The North America division increased adjusted earnings during the quarter to $4.43 billion, up nearly 40% from a year earlier. The unit reported a profit margin of 10.9%, up 2.3 percentage points from a year earlier. While GM outperformed in several areas, it did not achieve an anticipated ...
Operating Margin as of May 2024 (TTM): 7.35%According to General Motors's latest financial reports and stock price the company's current Operating Margin is 7.35%. At the end of 2022 the company had an Operating Margin of 7.40%.
and we are on track to produce and wholesale about 200,000 EVs in North America this year and make our portfolio variable profit positive this quarter. This is a first step. We are working with urgency to make our EVs profitable on an EBIT basis as quickly as possible...
General Motors Company was founded in 1908 and is headquartered in Detroit, Michigan. Financials EPS 9.370 Book Value 64.490 PEG Ratio 0.00 Gross Profit 0.000 Profit Margin (%) 6.06 Operating Margin (%) 7.86 Return on Assets (ttm) 2.7 Return on Equity (ttm) 14.2 Company news Wed, 08 Jan...
Indeed, General Motors expects 2019 to be an even better year than 2017 and 2018. By then, it will profit from a brand-new lineup of full-size trucks, which are set to hit the market later this year. New crossover models should also help boost earnings, particularly for the Cadillac ...
Profit Margin0.06 % Operating Margin0.08 % Current Valuation155.21B Shares Outstanding1.1B Shares Owned By Insiders0.22 % Shares Owned By Institutions86.92 % Number Of Shares Shorted34.13M Price To Earning6.76 X Price To Book0.84 X Price To Sales0.33 X ...
DETROIT,Jan. 30, 2024/PRNewswire/ -- General Motors Co. (NYSE:GM) today reported fourth-quarter 2023 revenue of$43.0 billion, net income attributable to stockholders of$2.1 billionand EBIT-adjusted of$1.8 billion. GMreported full-year 2023 revenue of$171.8 billion, net inc...
Gross Profit Margin 12.01% EBIT Margin 6.75% Net Income Margin 6.06% Return on Equity 14.17% Return on Assets 3.83% More On Profitability » Momentum Capital Structure Market Cap $59.62B Total Debt $129.47B Cash $27.32B Other $3.23B ...
wecurrently recognize the highest profit margins on our full-size ICE SUVs and full-size ICE trucks.As a result,our near-term success is dependent upon ourability to sell higher margin vehicles in sufficient volumes.We are also using the cash generate 236、d by our ICE vehicles to fund ...
Possibility that General Motors Corp. (GM) will become the leader in the car portal market; How Internet companies must price for market share rather than profit margin; Plans of eGM president Mark Hogan for expansion into car entertainment and communication.Karlgaard...