Analysis of Geographic Areas
General Motors Co. operates in 2 regions: U.S. and Non-U.S..
Area Asset Turnover
General Motors Co., asset turnover by geographic area
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| U.S. | 2.40 | 2.27 | 2.14 | 1.69 | 1.64 |
| Non-U.S. | 1.72 | 1.66 | 1.58 | 1.29 | 1.34 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | U.S. | U.S. area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
| Non-U.S. | Non-U.S. area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: U.S.
General Motors Co.; U.S.; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net sales and revenue | 154,111) | 139,605) | 127,833) | 104,483) | 101,431) |
| Long-lived assets | 64,115) | 61,539) | 59,612) | 61,644) | 61,705) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 2.40 | 2.27 | 2.14 | 1.69 | 1.64 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2024 Calculation
Area asset turnover = Net sales and revenue ÷ Long-lived assets
= 154,111 ÷ 64,115 = 2.40
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | U.S. | U.S. area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: Non-U.S.
General Motors Co.; Non-U.S.; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net sales and revenue | 33,331) | 32,237) | 28,902) | 22,521) | 21,054) |
| Long-lived assets | 19,374) | 19,363) | 18,338) | 17,400) | 15,746) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 1.72 | 1.66 | 1.58 | 1.29 | 1.34 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2024 Calculation
Area asset turnover = Net sales and revenue ÷ Long-lived assets
= 33,331 ÷ 19,374 = 1.72
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Non-U.S. | Non-U.S. area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Net sales and revenue
General Motors Co., net sales and revenue by geographic area
US$ in millions
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| U.S., Automotive | 140,536) | 127,472) | 116,798) | 92,771) | 89,204) |
| U.S., GM Financial | 13,575) | 12,133) | 11,035) | 11,712) | 12,227) |
| U.S. | 154,111) | 139,605) | 127,833) | 104,483) | 101,431) |
| Non-U.S., Automotive | 31,070) | 30,186) | 27,177) | 20,819) | 19,469) |
| Non-U.S., GM Financial | 2,261) | 2,051) | 1,725) | 1,702) | 1,585) |
| Non-U.S. | 33,331) | 32,237) | 28,902) | 22,521) | 21,054) |
| Total consolidated | 187,442) | 171,842) | 156,735) | 127,004) | 122,485) |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
Long-lived assets
General Motors Co., long-lived assets by geographic area
US$ in millions
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| U.S., Automotive | 35,986) | 34,142) | 30,201) | 27,192) | 24,932) |
| U.S., GM Financial | 28,129) | 27,397) | 29,411) | 34,452) | 36,773) |
| U.S. | 64,115) | 61,539) | 59,612) | 61,644) | 61,705) |
| Non-U.S., Automotive | 15,811) | 16,054) | 14,907) | 13,771) | 12,516) |
| Non-U.S., GM Financial | 3,563) | 3,309) | 3,431) | 3,629) | 3,230) |
| Non-U.S. | 19,374) | 19,363) | 18,338) | 17,400) | 15,746) |
| Total consolidated | 83,489) | 80,902) | 77,950) | 79,044) | 77,451) |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).