Stock Analysis on Net
Stock Analysis on Net

General Motors Co. (NYSE:GM)

Common-Size Income Statement 
Quarterly Data

General Motors Co., common-size consolidated income statement (quarterly data)

Microsoft Excel
3 months ended: Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Automotive net sales and revenue 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
Automotive and other cost of sales -87.20 -87.64 -86.70 -93.25 -88.50 -88.80 -88.00 -86.81 -87.07 -89.72 -89.43 -90.57 -88.24 -88.69 -86.40 -88.58 -84.73 -100.61 -91.68 -95.32 -88.55 -87.36 -90.30
Automotive and other gross margin 12.80% 12.36% 13.30% 6.75% 11.50% 11.20% 12.00% 13.19% 12.93% 10.28% 10.57% 9.43% 11.76% 11.31% 13.60% 11.42% 15.27% -0.61% 8.32% 4.68% 11.45% 12.64% 9.70%
GM Financial net sales and revenue 8.99 8.87 9.70 9.47 8.97 8.47 9.11 8.22 8.23 9.64 9.61 10.64 14.31 11.13 11.72 10.05 10.64 25.56 12.21 13.36 11.49 11.21 11.57
GM Financial interest, operating and other expenses -7.50 -7.06 -7.92 -7.80 -7.24 -6.71 -7.13 -6.34 -5.99 -6.41 -5.87 -6.90 -9.88 -6.16 -7.84 -7.10 -7.04 -24.23 -11.51 -11.68 -9.39 -9.70 -10.58
Automotive and other selling, general and administrative expense -6.14 -5.38 -5.55 -6.09 -5.79 -6.20 -6.95 -8.52 -6.40 -7.03 -7.63 -8.16 -9.17 -6.91 -6.20 -6.25 -5.08 -9.80 -6.76 -8.39 -6.31 -6.48 -6.71
Operating income (loss) 8.16% 8.79% 9.53% 2.34% 7.44% 6.76% 7.03% 6.55% 8.76% 6.49% 6.69% 5.01% 7.02% 9.37% 11.27% 8.12% 13.80% -9.08% 2.25% -2.04% 7.24% 7.67% 3.98%
Automotive interest expense -0.46 -0.47 -0.56 -0.57 -0.57 -0.55 -0.64 -0.67 -0.67 -0.72 -0.69 -0.75 -0.98 -0.79 -0.86 -0.81 -1.02 -2.27 -0.66 -0.74 -0.65 -0.60 -0.58
Interest income and other non-operating income, net 0.88 0.14 0.77 0.80 1.12 0.87 1.12 0.06 1.54 0.90 1.58 2.17 3.42 2.55 2.75 1.94 1.56 3.09 1.07 0.48 0.53 1.12 2.58
Equity income (loss) -0.27 -0.19 -0.27 0.32 0.56 0.26 0.06 0.56 0.95 -0.14 0.89 0.94 1.38 1.06 1.26 0.84 0.96 1.59 -0.45 0.99 0.99 0.84 1.32
Income (loss) before income taxes 8.31% 8.27% 9.47% 2.89% 8.55% 7.34% 7.57% 6.50% 10.59% 6.54% 8.47% 7.37% 10.83% 12.20% 14.42% 10.09% 15.30% -6.68% 2.21% -1.31% 8.12% 9.03% 7.30%
Income tax (expense) benefit -1.58 -1.74 -1.94 2.19 -1.16 -1.27 -1.17 -1.46 -2.18 -1.50 0.09 -1.55 -0.65 -3.16 -4.05 -1.88 -2.77 0.84 -1.22 0.60 -0.85 -1.62 -0.44
Net income (loss) 6.72% 6.53% 7.53% 5.08% 7.39% 6.08% 6.40% 5.04% 8.40% 5.03% 8.55% 5.82% 10.19% 9.04% 10.37% 8.20% 12.53% -5.84% 0.98% -0.71% 7.26% 7.41% 6.86%
Net loss attributable to noncontrolling interests 0.11 0.13 0.07 0.28 0.17 0.14 0.13 -0.02 0.14 0.15 0.40 -0.08 0.15 0.19 0.03 0.14 0.08 0.16 0.03 -0.01 0.13 0.05 0.04
Net income (loss) attributable to stockholders 6.83% 6.66% 7.60% 5.35% 7.57% 6.22% 6.54% 5.02% 8.54% 5.19% 8.95% 5.74% 10.33% 9.22% 10.40% 8.35% 12.61% -5.67% 1.01% -0.71% 7.39% 7.46% 6.90%
Cumulative dividends on subsidiary preferred stock -0.06 -0.03 -0.03 -0.07 -0.06 -0.06 -0.07 -0.04 -0.07 -0.08 -2.90 -0.15 -0.19 -0.15 -0.16 -0.13 -0.12 -0.36 -0.16 -0.14 -0.12 -0.11 -0.12
Net income (loss) attributable to common stockholders 6.77% 6.63% 7.57% 5.29% 7.50% 6.16% 6.46% 4.98% 8.47% 5.11% 6.05% 5.59% 10.14% 9.07% 10.24% 8.22% 12.49% -6.03% 0.85% -0.85% 7.27% 7.34% 6.78%

Based on: 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

Income statement item Description The company
Operating income (loss) The net result for the period of deducting operating expenses from operating revenues. General Motors Co. operating income (loss) as a percentage of automotive net sales and revenue decreased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.
Income (loss) before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. General Motors Co. income (loss) before income taxes as a percentage of automotive net sales and revenue decreased from Q1 2024 to Q2 2024 but then slightly increased from Q2 2024 to Q3 2024.
Net income (loss) attributable to stockholders The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. General Motors Co. net income (loss) attributable to stockholders as a percentage of automotive net sales and revenue decreased from Q1 2024 to Q2 2024 but then slightly increased from Q2 2024 to Q3 2024.