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

Trends, Rankings, Statistics



GM Operating 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
Operating Profit Margin 8.07 % 8.69 % 2.14 % 6.83 % 6.23 %
Operating Profit Margin Total Ranking # 1593 # 1499 # 2242 # 2019 # 2144
Operating Income In Millions $3,873.00 $3,738.00 $918.00 $3,013.00 $2,789.00
Y / Y Operating Income Change 38.87 % 45 % -64.84 % -11.17 % 31.81 %
Seq. Operating Income Change 3.61 % 307.19 % -69.53 % 8.03 % 8.18 %


Commenting Second Quarter 2024 Operating Profit Margin
General Motors has managed to improve its Revenue sequentially to $47,969 millions by 11.52 % faster than Operating Income increase of 3.61 % to $3,873 millions, this led to contraction in Operating Profit Margin to 8.07 %
, but the General Motors II. Quarter Operating Profit Margin remained above company average rate of 4.88%.


Observing second quarter 2024 results within EV, Auto & Truck Manufacturers industry only one other company has achieved higher Operating Profit Margin. While Operating Profit Margin overall ranking has deteriorated compare to previous quarter from 1499 to 1593.
Explain Operating Margin
GM's Operating Profit Margin second quarter 2024 Company Ranking
Within: No.
EV, Auto & Truck Manufacturers Industry # 2
Consumer Discretionary Sector # 52
Overall # 1591

Operating Profit Margin Statistics
High Average Low
12.47 % 4.88 % 0.41 %
(Sep 30 2020)   (Dec 31 2013)




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

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GM's Annual Growth Rates GM's Profitability Ratios GM's Asset Turnover Ratio GM's Dividend Growth
GM's Roe GM's Valuation Ratios GM's Financial Strength Ratios GM's Operating Income Growth
GM's Roa GM's Inventory Turnover Ratio GM's Growth Rates GM's Dividend Comparisons


Companies with similar Operating Profit Margin in the quarter ending Jun 30 2024, within EV, Auto & Truck Manufacturers Industry Operating Profit MarginJun 30 2024 MRQ Operating IncomeJun 30 2024 MRQ Revenue
Federal Signal Corporation  16.54 %$ 81.100  Millions$ 490.400  Millions
General Motors Company  8.07 %$ 3,873.000  Millions$ 47,969.000  Millions
Tesla Inc   6.29 %$ 1,605.000  Millions$ 25,500.000  Millions
Ford Motor Co  3.94 %$ 1,883.000  Millions$ 47,808.000  Millions
Shyft Group Inc   1.94 %$ 3.728  Millions$ 192.587  Millions




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