Electric Utilities Companies By Roa

Return On Asset
ROAEfficiencyMarket RiskExp Return
1GNE Genie Energy
0.088
(0.02)
 1.85 
(0.03)
2CIG Companhia Energetica de
0.0838
(0.03)
 1.72 
(0.05)
3CIG-C Energy of Minas
0.0838
 0.00 
 2.48 
 0.00 
4OTTR Otter Tail
0.073
(0.09)
 1.81 
(0.16)
5MNTK Montauk Renewables
0.0607
 0.02 
 4.14 
 0.09 
6PAM Pampa Energia SA
0.052
 0.41 
 1.88 
 0.76 
7ENIC Enel Chile SA
0.0516
 0.00 
 1.79 
(0.01)
8ARIS Aris Water Solutions
0.0486
 0.19 
 4.52 
 0.86 
9ELPC Companhia Paranaense de
0.045
(0.11)
 2.20 
(0.24)
10ELP Companhia Paranaense de
0.045
(0.17)
 1.73 
(0.29)
11CEG Constellation Energy Corp
0.0406
 0.12 
 4.09 
 0.48 
12EBR Centrais Electricas Brasileiras
0.0378
(0.21)
 1.66 
(0.35)
13EBR-B Centrais Eltricas Brasileiras
0.0378
(0.20)
 1.73 
(0.34)
14MGEE MGE Energy
0.0354
 0.19 
 1.59 
 0.30 
15SO Southern Company
0.0348
 0.05 
 1.01 
 0.05 
16RNWWW ReNew Energy Global
0.0326
(0.01)
 11.31 
(0.08)
17RNW Renew Energy Global
0.0326
 0.00 
 1.88 
 0.00 
18OGE OGE Energy
0.0317
 0.17 
 1.07 
 0.18 
19POR Portland General Electric
0.0306
 0.02 
 1.00 
 0.02 
20NEE Nextera Energy
0.0305
(0.02)
 1.55 
(0.02)
The analysis above is based on a 90-day investment horizon and a default level of risk. Use the Portfolio Analyzer to fine-tune all your assumptions. Check your current assumptions here.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time. Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.