What was GM profit last year?
What was GM profit last year?
Adjusted pre-tax earnings in GM North America totaled $9 billion, an increase from last year’s $8 billion, resulting in average profit-sharing payouts of $9,000 to hourly workers later this month. GM International lost $528 million, an increase from last year’s loss of $202 million.
What is the revenue of General Motors?
122.5 billion USD (2020)
General Motors/Revenue
What are General Motors annual sales?
AFTER HOURS Vol 151,068
| Fiscal year is January-December. All values USD Millions. | 2020 | 2018 |
|---|---|---|
| Sales/Revenue | 122,485 | 147,049 |
| Sales Growth | -10.75% | 1.00% |
| Cost of Goods Sold (COGS) incl. D&A | 101,913 | 125,154 |
| COGS excluding D&A | 89,237 | 112,012 |
What does gross profit mean for General Motors?
General Motors annual/quarterly gross profit history and growth rate from 2009 to 2021. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
How much money does General Motors make a year?
General Motors Quarterly Gross Profit (Millions of US $) 2021-03-31 $5,080 2020-12-31 $4,897 2020-09-30 $6,052 2020-06-30 $96 2020-03-31 $2,627
How much does GM pay in dividends a year?
GM Financial paid $0.6 billion dividend to GM during Q1 2021 The division has sufficient capital and ample liquidity to support earning asset growth and navigate economic cycles Cadillac XT6 Automotive Liquidity & Debt
What was the revenue for the first quarter of 2021?
As expected, General Motors Company reported its first quarter 2021 financial results today. GM Q1 2021 earnings are headlined by a $3 billion income on $32.5 billion in revenue. Compared to the first quarter of 2020, these results represent a 900 percent jump in income on 0.6 percent lower revenue.