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General Motors GM Return on invested capital

Return on invested capital at other companies

Ford Motor Company logo
Ford Motor CompanyF
-32%-46.6pp
Tesla, Inc. logo
Tesla, Inc.TSLA
5.2%-2.8pp
Rivian Automotive, Inc. logo
Rivian Automotive, Inc.RIVN
-57.6%-0.5pp
Penske Automotive Group logo
Penske Automotive GroupPAG
9.2%-2.1pp
LAD
Lithia MotorsLAD
15.7%-1.6pp
Carvana logo
CarvanaCVNA
32.6%+12.5pp

Other financials

Income statement

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Revenue$43.6B-0.9%
Gross profit$6.6B
Operating income$2.9B-12.7%
Net income$2.6B-5.6%
EPS (diluted)$2.82-15.8%

Balance sheet

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Cash & equivalents$24.1B+0.1%
Total debt$266.0M+4.7%
Total equity$62.7B-2.7%
Total assets$280.97B-0.4%

Cash flow

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Operating cash flow$3.0B-51.3%
CapEx$1.5B-16.7%
Free cash flow$1.4B-66.1%

Valuation

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Market cap$71.49B+43.9%
P/E8.3×0.0×
P/S0.4×+0.1×

Profitability

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Gross margin20.8%
Operating margin4.3%-2.4pp
Net margin6.1%+0.2pp
FCF margin8%+1.0pp

Returns & leverage

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Return on equity15.2%+0.9pp
Debt / equity0.0×
Current ratio1.2×-0.1×

Where this comes from

Calculated from General Motors’s reported figures.

Based on trailing twelve months.

The official record: General Motors’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is General Motors's return on invested capital?
General Motors (GM) reported return on invested capital of 30.8% in Q4 2024.
How has General Motors's return on invested capital changed year-over-year?
General Motors's return on invested capital increased by 47.0% year-over-year, from 21% to 30.8%.
What is the long-term trend for General Motors's return on invested capital?
Over 4 years (2020 to 2024), General Motors's return on invested capital has grown at a 6.2% compound annual growth rate (CAGR), from 24.2% to 30.8%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.