Mesa Air Group (MESA) Return on Invested Capital (ROIC)

Price: $0.783
Market Cap: $32.35M
Avg Volume: 198.10K
Country: US
Industry: Airlines, Airports & Air Services
Sector: Industrials
Beta: 3.073
52W Range: $0.77-1.89
Website: Mesa Air Group

Return on Invested Capital (ROIC) Summary

Mesa Air Group's ROIC measures how effectively the company uses its invested capital to generate profits:

  • Annual: -9.86%
  • Quarterly: -1.57%
  • TTM: -0.97%

What is ROIC?

Return on Invested Capital (ROIC) measures how effectively a company uses its capital from debt and equity to generate profits. ROIC is a useful metric for comparing the efficiency of capital allocation between different companies or across time periods within the same company. A higher ROIC indicates a more efficient use of capital.

Related Metrics

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

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: -60.05%
    • Quarterly: -14.76%
    • TTM: -45.88%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: -13.37%
    • Quarterly: -3.00%
    • TTM: -9.95%

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 ROIC

-9.86%

Quarterly ROIC

-1.57%

TTM ROIC

-0.97%

Mesa Air Group Historical ROIC

12.75%12.75%10.49%10.49%8.23%8.23%5.97%5.97%3.71%3.71%1.45%1.45%-0.81%-0.81%-3.07%-3.07%-5.33%-5.33%-7.59%-7.59%-9.86%-9.86%ROIC-9.86%-1.33%-0.77%-0.06%2.99%11.09%4.79%2.84%0.00%4.93%20092009201020102011201120122012201320132014201420152015201620162017201720182018201920192020202020212021202220222023202320242024

Historical ROE

16.99%16.99%9.28%9.28%1.58%1.58%-6.12%-6.12%-13.83%-13.83%-21.53%-21.53%-29.23%-29.23%-36.94%-36.94%-44.64%-44.64%-52.34%-52.34%-60.05%-60.05%ROE-60.05%-59.28%3.40%6.00%11.17%8.88%14.77%7.89%0.00%-26.59%20092009201020102011201120122012201320132014201420152015201620162017201720182018201920192020202020212021202220222023202320242024

Historical ROA

3.77%3.77%1.75%1.75%-0.26%-0.26%-2.27%-2.27%-4.29%-4.29%-6.30%-6.30%-8.32%-8.32%-10.33%-10.33%-12.35%-12.35%-14.36%-14.36%-16.37%-16.37%ROA-13.37%-16.37%1.14%1.83%3.28%2.26%2.42%1.16%0.00%-3.04%20092009201020102011201120122012201320132014201420152015201620162017201720182018201920192020202020212021202220222023202320242024

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 ROIC ROE ROA
2023 -9.86% -60.05% -13.37%
2022 -1.33% -59.28% -16.37%
2021 -0.77% 3.40% 1.14%
2020 -0.06% 6.00% 1.83%
2019 2.99% 11.17% 3.28%
2018 11.09% 8.88% 2.26%
2017 4.79% 14.77% 2.42%
2016 2.84% 7.89% 1.16%
2015 0.00% 0.00% 0.00%
2008 4.93% -26.59% -3.04%

Related Metrics

Explore detailed financial metrics and analysis for MESA.

Financial Analysis
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Company Intelligence
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Income & Revenue
Earnings Revenue Revenue Growth Profit Net Income Profit Margin EBITDA Free Cash Flow Revenue Segments
Valuation
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Returns & Ratios
ROIC ROE ROA Current Ratio Quick Ratio Debt/Equity Ratio Earnings Per Share
Balance Sheet
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Dividends
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