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PJSC Lukoil (MIC:LKOH) ROA % : 25.78% (As of Sep. 2023)


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What is PJSC Lukoil ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. PJSC Lukoil's annualized Net Income for the quarter that ended in Sep. 2023 was ₽700,277 Mil. PJSC Lukoil's average Total Assets over the quarter that ended in Sep. 2023 was ₽2,716,614 Mil. Therefore, PJSC Lukoil's annualized ROA % for the quarter that ended in Sep. 2023 was 25.78%.

The historical rank and industry rank for PJSC Lukoil's ROA % or its related term are showing as below:

MIC:LKOH' s ROA % Range Over the Past 10 Years
Min: 0.4   Med: 8.84   Max: 36.03
Current: 30.61

During the past 13 years, PJSC Lukoil's highest ROA % was 36.03%. The lowest was 0.40%. And the median was 8.84%.

MIC:LKOH's ROA % is ranked better than
96.7% of 1091 companies
in the Oil & Gas industry
Industry Median: 2.6 vs MIC:LKOH: 30.61

PJSC Lukoil ROA % Historical Data

The historical data trend for PJSC Lukoil's ROA % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PJSC Lukoil ROA % Chart

PJSC Lukoil Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.30 10.96 0.40 33.20 36.03

PJSC Lukoil Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.19 23.26 17.70 58.79 25.78

Competitive Comparison of PJSC Lukoil's ROA %

For the Oil & Gas Integrated subindustry, PJSC Lukoil's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PJSC Lukoil's ROA % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PJSC Lukoil's ROA % distribution charts can be found below:

* The bar in red indicates where PJSC Lukoil's ROA % falls into.



PJSC Lukoil ROA % Calculation

PJSC Lukoil's annualized ROA % for the fiscal year that ended in Dec. 2022 is calculated as:

ROA %=Net Income (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=790120.077/( (2101292.951+2284260.472)/ 2 )
=790120.077/2192776.7115
=36.03 %

PJSC Lukoil's annualized ROA % for the quarter that ended in Sep. 2023 is calculated as:

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=700277.452/( (2460072.528+2973155.005)/ 2 )
=700277.452/2716613.7665
=25.78 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Sep. 2023) net income data. ROA % is displayed in the 30-year financial page.


PJSC Lukoil  (MIC:LKOH) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=700277.452/2716613.7665
=(Net Income / Revenue)*(Revenue / Total Assets)
=(700277.452 / 3255848.396)*(3255848.396 / 2716613.7665)
=Net Margin %*Asset Turnover
=21.51 %*1.1985
=25.78 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


PJSC Lukoil ROA % Related Terms

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PJSC Lukoil (MIC:LKOH) Business Description

Traded in Other Exchanges
N/A
Address
11, Sretensky Boulevard, Moscow, RUS, 101000
PJSC Lukoil directs the financial decisions and operations of the main group's subsidiaries. Altogether, Lukoil is an integrated oil company that has exposure to the entire range of activities in the oil and gas cycle from exploration to sales of refined products. Exploration and production activities are conducted with assets located in Russia, Iraq, and Uzbekistan, on offshore and onshore fields. Lukoil brings an array of petroleum products to the market through its refinery unit, including gasoline, medium distillates, dark petroleum products, lubricants, and other related products. Russia constitutes a significant portion of the group's distribution network; however, its products penetrate a number of different markets in Europe and the Americas.

PJSC Lukoil (MIC:LKOH) Headlines

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