Passenger Airlines Companies By Roa

Return On Asset
ROAEfficiencyMarket RiskExp Return
1CPA Copa Holdings SA
0.0894
 0.16 
 1.57 
 0.25 
2RYAAY Ryanair Holdings PLC
0.0729
 0.20 
 1.90 
 0.38 
3LTM LATAM Airlines Group
0.0644
 0.27 
 1.69 
 0.46 
4SKYW SkyWest
0.0514
 0.11 
 2.00 
 0.21 
5UAL United Airlines Holdings
0.0459
 0.09 
 3.28 
 0.30 
6DAL Delta Air Lines
0.0452
 0.10 
 2.85 
 0.30 
7SNCY Sun Country Airlines
0.0447
(0.03)
 3.20 
(0.09)
8ALK Alaska Air Group
0.0282
 0.05 
 2.56 
 0.13 
9AAL American Airlines Group
0.028
 0.06 
 3.23 
 0.21 
10ALGT Allegiant Travel
0.017
 0.00 
 3.86 
 0.00 
11LUV Southwest Airlines
0.0055
 0.01 
 2.50 
 0.02 
12MESA Mesa Air Group
0.0047
 0.08 
 2.49 
 0.19 
13VLRS Volaris
5.0E-4
 0.17 
 3.39 
 0.56 
14JBLU JetBlue Airways Corp
-0.0055
 0.01 
 3.46 
 0.02 
15ULCC Frontier Group Holdings
-0.0295
 0.02 
 4.73 
 0.09 
16FLYX flyExclusive,
-0.0883
(0.05)
 5.50 
(0.30)
17BLDE Blade Air Mobility
-0.11
 0.16 
 4.97 
 0.77 
18UP Wheels Up Experience
-0.13
 0.07 
 7.56 
 0.53 
19SRFM Surf Air Mobility
-0.26
 0.12 
 15.69 
 1.91 
20JOBY Joby Aviation
-0.34
 0.30 
 6.63 
 2.01 
The analysis above is based on a 90-day investment horizon and a default level of risk. Use the Portfolio Analyzer to fine-tune all your assumptions. Check your current assumptions here.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time. Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.