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GM

General Motors Company

$38.53

Earnings Summary

Revenue
$35759Mn
Net Profits
$1666Mn
Net Profit Margins
4.66%
PE Ratio
7.43

Highlights

Revenue:

General Motors Company’s revenue jumped 4.66% since last year same period to $35759Mn in the Q2 2022. On a quarterly growth basis, General Motors Company has generated -0.61% fall in its revenue since last 3-months.

Net Profits:

General Motors Company’s net profit fell -41.26% since last year same period to $1666Mn in the Q2 2022. On a quarterly growth basis, General Motors Company has generated -43.31% fall in its net profits since last 3-months.

Net Profit Margins:

General Motors Company’s net profit margin fell -43.87% since last year same period to 4.66% in the Q2 2022. On a quarterly growth basis, General Motors Company has generated -42.97% fall in its net profit margins since last 3-months.

PE Ratio:

General Motors Company’s price-to-earnings ratio after this Q2 2022 earnings stands at 7.43.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the General Motors Company post its latest quarter earnings

EPS Estimate Current Quarter
1.96
EPS Estimate Current Year
1.96

Highlights

EPS Estimate Current Quarter:

General Motors Company’s earning per share (EPS) estimates for the current quarter stand at 1.96 - a 63.33% jump from last quarter’s estimates.

EPS Estimate Current Year:

General Motors Company’s earning per share (EPS) estimates for the current year stand at 1.96.

Key Ratios

Key ratios of the General Motors Company post its Q2 2022 earnings

Earning Per Share (EPS)
1.14
Return on Assets (ROA)
0.03
Return on Equity (ROE)
0.14
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

General Motors Company’s earning per share (EPS) fell -42.13% since last year same period to 1.14 in the Q2 2022. This indicates that the General Motors Company has generated -42.13% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. General Motors Company’s return on assets (ROA) stands at 0.03.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. General Motors Company’s return on equity (ROE) stands at 0.14.

Dividend Per Share (DPS):

General Motors Company declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-04-27
1.67
2.09
25.15%
2022-07-26
1.2
1.14
-5%

Company Information

General Motors Company, conceived in the Motor City of Detroit, is a multinational automotive giant headquartered in Michigan. Founded by William C. Durant in 1908, they are now the most prominent American automobile manufacturer. General Motors Co. deals with designing, manufacturing, and selling automobiles and automobile spare parts under a plethora of brands like Chevrolet, Cadillac, Buick, and GMC. They've also ventured into automotive financing services via the General Motors Financial Company, Inc. GM has achieved extraordinary success in international markets by operating through four segments (GM North America, GM International, Cruise and GM financial). Through the century of ups and down, GM even survived bankruptcy, only to become a public company in 2010 with one of the largest IPOs worldwide. Through a series of successful investments like Lyft, the ride-sharing company of $500 million in 2016, GM's rise to prominence and industry domination continued. GM also began assisting Ventec Life Systems to produce ventilators during the pandemic. GM and Honda announced an alliance to purchase, research and develop vehicles in September 2020. The company has also ended the production and sales of all its fossil-fuel vehicles by 2035. Collaborating with LG in 2021, GM announced a $2.3 million project to build a plant to manufacture batteries for electric vehicles. The company also acquired 25% of Pure Watercraft, a manufacturer of all-electrical boats. Launching the most significant investment of $7 billion in Michigan, GM announced plans to convert a plant to produce electric cars with a new battery plant. Currently General Motors Company has a market cap of $54.96 Billion. It has a P.E ratio of 6.12. The shares of General Motors Company are trading at $36.65. .

Organisation
General Motors Company
Headquarters
Detroit, Michigan, US
Employees
155K
Industry
Consumer Durables
CEO
Mary Barra