General Motors (GM) Operating Margin (2010 - 2026)
General Motors' (GM) quarterly Operating Margin came in at 3.04% in Q2 2026, down 192.0% YoY from 3.3% in Q2 2025, and down 54.71% on a QoQ basis from 6.71% in Q1 2026.
General Motors (GM) Operating Margin (2010 - 2026) Analysis & Trends
General Motors (GM) has 17 years of Operating Margin data on file, last reported at 3.04% in Q2 2026.
- Quarterly Operating Margin fell 192.0% year-over-year to 3.04% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.94% (down 501.0% YoY) and the FY2025 annual result came in at 1.57%, down 588.0% from the prior year.
- Operating Margin eased to 3.04% in Q2 2026, from 6.71% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 9.53% in Q1 2024 to a low of 6.28% in Q4 2025.
- A 5-year average of 5.45% and a median of 6.52% in 2022 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2024 — Operating Margin jumped 309 bps — and 2025, when it plunged 977 bps.
- Tracing GM's Operating Margin over 5 years: stood at 6.55% in 2022, then tumbled by 64 bps to 2.34% in 2023, then jumped by 49 bps to 3.49% in 2024, then slumped by 280 bps to 6.28% in 2025, then jumped by 148 bps to 3.04% in 2026.
- The last three Operating Margin figures came in at 3.04% (Q2 2026), 6.71% (Q1 2026), and 6.28% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,042.09 Bn | 998.56 Bn | 4.75 Bn | 1.41% |
| 2 | Toyota Motor | 242.42 Bn | 108.20 Bn | 12.27 Bn | 8.76% |
| 3 | Honda Motor | 122.32 Bn | 88.11 Bn | -34.06 Bn | 5.40% |
| 4 | Ford Motor | 81.57 Bn | 50.24 Bn | 6.08 Bn | 1.32% |
| 5 | General Motors | 80.05 Bn | 55.33 Bn | 7.33 Bn | 3.04% |
| 6 | Li Auto | 26.01 Bn | 12.56 Bn | 262.11 Mn | -13.05% |
| 7 | Xpeng | 22.52 Bn | 19.98 Bn | 388.90 Mn | -14.38% |
| 8 | Rivian Automotive | 20.71 Bn | 15.40 Bn | 179.00 Mn | -50.42% |
| 9 | Stellantis | 16.33 Bn | -25.12 Bn | 5.55 Bn | 1.61% |
| 10 | Nio | 11.59 Bn | 7.00 Bn | 704.43 Mn | 39.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.04% |
| Mar 31, 2026 | 6.71% |
| Dec 31, 2025 | -6.28% |
| Sep 30, 2025 | 2.43% |
| Jun 30, 2025 | 4.96% |
| Mar 31, 2025 | 7.61% |
| Dec 31, 2024 | 3.49% |
| Sep 30, 2024 | 7.49% |
| Jun 30, 2024 | 8.79% |
| Mar 31, 2024 | 9.53% |
| Dec 31, 2023 | 2.34% |
| Sep 30, 2023 | 6.83% |
| Jun 30, 2023 | 6.76% |
| Mar 31, 2023 | 6.45% |
| Dec 31, 2022 | 6.55% |
| Sep 30, 2022 | 8.76% |
| Jun 30, 2022 | 6.49% |
| Mar 31, 2022 | 6.10% |
| Dec 31, 2021 | 4.53% |
| Sep 30, 2021 | 7.02% |