General Motors Co GM

Consumer discretionary SIC 3711 - Motor Vehicles & Passenger Car Bodies NYSE

General Motors Company (sometimes referred to as we, our, us, ourselves, the Company, General Motors, or GM) was incorporated as a Delaware corporation in 2009. We design, build, and sell trucks, crossovers, cars, and automobile parts and provide software-enabled services and subscriptions worldwide. Our automotive operations meet the demands of our customers through our segments: GM North America (GMNA) and GM International (GMI) with vehicles developed, manufactured, and/or marketed under the Buick, Cadillac, Chevrolet, and GMC brands. We also have equity ownership stakes in entities that meet the demands of customers in other countries, primarily in China, with vehicles developed, manufactured, and/or marketed under the Baojun, Buick, Cadillac, Chevrolet, and Wuling brands. In December 2024, we announced that we would no longer fund Cruise's robotaxi development work and will refocus our autonomous driving strategy on personal vehicles and, in February 2025, we completed the acquisition of the noncontrolling interests in Cruise, began to wind down the Cruise robotaxi operations, and combined the GM and Cruise autonomous technical efforts in our GMNA segment. We provide automotive financing services through our General Motors Financial Company, Inc. (GM Financial) segment. Refer to Part II, Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations (MD&A) and Note 23 to our consolidated financial statements for financial information about our segments. Except for per share amounts or as otherwise specified, amounts presented within tables are stated in millions. Certain columns and rows may not sum due to rounding. Forward-looking statements in this Business section are not guarantees of future performance and may involve risks and uncertainties that could cause actual results to differ materially from those projected. Refer to Item 1A. Risk Factors and the "Forward-Looking Statements" section of Part II, Item 7. MD&A for a discussion of these risks and uncertainties.

Last close 87.76 2026-09-04
Market cap $77.01B 2026-06-30 share count
52-week range 54.33 - 91.85

Valuation FY2025 figures against the last close

P/S0.5x
P/E26.8x
P/FCF4.4x
EV/EBITDA5.2x
Dividend yield0.9%
Diluted EPS3.27

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $167.97B$171.61B$157.66B$143.97B$113.59B$108.67B$122.70B$133.04B$145.59B$149.18B
Cost of revenue $100.54B$97.54B$110.65B$120.66B$116.23B$121.78B
Gross profit $13.05B$11.13B$12.05B$12.39B$29.36B$27.40B
SG&A $8.55B$7.04B$8.49B$9.65B$9.57B$10.35B
Total operating expenses $182.11B$174.66B$162.54B$146.42B$117.68B$115.85B$131.76B$142.60B$136.93B$140.50B
Operating income $2.91B$12.78B$9.30B$10.31B$9.32B$6.63B$5.48B$4.45B$8.66B$8.69B
Interest expense $4.12B$4.42B$3.88B$3.14B$2.54B
Pre-tax income $3.12B$8.52B$10.40B$11.60B$12.72B$8.10B$7.44B$8.55B$11.86B$12.01B
Income tax $338.0M$2.56B$563.0M$1.89B$2.77B$1.77B$769.0M$474.0M$11.53B$2.74B
Net income $2.78B$5.96B$9.84B$9.71B$9.95B$6.43B$6.73B$8.01B-$3.86B$9.43B
EPS, basic 3.336.457.356.176.784.364.625.61-2.656.12
EPS, diluted 3.276.377.326.136.704.334.575.53-2.606.00
Shares, diluted (wtd. avg.) $973.0M$1.13B$1.37B$1.45B$1.47B$1.44B$1.44B$1.43B$1.49B$1.57B

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $20.95B$19.87B$21.92B$21.95B$23.54B$23.12B$22.94B$23.50B$17.85B$15.16B
Short-term investments $6.72B$7.26B$7.61B$12.15B$8.61B$9.05B$4.17B$5.97B$8.31B$11.84B
Receivables $13.05B$12.83B$12.38B$13.33B$7.39B$8.04B$6.80B
Inventory $14.47B$14.56B$16.46B$15.37B$12.99B$10.23B$10.40B$9.82B$10.66B$11.04B
Total current assets $108.77B$108.55B$101.62B$100.45B$82.10B$80.92B$74.99B$75.29B$68.74B$76.20B
Property, plant and equipment $45.25B$41.12B$37.63B$38.75B$38.76B$36.25B$32.60B
Goodwill $1.90B$1.90B$1.90B$1.90B$1.90B$1.90B$1.90B$1.90B$1.90B$1.90B
Other intangibles $2.45B$2.65B$2.94B$3.03B$3.17B$3.32B$3.48B$3.72B$3.99B$4.29B
Total assets $281.28B$279.76B$273.06B$264.04B$244.72B$235.19B$228.04B$227.34B$212.48B$221.69B
Accounts payable $23.92B$25.68B$28.11B$27.49B$20.39B$19.93B$21.02B$22.30B$23.93B$23.33B
Total current liabilities $93.34B$96.27B$94.44B$91.17B$74.41B$79.91B$84.91B$82.24B$76.89B$85.18B
Total liabilities $218.12B$214.17B$204.76B$191.75B$178.90B$185.52B$182.08B$184.56B$176.28B$177.62B
Retained earnings $51.52B$53.47B$55.39B$49.25B$41.94B$31.96B$26.86B$22.32B$17.63B$26.17B
Total equity $61.12B$63.07B$68.19B$71.93B$65.81B$49.68B$45.96B$42.78B$36.20B$44.08B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $26.87B$20.13B$20.93B$16.04B$15.19B$16.67B$15.02B$15.26B$17.33B$16.61B
Depreciation and amortisation $11.98B$11.46B$11.74B$11.28B$12.05B$12.68B$14.06B$13.14B$11.97B$9.69B
Capital expenditure $9.30B$10.83B$10.97B$9.24B$7.51B$5.30B$7.59B$8.76B$8.45B$8.38B
Investing cash flow -$16.13B-$20.52B-$14.66B-$17.88B-$16.36B-$21.83B-$10.90B-$20.76B-$27.57B-$35.64B
Financing cash flow -$9.59B$1.94B-$6.35B$383.0M$1.74B$5.55B-$4.68B$11.45B$12.58B$17.08B
Dividends paid $657.0M$653.0M$597.0M$397.0M$186.0M$669.0M$2.35B$2.24B$2.23B$2.37B
Buybacks $6.01B$7.06B$11.12B$2.50B$0$90.0M$0$190.0M$4.49B$2.50B

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001467858-26-000022.

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