Delta Air Lines Inc (DAL)
Return on assets (ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 3,457,000 | 4,609,000 | 1,318,000 | 280,000 | -12,385,000 |
Total assets | US$ in thousands | 75,372,000 | 73,644,000 | 72,288,000 | 72,459,000 | 71,996,000 |
ROA | 4.59% | 6.26% | 1.82% | 0.39% | -17.20% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $3,457,000K ÷ $75,372,000K
= 4.59%
The return on assets (ROA) of Delta Air Lines Inc has shown significant improvement over the years, increasing from -17.20% as of December 31, 2020, to 4.59% as of December 31, 2024. This indicates that the company has been able to generate more income relative to its total assets, reflecting better operational efficiency and management of its asset base. The positive trend in ROA suggests that Delta Air Lines Inc is utilizing its assets more effectively to generate profits and create value for its shareholders. However, it is important to monitor this ratio closely to ensure sustained financial performance and efficiency in the future.
Peer comparison
Dec 31, 2024