Sabre Corpo (SABR)

Operating return on assets (Operating 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
Operating income (ttm)	US$ in thousands	47,143	-44,995	-153,731	-181,741	-261,060	-332,136	-432,289	-542,466	-665,487	-759,120	-835,481	-1,039,181	-988,039	-710,893	-364,384	101,599	363,417	426,799	450,102	507,022
Total assets	US$ in thousands	4,672,190	4,741,700	4,924,560	5,026,010	4,962,880	5,019,620	5,176,740	5,314,480	5,291,330	5,442,910	5,608,450	5,827,840	6,077,720	6,415,500	6,129,210	5,709,860	5,689,960	5,720,730	5,770,070	5,859,560
Operating ROA		1.01%	-0.95%	-3.12%	-3.62%	-5.26%	-6.62%	-8.35%	-10.21%	-12.58%	-13.95%	-14.90%	-17.83%	-16.26%	-11.08%	-5.95%	1.78%	6.39%	7.46%	7.80%	8.65%

December 31, 2023 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $47,143K ÷ $4,672,190K
= 1.01%

Sabre Corp's operating return on assets (ROA) has displayed fluctuations over the past eight quarters. The operating ROA was positive at 1.01% in Q4 2023, indicating that the company generated a modest return from its operating activities relative to its assets. In the preceding quarters, the operating ROA was negative, with Q1 and Q2 2022 recording the lowest figures at -10.20% and -8.34% respectively. These negative percentages signify that the company's operating activities were not efficiently utilizing its assets to generate returns during those periods.

The trend suggests an improvement in the efficiency of asset utilization in more recent quarters compared to earlier periods. However, continuous monitoring is advisable to understand the company's ability to generate profits from its operational activities relative to the assets deployed.