GE Vernova LLC (GEV)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | ||
|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 472,000 | -24,000 | 28,000 | -840,000 | -1,020,000 |
| Total assets | US$ in thousands | 51,485,000 | 50,853,000 | 48,052,000 | 47,872,000 | 47,194,000 |
| Operating ROA | 0.92% | -0.05% | 0.06% | -1.75% | -2.16% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $472,000K ÷ $51,485,000K
= 0.92%
Based on the provided data, the operating return on assets (Operating ROA) of GE Vernova LLC has shown fluctuations over the assessed periods:
1. As of December 31, 2023, the Operating ROA was negative at -2.16%, indicating that the company incurred an operating loss relative to its assets.
2. By March 31, 2024, the Operating ROA slightly improved but remained negative at -1.75%, suggesting continued operational challenges.
3. The trend shifted positively by June 30, 2024, where the Operating ROA turned marginally positive at 0.06%, possibly indicating some operational efficiency gains.
4. This positivity was short-lived as by September 30, 2024, the Operating ROA slipped back into negative territory at -0.05%, showcasing inconsistencies in performance.
5. Ending the year on a stronger note, as of December 31, 2024, the Operating ROA significantly improved to 0.92%, signaling a potentially better operational performance in the last quarter of the year.
Overall, the variations in the Operating ROA figures for GE Vernova LLC suggest a volatile operating performance, with improvements seen towards the end of the year. Further analysis of the company's operations and financial strategies may be necessary to fully understand the factors driving these fluctuations in Operating ROA.
Peer comparison
Dec 31, 2024