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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 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
Y / Y Revenue Change 25.13 % 11.13 % 28.36 % 56.42 % 4.66 %
Seq. Revenue Change 11.91 % -7.24 % 2.91 % 17.14 % -0.61 %
Revenue In Millions $44,746.00 $39,985.00 $43,108.00 $41,889.00 $35,759.00
Gross Profit Margin 18.13 % 19.35 % 19.79 % 19.55 % 18.17 %
Gross Profit Margin Total Ranking # 3798 # 3889 # 4252 # 3962 # 4109
Gross Profit In Millions $8,114.00 $7,738.00 $8,530.00 $8,189.00 $6,498.00
Y / Y Gross Profit Change 24.87 % 16.78 % 40 % 34.09 % -5.84 %
Seq. Gross Profit Change 4.86 % -9.28 % 4.16 % 26.02 % -1.93 %


Commenting Second Quarter 2023 Gross Profit Margin
General Motors has managed to improve its Revenue sequentially to $44,746 millions by 11.91 % faster than Gross Profit increase of 4.86 % to $8,114 millions, this led to contraction in Gross Profit Margin to 18.13 %, but the General Motors II. Quarter Gross Profit Margin remained above company average rate of 14.25%.

Observing second quarter 2023 results within Auto & Truck Manufacturers industry 5 other companies have achieved higher Gross Profit Margin. While Gross Profit Margin total ranking has impoved so far to 3798, from total ranking in previous quarter at 3889.
Learn about Gross Margin
GM's Gross Profit Margin second quarter 2023 Company Ranking
Within: No.
Auto & Truck Manufacturers Industry # 6
Consumer Discretionary Sector # 128
Overall # 3785

Gross Profit Margin Statistics
High Average Low
28.92 % 14.25 % 3.77 %
(Dec 31 2018)   (Sep. 30, 2007)




Other Gross Profit Margin Profitability Ratios
GM's Cumulative Gross Profit Margin
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 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 Roe GM's Valuation Ratios GM's Financial Strength Ratios GM's Gross Profit Growth
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 2023, within Auto & Truck Manufacturers Industry Gross Profit MarginJun 30 2023 MRQ Gross ProfitJun 30 2023 MRQ Revenue
Kandi Technologies Group Inc   38.20 %$ 13.735 $ 35.953 
Cenntro Electric Group Limited  27.66 %$ 1.147 $ 4.147 
Federal Signal Corporation  26.51 %$ 117.300 $ 442.400 
Shyft Group Inc   18.99 %$ 42.754 $ 225.101 
Tesla Inc   18.19 %$ 4,533.000 $ 24,927.000 
General Motors Company  18.13 %$ 8,114.000 $ 44,746.000 
Oshkosh Corporation  17.59 %$ 424.500 $ 2,413.100 
Ford Motor Co  16.65 %$ 7,483.000 $ 44,954.000 
Rev Group Inc   11.81 %$ 80.200 $ 679.200 
Ideanomics inc   8.96 %$ 0.689 $ 7.689 
Fisker Inc   7.88 %$ 0.065 $ 0.825 




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