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US automaker producing Chevrolet, GMC, Cadillac and Buick vehicles, with a growing EV lineup (Ultium platform) and a captive financing arm.
US automaker producing Chevrolet, GMC, Cadillac and Buick vehicles, with a growing EV lineup (Ultium platform) and a captive financing arm.
Sells vehicles to dealers, so revenue is booked when cars leave the plant; full-size trucks and SUVs in North America carry the profit. GM Financial adds interest income from loans and leases. It has narrowed its footprint since 2017, selling Opel and Vauxhall in Europe, and in 2024 stopped funding its Cruise robotaxi unit. China is run through joint ventures.
Moat: narrow (scale, brand, distribution). Large truck/SUV franchise strength and dealer network scale in North America, though EV transition has eroded past cost advantages.
Headquarters: Detroit, Michigan, USA · Founded: 1908 · Employees: 155,000
Size General Motors (GM) is a United States Consumer Discretionary company (Motor Vehicles) with a market value of $72.7B, the 185th largest of 3,117 United States companies the cockpit tracks. Shares closed at $86.16 on 6 Nov 2026.
Performance Over six months the shares gained 9.6%, against -0.2% for the median peer and -1.1% for the United States market (cap-weighted) — 6th highest of 21 in its peer set.
Growth Revenue fell 0.3% over the last twelve months (peer median +6.5%); the operating margin is 2.3% (peer median 6.5%).
Valuation It trades at 6.1× forward earnings against a peer median of 10.6× (4th cheapest of 20).
Price implies For today's price to make sense, revenue must grow about 24% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is +15 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 5.7 points below its cost of capital (7.8% WACC).
Credit General Motors has 78 bonds outstanding ($67.6B), rated BBB by the agencies and trading like BBB at a weighted spread of 100 bp.
Short interest Short interest is 2.6% of the free float (15 Oct 2026).
Next results Next results expected around 27 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $187B | $185B | $187B | $172B | $157B |
| Revenue growth | — | -1% | +9% | +10% | — |
| Gross profit | $13.2B | $11.6B | $32.6B | $29.0B | $30.8B |
| EBITDA | $16.3B | $14.9B | $24.2B | $21.0B | $21.6B |
| Net income | $3.96B | $2.70B | $6.01B | $10.1B | $9.93B |
| Free cash flow | $1.65B | $1.77B | -$5.98B | -$3.68B | -$5.14B |
| Capital expenditure | $21.8B | $25.1B | $26.1B | $24.6B | $21.2B |
| Total debt | $129B | $132B | $131B | $123B | $116B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| General Motors GM | $72.7B | +10% | 0% | 2% | 6.1× | 23.9% |
| Ford Motor F | $48.8B | +2% | -1% | 2% | 7.0× | 25.6% |
| Toyota Motor Corp. Sponsored ADR TM | $226B | +15% | +4% | 7% | 11.4× | n/a |
| Stellantis STLAP.PA | $17.0B | -40% | -2% | -14% | 8.2× | n/a |
| Tesla TSLA | $1.42T | -16% | +8% | 4% | 176.4× | n/a |
| Honda Motor 7267.T | $45.2B | +45% | +4% | -1% | 11.7× | 18.2% |
| HyundaiMtr 005380.KS | $47.5B | -47% | +1% | 5% | 7.3× | n/a |
| Kia 000270.KS | $28.3B | -34% | +8% | 7% | 5.4× | -12.9% |
| Nissan Motor 7201.T | $5.98B | -24% | -1% | 2% | 23.1× | n/a |
| Volkswagen VOW.DE | $39.1B | -24% | -3% | 7% | 5.5× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | GM | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +4.8% | +8.8% | 9th lowest of 21 |
| 6-month return | +9.6% | -0.2% | 6th highest of 21 |
| Distance from 52-week high | -8.1% | -18.8% | 6th highest of 21 |
| Revenue growth (TTM) | -0.3% | +6.5% | 7th lowest of 21 |
| Operating margin | 2.3% | 6.5% | 4th lowest of 21 |
| Forward P/E | 6.1× | 10.6× | 4th cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | 23.9% | 17.3% | 5th most demanding of 14 |
| Growth delivered (Del g) | +8.6% | +14.6% | 5th lowest of 14 |
| Hurdle (Req g minus delivered) | +15.3 pp | +6.7 pp | 2nd most demanding of 14 |
| ROIC minus cost of capital | -5.7 pp | -1.7 pp | 4th lowest of 21 |
| EV / EBITDA | 10.5× | 11.3× | 8th cheapest of 17 |
| Net debt / EBITDA | 6.0× | 3.6× | 2nd most indebted of 17 |
| Bond spread | 100 bp | 95 bp | 6th tightest of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| General Motors GM | United States | $72.7B | +10% | 0% | 2% | 6.1× | 23.9% | +8.6% |
| Ferrari RACE.MI | Italy | $92.2B | +30% | +6% | 30% | 37.7× | 22.8% | +15.6% |
| Ford Motor F | United States | $48.8B | +2% | -1% | 2% | 7.0× | 25.6% | +8.1% |
| Porsche P911.DE | Germany | $47.8B | 0% | -10% | 6% | 22.9× | 17.3% | +4.8% |
| HyundaiMtr 005380.KS | South Korea | $47.5B | -47% | +1% | 5% | 7.3× | n/a | n/a |
| Honda Motor 7267.T | Japan | $45.2B | +45% | +4% | -1% | 11.7× | 18.2% | +10.6% |
| Mercedes-Benz MBG.DE | Germany | $44.9B | -19% | -7% | 5% | 7.9× | 4.5% | +1.7% |
| Mahindra & Mahindra M&M.NS | India | $43.1B | -2% | +26% | 15% | 24.0× | 13.6% | +21.5% |
| Maruti Suzuki India MARUTI.NS | India | $42.3B | -7% | +30% | 7% | 30.1× | 27.7% | +21.1% |
| Bayerische Motoren Werke BMW.DE | Germany | $40.3B | -22% | -6% | 6% | 9.7× | n/a | n/a |
| Volkswagen VOW.DE | Germany | $39.1B | -24% | -3% | 7% | 5.5× | n/a | n/a |
| Daimler Truck DTG.DE | Germany | $34.7B | -1% | -14% | 5% | 10.6× | 9.8% | +4.8% |
| Bajaj Auto BAJAJ-AUTO.NS | India | $31.7B | +3% | +48% | 19% | 24.0× | 27.3% | +17.4% |
| Kia 000270.KS | South Korea | $28.3B | -34% | +8% | 7% | 5.4× | -12.9% | +14.0% |
| Suzuki Motor 7269.T | Japan | $27.3B | +26% | +14% | 9% | 9.1× | -0.8% | +14.6% |
| TVS Motor TVSMOTOR.NS | India | $22.6B | +21% | +34% | 12% | 42.5× | n/a | n/a |
| Eicher Motors EICHERMOT.NS | India | $22.3B | +5% | +28% | 21% | 33.0× | 36.0% | +21.8% |
| Toyota Motor 7203.T | Japan | $251B | +10% | +7% | 7% | 10.6× | n/a | n/a |
| Geely Auto 0175.HK | Hong Kong | $20.1B | -34% | +27% | 4% | 6.5× | -9.3% | +29.3% |
| Rivian Automotive RIVN | United States | $19.9B | -4% | +11% | -53% | n/a | n/a | n/a |
| Traton 8TRA.DE | Germany | $18.9B | +2% | +1% | 6% | 6.1× | n/a | n/a |
General Motors has 78 bonds outstanding with $67.6B face value. The agencies rate it BBB; its bonds trade like BBB. Weighted yield 5.44%, a spread of 100 bp over government bonds.