Shell Midstream Partners L.p.'s ROA from the second quarter of 2022 to the second quarter of 2021 and 5 Year Period

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

What is Shell Midstream Partners L.p.'s ROA in the second quarter of 2022?
Shell Midstream Partners L.p. achieved a return on average assets (ROA) of 24.07 % in its second quarter of 2022, which is below Shell Midstream Partners L.p.'s average return on assets, which stands at 28.65%.

ROA decreased relative to the period ending Mar 31 2022, due to the decline in net income.

However, within the Utilities sector 4 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the first quarter of 2022 from 244 to 251.

What is ROA?

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Return On Assets	(Jun 30 2022) II. Quarter	(Mar 31 2022) I. Quarter	(Dec 31 2021) IV. Quarter	(Sep 30 2021) III. Quarter	(Jun 30 2021) II. Quarter
Y / Y Total Assets Change	-4.13 %	-5.38 %	-1.24 %	-2.72 %	-3.68 %
Y / Y Net Income Change	-9.04 %	-4.19 %	-20.3 %	-5.84 %	15.28 %
Net Income (TTM) in million	546	561	568	595	603
Return On Assets (TTM)	24.07 %	24.47 %	24.44 %	25.52 %	25.69 %
SHLX's Total Ranking	# 251	# 244	# 292	# 228	# 211
Total Assets (TTM) in million	2,231	2,197	2,318	2,329	2,327
Seq. Total Assets Change	1.55 %	-5.22 %	-0.47 %	0.09 %	0.22 %
Seq. Net Income Change	-5.63 %	50.94 %	-17.83 %	-22.29 %	-0.6 %

SHLX's 5 Years Annual ROA >> Back to SHLX Management Effectiveness >> Compare SHLX ROA to its Competitors

Return On Assets Company Ranking
Within:	No.
Industry	# 3
Sector	# 5
Overall	# 246

Return On Assets Statistics
High	Average	Low
39.33 %	28.65 %	24.07 %
(Jun 30 2016)		(Jun 30 2022)

Financial Statements
Shell Midstream Partners L.p.'s Assets	$ 2,231 million	SHLX's Balance sheet
Shell Midstream Partners L.p.'s Income	$ 151 million	Quarterly SHLX's Income Statement
SHLX's Income by Division		See SHLX's Income by Division

Annual Return On Assets	(Dec 31 2021) FY 2021	(Dec 31 2020) FY 2020	(Dec 31 2019) FY 2019	(Dec 31 2018) FY 2018	(Dec 31 2017) FY 2017
Y / Y Total Assets Change	-1.24 %	16.25 %	5.51 %	40.03 %	57.87 %
Total Assets in million	2,318	2,347	2,019	1,914	1,366
Y / Y Net Income Change	2.16 %	1.83 %	13.18 %	23.12 %	47.63 %
Net Income in million	568	556	546	482	392
Annual Return On Assets	24.5 %	23.69 %	27.04 %	25.21 %	28.67 %

SHLX's 5 Years Annual ROA >> Back to SHLX Management Effectiveness >> Compare SHLX ROA to its Competitors

Comment on SHLX's ROA in the fiscal year ending 2021

In the fiscal year 2021 ROA improved to 24.5 % compared to prior year, due to annual net income growth of 2.16 % to $568.00 million, and due to decline of value in Shell Midstream Partners L.p.'s assets by -1.24 % to $2,318.00 million, compared to $2,318.00 a year before.

More Return On Assets Ratios
SHLX'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
SHLX's Roa Ratio versus Natural Gas Utilities Industry, Utilities Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Subscribers only: Roa for SHLX's Competitors
Subscribers only: Roa for Shell Midstream Partners L.p.'s Suppliers
Subscribers only: Return On Assets for SHLX's Customers

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SHLX's Roi	SHLX's Inventory Turnover Ratio	SHLX's Growth Rates	SHLX's Dividend Comparisons
	SHLX's Profitability Ratios	SHLX's Asset Turnover Ratio	SHLX's Dividend Growth
SHLX's Roe	SHLX's Valuation Ratios	SHLX's Financial Strength Ratios	SHLX's Dividend Payout Ratio

Companies with similar Return On Assets at Jun 30 2022, within Utilities Sector	ROA
Boardwalk Pipeline Partners Lp	60.85 %
Just Energy Group Inc	46.68 %
Aqua Power Systems Inc	45.20 %
Genie Energy Ltd	35.97 %
Shell Midstream Partners L.p.	24.07 %
Blueknight Energy Partners L.p.	23.90 %
Pbf Logistics Lp	17.25 %
Magellan Midstream Partners L p	12.50 %
Nrg Energy Inc	11.97 %
Montauk Renewables Inc	11.30 %
Clearway Energy Llc	10.27 %
Western Midstream Partners Lp	10.08 %
Altus Power Inc	9.71 %
Mplx Lp	9.43 %
Otter Tail Corporation	9.42 %
Rattler Midstream Lp	9.21 %
Holly Energy Partners Lp	8.69 %
Clearway Energy Inc	8.57 %
Ugi Corporation	7.94 %
Oge Energy Corp	7.29 %
Enterprise Products Partners L p	7.28 %
Transcontinental Gas Pipe Line Company Llc	7.12 %
Kinetik Holdings Inc	7.04 %
Cheniere Energy Partners L p	7.03 %
Oneok Inc	6.57 %
National Fuel Gas Company	6.42 %
Dcp Midstream Lp	6.09 %
Archaea Energy Inc	5.95 %
Antero Midstream Corporation	5.89 %
Targa Resources Corp	5.79 %

Date modified: 2026-09-18T13:11:05+00:00

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