Hyatt Hotels Corporation (H)

Return on assets (ROA)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	220,000	455,000	-222,000	-703,000	766,000
Total assets	US$ in thousands	12,833,000	12,312,000	12,603,000	9,129,000	8,417,000
ROA		1.71%	3.70%	-1.76%	-7.70%	9.10%

December 31, 2023 calculation

ROA = Net income ÷ Total assets
= $220,000K ÷ $12,833,000K
= 1.71%

Hyatt Hotels Corporation's return on assets (ROA) has fluctuated over the past five years. In 2019, the ROA was at a high of 9.10%, indicating that the company generated $9.10 in net income for every $100 of assets. However, this was followed by a significant decline in 2020, with an ROA of -7.70%, suggesting that the company experienced a loss relative to its asset base.

The ROA continued to be negative in 2021, at -1.76%, reflecting ongoing challenges in generating profitability from its assets. Nevertheless, there was an improvement in 2022, with an ROA of 3.70%, indicating a better return on assets compared to the previous year.

In the most recent year, 2023, the ROA further decreased to 1.71%, potentially signaling a decline in the company's ability to efficiently utilize its assets to generate profits.

Overall, the fluctuating trend in Hyatt Hotels Corporation's ROA highlights the company's varying levels of profitability and efficiency in utilizing its assets effectively over the past five years. It is important for the company to continue monitoring and improving its ROA to ensure sustainable financial performance in the future.