Hyatt Hotels Corporation (H)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 220,000 | 488,000 | 448,000 | 586,000 | 455,000 | 132,000 | 224,000 | 9,000 | -222,000 | -396,000 | -677,000 | -904,000 | -703,000 | -179,000 | 278,000 | 600,000 | 766,000 | 489,000 | 430,000 | 421,000 |
| 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 |
| ROA | 1.71% | 3.96% | 3.56% | 4.64% | 3.70% | 1.06% | 1.77% | 0.07% | -1.76% | -4.18% | -7.55% | -10.31% | -7.70% | -1.94% | 3.24% | 7.23% | 9.10% | 6.02% | 5.32% | 5.24% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $220,000K ÷ $12,833,000K
= 1.71%
Hyatt Hotels Corporation's return on assets (ROA) has shown some fluctuations over the past eight quarters. In Q1 2022, the ROA was relatively low at 0.07%, indicating that the company generated only 0.07 cents of profit for every dollar of assets it owns. However, the ROA improved significantly in subsequent quarters, reaching a peak of 4.64% in Q1 2023, showing an enhanced profitability in utilizing its assets efficiently.
The ROA decreased in the following quarter to 3.56% in Q2 2023 but remained relatively high, signifying that the company continued to generate healthy returns relative to its asset base. In Q3 2023, the ROA further declined to 3.96%, indicating a slight drop in profitability compared to the previous quarter. The most recent data for Q4 2023 shows a further decrease in ROA to 1.71%.
Overall, Hyatt Hotels Corporation's ROA has demonstrated variability over the periods analyzed, showing both improvements and declines in asset efficiency and profitability. It is essential for the company to continue monitoring and managing its asset utilization to ensure sustainable and consistent returns for its shareholders.
Peer comparison
Dec 31, 2023