General Motors Company (GM)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 12,784,000 | 9,298,000 | 10,315,000 | 13,666,000 | 8,928,000 |
| Total assets | US$ in thousands | 279,761,000 | 273,064,000 | 264,037,000 | 244,718,000 | 235,194,000 |
| Operating ROA | 4.57% | 3.41% | 3.91% | 5.58% | 3.80% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $12,784,000K ÷ $279,761,000K
= 4.57%
General Motors Company's operating return on assets (Operating ROA) has fluctuated over the past five years. In December 2020, the Operating ROA was 3.80%, which improved to 5.58% by December 2021, indicating an increase in the company's ability to generate operating income from its assets. However, in December 2022, the Operating ROA decreased slightly to 3.91%, before declining further to 3.41% in December 2023. The Operating ROA then rebounded to 4.57% by December 2024.
Overall, General Motors Company's Operating ROA performance demonstrates variability, with periods of improvement and decline. It is essential for the company to analyze the factors contributing to these fluctuations to sustain and enhance its operational efficiency and profitability in the future.
Peer comparison
Dec 31, 2024