Return on Equity (ROE)
since 2010
Calculation
General Motors Co., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income (loss) attributable to stockholders1 | ÷ | Stockholders’ equity1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 15.75% | = | 100 | × | 10,127) | ÷ | 64,286) |
| Dec 31, 2022 | 14.65% | = | 100 | × | 9,934) | ÷ | 67,792) |
| Dec 31, 2021 | 16.77% | = | 100 | × | 10,019) | ÷ | 59,744) |
| Dec 31, 2020 | 14.27% | = | 100 | × | 6,427) | ÷ | 45,030) |
| Dec 31, 2019 | 16.11% | = | 100 | × | 6,732) | ÷ | 41,792) |
| Dec 31, 2018 | 20.62% | = | 100 | × | 8,014) | ÷ | 38,860) |
| Dec 31, 2017 | -11.04% | = | 100 | × | (3,864) | ÷ | 35,001) |
| Dec 31, 2016 | 21.51% | = | 100 | × | 9,427) | ÷ | 43,836) |
| Dec 31, 2015 | 24.30% | = | 100 | × | 9,687) | ÷ | 39,871) |
| Dec 31, 2014 | 11.14% | = | 100 | × | 3,949) | ÷ | 35,457) |
| Dec 31, 2013 | 12.55% | = | 100 | × | 5,346) | ÷ | 42,607) |
| Dec 31, 2012 | 17.07% | = | 100 | × | 6,188) | ÷ | 36,244) |
| Dec 31, 2011 | 24.11% | = | 100 | × | 9,190) | ÷ | 38,120) |
| Dec 31, 2010 | 17.06% | = | 100 | × | 6,172) | ÷ | 36,180) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).
1 US$ in millions
Comparison to Competitors
General Motors Co., ROE, long-term trends, comparison to competitors
| General Motors Co. | Ford Motor Co. | Tesla Inc. | |
|---|---|---|---|
| Dec 31, 2023 | 15.75% | 10.16% | 23.94% |
| Dec 31, 2022 | 14.65% | -4.58% | 28.09% |
| Dec 31, 2021 | 16.77% | 36.97% | 18.28% |
| Dec 31, 2020 | 14.27% | -4.17% | 3.24% |
| Dec 31, 2019 | 16.11% | 0.14% | -13.03% |
| Dec 31, 2018 | 20.62% | 10.23% | -19.83% |
| Dec 31, 2017 | -11.04% | 21.79% | -46.29% |
| Dec 31, 2016 | 21.51% | 15.76% | -14.20% |
| Dec 31, 2015 | 24.30% | 25.74% | -81.61% |
| Dec 31, 2014 | 11.14% | 12.85% | -32.25% |
| Dec 31, 2013 | 12.55% | 27.12% | -11.09% |
| Dec 31, 2012 | 17.07% | 35.52% | -317.73% |
| Dec 31, 2011 | 24.11% | 134.50% | -113.55% |
| Dec 31, 2010 | 17.06% | — | -74.54% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).
Comparison to Sector (Automobiles & Components)
General Motors Co., ROE, long-term trends, comparison to sector (automobiles & components)
| General Motors Co. | Automobiles & Components | |
|---|---|---|
| Dec 31, 2023 | 15.75% | 17.37% |
| Dec 31, 2022 | 14.65% | 13.17% |
| Dec 31, 2021 | 16.77% | 24.18% |
| Dec 31, 2020 | 14.27% | 5.99% |
| Dec 31, 2019 | 16.11% | 7.25% |
| Dec 31, 2018 | 20.62% | 13.44% |
| Dec 31, 2017 | -11.04% | 2.40% |
| Dec 31, 2016 | 21.51% | 17.17% |
| Dec 31, 2015 | 24.30% | 23.23% |
| Dec 31, 2014 | 11.14% | 11.18% |
| Dec 31, 2013 | 12.55% | 17.84% |
| Dec 31, 2012 | 17.07% | 21.90% |
| Dec 31, 2011 | 24.11% | 54.61% |
| Dec 31, 2010 | 17.06% | 35.22% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).
Comparison to Industry (Consumer Discretionary)
General Motors Co., ROE, long-term trends, comparison to industry (consumer discretionary)
| General Motors Co. | Consumer Discretionary | |
|---|---|---|
| Dec 31, 2023 | 15.75% | 30.61% |
| Dec 31, 2022 | 14.65% | 21.65% |
| Dec 31, 2021 | 16.77% | 34.37% |
| Dec 31, 2020 | 14.27% | 25.29% |
| Dec 31, 2019 | 16.11% | 34.62% |
| Dec 31, 2018 | 20.62% | 34.33% |
| Dec 31, 2017 | -11.04% | 22.85% |
| Dec 31, 2016 | 21.51% | 28.74% |
| Dec 31, 2015 | 24.30% | 29.03% |
| Dec 31, 2014 | 11.14% | 20.60% |
| Dec 31, 2013 | 12.55% | 20.34% |
| Dec 31, 2012 | 17.07% | 21.97% |
| Dec 31, 2011 | 24.11% | 34.92% |
| Dec 31, 2010 | 17.06% | 24.34% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).