General Motors Co (General Motors Co) Net Margin %

: 4.89% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. General Motors Co's Net Income for the three months ended in Dec. 2023 was $2,101 Mil. General Motors Co's Revenue for the three months ended in Dec. 2023 was $42,979 Mil. Therefore, General Motors Co's net margin for the quarter that ended in Dec. 2023 was 4.89%.

The historical rank and industry rank for General Motors Co's Net Margin % or its related term are showing as below:

GM' s Net Margin % Range Over the Past 10 Years
Min: -2.65 Med: 5.67 Max: 7.89
Current: 5.89

GM's Net Margin % is ranked better than
68.22% of 1287 companies
in the Vehicles & Parts industry
Industry Median: 3.38 vs GM: 5.89

General Motors Co Net Margin % Historical Data

The historical data trend for General Motors Co's Net Margin % 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.

* Premium members only.

General Motors Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

4.91

5.25

7.89

6.34

5.89

General Motors Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																4.64	5.99	5.73	6.94	4.89

Competitive Comparison

For the Auto Manufacturers subindustry, General Motors Co's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, General Motors Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where General Motors Co's Net Margin % falls into.

General Motors Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

General Motors Co's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	10127	/	171842
	=	5.89 %

General Motors Co's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	2101	/	42979
	=	4.89 %

General Motors Co (NYSE:GM) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

General Motors Co Net Margin % Related Terms

Thank you for viewing the detailed overview of General Motors Co's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

General Motors Co (General Motors Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » General Motors Co (NYSE:GM) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

GM:Peru GM:Mexico 1GM:Italy 8GMd:UK 0R0E:UK 8GM:Germany 8GM:Germany 8GM:Germany 8GM:Germany GMCO34:Brazil GMOT:Austria

Address

300 Renaissance Center, Detroit, MI, USA, 48265-3000

Website

https://www.gm.com

General Motors Co. emerged from the bankruptcy of General Motors Corp. (old GM) in July 2009. GM has eight brands and operates under four segments: GM North America, GM International, Cruise, and GM Financial. The United States now has four brands instead of eight under old GM. The company regained its U.S. market share leader crown in 2022, after losing it to Toyota due to the chip shortage in 2021, with share up 170 basis points to 16.4%, a full percentage point ahead of Toyota. GM's Cruise autonomous vehicle arm has previously done driverless geofenced AV robotaxi services in San Francisco and other cities but stopped in late 2023 after an accident. GM owns over 80% of Cruise. GM Financial became the company's captive finance arm in October 2010 via the purchase of AmeriCredit.

Executives

Mark L Reuss	officer: Vice President	300 RENAISSANCE CENTER, M/C: 482-C25-A36, DETROIT MI 48265-3000
Jan E Tighe	director	C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Rory Harvey	officer: Executive Vice President	300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265
Michael Robert Abbott	officer: Executive Vice President	300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265
Paul A Jacobson	officer: Executive Vice President & CFO	300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265
Gerald Johnson	officer: Executive Vice President	300 RENAISSANCE CENTER, M/C: 482-C23-A68, DETROIT MI 48265
Stephen K. Carlisle	officer: Executive Vice President	300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265
Jon Mcneill	director	45500 FREMONT BLVD, FREMONT CA 94538
Joanne C. Crevoiserat	director	6301 FITCH PATH, NEW ALBANY OH 43054
Wesley G Bush	director	333 MAPLE AVENUE EAST, #3080, VIENNA VA 22180
Julian G. Blissett	officer: Executive Vice President	300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265
Patricia F Russo	director	300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265
Douglas L Parks	officer: Executive Vice President	300 RENAISSANCE CENTER, M/C: 482-C23-A68, DETROIT MI 48265
Craig B. Glidden	officer: Executive Vice President & GC	300 RENAISSANCE CENTER., M/C: 482-C25-A36, DETROIT MI 48265-3000
Christopher Hatto	officer: VP, Controller & CAO	27175 HAGGERTY ROAD, NOVI MI 49377