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General Motors Company  (GM)
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General Motors's Gross Profit Margin by quarter

Trends, Rankings, Statistics



GM Gross Profit Margin (Jun 30 2024)
Q2
(Mar 31 2024)
Q1
(Dec 31 2023)
Q4
(Sep 30 2023)
Q3
(Jun 30 2023)
Q2
Y / Y Revenue Change 7.2 % 7.58 % -0.3 % 5.35 % 25.13 %
Seq. Revenue Change 11.52 % 0.08 % -2.61 % -1.37 % 11.91 %
Revenue In Millions $47,969.00 $43,014.00 $42,980.00 $44,131.00 $44,746.00
Gross Profit Margin 19.5 % 20.97 % 14.82 % 18.78 % 18.13 %
Gross Profit Margin Total Ranking # 2825 # 3055 # 3424 # 3770 # 3948
Gross Profit In Millions $9,354.00 $9,018.00 $6,371.00 $8,289.00 $8,114.00
Y / Y Gross Profit Change 15.28 % 16.54 % -25.31 % 1.22 % 24.87 %
Seq. Gross Profit Change 3.73 % 41.55 % -23.14 % 2.16 % 4.86 %


Commenting Second Quarter 2024 Gross Profit Margin
General Motors has managed to improve its Revenue sequentially to $47,969 millions by 11.52 % faster than Gross Profit increase of 3.73 % to $9,354 millions, this led to contraction in Gross Profit Margin to 19.5 %
, but the General Motors II. Quarter Gross Profit Margin remained above company average rate of 14.47%.


Observing second quarter 2024 results within EV, Auto & Truck Manufacturers industry 4 other companies have achieved higher Gross Profit Margin. While Gross Profit Margin total ranking has impoved so far to 2825, from total ranking in previous quarter at 3055.
Learn about Gross Margin
GM's Gross Profit Margin second quarter 2024 Company Ranking
Within: No.
EV, Auto & Truck Manufacturers Industry # 5
Consumer Discretionary Sector # 105
Overall # 2822

Gross Profit Margin Statistics
High Average Low
28.92 % 14.47 % 3.77 %
(Dec 31 2018)   (Sep. 30, 2007)




Other Gross Profit Margin Profitability Ratios
GM's Cumulative Gross Profit Margin
EV, Auto & Truck Manufacturers Industry Gross Profit Margin Trends and Statistics
Consumer Discretionary Sector Gross Profit Margin Statistics
Gross Profit Margin Profitability Trends for overall market
GM's Gross Profit Margin Profitability versus EV, Auto & Truck Manufacturers Industry, Consumer Discretionary Sector and total Market
Highest Ranking Gross Profit Margin
Lowest Ranking Gross Profit Margin
Gross Profit Margin Profit Margin for GM's Competitors
Gross Profit Margin Profit Margin for General Motors's Suppliers
Gross Profit Margin Profit Margin for GM's Customers

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GM's Roa GM's Inventory Turnover Ratio GM's Growth Rates GM's Dividend Comparisons


Companies with similar Gross Profit Margin in the quarter ending Jun 30 2024, within EV, Auto & Truck Manufacturers Industry Gross Profit MarginJun 30 2024 MRQ Gross ProfitJun 30 2024 MRQ Revenue
Mullen Automotive Inc   44.80 %$ 0.029  Millions$ 0.065  Millions
  31.75 %$ 2.817  Millions$ 8.872  Millions
Federal Signal Corporation  29.36 %$ 144.000  Millions$ 490.400  Millions
Shyft Group Inc   21.07 %$ 40.587  Millions$ 192.587  Millions
General Motors Company  19.50 %$ 9,354.000  Millions$ 47,969.000  Millions
Tesla Inc   17.95 %$ 4,578.000  Millions$ 25,500.000  Millions
Ford Motor Co  15.31 %$ 7,319.000  Millions$ 47,808.000  Millions
Cenntro Inc   14.89 %$ 1.225  Millions$ 8.225  Millions




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