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Alaska Air Group Inc
NYSE:ALK

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Alaska Air Group Inc Logo
Alaska Air Group Inc
NYSE:ALK
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Price: 42.99 USD 2.33% Market Closed
Updated: Mar 29, 2024

ROA
Return on Assets

1.6%
Current
-1%
Average
1.6%
Industry
Positive for the last year
1.6%
Negative average
-1%
Better than average
Better than industry value

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
1.6%
=
Net Income
235m
/
Total Assets
14.4B

ROA Across Competitors

ROA Comparison
Alaska Air Group Inc Competitors

Country US
Market Cap 5.4B USD
ROA
2%
Country FI
Market Cap 59.9B EUR
ROA
6%
Country US
Market Cap 30.8B USD
ROA
6%
Country IE
Market Cap 24B EUR
ROA
13%
Country US
Market Cap 17.4B USD
ROA
1%
Country IN
Market Cap 1.4T INR
ROA
12%
Country US
Market Cap 15.7B USD
ROA
4%
Country CN
Market Cap 104.7B CNY
ROA
-3%
Country SG
Market Cap 19B SGD
ROA
5%
Country CN
Market Cap 100.4B CNY
ROA
-4%
Country MX
Market Cap 12.5B USD
ROA
-16%

ROA Distribution

ROA Distribution
Airlines Industry

Profitability Report

View the profitability report to see the full profitability analysis for Alaska Air Group Inc.

See Also

Discover More
What is Return on Assets?

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
1.6%
=
Net Income
235m
/
Total Assets
14.4B
What is the ROA of Alaska Air Group Inc?

Based on Alaska Air Group Inc's most recent financial statements, the company has ROA of 1.6%.