GM Income Statement Research

GM Stock  USD 42.46  0.20  0.47%   
Most accounts from GM's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into General Motors current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out GM Valuation and GM Correlation analysis.
  
At this time, GM's EBITDA is very stable compared to the past year. As of the 17th of April 2024, Total Operating Expenses is likely to grow to about 22.3 B, while Gross Profit is likely to drop about 19.3 B.
Most accounts from GM's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into General Motors current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out GM Valuation and GM Correlation analysis.
At this time, GM's EBITDA is very stable compared to the past year. As of the 17th of April 2024, Total Operating Expenses is likely to grow to about 22.3 B, while Gross Profit is likely to drop about 19.3 B.
 2021 2022 2023 2024 (projected)
Gross Profit17.9B21.0B30.5B19.3B
Total Revenue127.0B156.7B171.8B127.4B

GM income statement Correlations

-0.03-0.070.160.160.29-0.220.150.330.060.34-0.09-0.170.19-0.050.710.140.29-0.130.350.090.12-0.47-0.21-0.640.48
-0.030.720.66-0.170.00.46-0.27-0.16-0.20.54-0.010.71-0.61-0.840.66-0.29-0.180.22-0.510.1-0.360.28-0.25-0.210.31
-0.070.720.66-0.040.20.82-0.07-0.05-0.050.48-0.050.97-0.36-0.590.46-0.090.050.06-0.140.09-0.240.03-0.3-0.050.64
0.160.660.660.440.20.110.27-0.040.280.75-0.280.51-0.27-0.630.620.040.13-0.24-0.120.02-0.040.04-0.07-0.240.33
0.16-0.17-0.040.440.08-0.380.970.070.940.25-0.85-0.240.70.350.00.830.29-0.940.39-0.130.32-0.250.16-0.1-0.03
0.290.00.20.20.080.110.030.150.00.2-0.050.130.04-0.080.29-0.030.130.02-0.08-0.010.10.150.02-0.580.33
-0.220.460.820.11-0.380.11-0.29-0.03-0.280.060.150.9-0.28-0.30.14-0.14-0.030.26-0.10.11-0.280.01-0.340.120.6
0.15-0.27-0.070.270.970.03-0.290.080.960.12-0.88-0.250.840.52-0.090.930.3-0.980.5-0.170.36-0.320.13-0.070.02
0.33-0.16-0.05-0.040.070.15-0.030.08-0.180.02-0.06-0.070.170.110.20.070.92-0.070.370.8-0.540.060.13-0.230.16
0.06-0.2-0.050.280.940.0-0.280.96-0.180.13-0.88-0.230.770.46-0.130.90.04-0.950.35-0.350.46-0.30.08-0.01-0.03
0.340.540.480.750.250.20.060.120.020.13-0.180.36-0.28-0.60.68-0.020.03-0.13-0.050.1-0.170.06-0.23-0.460.46
-0.09-0.01-0.05-0.28-0.85-0.050.15-0.88-0.06-0.88-0.180.1-0.72-0.3-0.03-0.91-0.170.94-0.230.02-0.060.06-0.010.1-0.01
-0.170.710.970.51-0.240.130.9-0.25-0.07-0.230.360.1-0.47-0.620.37-0.22-0.020.23-0.20.14-0.340.12-0.310.070.59
0.19-0.61-0.36-0.270.70.04-0.280.840.170.77-0.28-0.72-0.470.85-0.330.90.28-0.820.58-0.180.39-0.380.13-0.04-0.02
-0.05-0.84-0.59-0.630.35-0.08-0.30.520.110.46-0.6-0.3-0.620.85-0.660.60.17-0.460.52-0.250.47-0.370.230.14-0.22
0.710.660.460.620.00.290.14-0.090.2-0.130.68-0.030.37-0.33-0.66-0.140.150.08-0.10.2-0.21-0.11-0.3-0.640.59
0.14-0.29-0.090.040.83-0.03-0.140.930.070.9-0.02-0.91-0.220.90.6-0.140.23-0.960.51-0.140.26-0.33-0.01-0.040.06
0.29-0.180.050.130.290.13-0.030.30.920.040.03-0.17-0.020.280.170.150.23-0.250.580.66-0.35-0.040.23-0.180.2
-0.130.220.06-0.24-0.940.020.26-0.98-0.07-0.95-0.130.940.23-0.82-0.460.08-0.96-0.25-0.450.09-0.230.27-0.050.010.01
0.35-0.51-0.14-0.120.39-0.08-0.10.50.370.35-0.05-0.23-0.20.580.52-0.10.510.58-0.450.030.26-0.40.23-0.050.26
0.090.10.090.02-0.13-0.010.11-0.170.8-0.350.10.020.14-0.18-0.250.2-0.140.660.090.03-0.890.33-0.01-0.010.0
0.12-0.36-0.24-0.040.320.1-0.280.36-0.540.46-0.17-0.06-0.340.390.47-0.210.26-0.35-0.230.26-0.89-0.520.13-0.11-0.01
-0.470.280.030.04-0.250.150.01-0.320.06-0.30.060.060.12-0.38-0.37-0.11-0.33-0.040.27-0.40.33-0.520.440.0-0.32
-0.21-0.25-0.3-0.070.160.02-0.340.130.130.08-0.23-0.01-0.310.130.23-0.3-0.010.23-0.050.23-0.010.130.440.04-0.23
-0.64-0.21-0.05-0.24-0.1-0.580.12-0.07-0.23-0.01-0.460.10.07-0.040.14-0.64-0.04-0.180.01-0.05-0.01-0.110.00.04-0.32
0.480.310.640.33-0.030.330.60.020.16-0.030.46-0.010.59-0.02-0.220.590.060.20.010.260.0-0.01-0.32-0.23-0.32
Click cells to compare fundamentals

GM Account Relationship Matchups

GM income statement Accounts

201920202021202220232024 (projected)
Interest Expense782M1.1B950M987M11.4B11.9B
Total Revenue137.2B122.5B127.0B156.7B171.8B127.4B
Gross Profit14.0B13.7B17.9B21.0B30.5B19.3B
Operating Income8.2B8.9B13.7B10.3B9.3B9.8B
Research Development6.8B6.2B7.9B9.8B9.9B7.6B
Cost Of Revenue123.3B108.8B109.1B135.8B141.3B108.1B
Income Before Tax7.4B8.1B12.7B11.6B10.4B9.0B
Net Income6.7B6.4B10.0B9.9B10.0B9.7B
Income Tax Expense769M1.8B2.8B1.9B563M534.9M
Minority Interest(65M)(106M)(74M)226M171M179.6M
Ebit8.2B8.9B13.7B10.3B9.3B9.8B
Ebitda22.3B21.7B25.7B23.9B9.3B15.3B
Tax Provision769M1.8B2.8B1.9B2.0B2.0B
Interest Income429M1.5B3.0B1.3B269M255.6M
Net Interest Income(353M)(857M)2.1B(527M)(688M)(653.6M)

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When determining whether General Motors is a strong investment it is important to analyze GM's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GM's future performance. For an informed investment choice regarding GM Stock, refer to the following important reports:

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When running GM's price analysis, check to measure GM's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GM is operating at the current time. Most of GM's value examination focuses on studying past and present price action to predict the probability of GM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GM's price. Additionally, you may evaluate how the addition of GM to your portfolios can decrease your overall portfolio volatility.
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Is GM's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GM. If investors know GM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GM listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.135
Dividend Share
0.36
Earnings Share
7.32
Revenue Per Share
125.984
Quarterly Revenue Growth
(0)
The market value of General Motors is measured differently than its book value, which is the value of GM that is recorded on the company's balance sheet. Investors also form their own opinion of GM's value that differs from its market value or its book value, called intrinsic value, which is GM's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GM's market value can be influenced by many factors that don't directly affect GM's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GM's value and its price as these two are different measures arrived at by different means. Investors typically determine if GM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GM's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.