General Motors Company (GM)

Operating 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
Operating income (ttm)	US$ in thousands	12,783,000	12,179,000	11,541,000	10,457,000	9,298,000	10,991,000	11,370,000	10,697,000	11,124,000	10,033,000	8,286,000	9,052,000	9,324,000	10,571,000	13,350,000	9,254,000	6,634,000	3,313,000	1,193,000	4,894,000
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
Operating profit margin		6.82%	6.67%	6.48%	5.98%	5.41%	6.39%	6.70%	6.65%	7.10%	6.82%	6.27%	6.94%	7.34%	8.07%	9.56%	7.57%	5.42%	2.86%	1.03%	3.62%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $12,783,000K ÷ $187,441,000K
= 6.82%

General Motors Company's operating profit margin has shown fluctuations over the analyzed period, ranging from as low as 1.03% in June 2020 to a peak of 9.56% in June 2021. The upward trend in the operating profit margin from 2020 to 2021 indicates improved efficiency in generating profits from its core operations.

While there was a decline in operating profit margin in the latter part of 2021 and the first half of 2022, the metric stabilized around 6-7% from the third quarter of 2022 onwards. This suggests that GM managed to maintain a relatively stable level of profitability despite some fluctuations.

The operating profit margin of 6.82% as of December 31, 2024, indicates that for every dollar of sales generated, General Motors retains approximately 6.82 cents in operating profit. The company's ability to sustain a moderate operating profit margin signifies efficient cost management and profitability in its operations. It is essential for General Motors to continue monitoring and optimizing its operational efficiency to ensure sustainable profitability in the future.