What is ROE for General Motors in the second quarter 2024?
General Motors Company achieved a return on average equity (ROE) of
14.98 % in its second quarter 2024, this is above GM's average return on equity of 8.15%.
General Motors Companys equity during the 12 months ending in the second quarter 2024 are valued at $72 billion
While the company's net income was fading, General Motors was able to improve its ROE compared to the first quarter 2024.
Within the
EV, Auto & Truck Manufacturers industry 2 other companies had a higher return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to
706, from total ROE ranking in the first quarter 2024 at
774.
What is ROE?
