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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
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Select the Comparisons :
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Select the Ratio:
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| GM Net Income (in millions $) |
FY 2024 |
FY 2023 |
FY 2022 |
FY 2021 |
| IV Quarter |
December |
-
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1,993.00
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2,007.00
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1,766.00
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| III Quarter |
September |
-
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2,994.00
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3,252.00
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2,386.00
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| II Quarter |
June |
2,877.00
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2,507.00
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1,642.00
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2,779.00
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| I Quarter |
March |
2,953.00
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2,346.00
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2,807.00
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3,014.00
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| FY |
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5,830.00
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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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| GM Net Income second quarter 2024 Y/Y Growth Comment |
General Motors Company reported Net Income increase of 14.76% year on year in the second quarter 2024, to $ 2,877.00 millions, this is lower than General Motors Company's recent average Net Income rise of 43.29%.
According to the results reported in the second quarter 2024, General Motors Company achieved the best Net Income growth in EV, Auto & Truck Manufacturers industry. While General Motors Company' s Net Income growth of 14.76% ranks overall at the positon no. 646 in the second quarter 2024.
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| GM Net Income ( Y/Y Growth %) |
2024
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2023 |
2022 |
2021 |
| IV Quarter |
December |
- |
-0.7 % |
13.65 % |
-36.86 % |
| III Quarter |
September |
- |
-7.93 % |
36.3 % |
-40.62 % |
| II Quarter |
June |
14.76 % |
52.68 % |
-40.91 % |
- |
| I Quarter |
March |
25.87 % |
-16.42 % |
-6.87 % |
953.85 % |
| FY |
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- |
1.36 % |
-2.38 % |
57.33 % |
GM Net Income (Quarter on Quarter Growth %) |
2024
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2023 |
2022 |
2021 |
| IV Quarter |
December |
- |
-33.43 % |
-38.28 % |
-25.98 % |
| III Quarter |
September |
- |
19.43 % |
98.05 % |
-14.14 % |
| II Quarter |
June |
-2.57 % |
6.86 % |
-41.5 % |
-7.8 % |
| I Quarter |
March |
48.17 % |
16.89 % |
58.95 % |
7.76 % |
| FY (Year on Year) |
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- |
1.36 % |
-2.38 % |
57.33 % |
| Net Income Y/Y Growth Statistics |
| High |
Average |
Low |
| 953.85 % |
43.29 % |
-89.7 % |
| (Mar 31 2021) |
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(March 31, 2007) |
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| Net Income Y/Y Growth Statistics |
| High |
Average |
Low |
| 953.85 % |
43.29 % |
-89.7 % |
| (Mar 31 2021) |
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(March 31, 2007) |
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| Net Income by Quarter for the Fiscal Years 2021, 2022, 2023, 2024 |
General Motors's Q/Q Net Income Growth
| Net Income Q/Q Growth Statistics |
| High |
Average |
Low |
| 1337.1 % |
43.38 % |
-93.47 % |
| (June 30. 2007) |
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| GM's II. Quarter Q/Q Net Income Comment |
In the II. Quarter 2024 General Motors Company realized fall in Net Income from the first quarter by -2.57% to $ 2,877.00 millions, from $ 2,953.00 millions achived in the previous quarter.
Some seasonal influence were not able to rescue the II. Quarter for the General Motors Company, Rune Janssens, an industry expert pointed out and continued that average quarter on quarter Net Income growth is at 43.38% for the EV, Auto & Truck Manufacturers's company.
Within EV, Auto & Truck Manufacturers industry 3 other companies have achieved higher Net Income quarter on quarter growth. While General Motors's Net Income growth quarter on quarter, overall rank is 900. |
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| Net Income Q/Q Growth Statistics |
| High |
Average |
Low |
| 1337.1 % |
43.38 % |
-93.47 % |
| (June 30. 2007) |
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| GM's II. Quarter Q/Q Net Income Comment |
In the II. Quarter 2024 General Motors Company reported fall in Net Income sequentially by -2.57% to $ 2,877.00 millions, from $ 2,953.00 millions declared in the previous quarter.
Some seasonal factors could not salvage the II. Quarter for the General Motors Company, Rune Janssens, an industry expert said, he sees further difficulties ahead for General Motors.
Within EV, Auto & Truck Manufacturers industry 3 other companies have achieved higher Net Income quarter on quarter growth. While General Motors's Net Income growth quarter on quarter, overall rank is 900. |
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General Motors's 12 Months Net Income Growth Year on Year
Net Income TTM Growth |
12 Months Ending
(Jun 30 2024) |
12 Months Ending
(Mar 31 2024) |
12 Months Ending
(Dec 31 2023) |
12 Months Ending
(Sep 30 2023) |
12 Months Ending
(Jun 30 2023) |
| Cumulative Net Income 12 Months Ending |
$ 10,817.00 |
$ 10,447.00 |
$ 9,840.00 |
$ 9,854.00 |
$ 10,112.00 |
| Y / Y Net Income Growth (TTM) |
6.97 % |
12.98 % |
1.36 % |
4.09 % |
17.57 % |
| Year on Year Net Income Growth Overall
Ranking |
# 92 |
# 829 |
# 723 |
# 1226 |
# 1606 |
| Seqeuential Net Income Change (TTM) |
3.54 % |
6.17 % |
-0.14 % |
-2.55 % |
9.35 % |
| Seq. Net Income Growth (TTM) Overall
Ranking |
# 722 |
# 676 |
# 935 |
# 917 |
# 762 |
| Cumulative Net Income growth
Comment |
Assuming the General Motors's fiscal year would have ended in Jun 30 2024, General Motors would have reprted above average annual Net Income improvement of 6.97% year on year, of $ 10,817 millions.
This marks a slow-down of the companys growth trends and from the 12.98% rise in Mar 31 2024. But looking into other companies within EV, Auto & Truck Manufacturers industry, just one company had higher Net Income growth.
Among companies within the Consumer Discretionary sector 4 other companies have achieved higher trailing twelve month Net Income growth. While Total ranking has impoved so far to 92, from total ranking in previous quarter at 829. |
| Net Income TTM Q/Q Growth Statistics |
| High |
Average |
Low |
1788.36 % |
-69.16 % |
-3426.14 % |
| (Sep 30 2019) |
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| Net Income TTM Y/Y Growth Statistics |
| High |
Average |
Low |
1788.36 % |
-69.16 % |
-3426.14 % |
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| Net Income TTM Q/Q Growth Company Ranking |
| Within: |
No. |
| Industry |
# 2 |
| Sector |
# 32 |
| S&P 500 |
# 675 |
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| Cumulative Net Income growth
Comment |
Assuming the General Motors's fiscal year would have ended in Jun 30 2024, General Motors would have reprted above average annual Net Income improvement of 6.97% year on year, of $ 10,817 millions.
This marks a slow-down of the companys growth trends and from the 12.98% rise in Mar 31 2024. But looking into other companies within EV, Auto & Truck Manufacturers industry, just one company had higherNet Income growth.
Among companies within the Consumer Discretionary sector 4 other companies have achieved higher trailing twelve month Net Income growth. While Total ranking has impoved so far to 92, from total ranking in previous quarter at 829. |
| Net Income TTM Q/Q Growth Statistics |
| High |
Average |
Low |
1788.36 % |
-69.16 % |
-3426.14 % |
| (Sep 30 2019) |
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| Net Income TTM Y/Y Growth Statistics |
| High |
Average |
Low |
1788.36 % |
-69.16 % |
-3426.14 % |
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| Net Income TTM Q/Q Growth Company Ranking |
| Within: |
No. |
| Industry |
# 2 |
| Sector |
# 32 |
| S&P 500 |
# 675 |
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24.51%