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General Motors Company (GM) |
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General Motors's Net Profit Margin by quarter
Trends, Rankings, Statistics
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Select the Comparisons :
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Select the Ratio:
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| GM Net 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 |
| Net Profit Margin |
6 % |
6.87 % |
4.64 % |
6.78 % |
5.6 % |
| Net Profit Margin Total
Ranking |
# 1483 |
# 1395 |
# 1770 |
# 1679 |
# 1863 |
| Net Income In Millions |
$2,877.00 |
$2,953.00 |
$1,993.00 |
$2,994.00 |
$2,507.00 |
| Y / Y Net Income Change |
14.76 % |
25.87 % |
-0.7 % |
-7.93 % |
52.68 % |
| Seq. Net Income Change |
-2.57 % |
48.17 % |
-33.43 % |
19.43 % |
6.86 % |
| Commenting Second Quarter 2024 Net Profit Margin |
Company's Net Profit Margin sequentially deteriorated to 6 % due to increase in total costs and taxes and despite Revenue increase of 11.52 % to $47,969 millions.
Company's Net Profit Margin in II. Quarter, was above company average.
Observing second quarter 2024 results within EV, Auto & Truck Manufacturers industry only one other company has achieved higher Net Profit Margin. While Net Profit Margin overall ranking has deteriorated compare to previous quarter from 1395 to 1483.
Net Margin Formula
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| GM's Net Profit Margin second quarter 2024 Company Ranking |
| Within: |
No. |
| EV, Auto & Truck Manufacturers Industry |
# 2 |
| Consumer Discretionary Sector |
# 48 |
| Overall |
# 1481 |
| Net Profit Margin Statistics |
| High |
Average |
Low |
| 17.86 % |
5.15 % |
0.14 % |
| (Dec 31 2018) |
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(March 31, 2007) |
| Companies with similar Net Profit Margin in the quarter ending Jun 30 2024, within EV, Auto & Truck Manufacturers Industry | Net Profit Margin | Jun 30 2024 MRQ Net Income | Jun 30 2024 MRQ Revenue | | Federal Signal Corporation | 12.40 % | $ 60.800 Millions | $ 490.400 Millions | | General Motors Company | 6.00 % | $ 2,877.000 Millions | $ 47,969.000 Millions | | Tesla Inc | 5.86 % | $ 1,494.000 Millions | $ 25,500.000 Millions | | Ford Motor Co | 3.83 % | $ 1,833.000 Millions | $ 47,808.000 Millions |
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