Stock Analysis on Net

General Motors Co. (NYSE:GM)

$24.99

Operating Profit Margin
since 2010

Microsoft Excel

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Calculation

General Motors Co., operating profit margin, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).

1 US$ in millions

Operating Income (Loss)
The operating income experienced a significant decline in 2012, showing a large loss of -30,363 million USD. Prior to this, the company maintained positive operating incomes ranging from approximately 5,000 to 5,600 million USD. After the 2012 loss, operating income rebounded strongly, exceeding 9,000 million USD in several subsequent years and reaching a peak of 12,784 million USD by the end of 2024. This demonstrates substantial recovery and growth over the period following the loss year.
Automotive Sales and Revenue
Automotive sales and revenue showed generally stable trends with some fluctuations. The revenue grew steadily from 135,311 million USD in 2010 to a peak of 156,849 million USD in 2016, followed by a decline between 2016 and 2020 to a low of 108,673 million USD. After 2020, revenue rebounded steadily to reach 171,606 million USD by 2024, reflecting a positive growth trajectory in the latter years.
Operating Profit Margin
The operating profit margin reflects volatility during the period. The margin was consistently positive, around 3.7% to 3.8%, before dropping sharply to -20.2% in 2012, consistent with the operating loss observed that year. From 2013 onward, the margin improved progressively, reaching a peak of 8.21% in 2021 before leveling off somewhat and fluctuating between approximately 5.9% and 7.5% through 2024. This indicates improved operational efficiency following the 2012 downturn, albeit with some variation in the most recent years.
Overall Pattern and Insights
The data reveals a significant disruption in 2012 marked by a large operating loss and negative profit margin, which coincided with only a modest increase in sales and revenue from the prior year. Following this disruption, the company demonstrated strong operational and financial recovery, with growing operating income and improving profit margins. The automotive sales and revenue, though showing some periods of decline, ultimately rose substantially by 2024, contributing to enhanced profitability. The operating profit margin trend highlights efforts to regain profitability and operational control after the loss year, maintaining positive and generally strengthening margins thereafter.

Comparison to Competitors

General Motors Co., operating profit margin, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).