General Motors annual operating margin
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2025
General Motors Operating Margin Growth & History (GM)
General Motors's operating margin was 1.73% for fiscal 2025.
View full General Motors company overviewGeneral Motors annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 1.73% | −5.72 pp |
| 2024 | 2024-12-31 | 7.45% | +1.55 pp |
| 2023 | 2023-12-31 | 5.90% | −1.27 pp |
| 2022 | 2022-12-31 | 7.16% | −1.04 pp |
| 2021 | 2021-12-31 | 8.21% | +2.10 pp |
| 2020 | 2020-12-31 | 6.10% | +1.64 pp |
| 2019 | 2019-12-31 | 4.47% | +1.13 pp |
| 2018 | 2018-12-31 | 3.34% | −2.61 pp |
| 2017 | 2017-12-31 | 5.95% | +0.13 pp |
| 2016 | 2016-12-31 | 5.82% | +1.74 pp |
| 2015 | 2015-12-31 | 4.08% | +3.10 pp |
| 2014 | 2014-12-31 | 0.98% | −2.32 pp |
| 2013 | 2013-12-31 | 3.30% | +23.24 pp |
| 2012 | 2012-12-31 | −19.94% | −23.71 pp |
| 2011 | 2011-12-31 | 3.76% | −0.00 pp |
| 2010 | 2010-12-31 | 3.77% | — |
General Motors quarterly operating margin
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| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 3.33% | −1.63 pp |
| Q1 2026 | 2026-03-31 | 7.44% | −0.97 pp |
| Q4 2025 | 2025-12-31 | −8.90% | −12.39 pp |
| Q3 2025 | 2025-09-30 | 2.43% | −5.73 pp |
| Q2 2025 | 2025-06-30 | 4.96% | −3.83 pp |
| Q1 2025 | 2025-03-31 | 8.41% | −1.12 pp |
| Q4 2024 | 2024-12-31 | 3.49% | +1.15 pp |
| Q3 2024 | 2024-09-30 | 8.16% | +0.72 pp |
| Q2 2024 | 2024-06-30 | 8.79% | +2.03 pp |
| Q1 2024 | 2024-03-31 | 9.53% | +2.50 pp |
| Q4 2023 | 2023-12-31 | 2.34% | −4.22 pp |
| Q3 2023 | 2023-09-30 | 7.44% | −1.32 pp |
| Q2 2023 | 2023-06-30 | 6.76% | +0.27 pp |
| Q1 2023 | 2023-03-31 | 7.03% | +0.34 pp |
| Q4 2022 | 2022-12-31 | 6.55% | +1.55 pp |
| Q3 2022 | 2022-09-30 | 8.76% | +1.74 pp |
| Q2 2022 | 2022-06-30 | 6.49% | −2.89 pp |
| Q1 2022 | 2022-03-31 | 6.69% | −4.58 pp |
| Q4 2021 | 2021-12-31 | 5.01% | −3.11 pp |
| Q3 2021 | 2021-09-30 | 7.02% | −6.77 pp |
| Q2 2021 | 2021-06-30 | 9.37% | +18.46 pp |
| Q1 2021 | 2021-03-31 | 11.27% | +9.02 pp |
| Q4 2020 | 2020-12-31 | 8.12% | +10.15 pp |
| Q3 2020 | 2020-09-30 | 13.80% | +6.55 pp |
| Q2 2020 | 2020-06-30 | −9.08% | −16.75 pp |
| Q1 2020 | 2020-03-31 | 2.25% | −1.73 pp |
| Q4 2019 | 2019-12-31 | −2.04% | −5.44 pp |
| Q3 2019 | 2019-09-30 | 7.24% | +2.74 pp |
| Q2 2019 | 2019-06-30 | 7.67% | +3.65 pp |
| Q1 2019 | 2019-03-31 | 3.98% | +2.51 pp |
| Q4 2018 | 2018-12-31 | 3.40% | −2.45 pp |
| Q3 2018 | 2018-09-30 | 4.50% | −0.19 pp |
| Q2 2018 | 2018-06-30 | 4.02% | −2.19 pp |
| Q1 2018 | 2018-03-31 | 1.47% | −5.47 pp |
| Q4 2017 | 2017-12-31 | 5.85% | +4.18 pp |
| Q3 2017 | 2017-09-30 | 4.69% | −3.41 pp |
| Q2 2017 | 2017-06-30 | 6.21% | −1.74 pp |
| Q1 2017 | 2017-03-31 | 6.93% | +1.64 pp |
| Q4 2016 | 2016-12-31 | 1.67% | −9.21 pp |
| Q3 2016 | 2016-09-30 | 8.09% | +5.53 pp |
| Q2 2016 | 2016-06-30 | 7.95% | +4.58 pp |
| Q1 2016 | 2016-03-31 | 5.29% | +3.18 pp |
| Q4 2015 | 2015-12-31 | 10.87% | +7.57 pp |
| Q3 2015 | 2015-09-30 | 2.57% | −0.56 pp |
| Q2 2015 | 2015-06-30 | 3.37% | +4.56 pp |
| Q1 2015 | 2015-03-31 | 2.11% | +3.54 pp |
| Q4 2014 | 2014-12-31 | 3.30% | +2.90 pp |
| Q3 2014 | 2014-09-30 | 3.13% | −2.66 pp |
| Q2 2014 | 2014-06-30 | −1.19% | −5.67 pp |
| Q1 2014 | 2014-03-31 | −1.43% | −4.03 pp |
| Q4 2013 | 2013-12-31 | 0.41% | +88.90 pp |
| Q3 2013 | 2013-09-30 | 5.79% | +1.52 pp |
| Q2 2013 | 2013-06-30 | 4.48% | −0.36 pp |
| Q1 2013 | 2013-03-31 | 2.60% | −0.04 pp |
| Q4 2012 | 2012-12-31 | −88.49% | −89.68 pp |
| Q3 2012 | 2012-09-30 | 4.27% | −0.65 pp |
| Q2 2012 | 2012-06-30 | 4.84% | −1.38 pp |
| Q1 2012 | 2012-03-31 | 2.64% | +0.02 pp |
| Q4 2011 | 2011-12-31 | 1.18% | −3.90 pp |
| Q3 2011 | 2011-09-30 | 4.92% | −0.82 pp |
| Q2 2011 | 2011-06-30 | 6.23% | — |
| Q1 2011 | 2011-03-31 | 2.62% | — |
| Q3 2010 | 2010-09-30 | 5.09% | — |
| Q2 2010 | 2010-06-30 | 5.74% | — |
General Motors operating margin trends
Over the last five reported fiscal years, General Motors's operating margin decreased from 6.10% to 1.73%, a change of −4.37 percentage points. The latest reported quarter, Q2 2026, shows 3.33%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review General Motors filings at SEC.gov ↗