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

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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 has seen a 49% YTD gain, outperforming the S&P 500, driven by strong earnings and revenue growth, and raised 2024 guidance. GM's adjusted EPS of $2.96 beat estimates by 21.81%, and revenue of $48.8 billion surpassed expectations by 9.35%, prompting upward revisions in EBIT and cash flow guidance. Despite challenges in China, GM's North American segment showed robust EBIT growth and profit margins, supporting the bullish outlook.

General Motors: Surging Higher

In a year of disappointing returns for auto companies, General Motors NYSE: GM has excelled among them. The stock has provided investors with a total return of just around 51% this year, the highest mark among automakers traded on U.S. exchanges.

GM Stock Is Crushing the Competition in 2024 – Is It Time to Buy?

GM's Q3 results exceeded expectations, driving an 80% share price increase over 12 months, outperforming the S&P 500 and competitors like Tesla and Ford. Despite lagging in the electric vehicle market, GM's overall sales and profitability have surged, with expected revenues close to $200 billion this year. High leverage and capital expenditures constrain GM's free cash flow, limiting shareholder returns through dividends and buybacks in the near future.

Impressive Results From GM Are A Boost Of Confidence

Expedia

We look at the companies that return the most cash to shareholders through a combination of stock repurchases and dividends.

GM, Wells Fargo, AIG, Expedia Top List of Companies With High Total Yields

General Motors shares surged 10% after Q3 results exceeded expectations. GM raised its full-year guidance for the third time, projecting adjusted EBIT of $14-15B and free cash flow of $12.5-13.5B for FY 2025. General Motors' electric vehicle deliveries surged 60% year-over-year, indicating strong momentum and improved profitability prospects in the EV segment.

General Motors: Inflection Point

BofA Securities analyst John Murphy reiterated the Buy rating on General Motors Company GM with a price objective of $85.

General Motors Growth Potential In Focus Amid EV Transition: Analyst Highlights Robust Liquidity, More Buybacks

With General Motors shares hitting a one-year high on standout third-quarter results, let's assess if you should book profits or stay invested for further gains.

GM Stock Hits 52-Week High on Blowout Q3: Hold or Lock Profits?

GM is outperforming rivals in internal combustion vehicles and electric vehicles.

GM Stock Explodes on Surprise Earnings Beat

Third-quarter results unveiled Tuesday show revenue, at nearly $49 billion, beating analysts' expectations by 8%, while operating profit came in 22% higher. While arch-rival Ford Motor remains 17% below its 2018 sales volume, GM clawed back to a 5% deficit. Its electric effort - stumbling for years as battery plants scaled up - is gaining traction. Benefits from pricing boosted profitability by $1 billion from the prior year. The company raised the bottom end of expected operating profit for the full year to $14 billion, from $13 billion previously.

GM Clings To Its First-In-Class Status

Tesla

Seeing a sharp post-earnings rally, General Motors (GM) shares spiked +9% in today's trading session with Tesla's (TSLA) stock down -0.3% ahead of its Q3 report after-market hours on Wednesday, October 23.

General Motors (GM) Profit Rises with Tesla (TSLA) Earnings on Tap

Major U.S. equities were mixed and little changed on Tuesday as investors reacted to an array of earnings reports and increasing uncertainty around the Federal Reserve's plans for additional interest-rate cuts.

S&P 500 Gains and Losses Today: GM Stock Pops as EVs and SUVs Drive Earnings Beat

General Motors just boosted earnings guidance for the third straight time.

Why General Motors Stock Soared Today

The Street loves General Motors Company's  GM earnings. The stock is rallying and appears to be breaking out.

Stock Of The Day: GM Earnings Fuel Breakout, Shares Accelerate Past Key Resistance Level

General Motors Company GM reported third-quarter adjusted earnings per share of $2.96, surpassing expectations, and sales of $48.757 billion, which was up 10.5%.

General Motors' Strong Q3 Earnings Impress Analysts, Highlights Turnaround And EV Profitability Focus

General Motors reported third-quarter earnings that topped estimates. GM's profits were driven by strong SUV sales, EV growth, cost reductions, and improved China sales.

4 reasons GM is crushing it right now

The GM earnings report crushed Q3 expectations but came with a warning. GM stock ran past a buy point Tuesday.

GM, Stock Of The Day, Races Past Buy Point On Blowout Earnings

General Motors Company (NYSE:GM ) Q3 2024 Earnings Conference Call October 22, 2024 8:30 AM ET Company Participants Ashish Kohli - Vice President of Investor Relations Mary Barra - Chairman and Chief Executive Officer Paul Jacobson - Executive Vice President and Chief Financial Officer Daniel Berce - President and Chief Executive Officer of GM Financial Conference Call Participants Joseph Spak - UBS John Murphy - Bank of America Merrill Lynch Dan Levy - Barclays Bank Ryan Brinkman - JPMorgan Chase & Co. Emmanuel Rosner - Wolfe Research Adam Jonas - Morgan Stanley Tom Narayan - RBC Capital Markets Edison Yu - Deutsche Bank James Picariello - BNP Paribas Exane Daniel Roeska - Sanford C. Bernstein & Co. Chris McNally - Evercore ISI Mark Delaney - Goldman Sachs Group, Inc. Operator Good morning, and welcome to the General Motors Third Quarter 2024 Earnings Conference Call.

General Motors Company (GM) Q3 2024 Earnings Call Transcript

General Motors posts better-than-expected results and also lifts its full-year forecast for adjusted EBIT, EPS and FCF.

GM Q3 Earnings & Sales Beat Estimates, FY24 EPS View Raised

General Motors (GM) has once again outperformed Wall Street's expectations in its third-quarter earnings report, demonstrating the strength of its North American operations despite challenges in China. The company reported it earned an adjusted profit $3.4 billion in the third quarter, up from $3.2 billion for the year ago period.

GM raises guidance for third time after beating Q3 estimates—what's driving the success?

General Motors (GM) shares surged Tuesday after the biggest U.S. carmaker posted better-than-expected results and raised its profit guidance on steady pricing and cost controls.

GM Stock Soars on Q3 Results, Outlook Raise

Although the revenue and EPS for General Motors (GM) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Here's What Key Metrics Tell Us About General Motors (GM) Q3 Earnings

General Motors Company (NYSE:GM) shares soared more than 8% after the automaker's third quarter earnings crushed expectations. Revenue for the period was $48.8 billion, up 10.5% year-over-year and ahead of estimates of $44.3 billion.

GM tops quarterly estimates, raises full year earnings guidance

U.S. stocks traded lower this morning, with the Dow Jones index falling more than 150 points on Tuesday.

Dow Falls Over 150 Points; General Motors Tops Q3 Views

General Motors (GM) came out with quarterly earnings of $2.96 per share, beating the Zacks Consensus Estimate of $2.49 per share. This compares to earnings of $2.28 per share a year ago.

General Motors (GM) Surpasses Q3 Earnings and Revenue Estimates

General Electric

Verizon

GM surpasses Q3 expectations and raises 2024 earnings forecast, driven by strong North American sales and higher vehicle prices. Read the full analysis.

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