General Motors Past Earnings Performance

Past criteria checks 4/6

General Motors has been growing earnings at an average annual rate of 12.9%, while the Auto industry saw earnings growing at 20% annually. Revenues have been growing at an average rate of 8.1% per year. General Motors's return on equity is 14.6%, and it has net margins of 6%.

Key information

12.9%

Earnings growth rate

15.6%

EPS growth rate

Auto Industry Growth23.9%
Revenue growth rate8.1%
Return on equity14.6%
Net Margin6.0%
Next Earnings Update28 Jan 2025

Recent past performance updates

Recent updates

General Motors: Attractive On Valuation And EV Market Share Gains

Dec 25

General Motors: Cruise Cancellation Is Not A Big Deal

Dec 11

General Motors (NYSE:GM) Has A Somewhat Strained Balance Sheet

Dec 03
General Motors (NYSE:GM) Has A Somewhat Strained Balance Sheet

General Motors: Losing In China, Winning In America

Nov 24

Insufficient Growth At General Motors Company (NYSE:GM) Hampers Share Price

Nov 21
Insufficient Growth At General Motors Company (NYSE:GM) Hampers Share Price

With EPS Growth And More, General Motors (NYSE:GM) Makes An Interesting Case

Nov 09
With EPS Growth And More, General Motors (NYSE:GM) Makes An Interesting Case

Trade Wars: Tesla Vs. GM In Tariff Showdown

Nov 07

Wall Street Lunch: Don't Count Out The Combustibles

Oct 22

Is General Motors Company (NYSE:GM) Potentially Undervalued?

Oct 17
Is General Motors Company (NYSE:GM) Potentially Undervalued?

GM Tweaks Battery Strategy, Downplaying Much Ballyhooed Ultium Lithium-Ion Branding

Oct 13

GM: EV And Cost Control Strategies Should Let It Continue To Outperform

Sep 26

Returns At General Motors (NYSE:GM) Appear To Be Weighed Down

Sep 17
Returns At General Motors (NYSE:GM) Appear To Be Weighed Down

Despite Some Issues, General Motors Is Still Attractive

Sep 02

General Motors: Increasing PO To $77 On Strong Guidance, Positive Technicals

Aug 25

General Motors Company's (NYSE:GM) Low P/E No Reason For Excitement

Aug 17
General Motors Company's (NYSE:GM) Low P/E No Reason For Excitement

General Motors: Strong U.S. Position, But Still Much Work To Do In China

Aug 06

Is General Motors (NYSE:GM) Using Too Much Debt?

Jul 30
Is General Motors (NYSE:GM) Using Too Much Debt?

Amid Strong Q2, GM Reduces Battery-Electric Capacity Forecast, Raising Concerns For Investors

Jul 23

Top 10 Stocks 2nd Half 2024 With Steven Cress

Jul 11

General Motors: Market Share Is Decreasing But Cash Flow Generation Remains Highly Positive

Jul 05

General Motors: Trouble Ahead As Auto Loan Delinquencies Set To Surge

Jun 28

Should You Think About Buying General Motors Company (NYSE:GM) Now?

Jun 20
Should You Think About Buying General Motors Company (NYSE:GM) Now?

Beyond The Price Tag: Why General Motors Might Not Be A Bargain

Jun 14

General Motors (NYSE:GM) Has Announced A Dividend Of $0.12

May 30
General Motors (NYSE:GM) Has Announced A Dividend Of $0.12

General Motors: Earnings Rev Up, Share Buybacks, Just 6x Free Cash Flow

May 27

General Motors (NYSE:GM) Has Some Way To Go To Become A Multi-Bagger

May 21
General Motors (NYSE:GM) Has Some Way To Go To Become A Multi-Bagger

General Motors: Lower Costs Lead To Higher EBITDA Forecast

May 14

General Motors Company Just Recorded A 23% EPS Beat: Here's What Analysts Are Forecasting Next

Apr 27
General Motors Company Just Recorded A 23% EPS Beat: Here's What Analysts Are Forecasting Next

General Motors (NYSE:GM) Will Pay A Dividend Of $0.12

Apr 26
General Motors (NYSE:GM) Will Pay A Dividend Of $0.12

General Motors Q1 Earnings: Inside The Turnaround Tale And The Massive Buybacks

Apr 19

Does General Motors (NYSE:GM) Have A Healthy Balance Sheet?

Apr 15
Does General Motors (NYSE:GM) Have A Healthy Balance Sheet?

General Motors: What Happened When The Quants Drove In

Apr 02

Does General Motors (NYSE:GM) Deserve A Spot On Your Watchlist?

Mar 30
Does General Motors (NYSE:GM) Deserve A Spot On Your Watchlist?

When Should You Buy General Motors Company (NYSE:GM)?

Mar 14
When Should You Buy General Motors Company (NYSE:GM)?

General Motors: Whiplash Between Unprofitable EV And Legacy ICE May Be Painful

Mar 08

GM Earnings Review: What Investors Should Know

Feb 27

General Motors: Strikes' Worst Effects Behind Us

Feb 20

Estimating The Intrinsic Value Of General Motors Company (NYSE:GM)

Feb 17
Estimating The Intrinsic Value Of General Motors Company (NYSE:GM)

General Motors: Beats Expectations, But The Numbers Recommend Caution

Feb 06

General Motors (NYSE:GM) Will Pay A Larger Dividend Than Last Year At $0.12

Feb 02
General Motors (NYSE:GM) Will Pay A Larger Dividend Than Last Year At $0.12

General Motors: Shares Surge On Optimistic Outlook, Rightly So

Jan 30

General Motors' Bumpy Road Toward Mass Adoption Of Battery Electrics

Jan 19

General Motors: Both Price And Dividends Can Rise

Jan 07

General Motors: Good Riddance - Back To ICE Basics

Dec 27

Splurging On Buybacks While Weaknesses Remain Make General Motors A Mediocre Play

Dec 19

General Motors: Strikes Consequences And Business Prospects Explained

Dec 11

Revenue & Expenses Breakdown

How General Motors makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:GM Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24182,71910,9899,6150
30 Jun 24178,09410,9989,2310
31 Mar 24174,87110,6229,3210
31 Dec 23171,84210,0219,6560
30 Sep 23171,9719,93010,4050
30 Jun 23169,72910,17010,3430
31 Mar 23160,7419,2979,4880
31 Dec 22156,7358,9159,1550
30 Sep 22147,2118,6277,9430
30 Jun 22132,1017,7237,4300
31 Mar 22130,5098,8487,4530
31 Dec 21127,0049,8376,6450
30 Sep 21130,93810,9426,6640
30 Jun 21139,63912,5736,3780
31 Mar 21122,2508,9765,7200
31 Dec 20122,4856,2475,9430
30 Sep 20115,7933,2145,9330
30 Jun 20115,7861,5226,3960
31 Mar 20135,0684,7097,2890
31 Dec 19137,2376,5817,6940
30 Sep 19144,8108,8197,4940
30 Jun 19145,1289,0097,4860
31 Mar 19145,8289,0037,4400
31 Dec 18147,0497,9867,9850
30 Sep 18146,3651,0927,6500
30 Jun 18144,197-1,2987,7130
31 Mar 18144,421-1,2438,0310
31 Dec 17145,5883328,2540
30 Sep 17147,7697,1758,7630
30 Jun 17153,0359,8309,4250
31 Mar 17153,43410,1609,6710
31 Dec 16149,1849,4288,7830
30 Sep 16148,90913,73910,1720
30 Jun 16148,86312,33010,5440
31 Mar 16149,66010,68710,9030
31 Dec 15135,7259,66210,2880
30 Sep 15152,3524,52611,5880
30 Jun 15152,7644,55111,6270
31 Mar 15154,2333,62411,9160
31 Dec 14155,9292,80411,7580
30 Sep 14156,7972,61211,7200
30 Jun 14156,5251,92511,6750
31 Mar 14155,9512,93511,5590
31 Dec 13155,4273,77012,3820

Quality Earnings: GM has high quality earnings.

Growing Profit Margin: GM's current net profit margins (6%) are higher than last year (5.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: GM's earnings have grown by 12.9% per year over the past 5 years.

Accelerating Growth: GM's earnings growth over the past year (10.7%) is below its 5-year average (12.9% per year).

Earnings vs Industry: GM earnings growth over the past year (10.7%) exceeded the Auto industry -2.2%.


Return on Equity

High ROE: GM's Return on Equity (14.6%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 12:23
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

General Motors Company is covered by 62 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William SeleskyArgus Research Company
Ishan MajumdarBaptista Research
Brian JohnsonBarclays