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General Motors Company

GM Consumer Cyclical Auto Manufacturers

General Motors Company’s revenue for fiscal 2025 (year ended December 2025) was $185.0 billion, down 1.29% from fiscal 2024.

Revenue
+1.92%
EPS
−25.8%
Free cash flow
−7.52%
Total debt
−5.92%

Quarter to June 2026, against a year earlier

87.40 1.68 +1.96%
Market cap
$72.3B
P/E
42.0×
Fwd P/E
8.1×
Dividend yield
0.79%
F-score
5/9
Altman Z
1.23
Beneish M
−2.35
Dividend safety
66/100
Overview Business Profile
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Filings

Revenue by regions Fiscal 2014

  • United States
  • Non-US
  • Other, not broken out

Every year since 2011 →

Insider Decisions last twelve months

Sold, $m 148.67
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — 1 — — 6 2 4 1 — — —
Insider Ownership 5.99%

Capital & Financial Ratios $m

Size
Market Cap 72,310.00
Revenue ttm 185,527.00
Net income ttm 2,091.00
Free cash flow ttm 14,398.00
Net debt Q 102,978.00
Valuation
P/E 41.97 (above 35: high)
Forward P/E 8.11
Price / sales 0.42
Forward P/S Powerpack
Price / FCF 5.43
Price / book 1.23
Financial health
Current ratio Q 1.14
Debt / equity Q 2.01 (above 2: weak)
Interest coverage Q 9.66
Growth
Revenue growth Q +1.92% (above 0%: growing)
Operating income growth Q −31.41% (below 0%: shrinking)
EPS, this year +27.76% (at or above 15%: strong)
EPS, next year A +12.30%
Revenue, next year A +0.71%
EPS, past 5 yrs −5.46% (below 0%: weak)
EPS, next 5 yrs A +17.47% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 1.0×, against a ten-year median of 0.9×; over the ten years it ranged from 0.6× in 2016 to 1.4× in 2021.
P/E against its own 10 years 97.08%
10-year low 10-year high
P/S against its own 10 years 79.99%
10-year low 10-year high
P/B against its own 10 years 72.71%
10-year low 10-year high
EV/Sales against its own 10 years 78.08%
10-year low 10-year high
EV/FCF against its own 10 years 81.84%
10-year low 10-year high

Dividends raised 3 years running

Yield
0.79%
Annual rate
0.69
Payout ratio
34.9%
Growth, 2016–25
−10.3%/yr
  1. 1.52 ’16
  2. 1.52 ’17 +0%
  3. 1.52 ’18 +0%
  4. 1.52 ’19 +0%
  5. 0.38 ’20 −75%
  6. 0.18 ’22 −53%
  7. 0.36 ’23 +100%
  8. 0.48 ’24 +33%
  9. 0.57 ’25 +19%
  10. 0.72 ’26e +26%
paid forecast Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 26,466 27,137 27,669 24,719
Receivables 51,454 59,189 58,320 61,640
Inventory 16,461 14,564 14,467 15,950
Other 7,238 7,655 8,312 7,700
101,618 108,545 108,767 110,008
2023 2024 2025 Q'26
Payables 28,114 25,680 23,919 28,840
ST’ Debt 38,968 39,432 35,668 37,012
Other — — — —
94,445 96,265 93,342 96,834

Compound Annual Growth %

10y 5y 3y
Sales 3.15% 8.60% 5.69%
Cash Flow 8.60% 10.02% 18.75%
Earnings (10.54%) (12.63%) (29.08%)
Book Value 4.59% 4.92% (4.24%)

Earnings Trends EPS, adjusted, against the consensus

Q3 FY26 Estimate 3.55 Actual 3.70

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q4 FY25 2.27 2.51 Beat by 0.24
Q1 FY26 2.61 3.70 Beat by 1.09
Q2 FY26 3.13 3.57 Beat by 0.44
Q3 FY26 3.55 3.70 Beat by 0.15
Q4 FY26 2.44 — Reports 26 January 2027

EPS $

Mar Jun Sep Dec Year
’26 2.82 1.41 — — —
’25 3.35 1.91 1.35 (3.60) 3.27
’24 2.56 2.55 2.68 (2.43) 6.37
’23 1.69 1.83 2.20 1.59 7.32
’22 1.35 1.14 2.25 1.39 6.13
’21 2.03 1.90 1.62 1.16 6.70
’20 0.17 (0.56) 2.78 1.93 4.33
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 43,624 48,026 — — —
’25 44,020 47,122 48,591 45,286 185,019
’24 43,014 47,969 48,757 47,702 187,442
’23 39,985 44,746 44,131 42,980 171,842
’22 35,979 35,759 41,889 43,108 156,735
’21 32,474 34,167 26,779 33,584 127,004
’20 32,709 16,778 35,480 37,518 122,485
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 2,950 6,354 — — —
’25 6,061 6,908 7,103 6,795 26,867
’24 3,152 5,976 6,861 4,140 20,129
’23 3,086 7,591 6,596 3,657 20,930
’22 2,104 3,124 5,191 5,624 16,043
’21 1,266 7,162 (49) 6,809 15,188
’20 1,561 (2,815) 11,231 6,693 16,670
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 1,438 4,412 — — —
’25 4,245 4,771 4,973 3,575 17,564
’24 369 3,407 4,616 907 9,299
’23 3,919 2,075 13,875 (9,909) 9,960
’22 443 956 3,087 16,553 21,039
’21 388 5,589 (1,908) 18,003 22,072
’20 3,425 (1,478) 4,702 18,120 24,769
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.5
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 149,184 145,588 147,049 137,237 122,485 127,004 156,735 171,842 187,442 185,019 185,527 +2.4% 186,328 189,928 192,994 +1.4%
Gross margin, % 12.76 12.52 9.59 10.18 11.16 14.08 13.39 11.14 12.49 6.27 5.74 (6.5) pt
EBT 9,726 9,731 6,386 6,168 7,421 11,415 10,760 9,923 13,194 3,717 2,685 (10.1%)
EBT margin, % 6.52 6.68 4.34 4.49 6.06 8.99 6.87 5.77 7.04 2.01 1.45 (4.5) pt
Net income 9,269 330 8,075 6,667 6,321 9,945 9,708 9,840 5,963 2,780 2,091 (12.5%)
Per share, $
Per share, $ Revenue 96.87 99.38 104.22 96.37 85.47 87.53 108.47 125.98 168.11 193.74 207.06 +8.0%
Earnings 6.12 (2.60) 5.61 4.62 4.36 6.78 6.17 7.35 6.45 3.33 2.08 (6.5%)
Cash flow 10.78 11.83 10.81 10.55 11.63 10.47 11.10 15.34 18.05 28.13 25.90 +11.2%
Capex (3.79) (1.22) 1.49 4.01 5.65 4.74 3.46 (8.04) (9.71) (9.74) (9.83) +11.1%
Free cash flow 7.00 10.61 12.30 14.56 17.28 15.21 14.56 7.30 8.34 18.39 16.07 +11.3%
Book value 28.62 24.71 30.32 32.27 34.67 45.36 49.78 49.99 58.83 66.14 71.03 +9.8%
Shares, m 1,540 1,465 1,411 1,424 1,433 1,451 1,445 1,364 1,115 955 927 (5.2%)
Valuation, ×
Valuation, × P/E 5.77 0.00 5.97 7.89 9.55 8.63 5.49 4.92 9.84 26.15 41.97 8.4
P/S 0.36 0.42 0.32 0.38 0.49 0.67 0.31 0.29 0.32 0.42 0.42 0.4
P/B 1.23 1.69 1.10 1.13 1.20 1.29 0.68 0.72 0.91 1.23 1.23 1.1
EV/Sales 0.70 0.90 0.85 0.96 1.15 1.31 0.84 0.84 0.86 0.97 0.98 0.9
EV/FCF 9.73 8.47 7.22 6.38 5.67 7.51 6.29 14.50 17.42 10.26 12.58 9.3
Cash, $m
Cash, $m Operating cash flow 16,607 17,328 15,256 15,021 16,670 15,188 16,043 20,930 20,129 26,867 23,202 +5.5%
Capex (5,830) (1,786) 2,103 5,710 8,099 6,884 4,996 (10,970) (10,830) (9,303) (8,804) +5.3%
Free cash flow 10,777 15,542 17,359 20,731 24,769 22,072 21,039 9,960 9,299 17,564 14,398 +5.6%
Balance, $m
Balance, $m Working capital (8,978) (8,146) (6,944) (9,913) 1,014 7,695 9,278 7,173 12,280 15,425 13,174 n/m
Net debt 50,708 70,394 78,141 80,081 80,856 80,703 83,396 95,275 102,595 102,608 102,978 +8.1%
Shareholders’ equity 44,075 36,200 42,777 45,957 49,677 65,815 71,927 68,189 65,590 63,168 63,641 +4.1%
Returns, %
Returns, % ROA 4.53 (1.79) 3.60 2.89 2.70 4.10 3.50 3.73 2.60 1.13 0.65 (3.4) pt
ROIC 5.73 5.08 2.30 2.72 3.18 3.98 4.15 3.56 4.75 1.10 0.68 (4.6) pt
ROE 22.34 (9.67) 20.05 14.83 13.06 17.03 12.94 14.31 10.75 4.94 2.81 (17.4) pt
People
People Employees 225,000 180,000 173,000 164,000 155,000 157,000 167,000 163,000 162,000 156,000 — (4.0%)
Revenue/emp, $m 0.66 0.81 0.85 0.84 0.79 0.81 0.94 1.05 1.16 1.19 — +6.7%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Business profile

Updated

General Motors is an automotive company headquartered in Detroit. It designs, builds and sells trucks, crossovers, cars and automobile parts, and provides software-enabled services and subscriptions worldwide. Its vehicle brands include Buick, Cadillac, Chevrolet and GMC; its China-related operations also market vehicles under Baojun and Wuling.

The core business is split between GM North America and GM International. These operations develop, manufacture and/or market vehicles. GM also has equity stakes in China entities, principally involving vehicles sold through SAIC General Motors Sales Co., Ltd. and SAIC GM Wuling Automobile Co., Ltd.

Where the money comes from and where it goes Fiscal 2014

Fiscal 2014: revenue by regions, and margins
United States 93,559 60.00%
Non-US 57,533 36.90%
Other, not broken out 4,837 3.10%
Gross margin 8.86%
Operating margin 0.98%
Pre-tax margin 1.38%

Revenue by segment since 2011

General Motors Company vs peers in Auto Manufacturers (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
TM Toyota Motor Corporation $232.9B 8.4× 9.8× +4.07% (above 0%: growing) +11.16% (above 0%: growing) −702.74% (below 0%: shrinking) 18.03% 7.86% Compare
GM General Motors Company $72.3B 42.0× 8.1× +1.92% (above 0%: growing) −25.77% (below 0%: shrinking) −7.52% (below 0%: shrinking) 7.61% 3.04%
RACE Ferrari N.V. $63.7B 36.8× 36.0× +11.03% (above 0%: growing) +12.96% (above 0%: growing) +0.50% (above 0%: growing) 52.59% 31.22% Compare
F Ford Motor Company $49.3B — (loss-making) 13.6× −3.76% (below 0%: shrinking) n/m −53.58% (below 0%: shrinking) 12.59% 1.32% Compare
HMC Honda Motor Co., Ltd. $44.0B 6.0× 11.4× +4.19% (above 0%: growing) +105.66% (above 0%: growing) +20.08% (above 0%: growing) 22.24% 8.76% Compare
RIVN Rivian Automotive, Inc. $16.6B — (loss-making) — (loss-making) +27.24% (above 0%: growing) n/m −113.32% (below 0%: shrinking) 10.80% (50.42%) Compare
STLA Stellantis N.V. $13.6B 0.7× 10.0× −44.85% (below 0%: shrinking) −96.94% (below 0%: shrinking) −164.34% (below 0%: shrinking) 10.98% 2.26% Compare
LI Li Auto Inc. Sponsored ADR $9.5B — (loss-making) — (loss-making) −10.40% (below 0%: shrinking) n/m +291.23% (above 0%: growing) 11.05% (8.96%) Compare
VFS VinFast Auto Ltd. $8.1B — (loss-making) — (loss-making) +40.23% (above 0%: growing) n/m +3.73% (above 0%: growing) (73.58%) (98.92%) Compare
Median of peers $30.3B 7.2× 11.4× +4.13% +12.06% −26.54% 11.82% 1.79%

All 28 Auto Manufacturers stocks →

Analyst rating changes each firm’s latest, last six months

Firm Date Action Rating Target
Morgan Stanley Oct 23, 2026 Target cut — —
Barclays Oct 23, 2026 Target cut — —
UBS Oct 23, 2026 Target cut — —
Goldman Sachs Oct 23, 2026 Target cut — —
Wells Fargo Oct 23, 2026 Suspended — —

Pay and ownership Proxy statement filed 20 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 29.90m 87.78m 202.00
2024 29.50m 65.52m 131.00
2023 27.85m 21.72m 88.00
2022 28.98m (16.99m) 81.00
2021 29.14m 76.10m 141.00

Ownership

Directors and executive officers, together less than 1%
BlackRock, Inc. 8.30%
State Street Corporation 5.20%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

General Motors Company (GM) Latest News

30 Oct

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27 Oct

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Impact 3 · · StockStory
Impact 3 ·
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Impact 3 ·
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Impact 3 · · PR Newswire

GM metrics, ten years each

stockrow.com/GM · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com