Hyatt Hotels Corporation (H)
Return on assets (ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 1,296,000 | 220,000 | 455,000 | -222,000 | -703,000 |
Total assets | US$ in thousands | 13,324,000 | 12,833,000 | 12,312,000 | 12,603,000 | 9,129,000 |
ROA | 9.73% | 1.71% | 3.70% | -1.76% | -7.70% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $1,296,000K ÷ $13,324,000K
= 9.73%
The return on assets (ROA) for Hyatt Hotels Corporation has shown fluctuations over the past few years. As of December 31, 2020, the ROA was at a negative 7.70%, indicating that the company's assets were not generating a positive return. However, there was an improvement in performance by December 31, 2021, with the ROA improving to a less negative value of -1.76%.
By the end of December 31, 2022, there was a significant turnaround as the ROA increased to a positive 3.70%, indicating that the company's assets were generating a positive return at this time. The positive trend continued into December 31, 2023, with the ROA standing at 1.71%.
The most notable improvement was seen by December 31, 2024, with the ROA further increasing to 9.73%. This indicates that Hyatt Hotels Corporation was able to significantly increase the return generated from its assets, showing a positive trend in asset utilization and profitability. Overall, the company's ROA has shown improvement over the years, aligning with its efforts to enhance operational efficiency and profitability.
Peer comparison
Dec 31, 2024