What is General Motors's ROI in the second quarter of 2024?
General Motors Company achieved a return on average invested assets (ROI) of
5.85 % in its second quarter of 2024, this is above GM's average return on investment of -10.6%.
General Motors Companys investments during the 12 months ending in the second quarter of 2024 are valued at $184 billion
Despite the deterioration in its net income, company has improved ROI compared to the first quarter of 2024.
Within the
Consumer Discretionary sector 60 other companies had a higher return on investment. While Return on investment, overall ranking has progressed in the Jun 30 2024 quarter, so far to
941, from total ROI ranking in the first quarter of 2024 at
1020.
Definition and Formula of Return on Investment
| Return On Investment |
(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 Investment Change TTM |
4.5 % |
4.74 % |
4.33 % |
2.97 % |
1.74 % |
| Y / Y Net Income Change TTM |
6.97 % |
12.98 % |
42.59 % |
101.35 % |
515.83 % |
| Investment (TTM) in Millions |
190,859 |
184,814 |
178,619 |
184,885 |
183,115 |
| Return On Investment (TTM) |
5.85 % |
5.71 % |
5.44 % |
5.49 % |
5.72 % |
| GM's Overall
Ranking |
# 941 |
# 1020 |
# 1051 |
# 1227 |
# 1248 |
| Seq. Investment Change TTM |
1.06 % |
1.1 % |
0.8 % |
1.46 % |
1.29 % |
| Seq. Net Income Change TTM |
3.54 % |
6.17 % |
-0.14 % |
-2.55 % |
9.35 % |
| Net Income (TTM) in Millions |
10,817 |
10,447 |
9,840 |
9,854 |
10,112 |
