Williams Companies Inc (WMB)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 3,179,000 | 2,710,000 | 2,656,000 | 2,596,000 | 2,049,000 | 2,002,000 | 1,567,000 | 1,471,000 | 1,517,000 | 1,011,000 | 1,155,000 | 1,154,000 | 211,000 | 219,000 | 131,000 | 138,000 | 850,000 | 155,000 | 63,000 | -112,000 |
| 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 |
| ROA | 6.04% | 5.34% | 5.42% | 5.30% | 4.23% | 4.11% | 3.30% | 3.19% | 3.19% | 2.20% | 2.54% | 2.55% | 0.48% | 0.49% | 0.29% | 0.31% | 1.85% | 0.33% | 0.14% | -0.24% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $3,179,000K ÷ $52,627,000K
= 6.04%
The return on assets (ROA) for Williams Cos Inc has been improving steadily over the past eight quarters. In Q4 2023, the ROA reached 6.03%, showing a positive trend compared to the previous quarters. This indicates that the company generated a higher return on its assets in the most recent quarter. The consistent increase in the ROA from 4.22% in Q4 2022 to 6.03% in Q4 2023 reflects an improvement in the company's efficiency in utilizing its assets to generate profits. Overall, Williams Cos Inc has shown a progressive trend in maximizing its asset efficiency and profitability over the analyzed period.
Peer comparison
Dec 31, 2023