General Motors Company (GM)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 23,404,000 | 21,862,000 | 23,755,000 | 22,857,000 | 22,071,000 | 24,765,000 | 22,344,000 | 21,406,000 | 20,980,000 | 18,975,000 | 16,900,000 | 17,498,000 | 17,878,000 | 18,777,000 | 21,036,000 | 16,125,000 | 13,672,000 | 10,503,000 | 8,763,000 | 13,256,000 |
| Revenue (ttm) | US$ in thousands | 187,441,000 | 182,718,000 | 178,093,000 | 174,871,000 | 171,842,000 | 171,971,000 | 169,728,000 | 160,740,000 | 156,734,000 | 147,210,000 | 132,101,000 | 130,509,000 | 127,004,000 | 130,938,000 | 139,639,000 | 122,250,000 | 122,485,000 | 115,793,000 | 115,786,000 | 135,068,000 |
| Gross profit margin | 12.49% | 11.96% | 13.34% | 13.07% | 12.84% | 14.40% | 13.16% | 13.32% | 13.39% | 12.89% | 12.79% | 13.41% | 14.08% | 14.34% | 15.06% | 13.19% | 11.16% | 9.07% | 7.57% | 9.81% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $23,404,000K ÷ $187,441,000K
= 12.49%
General Motors Company's gross profit margin has experienced fluctuations over the analyzed period from March 31, 2020, to December 31, 2024. The trend shows some volatility, with the gross profit margin ranging from a low of 7.57% in June 30, 2020, to a high of 15.06% in June 30, 2021.
From March 2021 to September 2023, there was a general upward trend in the gross profit margin, indicating an improvement in the company's ability to generate profits from its core business activities. However, there was a slight decrease in the margin in December 2023.
The gross profit margin reflects the proportion of revenue that remains after deducting the cost of goods sold, serving as an indicator of the company's efficiency in managing its production costs and pricing strategies. Overall, General Motors' gross profit margin shows variability but has generally trended upwards over the analyzed period, suggesting improvements in cost management and pricing strategies.
Peer comparison
Dec 31, 2024