GM General Motors margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 38

Gross margin

Operating margin

2.3%

EBITDA margin

9.9%

Net margin

2.1%

For this period, General Motors reports a gross margin of 7%, an operating margin of 2.3%, an EBITDA margin of 9.9%, and a net margin of 2.1%. The strongest positive change was in net margin, higher by 0.5 percentage points. The strongest negative change was in gross margin, lower by 2.4 percentage points.

GM margin history

Gross, operating, EBITDA and net margin trends

General Motors's margins averaged 9.7% gross, 4.52% operating, 11.56% EBITDA, and 3.4% net during the last 3 years. All four current margins are lower than their three-year averages.

GM margin expansion

Year-over-year margin changes in percentage points

The largest gain was in net margin, up 0.5 percentage points. The expansion was limited to net margin, while gross margin contracted by 2.4 percentage points, operating margin by 2 percentage points, and EBITDA margin by 0.1 percentage points.

Gross margin expansion

-2.4pp

Operating margin expansion

-2pp

EBITDA margin expansion

-0.1pp

Net margin expansion

0.5pp

GM Gross margin

Across the last 3 years, General Motors's gross margin averaged 9.7%. The latest gross margin for General Motors is 7%, 2.7 percentage points below its three-year average. Gross margin was highest at 12.5% in Dec 2024 and lowest at 5.7% in Jun 2026.

GM Operating margin

Over the last 3 years, General Motors's operating margin averaged 4.52%. The current operating margin of 2.3% is 2.2 percentage points below its three-year average. During this period, operating margin reached a high of 6.8% in Dec 2024 and a low of 1% in Jun 2026.

GM EBITDA margin

General Motors's EBITDA margin averaged 11.56% over the last 3 years. Compared with its three-year average, General Motors's current EBITDA margin is 9.9% and is 1.7 percentage points below its three-year average. Over the last 3 years, General Motors's EBITDA margin peaked at 14.3% in Jun 2024 and reached a low of 9.4% in Jun 2026.

GM Net margin

Reviewing the last 3 years, General Motors recorded an average net margin of 3.4%. General Motors's current net margin is 2.1% and is 1.3 percentage points below its three-year average. The highest net margin for General Motors was 6.2% in Jun 2024, while the lowest was 1.1% in Jun 2026.

GM margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 7%, GM ranks lower than the Consumer Cyclical sector and the industry average. In comparison with the Consumer Cyclical sector average of 36.2%, General Motors's gross margin is 81% lower.

GM margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is General Motors's gross margin?

For the period ending Sep 30, 2026, GM recorded a gross margin of 7%.

What is General Motors's operating margin?

As of Sep 30, 2026, GM has an operating margin of 2.3%.

What is General Motors's EBITDA margin?

For the period ending Sep 30, 2026, GM recorded an EBITDA margin of 9.9%.

What is General Motors's net margin?

The current net margin for GM is 2.1% as of Sep 30, 2026.

What are the average margins of GM?

The three-year average margins for GM were 9.7% gross, 4.5% operating, 11.6% EBITDA, and 3.4% net.

What are the highest historical margins of GM?

General Motors's highest recorded margins during the past 5 years were 14.1% gross in Dec 2021, 7.3% operating in Dec 2021, 20.3% EBITDA in Dec 2021, and 7.9% net in Dec 2021.

What are the lowest historical margins of GM?

Within the 5-year period, GM recorded its lowest margins at 5.7% gross in Jun 2026, 1% operating in Jun 2026, 9.4% EBITDA in Jun 2026, and 1.1% net in Jun 2026.