WEC Energy Group Inc (WEC)
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 | 2,235,900 | 2,165,300 | 2,253,600 | 2,286,300 | 2,086,900 | 1,947,000 | 1,879,200 | 1,862,100 | 1,924,200 | 1,870,600 | 1,856,400 | 1,817,000 | 1,714,900 | 1,758,600 | 1,738,800 | 1,708,800 | 1,706,100 | 1,698,700 | 1,639,400 | 1,615,200 |
| Total assets | US$ in thousands | 47,363,200 | 45,196,500 | 44,582,200 | 43,927,200 | 43,939,700 | 43,441,700 | 43,019,300 | 42,795,900 | 41,872,100 | 40,761,000 | 39,607,100 | 38,974,500 | 38,988,500 | 38,400,900 | 37,794,900 | 37,600,600 | 37,028,100 | 35,422,000 | 35,042,000 | 34,832,200 |
| Operating ROA | 4.72% | 4.79% | 5.05% | 5.20% | 4.75% | 4.48% | 4.37% | 4.35% | 4.60% | 4.59% | 4.69% | 4.66% | 4.40% | 4.58% | 4.60% | 4.54% | 4.61% | 4.80% | 4.68% | 4.64% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $2,235,900K ÷ $47,363,200K
= 4.72%
The operating return on assets (ROA) for WEC Energy Group Inc has shown some fluctuations over the analyzed period. The ratio measures the company's ability to generate profits from its operating activities relative to its total assets.
From March 31, 2020, to December 31, 2020, WEC Energy Group's operating ROA ranged between 4.61% and 4.80%. The ratio exhibited stability within this period, indicating a consistent ability to generate operating profits relative to its assets.
In the following quarters up to June 30, 2021, the operating ROA remained relatively steady, fluctuating between 4.54% and 4.60%. This stability suggests that the company maintained its efficiency in generating profits from its operations compared to its asset base.
However, from September 30, 2021, to December 31, 2022, WEC Energy Group's operating ROA experienced some minor fluctuations but generally remained in the range of 4.40% to 4.69%. These fluctuations may indicate some variability in the company's ability to generate profits from its operating activities during this period.
From March 31, 2023, to December 31, 2024, the operating ROA continued to fluctuate within a range of 4.35% to 5.20%. The highest ratio of 5.20% in March 31, 2024, may suggest improved efficiency in generating profits relative to the total assets, while the ratio decreased to 4.72% by the end of December 31, 2024.
Overall, while the operating ROA of WEC Energy Group exhibited some variability over the analyzed period, the company generally demonstrated a consistent ability to generate profits from its operating activities relative to its asset base.
Peer comparison
Dec 31, 2024