General Motors (GM) Gross Margin (2010 - 2026)
General Motors' Gross Margin was 18.55% in Q3 2026, up 4.85 percentage points from 13.70% a year earlier and up 3.28 percentage points from the prior quarter.
General Motors (GM) Gross Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, General Motors' Gross Margin was 14.86% through Sep 30, 2026, down 1.99 percentage points year-over-year; for FY2025, it was 13.99%, down 5.41 percentage points from FY2024.
- Gross Margin shows a five-year change of -6.37 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 19.41% in FY2024 (+1.65 pp), 17.76% in FY2023 (-1.28 pp), 19.04% in FY2022 (-1.79 pp) and 20.83% in FY2021 (+0.47 pp).
- Quarterly Gross Margin has moved between 5.69% (Q4 2025) and 20.97% (Q1 2024) over five years.
- Compared with a year earlier, Gross Margin was higher in two of the last eight quarters, with an average year-over-year change of -2.01 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q3 2026 (a gain of 4.85 percentage points); the worst was Q4 2025 (a drop of 11.62 percentage points).
- Per Business Quant data, GM's Gross Margin in the three quarters before Q3 2026 was 15.26% (Q2 2026), 19.70% (Q1 2026) and 5.69% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,318.95 Bn | 1,153.51 Bn | 4.75 Bn | 16.83% |
| 2 | Ferrari | 144.71 Bn | 137.20 Bn | 1.18 Bn | 52.59% |
| 3 | General Motors | 68.40 Bn | -34.50 Bn | 9.28 Bn | 18.55% |
| 4 | Honda Motor | 51.48 Bn | -96.68 Bn | 8.46 Bn | 22.24% |
| 5 | Ford Motor | 45.94 Bn | -96.52 Bn | 6.08 Bn | 12.59% |
| 6 | Toyota Motor | 25.22 Bn | -375.60 Bn | 20.95 Bn | 24.69% |
| 7 | Magna International | 17.96 Bn | 12.33 Bn | 1.61 Bn | 14.68% |
| 8 | Rivian Automotive | 16.10 Bn | -7.19 Bn | 179.00 Mn | 10.80% |
| 9 | Stellantis | 12.05 Bn | -152.07 Bn | 5.55 Bn | 10.98% |
| 10 | Li Auto | 11.42 Bn | -37.46 Bn | 417.98 Mn | 11.05% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 18.55% |
| Jun 30, 2026 | 15.26% |
| Mar 31, 2026 | 19.70% |
| Dec 31, 2025 | 5.69% |
| Sep 30, 2025 | 13.70% |
| Jun 30, 2025 | 16.62% |
| Mar 31, 2025 | 20.06% |
| Dec 31, 2024 | 17.31% |
| Sep 30, 2024 | 20.00% |
| Jun 30, 2024 | 19.50% |
| Mar 31, 2024 | 20.97% |
| Dec 31, 2023 | 14.82% |
| Sep 30, 2023 | 18.78% |
| Jun 30, 2023 | 18.13% |
| Mar 31, 2023 | 19.35% |
| Dec 31, 2022 | 19.79% |
| Sep 30, 2022 | 19.55% |
| Jun 30, 2022 | 18.17% |
| Mar 31, 2022 | 18.42% |
| Dec 31, 2021 | 18.14% |
General Motors Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=GM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "GM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=GM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();