Name: Return on Assets (ROA)

Definition: ROA shows how efficiently the company turns everything it owns — its entire asset base — into net profit after all costs and taxes. A higher ROA means the business squeezes more profit from its assets. Lower ROA might reflect poor asset utilization or heavy reliance on expensive financing.

Interpretation:
• In '2021', ETR's return on assets was 1.9%, representing returns generated from total assets. Industry average for Electric Utilities: Central in '2021' stood at -0.1%.
• In '2022', ETR's return on assets was 1.9%, representing returns generated from total assets. The decline from '2021' may indicate some operational or financial challenges. Industry average for Electric Utilities: Central in '2022' stood at -0.7%. Industry average declined by 0.6% from previous year.
• In '2023', ETR's return on assets was 4.0%, representing returns generated from total assets. The increase since '2022' reflects strengthening financial performance. Industry average for Electric Utilities: Central in '2023' stood at -6.3%. Industry average declined by 5.6% from previous year.
• In '2024', ETR's return on assets was 1.7%, representing returns generated from total assets. The decline from '2023' may indicate some operational or financial challenges. Industry average for Electric Utilities: Central in '2024' stood at -0.8%. Industry average increased by 5.5% compared to previous year.
Overall, ETR's return on assets has been volatile but generally stable over the past 4 years.

Formula: ROA = Net Income / Total Assets

Good Range: Commonly 5%-15%.