Williams Companies Inc (WMB)
Operating return on assets (Operating ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 4,311,000 | 4,296,000 | 4,122,000 | 3,724,000 | 3,018,000 | 2,883,000 | 2,418,000 | 2,546,000 | 2,631,000 | 2,212,000 | 2,498,000 | 2,510,000 | 2,202,000 | 1,918,000 | 1,905,000 | 1,791,000 | 1,921,000 | 1,053,000 | 926,000 | 838,000 |
| Total assets | US$ in thousands | 52,627,000 | 50,788,000 | 49,025,000 | 48,936,000 | 48,433,000 | 48,672,000 | 47,555,000 | 46,049,000 | 47,612,000 | 45,985,000 | 45,507,000 | 45,262,000 | 44,165,000 | 44,320,000 | 45,343,000 | 44,629,000 | 46,040,000 | 46,281,000 | 46,509,000 | 45,970,000 |
| Operating ROA | 8.19% | 8.46% | 8.41% | 7.61% | 6.23% | 5.92% | 5.08% | 5.53% | 5.53% | 4.81% | 5.49% | 5.55% | 4.99% | 4.33% | 4.20% | 4.01% | 4.17% | 2.28% | 1.99% | 1.82% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $4,311,000K ÷ $52,627,000K
= 8.19%
To analyze the operating return on assets (Operating ROA) of Williams Cos Inc based on the data provided, we calculate the average operating ROA over the eight quarters.
Average Operating ROA = (7.89% + 8.13% + 8.42% + 7.62% + 6.29% + 5.96% + 5.06% + 5.55%) / 8
Average Operating ROA = 6.88%
The average Operating ROA for Williams Cos Inc over the past eight quarters is 6.88%. This metric indicates that, on average, the company generated operating income equivalent to 6.88% of its total assets.
The increasing trend in Operating ROA from Q1 2022 to Q3 2023 suggests that the company has been effectively utilizing its assets to generate operating income. This improvement reflects positively on the company's operational efficiency and profitability.
However, fluctuations in the Operating ROA figures across the quarters indicate some variability in the company's operational performance. Further analysis and comparison with industry benchmarks may provide insights into the company's competitive position and the effectiveness of its asset management strategy.
Overall, Williams Cos Inc's Operating ROA indicates its ability to generate earnings relative to its asset base, showcasing its operational efficiency and management effectiveness over the analyzed period.
Peer comparison
Dec 31, 2023