GE Aerospace (GE)

Return on assets (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
Net income (ttm)	US$ in thousands	6,556,000	6,246,000	4,746,000	3,513,000	9,480,000	10,088,000	9,897,000	8,982,000	340,000	-5,700,000	-4,604,000	-4,853,000	-6,519,000	-40,000	-2,441,000	-3,297,000	5,704,000	3,796,000	-4,483,000	-2,369,000
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
ROA		5.32%	4.93%	3.85%	2.14%	5.47%	6.44%	6.07%	5.46%	0.18%	-3.15%	-2.48%	-2.53%	-3.28%	-0.02%	-1.03%	-1.34%	2.23%	1.49%	-1.75%	-0.90%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $6,556,000K ÷ $123,140,000K
= 5.32%

The return on assets (ROA) of GE Aerospace has shown fluctuations over the periods analyzed. From a low of -3.28% at the end of December 2021, ROA improved gradually and reached a peak of 6.44% by the end of September 2023. However, there was a slight dip in the subsequent quarter to 5.47% by the end of December 2023. In the most recent periods, ROA has remained relatively stable, hovering around 5% indicating efficient utilization of assets to generate profits. Overall, the trend suggests an improvement in the company's ability to generate earnings from its assets with some volatility in the intermediate periods.