Alaska Air Group Inc (ALK)
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 | 395,000 | 322,000 | 225,000 | 245,000 | 235,000 | 259,000 | 160,000 | 59,000 | 58,000 | 54,000 | 208,000 | 466,000 | 478,000 | 30,000 | -595,000 | -1,206,000 | -1,307,000 | -696,000 | 57,000 | 533,000 |
| Total assets | US$ in thousands | 19,768,000 | 19,559,000 | 15,342,000 | 14,813,000 | 15,834,000 | 15,165,000 | 14,829,000 | 14,296,000 | 14,281,000 | 14,531,000 | 14,800,000 | 14,210,000 | 13,951,000 | 13,882,000 | 14,656,000 | 14,262,000 | 14,046,000 | 14,749,000 | 13,998,000 | 13,363,000 |
| ROA | 2.00% | 1.65% | 1.47% | 1.65% | 1.48% | 1.71% | 1.08% | 0.41% | 0.41% | 0.37% | 1.41% | 3.28% | 3.43% | 0.22% | -4.06% | -8.46% | -9.31% | -4.72% | 0.41% | 3.99% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $395,000K ÷ $19,768,000K
= 2.00%
Alaska Air Group Inc's return on assets (ROA) has shown fluctuations over the period from March 31, 2020, to December 31, 2024.
Starting at 3.99% in March 2020, the ROA decreased sharply to 0.41% in June 2020, and further deteriorated to -4.72% in September 2020 and -9.31% in December 2020. This downward trend indicated declining efficiency in generating profits from its assets.
However, the trend started to reverse in the following quarters, with ROA improving to 3.43% in December 2021. After fluctuating in the subsequent periods, Alaska Air Group Inc's ROA stabilized around 1.5-2.0% range from March 2024 to December 2024.
Overall, the company faced challenges in maintaining a consistent ROA during the period under review, indicating variability in its asset utilization efficiency and profit generation capability. Further analysis is needed to understand the factors driving these fluctuations in ROA.
Peer comparison
Dec 31, 2024