Sabre Corpo (SABR)

Return on assets (ROA)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	-527,608	-435,448	-928,469	-1,282,340	158,592
Total assets	US$ in thousands	4,672,190	4,962,880	5,291,330	6,077,720	5,689,960
ROA		-11.29%	-8.77%	-17.55%	-21.10%	2.79%

December 31, 2023 calculation

ROA = Net income ÷ Total assets
= $-527,608K ÷ $4,672,190K
= -11.29%

Sabre Corp's return on assets (ROA) has shown fluctuations over the past five years. In 2019, the ROA was positive at 2.79%, indicating that the company generated a profit from its assets. However, the ROA declined significantly in the following years, with negative ROAs of -21.07% in 2020, -17.96% in 2021, -9.20% in 2022, and -11.60% in 2023.

A negative ROA typically suggests that the company is not effectively utilizing its assets to generate profits. The consecutive years of negative ROAs indicate a concerning trend in Sabre Corp's ability to generate returns from its asset base. This could be attributed to various factors such as inefficient asset utilization, declining profitability, or increasing asset base without corresponding revenue growth.

Overall, Sabre Corp's ROA performance has deteriorated over the past five years, signaling potential inefficiencies in asset management and profitability challenges that may require further investigation and strategic intervention.