General Motors Company (GM)
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 | 12,783,000 | 12,179,000 | 11,541,000 | 10,457,000 | 9,298,000 | 10,991,000 | 11,370,000 | 10,697,000 | 11,124,000 | 10,033,000 | 8,286,000 | 9,052,000 | 9,324,000 | 10,571,000 | 13,350,000 | 9,254,000 | 6,634,000 | 3,313,000 | 1,193,000 | 4,894,000 |
| Total assets | US$ in thousands | 279,761,000 | 289,289,000 | 282,956,000 | 276,591,000 | 273,064,000 | 281,705,000 | 275,833,000 | 267,004,000 | 264,037,000 | 260,529,000 | 253,517,000 | 251,492,000 | 244,718,000 | 238,557,000 | 241,803,000 | 238,411,000 | 235,194,000 | 239,671,000 | 237,535,000 | 246,624,000 |
| Operating ROA | 4.57% | 4.21% | 4.08% | 3.78% | 3.41% | 3.90% | 4.12% | 4.01% | 4.21% | 3.85% | 3.27% | 3.60% | 3.81% | 4.43% | 5.52% | 3.88% | 2.82% | 1.38% | 0.50% | 1.98% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $12,783,000K ÷ $279,761,000K
= 4.57%
General Motors Company's operating return on assets (operating ROA) has demonstrated fluctuations over the period from March 31, 2020, to December 31, 2024. The operating ROA ranged from a low of 0.50% in June 2020 to a high of 5.52% in June 2021.
The trend indicates variability in the company's ability to generate operating income from its assets efficiently. There were periods of improvement in operating ROA, such as the sharp increase from December 2020 to June 2021. However, this was followed by a slight decline in the subsequent quarters, stabilizing around the 4% range.
The recent operating ROA of 4.57% as of December 31, 2024, suggests that General Motors Company has been able to effectively utilize its assets to generate operating profits. It will be important to continue monitoring this metric to assess the company's ongoing operational efficiency and profitability.
Peer comparison
Dec 31, 2024