Essential Utilities Inc (WTRG)

Operating return on assets (Operating 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
Operating income (ttm)	US$ in thousands	757,668	705,015	687,331	697,294	692,097	688,085	676,541	659,027	661,187	630,803	606,394	597,986	602,709	595,969	599,750	593,541	434,686	387,150	388,387	346,217
Total assets	US$ in thousands	18,026,600	17,564,600	17,252,100	17,054,300	16,841,500	16,432,800	16,101,900	15,818,300	15,719,100	15,279,800	15,046,200	14,877,000	14,658,300	14,236,500	13,934,000	13,821,900	13,705,300	13,399,500	13,028,400	12,929,000
Operating ROA		4.20%	4.01%	3.98%	4.09%	4.11%	4.19%	4.20%	4.17%	4.21%	4.13%	4.03%	4.02%	4.11%	4.19%	4.30%	4.29%	3.17%	2.89%	2.98%	2.68%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $757,668K ÷ $18,026,600K
= 4.20%

Operating ROA for Essential Utilities Inc has shown a generally positive trend over the analyzed period, starting at 2.68% in March 2020 and gradually increasing to 4.20% by December 2024. The company's efficiency in generating profits from its assets improved steadily, with occasional fluctuations along the way.

The highest point for operating ROA was observed in March 2024 at 4.20%, indicating stronger operational performance at that time. However, there was a slight decline in the following quarter to 3.98% in June 2024 before rebounding back above 4% in September 2024.

Overall, the company's ability to generate earnings relative to its total assets has been progressively enhancing, suggesting effective asset utilization and operational management. This positive trend in operating ROA reflects well on Essential Utilities Inc's operational efficiency and profitability over the analyzed period.