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.