GMNYSEMotor Vehicles & Passenger Car BodiesFiscal year ends December 31
General Motors Co
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 20, 2026
$82.75−1.21 (-1.44%)
Close on Oct 19, 2026
- Market cap
- $75.30B
- P/E (TTM)
- 39.8
- Dividend yield
- 0.69%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
–
Operating margin
1.6%−3.8 pts over 5 years
Net margin
1.5%−3.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -1.3% | +5.7% | +8.6% | +3.1% | |
| Operating income | -77.2% | -34.4% | -15.2% | -6.2% | |
| Net income | -55.1% | -35.2% | -15.9% | -12.0% | |
| EPS, diluted | -48.7% | -18.9% | -5.5% | -5.7% | |
| Free cash flow | +88.9% | +37.2% | +9.1% | +13.5% | |
| Dividend per share | +18.8% | +46.8% | +8.4% | -8.5% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 22.5% | 14.8% | 4.3% | |
| Return on assets | 4.5% | 2.8% | 1.0% | |
| Current ratio | 0.89 | 1.01 | 1.17 | |
| Interest coverage | 3.4× | 1.6× | – | |
| Inventory turnover | 9.8× | 9.5× | – | |
| Capex to revenue | 5.6% | 4.3% | 5.0% | |
| Diluted shares | 1.57B | 1.44B | 973M |
Where the cash went
Fiscal 2021 to 2025, five years combined
General Motors generated $99.16B from operations and spent $77.03B on capital expenditure, dividends and share buybacks. 62% of that went back into the business.
Generated
$99.16B
Used
$77.03B
Capital expenditure$47.85B62%Dividends$2.49B3%Share buybacks$26.69B35%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin1.5%
×Asset turnover0.66×
×Equity multiplier4.52×
=Return on equity, FY20254.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 1.5% | 0.66× | 4.52× | 4.3% |
| FY2024 | 3.2% | 0.68× | 4.34× | 9.4% |
| FY2023 | 5.9% | 0.64× | 4.07× | 15.3% |
| FY2022 | 6.3% | 0.62× | 3.99× | 15.6% |
| FY2021 | 7.9% | 0.53× | 4.58× | 19.1% |
| FY2020 | 5.2% | 0.53× | 5.34× | 14.8% |
| FY2019 | 4.9% | 0.60× | 5.65× | 16.7% |
| FY2018 | 5.4% | 0.67× | 5.95× | 21.7% |
| FY2017 | -2.7% | 0.67× | 5.51× | -9.8% |
| FY2016 | 6.3% | 0.72× | 4.97× | 22.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 7 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$2.70B
- Cash generatingOperating cash flow above zero$26.87B
- Return on assets improvedROA up on the prior year2.2% → 1.0%
- Earnings backed by cashOperating cash flow above net income$26.87B vs $2.70B
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.13 → 1.17
- No dilutionShare count did not rise1.13B → 973M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.69 → 0.66