Marriott International Inc (MAR)
Return on assets (ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 2,375,000 | 3,083,000 | 2,358,000 | 1,099,000 | -267,000 |
Total assets | US$ in thousands | 26,182,000 | 25,674,000 | 24,815,000 | 25,553,000 | 24,701,000 |
ROA | 9.07% | 12.01% | 9.50% | 4.30% | -1.08% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $2,375,000K ÷ $26,182,000K
= 9.07%
Based on the data provided, Marriott International Inc's return on assets (ROA) has shown a positive trend over the past five years.
In December 2020, the ROA was -1.08%, indicating that the company had a negative return on its assets. However, by December 2021, the ROA improved significantly to 4.30%, showing an increase in the efficiency of the company in generating earnings from its assets.
The trend continued to improve in the following years, with the ROA reaching 9.50% by December 2022 and further increasing to 12.01% by December 2023, reflecting the company's ability to effectively utilize its assets to generate profits.
Although there was a slight dip in the ROA to 9.07% by December 2024, overall, Marriott International Inc has demonstrated a consistent improvement in its return on assets over the analyzed period. This suggests that the company has been successful in managing its assets efficiently and generating higher returns for its shareholders.
Peer comparison
Dec 31, 2024