Vital Energy Inc. (VTLE)
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 | -173,521 | 467,305 | 256,898 | 515,007 | 695,078 | 531,868 | 864,498 | 832,233 | 631,512 | 729,564 | 528,873 | 133,666 | 145,008 | -237,200 | -611,464 | -1,024,258 | -874,173 | -949,962 | -977,159 | -258,322 |
| Total assets | US$ in thousands | 5,878,950 | 6,251,010 | 5,263,210 | 5,661,900 | 5,149,580 | 4,426,250 | 3,815,430 | 2,943,240 | 2,726,110 | 2,805,920 | 2,873,010 | 2,726,330 | 2,551,820 | 2,258,970 | 1,786,810 | 1,474,900 | 1,442,610 | 1,581,320 | 1,870,590 | 531,190 |
| ROA | -2.95% | 7.48% | 4.88% | 9.10% | 13.50% | 12.02% | 22.66% | 28.28% | 23.17% | 26.00% | 18.41% | 4.90% | 5.68% | -10.50% | -34.22% | -69.45% | -60.60% | -60.07% | -52.24% | -48.63% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $-173,521K ÷ $5,878,950K
= -2.95%
Vital Energy Inc.'s return on assets (ROA) experienced a significant improvement over the last few quarters. The company's ROA was negative in the initial quarters of the data set, indicating that the company was not efficiently utilizing its assets to generate profit. However, starting from the second half of 2021, the ROA turned positive and showed a steady upward trend until the third quarter of 2023 when it peaked at 28.28%.
This positive trend in ROA suggests that Vital Energy Inc. has been able to enhance its profitability relative to its asset base. A higher ROA indicates that the company is generating more profits from its assets, which could be a result of improved operational efficiency, effective cost management, or increased revenue generation.
The slight decrease in ROA in the last quarter of 2024 to -2.95% may be a signal for analysts to further investigate the company's performance during that period. Overall, the positive trend in ROA over the analyzed period indicates that Vital Energy Inc. has been successful in improving its asset utilization and efficiency in generating profits.
Peer comparison
Dec 31, 2024