UNITIL Corporation (UTL)

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	47,100	47,000	48,400	48,300	45,200	44,200	43,300	44,000	41,400	41,400	40,900	38,700	36,100	35,200	35,500	35,900	32,200	30,000	32,000	32,900
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
ROA		2.62%	2.71%	2.86%	2.84%	2.71%	2.73%	2.71%	2.72%	2.60%	2.62%	2.64%	2.49%	2.34%	2.33%	2.40%	2.43%	2.18%	2.11%	2.31%	2.39%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $47,100K ÷ $1,794,500K
= 2.62%

Based on the data provided, UNITIL Corporation's return on assets (ROA) has shown some fluctuations over the past few years. The ROA ranged from a low of 2.11% in September 30, 2020, to a high of 2.86% in June 30, 2024.

The overall trend indicates that UNITIL's ROA has generally remained relatively stable, with some slight variations during the period under review. Despite some fluctuations, the ROA has mostly stayed within the range of 2.11% to 2.86%.

It is important to note that a higher ROA signifies that the company is generating more profit from its assets, while a lower ROA may indicate inefficiency in asset utilization. UNITIL's ROA performance suggests that the company has been able to effectively generate returns from its assets, albeit with some variability.

Further analysis and comparison with industry benchmarks may provide additional insights into UNITIL's financial performance and efficiency in utilizing its assets effectively.