General Motors Q1 Report 2024

– General Motors Co. (NYSE: GM) today reported first-quarter 2024 revenue of $43.0 billion, net income attributable to stockholders of $3.0 billion and EBIT-adjusted of $3.9 billion.

Highlights

  • Revenue $ 43,014 
  • Net income attributable to stockholders $ 2,980
  • EBIT-adjusted $ 3,871
  • Net income margin 6.9 %
  • EBIT-adjusted margin 9.0 %
  • Automotive operating cash flow $ 3,598
  • Adjusted automotive free cash flow $ 1,090
  • EPS-diluted(a) $ 2.56

2024 Guidance

  • Net income attributable to stockholders $10.1 billion – $11.5 billion
  • EBIT-adjusted $12.5 billion – $14.5 billion
  • Automotive operating cash flow $18.3 billion – $21.3 billion
  • Adjusted automotive free cash flow $8.5 billion – $10.5 billion
  • EPS-diluted $8.94 – $9.94 
  • EPS-diluted-adjusted $9.00 – $10.00

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