Williams Companies Inc (WMB)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,225,000 | 3,179,000 | 2,049,000 | 1,517,000 | 211,000 |
| Total assets | US$ in thousands | 54,532,000 | 52,627,000 | 48,433,000 | 47,612,000 | 44,165,000 |
| ROA | 4.08% | 6.04% | 4.23% | 3.19% | 0.48% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $2,225,000K ÷ $54,532,000K
= 4.08%
Williams Companies Inc's return on assets (ROA) has shown a positive trend over the past five years. The ROA increased from 0.48% in December 2020 to 4.08% in December 2024. This indicates that the company has been able to generate more profit relative to its total assets, reflecting efficient utilization of resources and potentially improved profitability. The significant jump in ROA from 2020 to 2023, followed by a slight decrease in 2024, suggests that the company may have undertaken effective strategic initiatives to enhance its operational efficiency and profitability. Overall, the rising trend in ROA demonstrates the company's ability to generate increasing returns on its assets over the analyzed period.
Peer comparison
Dec 31, 2024