GM Historical Income Statement
GM Stock | USD 51.81 1.47 2.92% |
Historical analysis of GM income statement accounts such as Total Revenue of 127.4 B can show how well General Motors performed in making a profits. Evaluating GM income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of GM's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining General Motors latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether General Motors is a good buy for the upcoming year.
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About GM Income Statement Analysis
General Motors Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to GM shareholders. The income statement also shows GM investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
GM Income Statement Chart
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Total Revenue
Total revenue comprises all receipts General Motors generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of General Motors minus its cost of goods sold. It is profit before GM operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in General Motors financial statement analysis. It represents the amount of money remaining after all of General Motors operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in General Motors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At this time, GM's EBITDA is very stable compared to the past year. As of the 21st of December 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 Profit | 17.9B | 21.0B | 30.5B | 19.3B | Total Revenue | 127.0B | 156.7B | 171.8B | 127.4B |
GM income statement Correlations
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GM Account Relationship Matchups
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GM income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 782M | 1.1B | 950M | 987M | 11.4B | 11.9B | |
Selling General Administrative | 4.8B | 4.3B | 5.3B | 6.7B | 10.8B | 11.2B | |
Total Revenue | 137.2B | 122.5B | 127.0B | 156.7B | 171.8B | 127.4B | |
Gross Profit | 14.0B | 13.7B | 17.9B | 21.0B | 30.5B | 19.3B | |
Operating Income | 8.2B | 8.9B | 13.7B | 10.3B | 9.3B | 9.8B | |
Research Development | 6.8B | 6.2B | 7.9B | 9.8B | 9.9B | 7.9B | |
Cost Of Revenue | 123.3B | 108.8B | 109.1B | 135.8B | 141.3B | 108.1B | |
Income Before Tax | 7.4B | 8.1B | 12.7B | 11.6B | 10.4B | 9.0B | |
Net Income Applicable To Common Shares | 6.6B | 6.2B | 9.8B | 8.9B | 8.0B | 8.8B | |
Net Income | 6.7B | 6.4B | 10.0B | 9.9B | 10.0B | 9.7B | |
Income Tax Expense | 769M | 1.8B | 2.8B | 1.9B | 563M | 534.9M | |
Minority Interest | (65M) | (106M) | (74M) | 226M | 171M | 179.6M | |
Depreciation And Amortization | 14.1B | 12.7B | 12.0B | 11.3B | 11.9B | 10.0B | |
Other Operating Expenses | 131.8B | 115.9B | 117.7B | 146.4B | 162.5B | 114.3B | |
Ebit | 8.2B | 9.2B | 13.7B | 12.6B | 9.3B | 9.8B | |
Ebitda | 22.3B | 21.9B | 25.7B | 23.9B | 9.3B | 15.4B | |
Total Operating Expenses | 8.5B | 7.0B | 8.6B | 10.7B | 21.2B | 22.3B | |
Total Other Income Expense Net | (782M) | 1.5B | 3.4B | 1.3B | 1.1B | 1.0B | |
Net Income From Continuing Ops | 6.7B | 6.3B | 9.9B | 9.7B | 9.9B | 7.6B | |
Non Operating Income Net Other | 4.8B | 2.7B | 2.6B | 4.3B | 5.0B | 2.8B | |
Selling And Marketing Expenses | 4B | 3.7B | 2.7B | 3.3B | 3.6B | 3.4B | |
Tax Provision | 769M | 1.8B | 2.8B | 1.9B | 2.0B | 2.0B | |
Interest Income | 429M | 1.5B | 3.0B | 1.3B | 269M | 255.6M | |
Net Interest Income | (353M) | (857M) | 2.1B | (527M) | (688M) | (653.6M) | |
Reconciled Depreciation | 14.1B | 12.8B | 12.1B | 11.3B | 11.5B | 10.0B |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in General Motors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Automobile Manufacturers space 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 0.218 | Dividend Share 0.45 | Earnings Share 9.37 | Revenue Per Share 155.11 | Quarterly Revenue Growth 0.105 |
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.