Overview
General Motors Co
Latest 10-K: FY2025, filed Jan 27, 2026 · Open the 10-K (Inline XBRL) ↗
- Revenue
- $185.02B
- 1.3%YoYdown from FY2024
- TotalRevenue
- Gross profit
- Not reported
- Operating income
- $2.91B
- 77.2%YoYdown from FY2024
- OperatingIncome
- Net income
- $2.70B
- 55.1%YoYdown from FY2024
- NetIncome
- Diluted EPS
- $3.27
- 48.7%YoYdown from FY2024
- EPSDiluted
- Diluted shares
- 973.0M
- 13.8%YoYdown from FY2024
- WeightedAvgSharesDiluted
At a glance
Growth
- General Motors Co reported revenue of $185.02B for fiscal 2025, down 1.3% from fiscal 2024.
- Revenue grew faster than the median S&P 500 member in 3 of the last 5 fiscal years.
Profitability
- Operating margin was 1.6% and net margin was 1.5%, against a median net margin of 12.8% across S&P 500 members for the same fiscal year.
Per share
- Diluted EPS was $3.27, down 48.7% from the prior year.
Written from the filed figures on this page by fixed rules — no AI.
Data as of Oct 23, 2026 · Sources: SEC EDGAR 10-K
Financial statements
Annual figures from the 10-K, most recent fiscal year first.
Income Statement
5 annual periodsChip: YoY change.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Revenue | $185.02B1.3%down S&P 500 6.4% | $187.44B9.1%up S&P 500 4.5% | $171.84B9.6%up S&P 500 4.8% | $156.74B23.4%up S&P 500 10.3% | $127.00B3.7%up S&P 500 13.8% | 9.9% S&P 500 6.6% |
| Gross Profit Median of 315 / 498 | — | — | — | — | $26.46B6.1%up S&P 500 15.7% | — S&P 500 6.2% |
| Operating Income Median of 373 / 498 | $2.91B77.2%down S&P 500 7.3% | $12.78B37.5%up S&P 500 7.4% | $9.30B9.9%down S&P 500 4.9% | $10.31B10.6%up S&P 500 7.5% | $9.32B40.5%up S&P 500 23.5% | -25.3% S&P 500 7.2% |
| Net Income | $2.70B55.1%down S&P 500 4.8% | $6.01B40.7%down S&P 500 5.7% | $10.13B1.9%up S&P 500 1.9% | $9.93B0.8%down S&P 500 1.3% | $10.02B55.9%up S&P 500 33.9% | -28.0% S&P 500 4.1% |
| EPS (Diluted) | $3.2748.7%down S&P 500 6.2% | $6.3713.0%down S&P 500 7.9% | $7.3219.4%up S&P 500 1.9% | $6.138.5%down S&P 500 1.5% | $6.7054.7%up S&P 500 34.8% | -16.4% S&P 500 5.6% |
Balance Sheet
5 annual periodsChip: YoY change.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Total Assets | $281.28B0.5%up S&P 500 5.6% | $279.76B2.5%up S&P 500 3.4% | $273.06B3.4%up S&P 500 4.1% | $264.04B7.9%up S&P 500 2.2% | $244.72B4.0%up S&P 500 6.7% | 3.5% S&P 500 4.7% |
| Total Liabilities Median of 357 / 498 | $218.12B1.8%up S&P 500 6.4% | $214.17B4.6%up S&P 500 1.9% | $204.76B6.8%up S&P 500 2.9% | $191.75B7.2%up S&P 500 2.0% | $178.90B3.6%down S&P 500 5.2% | 5.1% S&P 500 4.4% |
| Stockholders' Equity | $63.17B3.7%down S&P 500 6.8% | $65.59B3.8%down S&P 500 5.4% | $68.19B5.2%down S&P 500 7.3% | $71.93B9.3%up S&P 500 2.5% | $65.81B32.5%up S&P 500 9.0% | -1.0% S&P 500 6.1% |
| Cash & Equivalents | $20.95B5.4%up S&P 500 5.2% | $19.87B5.4%up S&P 500 1.9% | $18.85B1.6%down S&P 500 6.7% | $19.15B4.6%down S&P 500 -8.6% | $20.07B0.4%up S&P 500 -2.9% | 1.1% S&P 500 2.0% |
| Total Debt Median of 393 / 498 | $131.57B0.1%down S&P 500 2.3% | $131.76B6.7%up S&P 500 0.1% | $123.49B6.3%up S&P 500 0.1% | $116.22B5.8%up S&P 500 0.1% | $109.87B0.1%down S&P 500 0.0% | 4.6% S&P 500 3.7% |
Cash Flow Statement
5 annual periodsChip: YoY change.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $26.87B33.5%up S&P 500 6.3% | $20.13B3.8%down S&P 500 4.8% | $20.93B30.5%up S&P 500 9.9% | $16.04B5.6%up S&P 500 -0.7% | $15.19B8.9%down S&P 500 10.7% | 15.3% S&P 500 7.0% |
| Capital Expenditures | $9.30B14.1%down S&P 500 5.4% | $10.83B1.3%down S&P 500 2.8% | $10.97B18.7%up S&P 500 11.3% | $9.24B23.0%up S&P 500 14.0% | $7.51B41.7%up S&P 500 8.1% | 5.5% S&P 500 9.0% |
| Free Cash Flow Median of 378 / 498 | $17.56B88.9%up S&P 500 7.3% | $9.30B6.6%down S&P 500 6.1% | $9.96B46.4%up S&P 500 8.8% | $6.80B11.4%down S&P 500 -11.3% | $7.68B32.5%down S&P 500 10.2% | 23.0% S&P 500 4.9% |
n/m: not meaningful — the base (the prior year, or the first year for the CAGR) was zero or negative, or a per-share figure’s share basis changed (stock split). “—” means the figure is not available.
S&P 500 median = median of the companies in the index on Dec 31 of each fiscal year, from their own 10-K filings; a change counts only companies whose prior year was positive. Each median uses every member that reports the line item; where fewer than 80% do (banks and insurers file no gross profit), the row names how many. Published where at least 250 companies report it. Updated 2026-10-20. This compares reported figures, not share-price returns. Methodology
Ratios & valuation
FY2025Every ratio read two ways: Wall Street’s popular formula and the value investor’s stricter one. Same question, same unit. Pick a ratio.
Valuation · Earnings yield
What a dollar of market value earned
4.0%
Wall Street
on net earnings
FY2024 12.0%
22.2%
Value investor
on free cash flow
FY2024 15.5%
Gap +18.2 pts: Value-investor figure 18.2 points higher
How it’s calculated
Wall Street · on net earnings
Diluted EPS ÷ fiscal-year-end share price (1 ÷ P/E)
pe_ratio (ratio table)
P/E 24.9×Value investor · on free cash flow
(Operating cash flow − capital expenditures) ÷ market capitalisation (fiscal-year-end close × weighted-average diluted shares)
free cash flow ÷ market cap
Valuation · Enterprise yield
What a dollar of enterprise value earned
8.1%
Wall Street
on EBITDA
FY2024 14.7%
1.6%
Value investor
on EBIT
FY2024 7.8%
Gap −6.5 pts: Value-investor figure 6.5 points lower
How it’s calculated
Wall Street · on EBITDA
EBITDA ÷ enterprise value (1 ÷ EV/EBITDA)
ev_ebitda (ratio table)
EV/EBITDA 12.3×Value investor · on EBIT
Operating income (EBIT) ÷ enterprise value: depreciation counts as a real cost
operating income ÷ (ev_ebitda × ebitda)
Valuation · Book yield
Net assets behind a dollar of market value
79.8%
Wall Street
on book equity
FY2024 109.1%
77.4%
Value investor
on tangible book
FY2024 105.9%
Gap −2.4 pts: Value-investor figure 2.4 points lower
How it’s calculated
Wall Street · on book equity
Book value of equity ÷ market capitalisation (1 ÷ P/B)
pb_ratio (ratio table)
P/B 1.3×Value investor · on tangible book
Tangible book value (equity less goodwill and intangibles) ÷ market capitalisation
tangible_book_value_per_share ÷ (pb_ratio × book_value_per_share)
Quality · Return on capital
Profit earned on the money in the business
4.2%
Wall Street
ROE: net income ÷ equity
FY2024 9.0%
1.6%
Value investor
ROIC: after-tax operating profit ÷ invested capital
FY2024 5.7%
Gap −2.6 pts: Value-investor figure 2.6 points lower
How it’s calculated
Wall Street · ROE: net income ÷ equity
Net income ÷ average stockholders' equity (start and end of year), including noncontrolling interests. Buybacks shrink equity and lift it.
return_on_equity (ratio table)
Value investor · ROIC: after-tax operating profit ÷ invested capital
Operating profit after tax ÷ invested capital (total assets − cash − non-interest-bearing current liabilities), so leverage cannot flatter it
roic (ratio table)
Quality · Cash margin
Cash profit kept from each dollar of sales
8.0%
Wall Street
EBITDA margin
FY2024 12.9%
9.5%
Value investor
Free-cash-flow margin
FY2024 5.0%
Gap +1.5 pts: Value-investor figure 1.5 points higher
How it’s calculated
Wall Street · EBITDA margin
EBITDA ÷ revenue
ebitda ÷ revenue
Value investor · Free-cash-flow margin
(Operating cash flow − capital expenditures) ÷ revenue: taxes, interest, working capital and capex all paid
free cash flow ÷ revenue
Balance sheet · Liquidity
Short-term assets per dollar of bills due within a year
1.17×
Wall Street
Current ratio
FY2024 1.13×
1.01×
Value investor
Quick ratio, inventory excluded
FY2024 0.98×
Gap −0.16×: Value-investor figure 0.16 lower
How it’s calculated
Wall Street · Current ratio
Current assets ÷ current liabilities
current_ratio (ratio table)
Value investor · Quick ratio, inventory excluded
(Current assets − inventory) ÷ current liabilities
quick_ratio (ratio table)
Balance sheet · Debt cover
How many times one year of earnings repays all debt
0.11×
Wall Street
EBITDA ÷ total debt
FY2024 0.18×
0.13×
Value investor
FCF ÷ total debt
FY2024 0.07×
Gap +0.02×: Value-investor figure 0.02 higher
How it’s calculated
Wall Street · EBITDA ÷ total debt
EBITDA ÷ total debt (short-term + long-term)
ebitda ÷ total debt
Net debt/EBITDA 6.98×Value investor · FCF ÷ total debt
Free cash flow ÷ total debt: what is actually left to repay it
free cash flow ÷ total debt
Each ratio measures one thing two ways, in the same unit: the popular formula, then a stricter one, so a lower figure is the stricter reading. Gap = value-investor figure minus Wall Street figure, from the figures shown.
Price-based ratios use the fiscal-year-end closing price. Free cash flow = operating cash flow − capital expenditures (we compute it; filings rarely report it). n/m = not meaningful (denominator ≤ 0); “—” = not reported. Each ratio’s formulas are under “How it’s calculated”.
Smart money
Showing the most recent 5 annual periods. Get longer history on the Pro plan, or the full history (1993–present) plus the smart-money dataset and webhooks on Institutional.
Peers, filings & research
Research Reports
No published research on GM yet.
Reports appear here as analysts publish research on this company — built with Valuein's agentic workflows on data pinned to its SEC filing. Be the first: run equity_research_brief on GM and publish the result to your public profile.
Cite this page
Data as of Oct 23, 2026. Canonical address: https://valuein.biz/data/GM
Valuein. (2026, October 23). General Motors Co (GM) financial statements, earnings power and smart-money summary [Data set]. Source: SEC EDGAR filings. https://valuein.biz/data/GM
@misc{valuein_gm_2026,
author = {{Valuein}},
title = {General Motors Co (GM) financial statements, earnings power and smart-money summary},
year = {2026},
howpublished = {\url{https://valuein.biz/data/GM}},
note = {Data as of 2026-10-23; source: SEC EDGAR filings}
}10-K filed Jan 27, 2026 · accession 0001467858-26-000013
Agents: every figure Valuein's tools return carries a fact_id that traces to its SEC filing.
point-in-time · survivorship-free · every number traceable to its SEC filing