GE Aerospace
GE Aerospace returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
Cash and cash equivalents is unavailable in the extracted statements for this period.
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | — | 10.43% | — | 48.79% | 7.09% | — |
| FY 2026 Q1 | Mar 31, 2026 | — | 9.89% | — | 46.26% | 6.83% | — |
| FY 2025 Q4 | Dec 31, 2025 | — | 9.46% | — | 45.79% | 6.87% | — |
| FY 2025 Q3 | Sep 30, 2025 | — | 8.99% | — | 42.79% | 6.32% | — |
| FY 2025 Q2 | Jun 30, 2025 | — | 7.7% | — | 41.12% | 6.24% | — |
| FY 2025 Q1 | Mar 31, 2025 | — | 6.26% | — | 28.49% | 4.86% | — |
| FY 2024 Q4 | Dec 31, 2024 | — | 5.33% | — | 28.07% | 4.58% | — |
| FY 2024 Q3 | Sep 30, 2024 | — | 4.1% | — | 26.28% | 4.41% | — |
| FY 2024 Q2 | Jun 30, 2024 | — | 4.11% | — | 18.69% | 3.31% | — |
| FY 2024 Q1 | Mar 31, 2024 | — | 2.97% | — | 10.94% | 2.14% | — |
| FY 2023 Q4 | Dec 31, 2023 | — | 2.52% | — | 28.82% | 5.4% | — |
| FY 2023 Q3 | Sep 30, 2023 | — | 1.83% | — | 32.65% | 5.99% | — |
| FY 2023 Q2 | Jun 30, 2023 | — | 0.75% | — | 28.31% | 5.51% | — |
| FY 2023 Q1 | Mar 31, 2023 | — | 0.94% | — | 24.02% | 4.92% | — |
| FY 2022 Q4 | Dec 31, 2022 | — | 0.13% | — | -0.17% | 0.12% | — |
| FY 2022 Q3 | Sep 30, 2022 | — | -2.84% | — | -17.5% | -2.79% | — |
| FY 2022 Q2 | Jun 30, 2022 | — | -2.56% | — | -13.47% | -2.09% | — |
| FY 2022 Q1 | Mar 31, 2022 | — | -4.12% | — | -13.56% | -2.18% | — |
| FY 2021 Q4 | Dec 31, 2021 | — | -3.78% | — | -17.81% | -2.88% | — |
| FY 2021 Q3 | Sep 30, 2021 | — | — | — | -0.62% | -0.02% | — |
| FY 2021 Q2 | Jun 30, 2021 | — | — | — | -7.79% | -0.99% | — |
| FY 2021 Q1 | Mar 31, 2021 | — | — | — | — | — | — |
| FY 2020 Q4 | Dec 31, 2020 | — | -3.22% | — | 16.38% | 2.2% | — |
| FY 2020 Q3 | Sep 30, 2020 | — | — | — | 10.87% | 1.47% | — |
| FY 2020 Q2 | Jun 30, 2020 | — | — | — | -14.25% | -1.58% | — |
| FY 2019 Q4 | Dec 31, 2019 | — | — | — | -18.34% | -1.73% | — |
| FY 2019 Q3 | Sep 30, 2019 | — | — | — | -17.57% | -1.72% | — |
| FY 2019 Q2 | Jun 30, 2019 | — | — | — | -40.84% | -5.59% | — |
| FY 2019 Q1 | Mar 31, 2019 | — | — | — | -39.25% | -5.23% | — |
| FY 2018 Q4 | Dec 31, 2018 | — | — | — | -47.88% | -6.51% | — |
| FY 2018 Q3 | Sep 30, 2018 | — | — | — | -61.4% | -9.5% | — |
| FY 2018 Q2 | Jun 30, 2018 | — | — | — | -13.02% | -2.34% | — |
| FY 2018 Q1 | Mar 31, 2018 | — | — | — | -12.02% | -2.14% | — |
| FY 2017 Q4 | Dec 31, 2017 | — | — | — | -8.88% | -1.56% | — |
| FY 2017 Q3 | Sep 30, 2017 | — | — | — | 9.2% | 1.96% | — |
| FY 2017 Q2 | Jun 30, 2017 | — | — | — | 9.38% | 2.04% | — |
| FY 2017 Q1 | Mar 31, 2017 | — | — | — | 10.89% | 2.27% | — |
| FY 2016 Q4 | Dec 31, 2016 | — | — | — | 9.39% | 2.06% | — |
| FY 2016 Q3 | Sep 30, 2016 | — | — | — | 11.33% | 2.35% | — |
| FY 2016 Q2 | Jun 30, 2016 | — | — | — | 11.77% | 2.35% | — |
| FY 2016 Q1 | Mar 31, 2016 | — | — | — | 7.36% | 1.41% | — |
| FY 2015 Q4 | Dec 31, 2015 | — | — | — | -5.43% | -1.07% | — |
| FY 2015 Q3 | Sep 30, 2015 | — | — | — | -5.91% | -1.18% | — |
| FY 2015 Q2 | Jun 30, 2015 | — | — | — | -5.13% | -0.99% | — |
| FY 2015 Q1 | Mar 31, 2015 | — | — | — | -1.11% | -0.21% | — |
| FY 2014 Q4 | Dec 31, 2014 | — | — | — | 11.78% | 2.33% | — |
| FY 2014 Q3 | Sep 30, 2014 | — | — | — | 10.31% | 2.03% | — |
| FY 2014 Q2 | Jun 30, 2014 | — | — | — | 10.09% | 1.97% | — |
| FY 2014 Q1 | Mar 31, 2014 | — | — | — | 9.81% | 1.89% | — |
| FY 2013 Q4 | Dec 31, 2013 | — | — | — | 10.3% | 1.95% | — |
| FY 2013 Q3 | Sep 30, 2013 | — | — | — | 11.3% | 2.04% | — |
| FY 2013 Q2 | Jun 30, 2013 | — | — | — | 11.67% | 2.09% | — |
| FY 2013 Q1 | Mar 31, 2013 | — | — | — | 11.61% | 2.05% | — |
| FY 2012 Q4 | Dec 31, 2012 | — | — | — | 11.39% | 1.95% | — |
| FY 2012 Q3 | Sep 30, 2012 | — | — | — | 10.82% | 1.86% | — |
| FY 2012 Q2 | Jun 30, 2012 | — | — | — | 9.84% | 1.83% | — |
| FY 2012 Q1 | Mar 31, 2012 | — | — | — | 10.51% | 1.92% | — |
| FY 2011 Q4 | Dec 31, 2011 | 3.18% | — | — | 11.15% | 1.93% | -4.5 pp |
| FY 2011 Q3 | Sep 30, 2011 | — | — | — | 11.54% | 2% | — |
| FY 2011 Q2 | Jun 30, 2011 | — | — | — | 11.15% | 1.85% | — |
| FY 2011 Q1 | Mar 31, 2011 | — | — | — | 10.75% | 1.74% | — |
| FY 2010 Q4 | Dec 31, 2010 | 3.18% | — | — | 9.6% | 1.52% | -4.5 pp |
| FY 2010 Q3 | Sep 30, 2010 | — | — | — | 8.43% | 1.31% | — |
| FY 2010 Q2 | Jun 30, 2010 | — | — | — | 9.08% | 1.38% | — |
| FY 2010 Q1 | Mar 31, 2010 | — | — | — | — | — | — |
| FY 2009 Q4 | Dec 31, 2009 | — | — | — | — | — | — |
| FY 2009 Q3 | Sep 30, 2009 | — | — | — | — | — | — |
| FY 2009 Q2 | Jun 30, 2009 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · GE, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.