GE Aerospace (GE)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 26,476,000 | 27,815,000 | 33,923,000 | 38,243,000 | 37,160,000 | 38,452,000 | 38,164,000 | 38,870,000 | 36,525,000 | 36,171,000 | 22,750,000 | 8,843,000 | -378,000 | -1,080,000 | -2,893,000 | -8,282,000 | -7,975,000 | -14,878,000 | -14,525,000 | -10,772,000 |
| Total assets | US$ in thousands | 123,140,000 | 126,698,000 | 123,190,000 | 163,942,000 | 173,300,000 | 156,662,000 | 163,006,000 | 164,472,000 | 188,851,000 | 180,877,000 | 185,540,000 | 191,961,000 | 198,874,000 | 237,133,000 | 237,559,000 | 245,164,000 | 256,211,000 | 254,315,000 | 256,487,000 | 262,021,000 |
| Operating ROA | 21.50% | 21.95% | 27.54% | 23.33% | 21.44% | 24.54% | 23.41% | 23.63% | 19.34% | 20.00% | 12.26% | 4.61% | -0.19% | -0.46% | -1.22% | -3.38% | -3.11% | -5.85% | -5.66% | -4.11% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $26,476,000K ÷ $123,140,000K
= 21.50%
Operating return on assets (Operating ROA) is a key financial ratio that indicates the efficiency of GE Aerospace in generating profits from its assets used in operations. The analysis of GE Aerospace's Operating ROA for the period from March 31, 2020, to December 31, 2024, reveals a fluctuating trend.
Initially, the company experienced negative Operating ROA figures, indicating that it was not effectively utilizing its assets to generate operating profits. However, starting from March 31, 2022, there was a significant improvement in the Operating ROA, turning positive at 4.61% and steadily increasing in the subsequent periods.
By June 30, 2024, GE Aerospace achieved a notable Operating ROA of 27.54%, reflecting an efficient utilization of its assets to generate operating income. This positive trend suggests that the company's operational performance improved significantly over the analyzed period.
While the Operating ROA fluctuated throughout the period under review, the overall trend indicates a positive shift towards greater profitability and efficiency in utilizing assets for generating operating income. GE Aerospace's ability to sustain and potentially further improve its Operating ROA will be critical for its long-term financial health and growth.
Peer comparison
Dec 31, 2024