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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.
GM
GM
GM Revenue by Segment
GM Revenue by Geographic Location
Revenue by Segment
GM North America Revenue
CapyFin.comGM International Revenue
CapyFin.comCruise Revenue
CapyFin.comGM Financial Revenue
CapyFin.comRevenue by Geographic Location
China Revenue
CapyFin.com 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