What is Atmos Energy's ROA in the first quarter of 2024?
Atmos Energy Corp achieved a return on average assets (ROA) of
4.15 % in its first quarter of 2024, this is above ATO's average return on assets of 3.83%.
Atmos Energy Corps assets during the 12 months ending in the first quarter of 2024 are valued at $22 billion
ROA has improved compared to 3.98% in the fourth quarter of 2023, due to net income growth.
However, within the
Utilities sector 29 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Dec 31 2023 quarter, so far to
1032, from total ROA ranking in the fourth quarter of 2023 at
1366.
What is ROA?