American Airlines Group (AAL)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 2,614,000 | 2,136,000 | 1,824,000 | 2,603,000 | 3,034,000 | 3,760,000 | 4,913,000 | 3,767,000 | 1,606,000 | -556,000 | -891,000 | -1,467,000 | -1,059,000 | -2,794,000 | -6,260,000 | -9,187,000 | -10,421,000 | -7,177,000 | -3,498,000 | 141,000 |
| Total assets | US$ in thousands | 61,783,000 | 63,528,000 | 64,125,000 | 64,384,000 | 63,058,000 | 65,711,000 | 67,260,000 | 66,786,000 | 64,716,000 | 66,652,000 | 67,963,000 | 67,401,000 | 66,467,000 | 68,437,000 | 72,464,000 | 68,649,000 | 62,008,000 | 62,773,000 | 64,544,000 | 58,580,000 |
| Operating ROA | 4.23% | 3.36% | 2.84% | 4.04% | 4.81% | 5.72% | 7.30% | 5.64% | 2.48% | -0.83% | -1.31% | -2.18% | -1.59% | -4.08% | -8.64% | -13.38% | -16.81% | -11.43% | -5.42% | 0.24% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $2,614,000K ÷ $61,783,000K
= 4.23%
American Airlines Group's operating return on assets (operating ROA) has exhibited fluctuating trends over the past few years. The ROA started at a relatively low level of 0.24% as of March 31, 2020, and then decreased significantly in subsequent periods, reaching negative figures in some quarters. This negative trend persisted until December 31, 2022, with the lowest point being -16.81% in December 2020.
However, starting from March 31, 2023, the operating ROA began to show signs of improvement, gradually increasing quarter by quarter. The positive trend continued through the end of 2024, with the ROA reaching 4.23% as of December 31, 2024.
Overall, the fluctuating operating ROA of American Airlines Group reflects the company's varying levels of profitability generated from its assets over the specified period. The recent positive trend suggests that the company may be improving its operational efficiency and effectiveness in utilizing its assets to generate profits.
Peer comparison
Dec 31, 2024