General Motors CoGM +2.40%78 Return-on-Tangible-Asset is 3.80% as of Mar. 2026, which is 12% above its 10-year median of 3.39. GuruFocus rates GM with a GF Score™ of 78/100 and a GF Value™ of $63.98 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,334 Vehicles & Parts companies, General Motors Co ranks worse than 68.52% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. General Motors Co's annualizedNet Income for the quarter that ended in Mar. 2026 was $10,508 Mil. General Motors Co's average total tangible assets for the quarter that ended in Mar. 2026 was $276,785 Mil. Therefore, General Motors Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.80%.
The historical rank and industry rank for General Motors Co's Return-on-Tangible-Asset or its related term are showing as below:
GM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.83 Med: 3.39 Max: 4.67
Current: 0.91
During the past 13 years, General Motors Co's highest Return-on-Tangible-Asset was 4.67%. The lowest was -1.83%. And the median was 3.39%.
GM's Return-on-Tangible-Asset is ranked worse than 68.52% of 1334
companies
in the Vehicles & Parts industry
Industry Median: 3.115
vs GM: 0.91
General Motors Co (NYSE:GM) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
General Motors Co Return-on-Tangible-Asset Related Terms
General Motors Co Return-on-Tangible-Asset Historical Data
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The historical data trend for General Motors Co's Return-on-Tangible-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
GM vs F, RIVN, NIO: Return-on-Tangible-Asset Comparison
For the Auto Manufacturers subindustry, General Motors Co's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
General Motors Co Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, General Motors Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where General Motors Co's Return-on-Tangible-Asset falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.80% mean?
General Motors Co (GM) has a Return-on-Tangible-Asset of 3.80% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on General Motors Co and its competitors. This is 12% above median its historical median of 3.39. According to the industry distribution chart, General Motors Co ranks #914 out of 1334 companies in the Vehicles & Parts industry, placing it in the top 68.5%.
Is General Motors Co's Return-on-Tangible-Asset too high?
General Motors Co's current Return-on-Tangible-Asset of 3.80% is 12% above median its 10-year median of 3.39. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.12. General Motors Co's value of 3.80% is 22% above this industry median. Based on the distribution chart, General Motors Co ranks #914 out of 1334 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, General Motors Co has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does General Motors Co's Return-on-Tangible-Asset compare to F and RIVN?
According to the Vehicles & Parts industry distribution chart, General Motors Co ranks #914 out of 1334 companies for Return-on-Tangible-Asset. This places General Motors Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.12. General Motors Co's value of 3.80% is 22% above this benchmark. While the company's 10-year median is 3.39 vs. the industry median of 3.12, General Motors Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.12, based on 1,334 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. General Motors Co's current Return-on-Tangible-Asset of 3.80% is 22% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on General Motors Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General Motors Co's current Return-on-Tangible-Asset is 3.80%, which is 12% above median its own 10-year median of 3.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General Motors Co stock overvalued right now?
Based on GuruFocus' analysis, General Motors Co (GM) is currently considered Modestly Overvalued. The stock's GF Value™ is $63.98, compared to a current price of $77.83 — trading 21.6% above its estimated fair value. The current Return-on-Tangible-Asset is 3.80%, which is 12% above median its 10-year median of 3.39 and 22% above the Vehicles & Parts industry median of 3.12. General Motors Co's overall GF Score™ is 78/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For General Motors Co (GM), the current Return-on-Tangible-Asset is 3.80% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is General Motors Co (GM) Overvalued in 2026?
Based on GuruFocus' analysis, General Motors Co stock appears to be overvalued.
The current stock price of $77.83 is trading 21.6% above its estimated GF Value™ of $63.98.
GuruFocus considers General Motors Co to be Modestly Overvalued.
Key valuation signals for GM:
Return-on-Tangible-Asset: 3.80% (12% above median its 10-year median of 3.39)
GF Value™: $63.98 vs. price of $77.83 (21.6% above fair value)
Industry Position: 22% above the Vehicles & Parts median (#914 of 1334)
No single metric tells the full story. See the GM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
General Motors Co. emerged from the bankruptcy of General Motors Corp. (old GM) in July 2009. GM has eight brands and operates under three segments: GM North America, GM International, and GM Financial. The United States now has four brands instead of eight under old GM. The company regained its US market share leadership in 2022, after losing it to Toyota due to the chip shortage in 2021. 2025 US share was 17.4%, up 60 basis points from 2024. The Cruise autonomous vehicle arm, which GM now owns outright, previously operated driverless geofenced AV robotaxi services in San Francisco and other cities, but after a 2023 accident, GM decided that it will focus on personal AVs. GM Financial became the company's captive finance arm in 2010 via the purchase of AmeriCredit.
78GF Score
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