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General Motors Company  (GM)
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General Motors's ROA from the second quarter of 2024 to the second quarter of 2023 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


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?


Return On Assets (Jun 30 2024)
II. Quarter
(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
Y / Y Total Assets Change -23.32 % -22.37 % 2.05 % 7.12 % 44.29 %
Y / Y Net Income Change 14.76 % 25.87 % -0.7 % -7.93 % 52.68 %
Net Income (TTM) in million 10,817 10,447 9,840 9,854 10,112
Return On Assets (TTM) 4.62 % 4.14 % 3.66 % 3.68 % 3.83 %
GM's Total Ranking # 1129 # 1198 # 1385 # 1450 # 1451
Total Assets (TTM) in million 238,209 233,080 228,021 236,718 310,637
Seq. Total Assets Change 2.2 % 2.22 % -3.67 % -23.8 % 3.46 %
Seq. Net Income Change -2.57 % 48.17 % -33.43 % 19.43 % 6.86 %



Return On Assets Company Ranking
Within: No.
Industry # 3
Sector # 61
Overall # 1128

Return On Assets Statistics
High Average Low
6.94 %
-1.81 %
-45.78 %
(June 30. 2011)   (Sep. 30, 2009)





Financial Statements
General Motors's Assets $ 238,209 million GM's Balance sheet
General Motors's Income $ 2,877 million Quarterly GM's Income Statement
GM's Income by Division See GM's Income by Division



Annual Return On Assets (Dec 31 2023)
FY 2023
(Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021
(Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
Y / Y Total Assets Change 2.05 % -17.8 % 3.58 % 30.13 % -0.28 %
Total Assets in million 228,021 223,446 271,831 262,444 201,682
Y / Y Net Income Change 1.36 % -2.38 % 57.33 % -5.19 % -16.71 %
Net Income in million 9,840 9,708 9,945 6,321 6,667
Return On Assets 4.32 % 4.34 % 3.66 % 2.41 % 3.31 %




Comment on GM's ROA in the fiscal year ending 2023
In the fiscal year 2023 ROA deteriorated to 4.32 %, despite annual net income growth of 1.36 % to $9,840.00 million, from $9,708.00 million a year ago, as GM's assets increase to $228,021.00 million, by 1.36 %.


More Return On Assets Ratios
GM's' Return on Assets at Yahoo Finance
EV, Auto & Truck Manufacturers Industry Return On Assets Trends and Statistics
Consumer Discretionary Sector Roa Statistics
Roa Trends for overall market
GM's Roa Ratio versus EV, Auto & Truck Manufacturers Industry, Consumer Discretionary Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for GM's Competitors
Roa for General Motors's Suppliers
Return On Assets for GM's Customers

You may also want to know
GM's Roi GM's Inventory Turnover Ratio GM's Growth Rates GM's Dividend Comparisons
GM's Profitability Ratios GM's Asset Turnover Ratio GM's Dividend Growth
GM's Roe GM's Valuation Ratios GM's Financial Strength Ratios GM's Dividend Payout Ratio



Companies with similar Return On Assets at Jun 30 2024, within Consumer Discretionary Sector ROA
Acushnet Holdings Corp   12.48 %
Federal Signal Corporation  12.22 %
Tesla Inc   11.79 %
Bel Fuse Inc  11.74 %
Acuity Brands Inc   11.01 %
The Toro Company  10.63 %
Graybar Electric Company Inc   10.48 %
Carter s Inc   10.21 %
Ralph Lauren Corporation  10.13 %
Weyco Group inc   10.00 %
Bwx Technologies Inc   9.62 %
Modine Manufacturing Co  9.51 %
Eaco Corp  8.76 %
Caleres inc  8.73 %
Ethan Allen Interiors Inc   8.66 %
Tempur Sealy International Inc   8.21 %
Garrett Motion Inc   8.18 %
Lsi Industries Inc   8.15 %
Columbia Sportswear Company  8.08 %
Dorman Products Inc   7.55 %
Masterbrand Inc   7.45 %
  7.00 %
G Iii Apparel Group Ltd  6.92 %
Genuine Parts Co  6.90 %
Lci Industries  6.82 %
Tapestry Inc   6.79 %
Pvh Corp   6.70 %
La z boy Incorporated  6.48 %
Commercial Vehicle Group Inc   6.41 %
Albany International Corp   6.12 %


Date modified: 2024-07-24T07:26:13+00:00


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