GE Aerospace (GE)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 19,342,000 | 18,874,000 | 18,598,000 | 29,855,000 | 27,403,000 | 28,665,000 | 31,194,000 | 31,652,000 | 33,696,000 | 31,475,000 | 34,649,000 | 39,005,000 | 40,310,000 | 37,477,000 | 33,487,000 | 33,585,000 | 35,552,000 | 33,269,000 | 33,674,000 | 35,284,000 |
| ROE | 33.90% | 33.09% | 25.52% | 11.77% | 34.59% | 35.19% | 31.73% | 28.38% | 1.01% | -18.11% | -13.29% | -12.44% | -16.17% | -0.11% | -7.29% | -9.82% | 16.04% | 11.41% | -13.31% | -6.71% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $6,556,000K ÷ $19,342,000K
= 33.90%
The return on equity (ROE) for GE Aerospace has shown a fluctuating trend over the periods covered. The ROE started in negative territory in March 2020 at -6.71% and remained negative through June 2022, reaching the lowest point at -18.11% in September 2022. However, the company showed signs of improvement in ROE starting from December 2022, when it turned positive at 1.01%.
Subsequently, the ROE continued to rise steadily, reaching its peak at 35.19% in September 2023. This strong performance was sustained through December 2023 and March 2024, where ROE stayed above 30%. The financial health of GE Aerospace, as indicated by its ROE, remained robust and stable during this period.
However, there was a slight dip in the ROE in subsequent quarters, dropping to 25.52% in June 2024. Nonetheless, the trend quickly reversed, and GE Aerospace ended the year on a positive note with an ROE of 33.90% in December 2024.
Overall, the improving trend in GE Aerospace's ROE signals increasing profitability and efficiency in generating returns for its shareholders, with the company demonstrating the ability to effectively deploy its equity to generate profits.
Peer comparison
Dec 31, 2024