General Motors Company (GM)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 6,008,000 | 11,070,000 | 11,078,000 | 10,711,000 | 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 |
| 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 |
| Net profit margin | 3.21% | 6.06% | 6.22% | 6.13% | 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% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $6,008,000K ÷ $187,441,000K
= 3.21%
General Motors Company's net profit margin has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The net profit margin started at 3.60% in March 2020 and experienced significant variability, reaching a low of 1.46% in June 2020 and peaking at 9.13% in June 2021.
After the peak in June 2021, the net profit margin fluctuated around the 7-8% range until December 2022. From March 31, 2023, to June 30, 2024, the net profit margin stayed relatively stable between 5.84% and 6.22%. However, there was a noticeable decrease in the net profit margin in the last quarter of 2024, dropping to 3.21%.
Overall, General Motors' net profit margin demonstrates variability but generally maintained at moderate levels above 5%, indicating the company's ability to generate profit relative to its revenue during the period under review. It is essential for stakeholders to monitor these fluctuations to assess the company's profitability and financial performance continuously.
Peer comparison
Dec 31, 2024