Vistra Energy Corp (VST)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,659,000 | 1,493,000 | -1,210,000 | -1,264,000 | 636,000 |
| Total assets | US$ in thousands | 37,770,000 | 32,966,000 | 32,787,000 | 29,683,000 | 25,208,000 |
| ROA | 7.04% | 4.53% | -3.69% | -4.26% | 2.52% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $2,659,000K ÷ $37,770,000K
= 7.04%
Based on the provided data, Vistra Energy Corp's return on assets (ROA) has fluctuated over the past five years.
1. As of December 31, 2020, the ROA was 2.52%. This indicates that for every dollar of assets Vistra Energy Corp had, it generated a return of 2.52 cents.
2. However, the ROA showed a decline in the following years:
- By December 31, 2021, the ROA had turned negative at -4.26%, indicating that the company was generating a loss relative to its assets.
- The negative trend continued through December 31, 2022, with an ROA of -3.69%.
3. The performance improved significantly as of December 31, 2023, with a ROA of 4.53%, suggesting that the company had started to generate a positive return on its assets.
4. By December 31, 2024, the ROA further increased to 7.04%, indicating that the company was utilizing its assets more efficiently to generate a higher return compared to previous years.
In conclusion, Vistra Energy Corp's ROA has shown volatility over the five-year period, with periods of negative returns followed by a strong recovery and improved performance. This analysis highlights the importance of monitoring ROA as a key indicator of the company's asset utilization and profitability.
Peer comparison
Dec 31, 2024