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General Motors Company (GM) |
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GM's Net Income Growth by Quarter and Year
General Motors's Net Income results by quarter and year
Select the Comparisons :
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Select the Ratio:
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GM Net Income (in millions $) |
FY 2023 |
FY 2022 |
FY 2021 |
FY 2020 |
IV Quarter |
December |
1,993.00
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2,007.00
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1,766.00
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2,797.00
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III Quarter |
September |
2,994.00
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3,252.00
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2,386.00
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4,018.00
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II Quarter |
June |
2,507.00
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1,642.00
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2,779.00
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-780.00
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I Quarter |
March |
2,346.00
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2,807.00
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3,014.00
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286.00
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FY |
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9,840.00
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9,708.00
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9,945.00
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6,321.00
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GM Net Income fourth quarter 2023 Y/Y Growth Comment |
General Motors Company reported decrease in Net Income in the fourth quarter 2023 by -0.7% to $ 1,993.00 millions, from the same quarter in 2022. Despite modest results in the fourth quarter 2023, contraction in General Motors Company's Net Income appears to be smaller than Company's recent average decline.
According to the results reported in the fourth quarter 2023, General Motors Company achieved the best Net Income growth in EV, Auto & Truck Manufacturers industry. While General Motors Company' s Net Income decline of -0.7% ranks overall at the positon no. 63 in the fourth quarter 2023.
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GM Net Income ( Y/Y Growth %) |
2023
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2022 |
2021 |
2020 |
IV Quarter |
December |
-0.7 % |
13.65 % |
-36.86 % |
- |
III Quarter |
September |
-7.93 % |
36.3 % |
-40.62 % |
73.86 % |
II Quarter |
June |
52.68 % |
-40.91 % |
- |
- |
I Quarter |
March |
-16.42 % |
-6.87 % |
953.85 % |
-86.67 % |
FY |
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1.36 % |
-2.38 % |
57.33 % |
-5.19 % |
GM Net Income (Quarter on Quarter Growth %) |
2023
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2022 |
2021 |
2020 |
IV Quarter |
December |
-33.43 % |
-38.28 % |
-25.98 % |
-30.39 % |
III Quarter |
September |
19.43 % |
98.05 % |
-14.14 % |
- |
II Quarter |
June |
6.86 % |
-41.5 % |
-7.8 % |
- |
I Quarter |
March |
16.89 % |
58.95 % |
7.76 % |
- |
FY (Year on Year) |
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1.36 % |
-2.38 % |
57.33 % |
-5.19 % |
Net Income Y/Y Growth Statistics |
High |
Average |
Low |
1788.36 % |
-72.26 % |
-3426.14 % |
(Sep 30 2019) |
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(June 30. 2008) |
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Net Income Y/Y Growth Statistics |
High |
Average |
Low |
1788.36 % |
-72.26 % |
-3426.14 % |
(Sep 30 2019) |
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(June 30. 2008) |
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Net Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023 |
General Motors's Q/Q Net Income Growth
Net Income Q/Q Growth Statistics |
High |
Average |
Low |
1337.1 % |
44.15 % |
-93.47 % |
(June 30. 2007) |
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GM's IV. Quarter Q/Q Net Income Comment |
In the IV. Quarter 2023 General Motors Company reported fall in Net Income from the previous quarter by -33.43% to $ 1,993.00 millions, from $ 2,994.00 millions declared in the previous reporting period.
But that's not important problem, as Net Income generally gravitate to dip in this quarter.
Within EV, Auto & Truck Manufacturers industry only one company achieved higher sequential Net Income growth. While General Motors's Net Income growth quarter on quarter, overall rank is 95. |
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Net Income Q/Q Growth Statistics |
High |
Average |
Low |
1337.1 % |
44.15 % |
-93.47 % |
(June 30. 2007) |
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GM's IV. Quarter Q/Q Net Income Comment |
In the IV. Quarter 2023 General Motors Company disclosed fall in Net Income from the third quarter by -33.43% to $ 1,993.00 millions, from $ 2,994.00 millions released in the previous reporting period.
This is not big issue, as Net Income frequently tend to slow in this quarter.
Within EV, Auto & Truck Manufacturers industry only one company achieved higher sequential Net Income growth. While General Motors's Net Income growth quarter on quarter, overall rank is 95. |
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General Motors's 12 Months Net Income Growth Year on Year
Net Income TTM Growth |
12 Months Ending (Dec 31 2023) |
12 Months Ending (Sep 30 2023) |
12 Months Ending (Jun 30 2023) |
12 Months Ending (Mar 31 2023) |
12 Months Ending (Dec 31 2022) |
Cumulative Net Income 12 Months Ending |
$ 9,840.00 |
$ 9,854.00 |
$ 10,112.00 |
$ 9,247.00 |
$ 9,708.00 |
Y / Y Net Income Growth (TTM) |
1.36 % |
4.09 % |
17.57 % |
-5.04 % |
-2.38 % |
Year on Year Net Income Growth Overall
Ranking |
# 723 |
# 1226 |
# 1606 |
# 61 |
# 309 |
Seqeuential Net Income Change (TTM) |
-0.14 % |
-2.55 % |
9.35 % |
-4.75 % |
2.55 % |
Seq. Net Income Growth (TTM) Overall
Ranking |
# 106 |
# 780 |
# 255 |
# 76 |
# 1035 |
Cumulative Net Income growth
Comment |
Assuming the General Motors's fiscal year would have ended in Dec 31 2023, General Motors would have reprted above average annual Net Income improvement of 1.36% year on year, of $ 9,840 millions. This marks a slow-down of the companys growth trends and from the 4.09% growth in Sep 30 2023. But still, General Motors had highest Net Income growth, in EV, Auto & Truck Manufacturers industry.
Within the Consumer Discretionary sector 31 other companies have achieved higher trailing twelve month Net Income growth. While Total ranking has impoved so far to 723, from total ranking in previous quarter at 1226. |
Net Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
1788.36 % |
-72.26 % |
-3426.14 % |
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Net Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
1788.36 % |
-72.26 % |
-3426.14 % |
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Net Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 1 |
Sector |
# 6 |
S&P 500 |
# 106 |
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Cumulative Net Income growth
Comment |
Assuming the General Motors's fiscal year would have ended in Dec 31 2023, General Motors would have reprted above average annual Net Income improvement of 1.36% year on year, of $ 9,840 millions. This marks a slow-down of the companys growth trends and from the 4.09% growth in Sep 30 2023. But still, General Motors had highest Net Income growth, in EV, Auto & Truck Manufacturers industry.
Within the Consumer Discretionary sector 31 other companies have achieved higher trailing twelve month Net Income growth. While Total ranking has impoved so far to 723, from total ranking in previous quarter at 1226. |
Net Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
1788.36 % |
-72.26 % |
-3426.14 % |
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Net Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
1788.36 % |
-72.26 % |
-3426.14 % |
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Net Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 1 |
Sector |
# 6 |
S&P 500 |
# 106 |
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