Revenue segments as reported by the company.

Automotive

Leased vehicle income

Finance charge income

Other income

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

GM Financial expenses

Automotive & Other SG&A

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

General Motors

GMC is a division of the American automobile manufacturer General Motors (GM) that primarily focuses on trucks and utility vehicles. GMC sells pickup and commercial trucks, buses, vans, military vehicles, and sport utility vehicles marketed worldwide by General Motors.

Chevrolet is an American automobile division of the American manufacturer General Motors (GM). Chevrolet-branded vehicles are sold in most automotive markets worldwide.

Chevrolet

Cadillac is a division of the U.S.-based General Motors (GM) that markets luxury vehicles worldwide. Its primary markets are the United States, Canada, and China, but Cadillac-branded vehicles are distributed in 34 additional markets worldwide. Historically, Cadillac automobiles have always held a place at the top of the luxury field within the United States. In 2017, Cadillac's U.S. sales were 156,440 vehicles and its global sales were 356,467 vehicles.

Cadillac

Buick is an upscale automobile brand of the American manufacturer General Motors (GM). For much of its existence in the North American market, Buick has been marketed as a premium automobile brand, selling luxury vehicles positioned above GM's mainstream brands, while below the flagship luxury Cadillac division. Buick-branded vehicles are also known for reliability, ranking high in Consumer Reports' brand reliability ratings.

Buick

General Motors Co. engages in the designing, manufacturing, and selling of trucks, crossovers, cars, and automobile parts, and in providing software-enabled services and subscriptions. It operates through the following segments: GMNA, GMI, Cruise, and GM Financial. The company was founded by William C. Durant on September 16, 1908 and is headquartered in Detroit, MI.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

GM reports record earnings, eyes EV growth and operational efficiency

General Motors (GM) delivered strong financial performance in Q4 2022, with record results and market share growth, setting the stage for a promising 2023.
Despite challenges such as potential revenue growth slowdown and cost management, GM's focus on EVs, operational efficiencies, and strategic partnerships presents growth opportunities.
The company's strengths in EV portfolio expansion, quality focus, and fleet sales, coupled with opportunities in Cruise services and EV tax benefits, position GM for continued success.
GM's performance, strengths, and strategic outlook underscore a resilient and forward-thinking approach to navigate market dynamics and drive sustainable growth.

GM excels in Q1 earnings, targets EV growth and cost efficiency

General Motors (GM) delivered a strong performance in Q1 2023, focusing on EV production, cost reductions, and margin improvements. The company is strategically positioning itself to navigate challenges in China and capitalize on growth opportunities in the EV market.

GM reports robust Q2 earnings, focuses on EV growth and profitability

General Motors (GM) delivered a strong Q2 performance, raising full-year guidance across key financial metrics and emphasizing growth strategies in EVs and autonomous vehicles. Despite facing challenges with automation delays and pricing management, GM remains optimistic about its product portfolio and market opportunities.

General Motors reports robust Q3 earnings, commits to all-EV future

General Motors showcases strong financial performance with a focus on EV profitability and sustaining margins. The company leads in key vehicle segments, commits to an all-EV future, and aims to optimize operations for continued growth. GM faces challenges in managing inflationary pressures and labor costs but sees opportunities in unlocking value and enhancing EV margins.

GM reports robust 2023 performance, eyes EV growth and cost efficiency

General Motors (GM) showcased a strong financial performance in 2023, emphasizing success in both ICE and EV segments. The company is focused on cost discipline, shareholder returns, and strategic growth initiatives. GM's outlook for 2024 includes continued profitability and innovation across its product portfolio.

GM excels in Q1 with strong EV growth and China focus

General Motors (GM) reported strong Q1 2024 performance, emphasizing growth in North America and significant progress in EV production and deliveries.
The company's strategic focus on profitability, EV strategy, and customer demand highlights its competitive positioning and commitment to innovation.
While facing challenges like pricing headwinds and evolving EV margins, GM is leveraging opportunities in China and focusing on agile cost adjustments.

General Motors (GM) reports robust Q2 earnings, navigates China challenges

General Motors (GM) delivered a strong performance in Q2 2024, driven by its ICE business and EV portfolio growth. While facing challenges in the China market, GM is strategically adjusting to ensure profitability. The company's focus on cost containment, margin improvement, and EV market opportunities positions it well for future growth.

General Motors reports strong Q3 earnings and focuses on EV growth

General Motors (GM) is on track to meet its financial targets for the year, with a strong focus on EVs and operational efficiency. Despite facing challenges in cost management, GM is actively pursuing opportunities in EV sales growth and market expansion in China.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

General Motors (GM) shares tumbled Tuesday after the biggest U.S. automaker announced a surprising loss in China and took a $600 million charge for its struggling Cruise autonomous vehicle unit.

General Motors Posts China Loss, Takes $600 Million Charge for Its Cruise Unit

General Motors (GM) has announced a significant delay in its electric vehicle (EV) expansion plans, impacting the automaker's ambitious production targets.  On Tuesday, GM revealed it would push back the opening of its second U.S. electric truck plant in Michigan by six months.

General Motors delays electric vehicle expansion amid strategic adjustments

General Motors Co (NYSE: GM) is poised to gain from the Federal Reserve's anticipated rate cuts beginning in September, according to Paul Jacobson, the company's Chief Financial Officer.  In an interview with CNBC, Jacobson highlighted that lower interest rates will reduce monthly car payments, providing a significant boost to the automaker's performance.

Fed rate cuts in September could boost General Motors' profitability, CFO predicts

General Motors (GM) delivers impressive second-quarter results, with sales and earnings topping estimates. The auto giant also lifts the 2024 profit view.

General Motors (GM) Q2 Earnings Top Estimates on GMNA Strength

Comcast

CMS Energy

Crane Company

Norfolk Southern

Norfolk Southern announced Tuesday a quarterly dividend of $1.35 per share on its common stock. The dividend is payable August 20, 2024, to shareholders of record on August 2, 2024.

Daily Dividend Report: Norfolk Southern, GM, Comcast, Crane, CMS

General Motors Company (NYSE:GM ) Q2 2024 Earnings Conference Call July 23, 2024 8:30 AM ET Company Participants Ashish Kohli - Vice President, Investor Relations Mary Barra - Chair and Chief Executive Officer Paul Jacobson - Executive Vice President and Chief Financial Officer Dan Berce - President and Chief Executive Officer, GM Financial Conference Call Participants Dan Levy - Barclays Itay Michaeli - Citi Joseph Spak - UBS Daniel Roeska - Bernstein Research Ryan Brinkman - JPMorgan Dan Ives - Wedbush John Murphy - Bank of America Chris McNally - Evercore Mark Delaney - Goldman Sachs Tom Narayan - RBC James Picariello - BNP Paribas Operator Good morning, and welcome to the General Motors Company Second Quarter 2024 Earnings Conference Call. During the opening remarks, all participants will be in a listen-only mode.

General Motors Company (GM) Q2 2024 Earnings Call Transcript

General Motors Company (NYSE:GM) shares fell more than 6% as investor concerns about its electric vehicle unit and performance in China overshadowed stronger-than-expected second quarter earnings. The automaker's EV deliveries grew 40% year-over-year in Q2 but made up just 2.3% of the quarter's sales.

General Motors Q2 earnings beat overshadowed by EV, China concerns

Shares of General Motors fell over 6% on Tuesday, pacing the company's worst day in nearly a year after production of an autonomous vehicle from its self-driving unit Cruise was delayed indefinitely, after the car—which doesn't have a steering wheel or pedals—faced years of delays, and Cruise endured scrutiny after a pedestrian was struck by another company car.

GM Shares Dip 6% After Halting Cruise Self-Driving Cars

While the top- and bottom-line numbers for General Motors (GM) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, General Motors (GM) Q2 Earnings: A Look at Key Metrics

U.S. stocks traded slightly higher this morning, with the Nasdaq Composite gaining around 0.2% on Tuesday.

US Stocks Edge Higher; General Motors Posts Upbeat Earnings

GM Defense Canada Anticipates Delivery of First Vehicles Five Weeks After Contract Award OSHAWA, ON , July 23, 2024 /PRNewswire/ -- GM Defense Canada, a subsidiary of GM Defense, has been awarded a C$35.8 million contract by the Canadian Armed Forces (CAF) for 90 light tactical vehicles (LTVs), with an option to procure up to an additional 18 LTVs. GM Defense Canada will also deliver training, technical manuals and additional vehicle content sourced from Canadian companies.

GM Defense Canada Receives Contract Award from Canadian Armed Forces for Modern Light Tactical Vehicles

GM is again slowing its plans for all-electric vehicles by further delaying a second U.S. electric truck plant and the Buick brand's first EV. The delay also means the company will not achieve a prior target of having North American production capacity of 1 million EVs by 2025.

GM slows its EV plans again even as sales grow

General Motors (NYSE: GM ) stock rose overnight after it beat estimates, raised guidance, and paused work on the Cruise Origin robotaxi, which doesn't have a steering wheel. However, after the markets opened, the stock tanked 2.5% and is still falling as of this writing.

General Motors Hits the Brakes on Self-Driving Car. What Else Is Going on With GM Stock Today?

GM's EV ambitions are slowing but that will be good for the bottom line.

GM's Electric Vehicle Miss and Why It's a Win for Investors

General Motors (GM) came out with quarterly earnings of $3.06 per share, beating the Zacks Consensus Estimate of $2.67 per share. This compares to earnings of $1.91 per share a year ago.

General Motors (GM) Q2 Earnings and Revenues Top Estimates

General Motors stock rises as its reports 14% higher profit and lifts outlook

FORT WORTH, Texas--(BUSINESS WIRE)--GENERAL MOTORS FINANCIAL COMPANY, INC. (“GM Financial” or the “Company”) announced net income of $610 million for the quarter ended June 30, 2024, compared to $536 million for the quarter ended March 31, 2024, and $571 million for the quarter ended June 30, 2023. Net income for the six months ended June 30, 2024 was $1.1 billion, compared to $1.2 billion for the six months ended June 30, 2023. Retail loan originations were $8.6 billion for the quarter ended J.

GM Financial Reports Second Quarter 2024 Operating Results

General Motors' Cruise self-driving unit will focus its development efforts on a next-generation Chevrolet Bolt rather than its planned futuristic Origin vehicle that would not have a steering wheel or other human controls, the automaker said.

GM puts self-driving vehicle without steering wheel on hold

General Motors reported second-quarter profit and revenue on Tuesday that beat Wall Street's expectations, and raised its annual profit forecast for a second time this year, buoyed by strong pricing and demand for gas-powered trucks.

GM beats second-quarter expectations, raises forecast again

General Motors GM 2.61%increase; green up pointing triangle on Tuesday raised its adjusted profit outlook for 2024, saying prices and demand in the U.S. remained steady even as consumers grappled with more-expensive financing.

GM Lifts Earnings Outlook as U.S. Market Carries Load

GM is indefinitely delaying production of its Origin autonomous vehicle as its embattled Cruise self-driving unit attempts to relaunch operations. The automaker said Cruise will instead focus on using the next-generation Chevrolet Bolt for development of autonomous vehicles.

GM indefinitely delays Cruise Origin autonomous vehicle

General Motors said the self-driving division's cars will operate in Dallas, Houston and Phoenix after an accident last year. Human drivers will supervise the cars.

G.M. Will Restart Cruise Taxi Service

DETROIT , July 23, 2024 /PRNewswire/ -- General Motors Co. (NYSE: GM) today reported second-quarter 2024 revenue of $48.0 billion, net income attributable to stockholders of $2.9 billion and EBIT-adjusted of $4.4 billion. GM is also updating its 2024 full-year earnings guidance for the second consecutive quarter: Updated 2024 Guidance Previous 2024 Guidance Net income attributable to stockholders $10.0 billion - $11.4 billion $10.1 billion - $11.5 billion EBIT-adjusted $13.0 billion - $15.0 billion $12.5 billion - $14.5 billion Automotive operating cash flow $19.2 billion - $22.2 billion $18.3 billion - $21.3 billion Adjusted automotive free cash flow $9.5 billion - $11.5 billion $8.5 billion - $10.5 billion EPS-diluted $8.93 - $9.93 $8.94 - $9.94 EPS-diluted-adjusted $9.50 - $10.50 $9.00 - $10.00 GM's 2024 financial guidance includes anticipated capital spending of $10.5 billion - $11.5 billion, inclusive of investments in the company's battery cell manufacturing joint ventures.

GM Releases 2024 Second-Quarter Results and Raises Full-Year Guidance

GM's self-driving car subsidiary Cruise is scrapping plans to build the Origin  — a purpose-built robotaxi with no steering wheel or pedals — and will instead use the next-generation Chevrolet Bolt in its operations.

GM's Cruise abandons Origin robotaxi, takes $583 million charge

General Motors is set to report its second-quarter earnings before the bell Tuesday. Wall Street analysts expect adjusted earnings per share of $2.75 and revenue of $45.46 billion.

News for General Motors Stock (GM)