• Alaska Air average return on assets for 2023 was 1.22, a 11.59% increase from 2022.
• Alaska Air average return on assets for 2022 was 1.38, a 158.97% decline from 2021.
• Alaska Air average return on assets for 2021 was -2.34, a 6.02% 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.