Return On Asset ratio Analysis of Essential Utilities Inc - Deep Dive
Latest FY ROA
Period Ending - Dec-23
Not Good ROA
2.84
Period Ending - Dec-22
Not Good ROA
2.96
Growth
-4.16 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Not Good ROA
4.25
Most recent Quarter ROA
Period Ending - Mar-24
Indecisive ROA
1.56
ROA Analysis of Essential Utilities Inc
ROA Ratio of WTRG has fallen by -4.16 % Compared to previous Financial Year. |
ROA Ratio with value of 2.96 was highest in Year Dec-22 in last Five Years. |
ROA Ratio with value of 2.08 was lowest in Year Dec-20 in last Five Years. |
Latest ROA Ratio with value of 2.84 is Greater than Average ROA of 2.64 in last five years. |
Other ROA Related Info of WTRG that may interest you.
Essential Utilities Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
WTRG | 37.73 | 36.57 | 3.17 % | Utilities-Regulated Water |
Defination of Return On Asset
The return on assets (ROA) is a commonly used profitability ratio that shows how effectively a company uses its assets to generate profit. more ..ROA Related Ratios
ReturnOnEquity | AssetTurnoverRatio |
Tsr Profitability Index
Mild Profitability |
FY - Historical Return On Asset of Essential Utilities Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROA | 2.84 | 2.96 | 2.94 | 2.08 | 2.40 | 2.76 | 3.79 |
Change | -4.16 % | 0.516 % | 41.67 % | -13.34 % | -12.99 % | -27.19 % | -0.432 % |
FY Chart of Return On Asset of Essential Utilities Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)