What is General Motors's ROA in the second quarter of 2024?
General Motors Company achieved a return on average assets (ROA) of
4.62 % in its second quarter of 2024, this is above GM's average return on assets of -1.81%.
General Motors Companys assets during the 12 months ending in the second quarter of 2024 are valued at $234 billion
Despite the company's net income deteriorating, General Motors was able to improve its ROA compared to the first quarter of 2024.
However, within the
Consumer Discretionary sector 60 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Jun 30 2024 quarter, so far to
1129, from total ROA ranking in the first quarter of 2024 at
1198.
What is ROA?