General Motors (GM) Operating Margin (2010 - 2026)
General Motors' Operating Margin came in at 7.19% for Q3 2026, up 4.98 percentage points from 2.21% a year earlier and up 4.16 percentage points from the prior quarter.
General Motors (GM) Operating Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, General Motors reported Operating Margin of 2.32%, down 1.99 percentage points year-over-year; for FY2025, it was 1.57%, down 5.25 percentage points from FY2024.
- Operating Margin carries a five-year change of -3.84 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was 6.82% in FY2024 (+1.41 pp), 5.41% in FY2023 (-1.17 pp), 6.58% in FY2022 (-0.76 pp) and 7.34% in FY2021 (+1.93 pp).
- The Q3 2026 figure represents the highest quarterly Operating Margin since Q1 2025.
- Year-over-year, Operating Margin increased in two of the last eight quarters, with an average year-over-year change of -2.19 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in Q3 2026 (a gain of 4.98 percentage points), and the weakest in Q4 2025 (a drop of 11.24 percentage points).
- Business Quant data shows GM's Operating Margin at 3.04% (Q2 2026), 6.71% (Q1 2026) and -8.05% (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,290.53 Bn | 1,116.55 Bn | 4.75 Bn | 1.41% |
| 2 | General Motors | 69.64 Bn | -34.97 Bn | 9.28 Bn | 7.19% |
| 3 | Ferrari | 69.61 Bn | 62.10 Bn | 1.18 Bn | 31.22% |
| 4 | Ford Motor | 46.81 Bn | -95.68 Bn | 6.08 Bn | 1.32% |
| 5 | Honda Motor | 44.60 Bn | -105.21 Bn | 8.46 Bn | 8.76% |
| 6 | Toyota Motor | 25.22 Bn | -375.60 Bn | 20.95 Bn | 7.86% |
| 7 | Magna International | 17.75 Bn | 11.78 Bn | 1.61 Bn | 12.19% |
| 8 | Rivian Automotive | 15.22 Bn | -8.09 Bn | 179.00 Mn | -50.42% |
| 9 | Stellantis | 13.58 Bn | -151.07 Bn | 5.55 Bn | 1.61% |
| 10 | Li Auto | 11.40 Bn | -37.56 Bn | 417.98 Mn | -8.96% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.19% |
| Jun 30, 2026 | 3.04% |
| Mar 31, 2026 | 6.71% |
| Dec 31, 2025 | -8.05% |
| Sep 30, 2025 | 2.21% |
| Jun 30, 2025 | 4.51% |
| Mar 31, 2025 | 7.61% |
| Dec 31, 2024 | 3.19% |
| Sep 30, 2024 | 7.49% |
| Jun 30, 2024 | 8.07% |
| Mar 31, 2024 | 8.69% |
| Dec 31, 2023 | 2.14% |
| Sep 30, 2023 | 6.83% |
| Jun 30, 2023 | 6.23% |
| Mar 31, 2023 | 6.45% |
| Dec 31, 2022 | 6.06% |
| Sep 30, 2022 | 8.10% |
| Jun 30, 2022 | 5.92% |
| Mar 31, 2022 | 6.10% |
| Dec 31, 2021 | 4.53% |
General Motors Operating 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=operating-margin&ticker=GM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=GM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();