Mesa Air Group (MESA) Return on Equity (ROE)

Price: $0.7101
Market Cap: $29.34M
Avg Volume: 195.54K
Country: US
Industry: Airlines, Airports & Air Services
Sector: Industrials
Beta: 3.111
52W Range: $0.68-1.89
Website: Mesa Air Group

Return on Equity (ROE) Summary

Mesa Air Group's ROE measures the return generated on shareholders' equity:

  • Annual: -60.05%
  • Quarterly: -14.76%
  • TTM: -45.88%

What is Return on Equity (ROE)?

Return on Equity measures a company's ability to generate profits from its shareholders' equity. It indicates how effectively the management is using the company’s assets to create profits. A higher ROE generally reflects well on the company’s management and its ability to generate profits without needing as much capital.

Related Metrics

Other important metrics to assess Mesa Air Group's profitability include:

  • ROIC (Return on Invested Capital) - measures how effectively the company uses its invested capital to generate profits:
    • Annual: -9.86%
    • Quarterly: -1.57%
    • TTM: -0.97%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: -13.37%
    • Quarterly: -3.00%
    • TTM: -9.95%
  • Profit Margin - indicates the profitability of the company relative to its revenue:
    • Annual: -24.12%
    • Quarterly: -17.97%
    • TTM: -18.30%

These metrics provide insights into Mesa Air Group's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual ROE

-60.05%

Quarterly ROE

-14.76%

TTM ROE

-45.88%

Mesa Air Group Historical ROE
14.77%14.77%-0.19%-0.19%-15.16%-15.16%-30.12%-30.12%-45.08%-45.08%-60.05%-60.05%ROE20092009201020102011201120122012201320132014201420152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical ROIC
15.28%15.28%11.09%11.09%6.90%6.90%2.71%2.71%-1.48%-1.48%-5.67%-5.67%-9.86%-9.86%ROIC20092009201020102011201120122012201320132014201420152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical ROA
7.21%7.21%3.28%3.28%-0.65%-0.65%-4.58%-4.58%-8.51%-8.51%-12.44%-12.44%-16.37%-16.37%ROA20092009201020102011201120122012201320132014201420152015201620162017201720182018201920192020202020212021202220222023202320242024

Mesa Air Group Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2023.

Year ROE ROIC ROA Profit Margin
2023 -60.05% -9.86% -13.37% -24.12%
2022 -59.28% -1.33% -16.37% -34.40%
2021 3.40% -0.77% 1.14% 3.29%
2020 6.00% -0.06% 1.83% 5.04%
2019 11.17% 2.99% 3.28% 6.58%
2018 8.88% 11.09% 2.26% 4.88%
2017 14.77% 4.79% 2.42% 5.10%
2016 7.89% 2.84% 1.16% 2.54%
2015 0.00% 0.00% 0.00% 7.71%
2008 -26.59% 4.93% -3.04% -2.20%

Related Metrics

Explore detailed financial metrics and analysis for MESA.