Essential Utilities Inc (WTRG)
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 | 595,314 | 546,007 | 556,681 | 572,564 | 498,226 | 477,710 | 466,272 | 457,295 | 465,237 | 466,811 | 448,676 | 447,299 | 431,612 | 417,813 | 423,042 | 416,757 | 284,849 | 246,369 | 279,126 | 259,400 |
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 |
ROA | 3.30% | 3.11% | 3.23% | 3.36% | 2.96% | 2.91% | 2.90% | 2.89% | 2.96% | 3.06% | 2.98% | 3.01% | 2.94% | 2.93% | 3.04% | 3.02% | 2.08% | 1.84% | 2.14% | 2.01% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $595,314K ÷ $18,026,600K
= 3.30%
Essential Utilities Inc's return on assets (ROA) has shown a fluctuating trend over the past few years. The ROA was relatively stable around 2% to 2.1% from March 2020 to June 2021. There was a notable increase in ROA to around 3% in the following quarters, indicating improved efficiency in generating profits from its assets. However, the ROA declined slightly in the subsequent periods, ranging between 2.9% to 3.3% up to December 2024. Overall, Essential Utilities Inc has demonstrated a moderate level of effectiveness in utilizing its assets to generate profits over the analyzed period.
Peer comparison
Dec 31, 2024