Operating Income for General Motors (GM)
According to General Motors's latest reported financial statements, the company's current operating income (TTM) is $2.48B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$2.48B
YoY change
-77.2%
5Y CAGR
-15.2%
Peak year (2024)
$12.78B
Cumulative operating income
$78.44B
Operating Income history chart for General Motors (GM) from 2008 to 2025
Operating Income history table for General Motors (GM) from 2008 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $2.91B | -77.2% | ||
| 2024 | $12.78B | +37.5% | ||
| 2023 | $9.30B | -9.9% | ||
| 2022 | $10.31B | +10.6% | ||
| 2021 | $9.32B | +40.5% | ||
| 2020 | $6.63B | +61.0% | ||
| 2019 | $4.12B | -15.6% | ||
| 2018 | $4.88B | -44.3% | ||
| 2017 | $8.78B | -14.5% | ||
| 2016 | $10.26B | +48.8% | ||
| 2015 | $6.90B | +170.0% | ||
| 2014 | $2.55B | -51.5% | ||
| 2013 | $5.26B | +101.0% | ||
| 2012 | $2.62B | -58.7% | ||
| 2011 | $6.34B | +18.1% | ||
| 2010 | $5.37B | -135.4% | ||
| 2009 | -$15.18B | +2.9% | ||
| 2008 | -$14.74B | — |
Operating Income values are taken from General Motors's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual operating income for General Motors (GM) came in at $2.91B – plunged 77.2% year-over-year.
General Motors operating income compound annual growth for the 2020–2025 (5 years) window is -15.2%, with a net decline across the window.
General Motors operating income peaked at $12.78B in 2024; the latest annual figure is $2.91B in 2025 (77.2% below peak).
$12.78B stands as the all-time-high annual operating income, posted in 2024, against a low of -$15.18B during 2009.
Among 8 Consumer Cyclical peers, General Motors (GM) ranks 9th; the peer median for operating income is $16.64B.
General Motors Operating Income by Year
General Motors Operating Income 2025: $2.91B
General Motors operating income in 2025 was $2.91B, plunged 77.2% below 2024.
General Motors Operating Income 2024: $12.78B
General Motors operating income in 2024 was $12.78B, surged 37.5% from 2023. This figure represents the highest annual value in the available history.
General Motors Operating Income 2023: $9.30B
General Motors operating income in 2023 was $9.30B, declined 9.9% below 2022.
General Motors Operating Income 2022: $10.31B
General Motors operating income in 2022 was $10.31B, grew 10.6% from 2021.
General Motors Operating Income 2021: $9.32B
General Motors operating income in 2021 was $9.32B.
See more financial history for General Motors (GM).
Sector peers — Operating Income
Companies in the same sector as General Motors, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $140.91B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $92.05B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $79.97B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $20.89B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $12.39B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $9.28B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $7.18B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $4.36B | Consumer Cyclical |
Frequently asked questions
What is General Motors's operating income?
- Latest reported operating income for General Motors (GM) is $2.48B (period ending March 31, 2026).
How has General Motors operating income changed year-over-year?
- General Motors (GM) operating income changed -77.2% year-over-year on the latest annual filing.
What is the long-term growth rate of General Motors operating income?
- General Motors (GM) operating income compound annual growth rate is -15.2% over the most recent 5 years available.
When did General Motors operating income hit its highest annual value?
- General Motors operating income reached its highest annual value of $12.78B in 2024.
What was General Motors operating income in 2024?
- General Motors (GM) operating income in 2024 was $12.78B.
What was General Motors operating income in 2025?
- General Motors (GM) operating income in 2025 was $2.91B.
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