General Motors Company (GM)

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	6,008,000	11,070,000	11,078,000	10,711,000	10,126,000	10,024,000	10,265,000	9,391,000	9,935,000	9,677,000	8,792,000	9,936,000	10,019,000	11,124,000	12,749,000	9,155,000	6,427,000	3,387,000	1,693,000	4,869,000
Total stockholders’ equity	US$ in thousands	63,072,000	70,935,000	68,633,000	66,598,000	64,286,000	74,475,000	71,655,000	69,877,000	67,792,000	65,268,000	63,954,000	62,095,000	59,744,000	54,150,000	51,669,000	48,343,000	45,030,000	43,341,000	39,304,000	40,113,000
ROE		9.53%	15.61%	16.14%	16.08%	15.75%	13.46%	14.33%	13.44%	14.66%	14.83%	13.75%	16.00%	16.77%	20.54%	24.67%	18.94%	14.27%	7.81%	4.31%	12.14%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $6,008,000K ÷ $63,072,000K
= 9.53%

General Motors Company's return on equity (ROE) has displayed fluctuations over the past few years, ranging from as low as 4.31% in June 2020 to a peak of 24.67% in June 2021. The ROE increased steadily from March 2021 to June 2021, indicating improved profitability relative to shareholder equity during that period.

Subsequently, there was a slight decrease in ROE from June 2021 to September 2021, followed by some fluctuations around the 15-17% range in the subsequent quarters.

The ROE dipped notably in December 2024 to 9.53%, possibly indicating a decrease in profitability relative to equity at the end of that year. Overall, the ROE trend suggests that General Motors has experienced variations in its efficiency in generating profits from shareholders' equity over the period under review. Further analysis would be necessary to understand the factors driving these fluctuations in ROE.