• Air Canada average return on assets for 2023 was 3.62, a 144.09% increase from 2022.
• Air Canada average return on assets for 2022 was -8.21, a 46.06% decline from 2021.
• Air Canada average return on assets for 2021 was -15.22, a 77.18% decline from 2020.

Roa - return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.