General Motors Co

10-K & 10-Q Filings

General Motors Company is a Delaware corporation incorporated in 2009. The company designs, builds, and sells trucks, crossovers, cars, and automobile parts, as well as provides software-enabled services and subscriptions worldwide. Its automotive operations consist of GM North America (GMNA) and GM International (GMI), with vehicles developed, manufactured, and/or marketed under the Buick, Cadillac, Chevrolet, and GMC brands. The company also has 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. Cruise is the global segment responsible for the development and commercialization of autonomous vehicle (AV) technology. General Motors' business strategy focuses on investing in electric vehicles (EVs) and AVs, software-enabled services and subscriptions, and new business opportunities, while strengthening its market position in profitable internal combustion engine (ICE) vehicles. The company plans to have annual EV capacity of one million units in North America by the end of 2025 and is investing in battery cells for these and other future EVs through Ultium Cells Holdings LLC. General Motors also aims to provide comprehensive energy management and fast, reliable charging solutions for its customers. The company's website is www.gm.com, and its ticker symbol is GM.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$150276.00
152256.00
155427.00
155929.00
152356.00
166380.00
145588.00
147049.00
137237.00
122485.00
127004.00
156735.00
171842.00
39985.00
43014.00
1.12%7.58%Cost of Revenue (-)
$130386.00
140236.00
137373.00
142121.00
134054.00
145125.00
125997.00
120656.00
110651.00
97539.00
100544.00
126892.00
141330.00
32247.00
33996.00
0.67%5.42%Gross Profit (+)
$19890.00
12020.00
18054.00
13808.00
18302.00
21255.00
19591.00
26393.00
26586.00
24946.00
26460.00
29843.00
30512.00
7738.00
9018.00
3.63%16.54%Selling, General & Administrative (-)
$
12382.00
12158.00
13405.00
11710.00
9575.00
9650.00
8491.00
7038.00
8554.00
10667.00
9840.00
2547.00
2175.00
-14.61%Non-recurring Operating Expenses (-)
$1286.00
27145.00
541.00
120.00
Operating Expenses (-)
$14234.00
42383.00
12923.00
12278.00
13405.00
11710.00
9575.00
142604.00
21105.00
18312.00
17136.00
146421.00
162544.00
37407.00
39277.00
22.50%5.00%Costs & Expenses (Total) (-)
$144620.00
182619.00
150296.00
154399.00
147459.00
156835.00
135572.00
263260.00
131756.00
115851.00
117680.00
273313.00
303874.00
69654.00
73273.00
6.38%5.20%Operating Income/Loss (+)
$5656.00
-30363.00
5131.00
1530.00
4897.00
9545.00
10016.00
4445.00
5481.00
6634.00
9324.00
10315.00
9298.00
2578.00
3738.00
4.23%45.00%Non-operating Income/Expense (+)
$869.00
595.00
851.00
3119.00
3264.00
2711.00
2422.00
4759.00
2737.00
2559.00
4342.00
2269.00
1537.00
409.00
302.00
4.87%-26.16%Interest Expense (-)
$540.00
772.00
1049.00
1829.00
2059.00
2680.00
4121.00
950.00
987.00
911.00
234.00
219.00
4.45%-6.41%Earnings before Tax (+)
$5985.00
-30257.00
7458.00
4246.00
7718.00
11684.00
11863.00
8549.00
7436.00
8095.00
12716.00
11597.00
10403.00
2775.00
3715.00
4.71%33.87%Tax Expense (-)
$-110.00
-34831.00
2127.00
228.00
-1897.00
2416.00
11533.00
474.00
769.00
1774.00
2771.00
1888.00
563.00
428.00
762.00
78.04%Income/Loss (Continuing Operations) (+)
$6095.00
4574.00
5331.00
4018.00
9615.00
9268.00
330.00
8075.00
6667.00
6321.00
9945.00
9709.00
9840.00
2347.00
2953.00
4.07%25.82%Income/Loss (Discontinued Operations) (+)
$
-4212.00
-70.00
Profit/Loss (+)
$9287.00
6136.00
5331.00
4018.00
9615.00
9268.00
-3882.00
8005.00
6667.00
6321.00
9945.00
9708.00
9840.00
2346.00
2953.00
0.48%25.87%Net Income/Loss (NCI) (-)
$97.00
-52.00
-15.00
69.00
-72.00
-159.00
-18.00
-9.00
-65.00
-106.00
-74.00
-226.00
-287.00
-49.00
-27.00
44.90%Net Income/Loss (+)
$9190.00
6188.00
5346.00
3949.00
9687.00
9427.00
-3864.00
8014.00
6732.00
6427.00
10019.00
9934.00
10127.00
2395.00
2980.00
0.81%24.43%Net Income/Loss (Common) (+)
$7585.00
4859.00
3770.00
2804.00
9687.00
9427.00
-3880.00
7916.00
6581.00
6247.00
9837.00
8915.00
10022.00
2369.00
2970.00
2.35%25.37%EPS (Basic)
$4.94
3.10
2.71
1.75
6.11
6.12
-2.65
5.61
4.62
4.36
6.78
6.17
7.35
1.70
2.57
3.37%51.18%EPS (Diluted)
$
2.38
1.65
5.91
6.00
-2.60
5.53
4.57
4.33
6.70
6.13
7.32
1.69
2.56
51.48%Weighted Avg Shares (Basic)
1536.00
1566.00
1393.00
1605.00
1586.00
1540.00
1465.00
1411.00
1424.00
1433.00
1451.00
1445.00
1364.00
1396.00
1155.00
-0.98%-17.26%Weighted Avg Shares (Diluted)
1676.00
1687.00
1640.00
1570.00
1492.00
1431.00
1439.00
1442.00
1468.00
1454.00
1369.00
1402.00
1162.00
-17.12%Cash
$15705.00
19108.00
21268.00
20292.00
16828.00
12960.00
15512.00
20844.00
19069.00
19992.00
20067.00
19153.00
18853.00
18227.00
17635.00
1.53%-3.25%Short-term Investments
$16148.00
8988.00
8972.00
9222.00
8163.00
11841.00
8313.00
5966.00
4174.00
9046.00
8609.00
12150.00
7613.00
9981.00
7845.00
-6.07%-21.40%Receivables
$9949.00
14439.00
22813.00
25606.00
26388.00
31703.00
28685.00
33399.00
33398.00
34244.00
34043.00
46956.00
51454.00
45985.00
55456.00
14.68%20.60%Inventory
$14324.00
14714.00
14039.00
13642.00
13764.00
13788.00
10663.00
9816.00
10398.00
10235.00
12988.00
15366.00
16461.00
17758.00
17533.00
1.17%-1.27%Other Assets (Current)
$4121.00
12747.00
14409.00
14908.00
12864.00
5911.00
5571.00
5268.00
7953.00
7407.00
6396.00
6825.00
7238.00
6881.00
8001.00
4.81%16.28%Assets (Current)
$60247.00
69996.00
81501.00
83670.00
78007.00
76203.00
68744.00
75293.00
74992.00
80924.00
82103.00
100451.00
101618.00
98832.00
106470.00
4.45%7.73%Securities & Long-term Investments
$16864.00
7565.00
8923.00
9285.00
9784.00
8996.00
9073.00
9215.00
8562.00
8406.00
9677.00
10176.00
10613.00
10542.00
10740.00
-3.79%1.88%Property, Plant & Equipment (Net)
$22957.00
24196.00
29250.00
34803.00
51401.00
70346.00
79135.00
82317.00
38750.00
37632.00
41115.00
45248.00
50321.00
46895.00
51423.00
6.76%9.66%Goodwill & Intangibles
$39032.00
8782.00
7228.00
6410.00
Other Assets
$5503.00
38883.00
39442.00
43509.00
55328.00
66145.00
55530.00
60514.00
105733.00
108232.00
111823.00
108162.00
110512.00
110735.00
107959.00
28.40%-2.51%Assets (Non-current)
$84356.00
79426.00
84843.00
94007.00
116513.00
145487.00
143738.00
152046.00
153045.00
154270.00
162615.00
163586.00
171446.00
168173.00
170121.00
6.09%1.16%Assets (Total)
$144603.00
149422.00
166344.00
177677.00
194520.00
221690.00
212482.00
227339.00
228037.00
235194.00
244718.00
264037.00
273064.00
267004.00
276591.00
5.44%3.59%Accounts Payable
$47250.00
48474.00
48254.00
50713.00
51904.00
56153.00
49925.00
50346.00
47505.00
42997.00
20391.00
52396.00
55478.00
53175.00
55802.00
1.35%4.94%Debt (Current)
$1682.00
5518.00
14158.00
14988.00
19562.00
29028.00
26965.00
31891.00
37400.00
36913.00
33720.00
38778.00
38968.00
37010.00
35976.00
29.94%-2.79%Other Liabilities (Current)
$
20297.00
Liabilities (Current)
$48932.00
53992.00
62412.00
65701.00
71466.00
85181.00
76890.00
82237.00
84905.00
79910.00
74408.00
91173.00
94445.00
90185.00
91777.00
5.63%1.77%Debt (Non-current)
$3613.00
10532.00
22025.00
31853.00
43549.00
55600.00
67254.00
73060.00
65924.00
72981.00
75659.00
75921.00
82773.00
77411.00
86261.00
29.82%11.43%Other Liabilities
$53067.00
47898.00
38733.00
44099.00
39182.00
36834.00
32138.00
29265.00
31251.00
32626.00
28836.00
24658.00
27540.00
25177.00
27951.00
-5.32%11.02%Liabilities (Non-current)
$56680.00
58430.00
60758.00
75952.00
82731.00
92434.00
99392.00
102325.00
97175.00
105607.00
104495.00
100579.00
110312.00
102588.00
114213.00
5.71%11.33%Liabilities (Total)
$105612.00
112422.00
123170.00
141653.00
154197.00
177615.00
176282.00
184562.00
182080.00
185517.00
178903.00
191752.00
204757.00
192773.00
205990.00
5.67%6.86%Retained Earnings
$7183.00
10057.00
13816.00
14577.00
20285.00
26168.00
17627.00
22322.00
26860.00
31962.00
41937.00
49251.00
55391.00
51318.00
57688.00
18.56%12.41%AOCI
$-5861.00
-8052.00
-3113.00
-8073.00
-8036.00
-9330.00
-8011.00
-9039.00
-11156.00
-13488.00
-9269.00
-7901.00
-10247.00
-7778.00
-10459.00
-34.47%Shareholder's Equity
$38991.00
37000.00
43174.00
36024.00
40323.00
44075.00
36200.00
42777.00
45957.00
49677.00
65815.00
71927.00
68189.00
73961.00
70426.00
4.77%-4.78%Liabilities & Equity
$144603.00
149422.00
166344.00
177677.00
194520.00
221690.00
212482.00
227339.00
228037.00
235194.00
244718.00
264037.00
273064.00
267004.00
276591.00
5.44%3.59%Net Income/Loss
$9287.00
6136.00
5331.00
4018.00
9615.00
9268.00
9945.00
9708.00
9840.00
2346.00
2953.00
0.48%25.87%Depreciation & Amortization
$200.00
188.00
114.00
181.00
176.00
Increase/Decrease in Working Capital
$3897.00
-630.00
1326.00
-244.00
1754.00
438.00
3015.00
1376.00
3789.00
399.00
3366.00
2977.00
-1822.00
3022.00
Share-based Compensation
$-3024.00
-527.00
-820.00
-876.00
-1279.00
-4018.00
Adjustments to Reconcile Net Income
$-1121.00
4469.00
7299.00
6040.00
2363.00
7277.00
7265.00
-3307.00
-4210.00
-1053.00
5243.00
6335.00
11090.00
740.00
199.00
-73.11%Net Cash (Operating)
$8166.00
10605.00
12630.00
10058.00
11978.00
16545.00
17328.00
15256.00
15021.00
16670.00
15188.00
16043.00
20930.00
3086.00
3152.00
8.16%2.14%Capital Expenditure
$2410.00
8094.00
9292.00
7144.00
8802.00
10351.00
8494.00
8844.00
7592.00
5300.00
7509.00
9238.00
10970.00
2431.00
2783.00
13.46%14.48%Net Cash (Investing)
$-12740.00
-3505.00
-14362.00
-15698.00
-28035.00
-35643.00
-27572.00
-20763.00
-10899.00
-21826.00
-16355.00
-17882.00
-14663.00
-2262.00
-3914.00
-73.03%Increase/Decrease in Debt
$697.00
1412.00
8006.00
12240.00
19551.00
22124.00
18455.00
11664.00
-2531.00
6141.00
406.00
6580.00
6132.00
-807.00
918.00
19.87%213.75%Increase/Decrease in Equity
$11.00
-5214.00
-2438.00
-3277.00
-3520.00
-2500.00
-3507.00
2672.00
457.00
492.00
1736.00
-4621.00
-11115.00
-369.00
-280.00
24.12%Dividends Paid
$916.00
939.00
1687.00
2368.00
2233.00
2242.00
2350.00
669.00
186.00
397.00
597.00
185.00
198.00
-3.50%7.03%Net Cash (Financing)
$-358.00
-4741.00
3731.00
5675.00
13686.00
17139.00
12584.00
11454.00
-4677.00
5552.00
1744.00
383.00
-6353.00
-1685.00
300.00
117.80%Effect of Exchange Rate
$-253.00
-8.00
-400.00
-1102.00
-1345.00
-213.00
348.00
-299.00
2.00
-222.00
-152.00
-138.00
54.00
54.00
-78.00
-244.44%Increase/Decrease in Cash
$-5185.00
2351.00
1599.00
-1067.00
-3716.00
2688.00
5648.00
-553.00
174.00
425.00
-1594.00
-31.00
-807.00
-539.00
33.21%Cash (Beginning)
$21061.00
16071.00
18422.00
20021.00
18954.00
15160.00
17848.00
23496.00
22943.00
23117.00
23542.00
21948.00
21948.00
21917.00
0.34%-0.14%Cash (Ending)
$15499.00
18422.00
20021.00
18954.00
15238.00
17848.00
23496.00
22943.00
23117.00
23542.00
21948.00
21917.00
21141.00
21378.00
2.93%1.12%NOPAT
$5759.95
-65316.02
3667.65
1447.84
6100.63
7571.30
278.62
4198.55
4914.18
5180.17
7292.17
8635.71
8794.80
2180.38
2971.28
3.59%36.27%Gross Margin %
13.24%
7.89%
11.62%
8.86%
12.01%
12.77%
13.46%
17.95%
19.37%
20.37%
20.83%
19.04%
17.76%
19.35%
20.97%
Operating Margin %
3.76%
-19.94%
3.30%
0.98%
3.21%
5.74%
6.88%
3.02%
3.99%
5.42%
7.34%
6.58%
5.41%
6.45%
8.69%
NOPAT Margin %
3.83%
-42.90%
2.36%
0.93%
4.00%
4.55%
0.19%
2.86%
3.58%
4.23%
5.74%
5.51%
5.12%
5.45%
6.91%
Net Margin %
6.12%
4.06%
3.44%
2.53%
6.36%
5.67%
-2.65%
5.45%
4.91%
5.25%
7.89%
6.34%
5.89%
5.99%
6.93%
Tax Rate %
-1.84%
-115.12%
28.52%
5.37%
-24.58%
20.68%
97.22%
5.54%
10.34%
21.91%
21.79%
16.28%
5.41%
15.42%
20.51%
ROA
3.98%
-43.71%
2.20%
0.81%
3.14%
3.42%
0.13%
1.85%
2.15%
2.20%
2.98%
3.27%
3.22%
0.82%
1.07%
ROE
14.77%
-176.53%
8.50%
4.02%
15.13%
17.18%
0.77%
9.81%
10.69%
10.43%
11.08%
12.01%
12.90%
2.95%
4.22%
ROIC
10.66%
-226.14%
9.03%
3.19%
11.12%
10.42%
0.34%
4.67%
10.08%
10.09%
10.37%
12.19%
11.00%
3.55%
4.08%
Asset Turnover
1.04
1.02
0.93
0.88
0.78
0.75
0.69
0.65
0.60
0.52
0.52
0.59
0.63
0.15
0.16
Inventory Turnover
9.10
9.53
9.79
10.42
9.74
10.53
11.82
12.29
10.64
9.53
7.74
8.26
8.59
1.82
1.94
Equity Multiplier
3.71
4.04
3.85
4.93
4.82
5.03
5.87
5.31
4.96
4.73
3.72
3.67
4.00
3.61
3.93
Current Ratio
1.23
1.30
1.31
1.27
1.09
0.89
0.89
0.92
0.88
1.01
1.10
1.10
1.08
1.10
1.16
Quick Ratio
0.85
0.79
0.85
0.84
0.72
0.66
0.68
0.73
0.67
0.79
0.84
0.86
0.83
0.82
0.88
Debt/Equity Ratio
0.14
0.43
0.84
1.30
1.57
1.92
2.60
2.45
2.25
2.21
1.66
1.59
1.79
1.55
1.74
Working Capital/Sales
-0.05
-0.03
0.03
0.03
0.02
0.01
0.03
0.05
0.07
0.11
0.23
0.16
0.17
0.36
0.50
Dividend Payout Ratio %
15.90%
1.44%
46.00%
31.28%
801.45%
53.40%
47.82%
12.91%
2.55%
4.60%
6.79%
8.48%
6.66%
Total Payout
$208.00
4741.00
-3881.00
-8963.00
-16031.00
-17256.00
-12715.00
-12094.00
4424.00
-5964.00
-1956.00
-1562.00
5580.00
1361.00
-440.00
31.54%-132.33%Payout Ratio %
3.61%
7.26%
-105.82%
-619.06%
-262.78%
-227.91%
-4563.55%
-288.05%
90.03%
-115.13%
-26.82%
-18.09%
63.45%
62.42%
-14.81%