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Opal Fuels Inc   (OPAL)
Other Ticker:  
 
    Sector  Utilities    Industry Natural Gas Utilities
   Industry Natural Gas Utilities
   Sector  Utilities


Opal Fuels Inc 's ROA from the fourth quarter of 2023 to the fourth quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Opal Fuels Inc 's ROA in the fourth quarter of 2023?
Opal Fuels Inc achieved a return on average assets (ROA) of 25.98 % in its fourth quarter of 2023, this is above OPAL's average return on assets of 6.79%.
Opal Fuels Inc assets over the 12 months ending in its fourth quarter of 2023 are valued at $489 million

ROA fell compared to the third quarter of 2023, despite the net income growth of 8751.54% from the third quarter of 2023.

However, within the Utilities sector 3 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 136, from total ROA ranking in the third quarter of 2023 at 214.

What is ROA?


Return On Assets (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Total Assets Change 187.51 % -43.3 % 17.85 % -18.36 % 7.03 %
Y / Y Net Income Change 0.28 % -95.77 % 3369.57 % - -
Net Income (TTM) in million 127 127 132 21 33
Return On Assets (TTM) 25.98 % 38.24 % 32.8 % 5.49 % 8.08 %
OPAL's Total Ranking # 136 # 214 # 205 # 1480 # 1196
Total Assets (TTM) in million 962 371 368 255 334
Seq. Total Assets Change 159.45 % 0.69 % 44.38 % -23.77 % -48.83 %
Seq. Net Income Change 8751.54 % -99.8 % - - 273.21 %



Return On Assets Company Ranking
Within: No.
Industry # 3
Sector # 4
Overall # 135

Return On Assets Statistics
High Average Low
20.49 %
6.79 %
-5.16 %
(Jun 30 2023)   (Dec 31 2021)





Financial Statements
Opal Fuels Inc 's Assets $ 962 million OPAL's Balance sheet
Opal Fuels Inc 's Income $ 20 million Quarterly OPAL's Income Statement
OPAL's Income by Division See OPAL's Income by Division



Annual Return On Assets (Dec 31 2023)
FY 2023
(Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021

FY

FY
Y / Y Total Assets Change 187.51 % 7.03 % - - -
Total Assets in million 962 334 313 0 0
Y / Y Net Income Change 289.9 % - - - -
Net Income in million 127 33 -16 0 0
Return On Assets 13.21 % 9.74 % -5.18 % - -




Comment on OPAL's ROA in the fiscal year ending 2023
In the fiscal year 2023 ROA improved to 13.21 % compared to prior year, due to annual net income growth of 289.9 % to $127.02 million, while value of Opal Fuels Inc 's overall assets grew just by 187.51 % to $961.71 million, compared to $961.71 a year before.


More Return On Assets Ratios
OPAL's' Return on Assets at Yahoo Finance
Natural Gas Utilities Industry Return On Assets Trends and Statistics
Utilities Sector Roa Statistics
Roa Trends for overall market
OPAL's Roa Ratio versus Natural Gas Utilities Industry, Utilities Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for OPAL's Competitors
Roa for Opal Fuels Inc 's Suppliers
Return On Assets for OPAL's Customers

You may also want to know
OPAL's Roi OPAL's Inventory Turnover Ratio OPAL's Growth Rates OPAL's Dividend Comparisons
OPAL's Profitability Ratios OPAL's Asset Turnover Ratio OPAL's Dividend Growth
OPAL's Roe OPAL's Valuation Ratios OPAL's Financial Strength Ratios OPAL's Dividend Payout Ratio



Companies with similar Return On Assets at Dec 31 2023, within Utilities Sector ROA
Cheniere Energy Inc   28.91 %
Cheniere Energy Partners L p   22.83 %
Otter Tail Corporation  21.03 %
Opal Fuels Inc   18.65 %
Nustar Energy L p   11.27 %
Mplx Lp  11.00 %
Oncor Electric Delivery Company Llc  9.44 %
Hf Sinclair Corporation  9.40 %
Enterprise Products Partners L p   9.14 %
Western Midstream Partners Lp  9.03 %
Via Renewables Inc   8.60 %
Transcontinental Gas Pipe Line Company Llc  7.93 %
Oneok Inc   7.78 %
Genie Energy Ltd   6.62 %
Antero Midstream Corporation  6.57 %
Williams Companies Inc   6.56 %
Kinetik Holdings Inc   6.15 %
American States Water Company  5.78 %
Plains All American Pipeline Lp  5.49 %


Date modified: 2024-03-18T19:22:29+00:00


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