American Airlines Group (AAL)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 846,000 | 822,000 | 127,000 | -1,993,000 | -8,885,000 |
| Total assets | US$ in thousands | 61,783,000 | 63,058,000 | 64,716,000 | 66,467,000 | 62,008,000 |
| ROA | 1.37% | 1.30% | 0.20% | -3.00% | -14.33% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $846,000K ÷ $61,783,000K
= 1.37%
American Airlines Group's return on assets (ROA) has shown a significant improvement over the years based on the provided data. In December 2020, the ROA was at a low of -14.33%, indicating the company was not effectively generating profits from its assets. However, by December 2024, the ROA had increased to a positive 1.37%, showing a positive trend in asset utilization and profitability. This signifies that American Airlines Group has become more efficient in generating profits from its assets over the years, which is a positive indicator of the company's financial performance and potential for growth.
Peer comparison
Dec 31, 2024