General Motors Company (LON: 0R0E)

General Motors Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	171,606	157,658	143,975	113,590	108,673
Other Revenue	15,836	14,184	12,760	13,414	13,812
Revenue	187,442	171,842	156,735	127,004	122,485
Revenue Growth (YoY)	9.08%	9.64%	23.41%	3.69%	-10.75%
Cost of Revenue	151,065	141,330	126,892	100,544	96,856
Gross Profit	23,149	19,276	21,154	18,079	14,502
Selling, General & Admin	10,430	9,656	9,155	6,645	5,943
Operating Expenses	10,430	9,656	9,155	6,645	5,943
Operating Income	12,719	9,620	11,999	11,434	8,559
Interest Expense	-846	-911	-987	-950	-1,098
Interest & Investment Income	967	1,109	460	146	241
Earnings From Equity Investments	-4,419	342	664	1,100	527
Currency Exchange Gain (Loss)	321	-349	-172	-	-203
Other Non Operating Income (Expenses)	2	669	525	415	348
EBT Excluding Unusual Items	8,744	10,480	12,489	12,145	8,374
Merger & Restructuring Charges	-	-	-657	-	-683
Gain (Loss) on Sale of Investments	-225	-77	-236	571	404
Pretax Income	8,519	10,403	11,596	12,716	8,095
Income Tax Expense	2,556	563	1,888	2,771	1,774
Earnings From Continuing Operations	5,963	9,840	9,708	9,945	6,321
Net Income to Company	5,963	9,840	9,708	9,945	6,321
Minority Interest in Earnings	45	287	226	74	106
Net Income	6,008	10,127	9,934	10,019	6,427
Preferred Dividends & Other Adjustments	-1,181	106	1,019	182	180
Net Income to Common	7,189	10,021	8,915	9,837	6,247
Net Income Growth	-40.67%	1.94%	-0.85%	55.89%	-4.53%
Shares Outstanding (Basic)	1,115	1,364	1,445	1,451	1,433
Shares Outstanding (Diluted)	1,129	1,369	1,454	1,468	1,442
Shares Change (YoY)	-17.53%	-5.85%	-0.95%	1.80%	0.21%
EPS (Basic)	6.45	7.35	6.17	6.78	4.36
EPS (Diluted)	6.37	7.32	6.13	6.70	4.33
EPS Growth	-12.98%	19.41%	-8.51%	54.73%	-5.25%
Free Cash Flow	9,299	9,960	6,805	7,679	11,370
Free Cash Flow Per Share	8.24	7.28	4.68	5.23	7.88
Dividend Per Share	0.480	0.360	0.180	-	0.380
Dividend Growth	33.33%	100.00%	-	-	-75.00%
Gross Margin	12.35%	11.22%	13.50%	14.23%	11.84%
Operating Margin	6.79%	5.60%	7.66%	9.00%	6.99%
Profit Margin	3.84%	5.83%	5.69%	7.75%	5.10%
Free Cash Flow Margin	4.96%	5.80%	4.34%	6.05%	9.28%
EBITDA	18,689	15,784	17,824	16,894	13,653
EBITDA Margin	9.97%	9.19%	11.37%	13.30%	11.15%
D&A For EBITDA	5,970	6,164	5,825	5,460	5,094
EBIT	12,719	9,620	11,999	11,434	8,559
EBIT Margin	6.79%	5.60%	7.66%	9.00%	6.99%
Effective Tax Rate	30.00%	5.41%	16.28%	21.79%	21.91%
Revenue as Reported	187,442	171,842	156,735	127,004	122,485
Advertising Expenses	3,300	3,600	4,000	3,300	2,700

Source: S&P Capital IQ. Standard template. Financial Sources.