General Motors Company (GM)

Net profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	10,126,000	10,024,000	10,265,000	9,391,000	9,935,000	9,677,000	8,792,000	9,936,000	10,019,000	11,124,000	12,749,000	9,155,000	6,427,000	3,387,000	1,693,000	4,869,000	6,732,000	8,970,000	9,153,000	9,125,000
Revenue (ttm)	US$ in thousands	171,841,000	171,970,000	169,728,000	160,741,000	156,735,000	147,211,000	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	137,237,000	144,810,000	145,128,000	145,828,000
Net profit margin		5.89%	5.83%	6.05%	5.84%	6.34%	6.57%	6.66%	7.61%	7.89%	8.50%	9.13%	7.49%	5.25%	2.93%	1.46%	3.60%	4.91%	6.19%	6.31%	6.26%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $10,126,000K ÷ $171,841,000K
= 5.89%

General Motors Company's net profit margin has shown relatively stable performance over the past eight quarters. The net profit margin measures the percentage of revenue that remains as net income after all expenses have been deducted.

In the most recent quarter of Dec 31, 2023, the net profit margin was 5.83%, slightly higher than the previous quarter's figure of 5.77%. This indicates that the company was able to improve its efficiency in controlling costs and expenses, resulting in a slightly higher percentage of net income relative to its revenue.

However, it is worth noting that the net profit margin has fluctuated within a relatively narrow range over the period, with the lowest figure of 5.69% in Dec 31, 2022, and the highest figure of 6.74% in Mar 31, 2022. This implies that General Motors has been able to maintain a consistent level of profitability in relation to its revenue, despite economic fluctuations or changes in business operations.

Overall, the stability of General Motors' net profit margin suggests that the company has effectively managed its costs and expenses while generating a consistent level of net income in relation to its revenue.