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Dec 31, 2024
GM Q4 2024 Earnings Report
GM reported mixed Q4 2024 results with a net loss due to special charges, but EBIT-adjusted showed improvement.
Key Takeaways
General Motors reported a net loss attributable to shareholders of $3.0 billion for Q4 2024, influenced by $5 billion in special charges, including restructuring and Cruise robotaxi business charges. However, EBIT-adjusted was $2.5 billion. The company provided 2025 guidance indicating a year of strong financial performance.
Q4 net loss attributable to shareholders was $3.0 billion.
EBIT-adjusted for Q4 was $2.5 billion.
Special charges of $5 billion impacted Q4 net income.
2025 guidance forecasts strong financial performance.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
GM's 2025 financial guidance assumes a stable policy environment in North America and an estimated benefit of $0.5 billion from reduced year-over-year expenses at Cruise. The financial guidance also includes anticipated capital spending of $10.0 billion - $11.0 billion, inclusive of investments in the company's battery cell manufacturing joint ventures.
Positive Outlook
- Stable policy environment in North America is assumed.
- $0.5 billion benefit from reduced expenses at Cruise.
- Capital spending of $10.0 billion - $11.0 billion is planned.
- Investments in battery cell manufacturing joint ventures are included.
- Guidance indicates a year of strong financial performance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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