to 5.23% in March 2021. It continued to vary around the 5% mark until December 2023, where it reached 5.21%.
In the second half of 2024, the operating ROA fluctuated again, ranging from 5.05% in December 2024 to a peak of 5.45% in June 2024. Notably, the performance in the last four quarters of 2024 showed some volatility, with a decrease to 5.05% in December 2024 after reaching a high of 5.45% in June 2024.
Overall, UNITIL Corporation's operating ROA remained relatively stable within the range of 4.78% to 5.45% over the analyzed period, indicating that the company's ability to generate operating profits from its assets has remained consistent with some fluctuations in performance observed in certain quarters.
Peer comparison
Dec 31, 2024