General Motors Company (GM)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 12,784,000 | 9,298,000 | 10,315,000 | 13,666,000 | 8,928,000 |
| Revenue | US$ in thousands | 187,442,000 | 171,842,000 | 156,735,000 | 127,004,000 | 122,485,000 |
| Operating profit margin | 6.82% | 5.41% | 6.58% | 10.76% | 7.29% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $12,784,000K ÷ $187,442,000K
= 6.82%
General Motors Company's operating profit margin has shown fluctuations over the past five years. In December 2020, the operating profit margin was 7.29%, which increased to 10.76% by December 2021, indicating improved operational efficiency and profitability. However, the margin declined to 6.58% by December 2022, reflecting potential challenges or increased costs the company may have encountered.
By December 2023, the operating profit margin further decreased to 5.41%, suggesting potential financial pressures or inefficiencies impacting profitability. However, there was a slight improvement by December 2024, with the margin rising to 6.82%. Overall, the company's operating profit margin has displayed variability, indicating the need for consistent monitoring and strategic management to enhance profitability and efficiency in the future.
Peer comparison
Dec 31, 2024