American Airlines Group (AAL)

Return on assets (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
Net income (ttm)	US$ in thousands	846,000	275,000	-121,000	500,000	822,000	1,606,000	2,634,000	1,772,000	127,000	-1,608,000	-1,922,000	-2,379,000	-1,994,000	-3,240,000	-5,808,000	-7,894,000	-8,885,000	-6,293,000	-3,469,000	-740,000
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
ROA		1.37%	0.43%	-0.19%	0.78%	1.30%	2.44%	3.92%	2.65%	0.20%	-2.41%	-2.83%	-3.53%	-3.00%	-4.73%	-8.02%	-11.50%	-14.33%	-10.03%	-5.37%	-1.26%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $846,000K ÷ $61,783,000K
= 1.37%

American Airlines Group's return on assets (ROA) has exhibited a fluctuating trend over the monitored periods. The ROA started with negative values, indicating challenges in generating profits relative to its assets. However, there has been a gradual improvement in ROA since the end of 2022, with the metric turning positive in the subsequent periods. This suggests that the company has been able to enhance its profitability in relation to its asset base. The steady increase in ROA signifies a positive development in the company's efficiency in utilizing its assets to generate earnings. However, it is essential to monitor future ROA performance to ensure sustained profitability and operational effectiveness.