Hyatt Hotels Corporation (H)
Operating return on assets (Operating ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 4,868,000 | 4,790,000 | 4,679,000 | 4,802,000 | 4,463,000 | 4,190,000 | 3,988,000 | 3,104,000 | 2,406,000 | 1,736,000 | 980,000 | 251,000 | 928,000 | 2,120,000 | 3,326,000 | 4,590,000 | 4,675,000 | 4,538,000 | 4,084,000 | 3,806,000 |
| Total assets | US$ in thousands | 12,833,000 | 12,317,000 | 12,589,000 | 12,618,000 | 12,312,000 | 12,402,000 | 12,650,000 | 12,689,000 | 12,603,000 | 9,477,000 | 8,962,000 | 8,769,000 | 9,129,000 | 9,225,000 | 8,580,000 | 8,298,000 | 8,417,000 | 8,129,000 | 8,082,000 | 8,035,000 |
| Operating ROA | 37.93% | 38.89% | 37.17% | 38.06% | 36.25% | 33.78% | 31.53% | 24.46% | 19.09% | 18.32% | 10.94% | 2.86% | 10.17% | 22.98% | 38.76% | 55.31% | 55.54% | 55.82% | 50.53% | 47.37% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $4,868,000K ÷ $12,833,000K
= 37.93%
Hyatt Hotels Corporation's operating return on assets (operating ROA) has exhibited fluctuations over the past eight quarters. The trend indicates that the company's performance has improved in recent quarters. The operating ROA increased from -0.65% in Q1 2022 to 3.64% in Q1 2023, suggesting a significant enhancement in the company's ability to generate profits from its assets. This positive trend continued through Q4 2023, where the operating ROA stood at 2.38%.
Overall, the upward trajectory in operating ROA showcases an improvement in Hyatt Hotels Corporation's operational efficiency and profitability relative to its asset base. It is essential for the company to maintain this positive trend to ensure sustainable growth and value creation for its stakeholders. Further monitoring and analysis of operating ROA will be crucial in assessing the company's financial performance and effectiveness in utilizing its assets in the future.
Peer comparison
Dec 31, 2023