Williams Companies Inc (WMB)
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 | 2,225,000 | 2,877,000 | 2,825,000 | 2,884,000 | 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 |
Total assets | US$ in thousands | 54,532,000 | 53,837,000 | 52,409,000 | 52,747,000 | 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 |
ROA | 4.08% | 5.34% | 5.39% | 5.47% | 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $2,225,000K ÷ $54,532,000K
= 4.08%
Williams Companies Inc has shown fluctuating return on assets (ROA) over the past several quarters. The ROA was relatively low in the first few quarters of 2020, ranging from 0.29% to 0.49%. However, there was a significant improvement in ROA starting from March 31, 2021, with a notable increase to 2.55%. This positive trend continued throughout 2021 and into 2022, with ROA consistently above 2%, reaching a peak of 6.04% on December 31, 2023.
However, in the following quarters of 2024, the ROA declined sharply to 4.08% by December 31, 2024. Despite the decrease towards the end of the period, Williams Companies Inc maintained a generally positive trend in return on assets over the evaluated timeframe. It is important for the company to monitor and manage its asset utilization efficiency to sustain and potentially improve its profitability levels in the future.
Peer comparison
Dec 31, 2024