Sabre Corpo (SABR)
Operating return on assets (Operating ROA)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 47,143 | -261,060 | -665,487 | -988,039 | 363,417 |
| Total assets | US$ in thousands | 4,672,190 | 4,962,880 | 5,291,330 | 6,077,720 | 5,689,960 |
| Operating ROA | 1.01% | -5.26% | -12.58% | -16.26% | 6.39% |
December 31, 2023 calculation
Operating ROA = Operating income ÷ Total assets
= $47,143K ÷ $4,672,190K
= 1.01%
The operating return on assets (ROA) for Sabre Corp has exhibited significant fluctuations over the past five years. In 2023, the operating ROA improved to 1.01%, marking a positive return on the company's operating assets. This indicates an increase in the company's ability to generate operating income relative to its total assets.
Conversely, in 2022 and 2021, Sabre Corp experienced negative operating ROA figures of -5.26% and -12.58% respectively. These negative values suggest that the company was not efficiently utilizing its assets to generate operating income during those years.
Furthermore, in 2020, the operating ROA deteriorated significantly to -16.30%, reflecting a substantial decline in the company's operational efficiency and profitability relative to its asset base. However, in 2019, Sabre Corp demonstrated a positive operating ROA of 6.39%, indicating a strong performance in generating operating income compared to its assets.
Overall, the fluctuating trend in Sabre Corp's operating ROA implies varying levels of efficiency in utilizing its assets to generate operating income over the years, highlighting the importance of closely monitoring and managing the company's asset utilization to enhance profitability and operational performance.
Peer comparison
Dec 31, 2023