Vistra Energy Corp (VST)
Return on assets (ROA)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,493,000 | -1,227,000 | -1,274,000 | 636,000 | 928,000 |
| Total assets | US$ in thousands | 32,966,000 | 32,787,000 | 29,683,000 | 25,208,000 | 26,616,000 |
| ROA | 4.53% | -3.74% | -4.29% | 2.52% | 3.49% |
December 31, 2023 calculation
ROA = Net income ÷ Total assets
= $1,493,000K ÷ $32,966,000K
= 4.53%
The return on assets (ROA) of Vistra Corp has shown fluctuations over the past five years. In 2023, the ROA improved to 4.07%, compared to negative ROA figures in 2022 (-4.20%) and 2021 (-4.36%). The positive ROA in 2023 indicates that the company generated a profit from its assets. In 2020 and 2019, the ROA was 2.52% and 3.49%, respectively. Overall, the trend suggests some volatility in the company's ability to generate profit from its assets, with a notable improvement in 2023 compared to the previous two years. Further analysis is recommended to understand the factors driving these fluctuations in ROA.
Peer comparison
Dec 31, 2023