Centennial Resource Development

Centennial Resource Development ROA

Delisted·Sep 9, 2022

The Return on Assets (ROA) of Centennial Resource Development (CDEV) as of Sep 18, 2026 is 6.06 %. In the previous year, Return on Assets (ROA) was 3.63 % — a change of 66.98% (higher).

ROA

6.06 %

YoY

66.98%

Last updated:

In 2026, Centennial Resource Development's return on assets (ROA) was 6.06 %, a 66.98% increase from the 3.63 % ROA in the previous year.

The Centennial Resource Development ROA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROA
Date
ROA
Jan 1, 2015
-8,048.24 USD
Jan 1, 2016
-8.55 USD
Jan 1, 2017
2.09 USD
Jan 1, 2018
4.69 USD
Jan 1, 2019
0.34 USD
Jan 1, 2020
-17.84 USD
Jan 1, 2021
3.63 USD
Jan 1, 2022
6.06 USD
The Centennial Resource Development ROA history
YEARROAYoY
6.06 %+66.98%
3.63 %-120.36%
-17.84 %-5,394.47%
0.34 %-92.82%
4.69 %+124.57%
2.09 %-124.43%
-8.55 %-99.89%
-8,048.24 %
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Centennial Resource Development Stock analysis

What does Centennial Resource Development do? Centennial Resource Development Inc. is a company focused on the exploration, development, and production of oil and gas resources in the United States. It was founded in 2016 and is headquartered in Denver, Colorado. Centennial Resource Development is one of the most popular companies on Eulerpool.

ROA Details

Understanding Centennial Resource Development's Return on Assets (ROA)

Centennial Resource Development's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Centennial Resource Development's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Centennial Resource Development's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Centennial Resource Development’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Centennial Resource Development stock

Return on Assets (ROA) of Centennial Resource Development is 6.06 % in 2026.

Return on Assets (ROA) of Centennial Resource Development changed from 3.63 % to 6.06 %, representing a 66.98% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Assets (ROA) Centennial Resource Development since 2006 – with annual values, charts, and detailed analysis.

Return on Assets, also known as ROA, is a financial metric used to measure a company's profitability. It is used to determine how effectively a company uses its assets to generate profits. It is also referred to as the ratio of net income to total assets. ROA is an important indicator of a company's overall financial performance as it measures the company's ability to generate more profit from the assets it employs.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Assets (ROA)'s Centennial Resource Development with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Assets (ROA)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Assets (ROA).

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Profitability — Centennial Resource Development

All Key Metrics — Centennial Resource Development