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General Motors Company designs, builds, and sells trucks, crossovers, cars, and automobile parts worldwide. It operates through GM North America, GM International, and GM Financial segments. The company markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Baojun, and Wuling brand names. In addition, it sells trucks, crossovers, cars, and automobile parts through retail dealers, distributors and dealers, as well as to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies, and governments. Further, the company offers various range of after-sale services through dealer network, such as maintenance, light repairs, collision repairs, vehicle accessories, and extended service warranties. Additionally, it provides automotive financing; and software-enabled services and subscriptions. General Motors Company was founded in 1908 and is based in Detroit, Michigan.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $185.0B | $18.4B | $2.7B | $1.8B | 4.4% | -1.3% | -55.1% |
| 2024 | $187.4B | $21.8B | $6.0B | $-6.0B | 9.5% | 9.1% | -40.7% |
| 2023 | $171.8B | $23.2B | $10.1B | $-3.7B | 15.8% | 9.6% | 1.9% |
| 2022 | $156.7B | $23.9B | $9.9B | $-5.1B | 14.7% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 156,735 | 171,842 | 187,442 | 185,019 |
| Operating Revenue | - | 156,735 | 171,842 | 187,442 | 185,019 |
| Cost Of Revenue | - | 135,754 | 152,704 | 164,037 | 173,423 |
| Gross Profit | - | 20,981 | 19,138 | 23,405 | 11,596 |
| Operating Expense | - | 10,667 | 9,840 | 10,621 | 8,687 |
| Selling General And Administration | - | 10,667 | 9,840 | 10,621 | 8,687 |
| Total Expenses | - | 146,421 | 162,544 | 174,658 | 182,110 |
| Operating Income | - | 10,314 | 9,298 | 12,784 | 2,909 |
| Total Operating Income As Reported | - | 10,315 | 9,298 | 12,784 | 2,909 |
| EBITDA | - | 23,874 | 23,202 | 21,754 | 18,432 |
| Normalized EBITDA | - | 24,110 | 23,279 | 21,979 | 18,158 |
| EBIT | - | 12,584 | 11,314 | 9,365 | 3,844 |
| Interest Income | - | 460 | 1,109 | 967 | 854 |
| Interest Expense | - | 987 | 911 | 846 | 727 |
| Net Interest Income | - | -527 | 198 | 121 | 127 |
| Other Non Operating Income Expenses | - | 1,208 | 505 | 514 | 409 |
| Other Income Expense | - | 1,809 | 908 | -4,386 | 83 |
| Interest Income Non Operating | - | 460 | 1,109 | 967 | 854 |
| Interest Expense Non Operating | - | 987 | 911 | 846 | 727 |
| Net Non Operating Interest Income Expense | - | -527 | 198 | 121 | 127 |
| Pretax Income | - | 11,597 | 10,403 | 8,519 | 3,117 |
| Tax Provision | - | 1,888 | 563 | 2,556 | 338 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -38.47 | -4.16 | -67.51 | 29.71 |
| Net Income Continuous Operations | - | 9,708 | 9,840 | 5,963 | 2,780 |
| Net Income From Continuing And Discontinued Operation | - | 9,934 | 10,127 | 6,008 | 2,697 |
| Net Income From Continuing Operation Net Minority Interest | - | 9,934 | 10,127 | 6,008 | 2,697 |
| Net Income | - | 9,934 | 10,127 | 6,008 | 2,697 |
| Net Income Common Stockholders | - | 8,915 | 10,022 | 7,189 | 3,180 |
| Net Income Including Noncontrolling Interests | - | 9,708 | 9,840 | 5,963 | 2,780 |
| Normalized Income | - | 10,131.53 | 10,199.84 | 6,165.49 | 2,452.71 |
| Diluted NI Availto Com Stockholders | - | 8,915 | 10,022 | 7,189 | 3,180 |
| Basic Average Shares | - | 1,445 | 1,364 | 1,115 | 955 |
| Diluted Average Shares | - | 1,454 | 1,369 | 1,129 | 973 |
| Reconciled Depreciation | - | 11,290 | 11,888 | 12,389 | 14,588 |
| Reconciled Cost Of Revenue | - | 135,754 | 152,704 | 164,037 | 173,423 |
| Total Unusual Items | - | -236 | -77 | -225 | 274 |
| Total Unusual Items Excluding Goodwill | - | -236 | -77 | -225 | 274 |
| Preferred Stock Dividends | - | 1,019 | 106 | -1,181 | -483 |
| Minority Interests | - | 226 | 287 | 45 | -83 |
| Gain On Sale Of Security | - | -236 | -77 | -225 | 274 |
| Earnings From Equity Interest | - | 837 | 480 | -4,675 | -600 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| General Motors Companythis co. | GM | $75.0B | 23.60↓ discount | 1.23 | 5.2% | 9.69 |
| MercadoLibre, Inc. | MELI | $82.9B | 41.50 | 12.28 | 29.6% | 23.72 |
| Airbnb, Inc. | ABNB | $79.4B | 31.61 | 9.68 | 30.6% | 29.43 |
| Royal Caribbean Cruises Ltd. | RCL | $78.7B | 18.43 | 7.84 | 42.5% | 14.10 |
| Hilton Worldwide Holdings Inc. | HLT | $77.0B |
| - |
| - |
| - |
| - |
| - |
| - |
| 52.83 |
| -14.29 |
| -27.0% |
| 31.08 |
| Ross Stores, Inc. | ROST | $74.8B | 34.85 | 12.08 | 34.7% | 22.24 |
| O'Reilly Automotive, Inc. | ORLY | $73.3B | 28.86 | - | -332.5% | 20.46 |
| Carvana Co. | CVNA | $72.6B | 51.60 | 21.10 | 40.9% | -689.03 |
| DoorDash, Inc. | DASH | $69.7B | 74.59 | 6.95 | 9.3% | 46.64 |
| Peer Median | - | 38.18 | 9.68 | 30.1% | 22.98 | |