Earnings Summary

General Motors Co.’s revenue jumped 7.2% since last year same period to $47968Mn in the Q2 2024. On a quarterly growth basis, General Motors Co. has generated 11.52% jump in its revenue since last 3-months.

General Motors Co.’s net profit jumped 14.3% since last year same period to $2933Mn in the Q2 2024. On a quarterly growth basis, General Motors Co. has generated -1.58% fall in its net profits since last 3-months.

General Motors Co.’s net profit margin jumped 6.63% since last year same period to 6.11% in the Q2 2024. On a quarterly growth basis, General Motors Co. has generated -11.74% fall in its net profit margins since last 3-months.

General Motors Co.’s price-to-earnings ratio after this Q2 2024 earnings stands at 5.22.

General Motors Co.’s earning per share (EPS) estimates for the current quarter stand at 2.38 - a -13.45% fall from last quarter’s estimates.

General Motors Co.’s earning per share (EPS) estimates for the current year stand at 2.38.

General Motors Co.’s earning per share (EPS) jumped 60.21% since last year same period to 3.06 in the Q2 2024. This indicates that the General Motors Co. has generated 60.21% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

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 Co.’s return on assets (ROA) stands at 0.03.

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 Co.’s return on equity (ROE) stands at 0.15.

General Motors Co. declared 0.12 dividend per share during the earnings announcement for Q2 2024.