Delta Air Lines Inc (DAL)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 5,995,000 | 5,521,000 | 3,661,000 | 1,886,000 | -12,469,000 |
| Total assets | US$ in thousands | 75,372,000 | 73,644,000 | 72,288,000 | 72,459,000 | 71,996,000 |
| Operating ROA | 7.95% | 7.50% | 5.06% | 2.60% | -17.32% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $5,995,000K ÷ $75,372,000K
= 7.95%
Delta Air Lines Inc's operating return on assets (ROA) has shown improvement over the years.
At the end of 2020, the operating ROA was significantly negative at -17.32%, indicating that the company's operating income was not sufficient to cover its asset base.
By the end of 2021, the operating ROA had improved to 2.60%, indicating a turnaround in the company's ability to generate operating income from its assets.
In 2022, Delta Air Lines Inc continued its positive trend with an operating ROA of 5.06%, demonstrating further efficiency in utilizing its assets to generate operating profits.
The operating ROA further increased to 7.50% by the end of 2023 and continued to improve to 7.95% by the end of 2024. These higher percentages suggest that Delta Air Lines Inc has been progressively more effective in generating operating income relative to its asset base.
Overall, the consistent improvement in Delta Air Lines Inc's operating ROA over the years indicates a positive trend in the company's operational efficiency and profitability. This suggests that Delta Air Lines Inc has been better utilizing its assets to generate operating income, which is a favorable sign for investors and stakeholders.
Peer comparison
Dec 31, 2024