Essential Utilities Inc (WTRG)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 757,668 | 692,097 | 661,187 | 602,709 | 434,686 |
| Total assets | US$ in thousands | 18,026,600 | 16,841,500 | 15,719,100 | 14,658,300 | 13,705,300 |
| Operating ROA | 4.20% | 4.11% | 4.21% | 4.11% | 3.17% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $757,668K ÷ $18,026,600K
= 4.20%
Essential Utilities Inc's operating return on assets (operating ROA) has shown a consistent improvement over the past few years. From 3.17% at the end of December 31, 2020, the operating ROA increased to 4.11% by December 31, 2021. Subsequently, it continued to rise to 4.21% by December 31, 2022, before slightly falling back to 4.11% by December 31, 2023. The latest data as of December 31, 2024, shows a further increase to 4.20%.
This trend indicates that Essential Utilities Inc has been effectively utilizing its assets to generate operating income, reflecting positively on the company's operational efficiency and profitability. The consistent improvement in operating ROA suggests that the company is efficiently managing its assets to drive profitability and create value for its stakeholders.
Peer comparison
Dec 31, 2024