General Historical Income Statement
| 0R0E Stock | 52.70 0.90 1.74% |
Historical analysis of General Motors income statement accounts such as Interest Income of 1.7 B, Interest Expense of 0.0 or Selling General Administrative of 6.5 B can show how well General Motors Co performed in making a profits. Evaluating General Motors income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of General Motors's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining General Motors latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether General Motors is a good buy for the upcoming year.
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About General Income Statement Analysis
General Motors Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to General Motors shareholders. The income statement also shows General investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
General Motors Income Statement Chart
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on General Motors income statement and is an important metric when analyzing General Motors profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in General Motors financial statement analysis. It represents the amount of money remaining after all of General Motors Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from General Motors' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into General Motors current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in General Motors Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy General Stock please use our How to Invest in General Motors guide.At this time, General Motors' Interest Income is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 95.5 B in 2024, whereas Tax Provision is likely to drop slightly above 1.6 B in 2024.
| 2020 | 2021 | 2023 | 2024 (projected) | Interest Income | 366M | 1.5B | 1.3B | 1.7B | Tax Provision | 1.8B | 2.8B | 2.5B | 1.6B |
General Motors income statement Correlations
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General Motors Account Relationship Matchups
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High Negative Relationship
General Motors income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Tax Provision | 674M | 769M | 1.8B | 2.8B | 2.5B | 1.6B | |
| Interest Income | 4.1B | 1.2B | 366M | 1.5B | 1.3B | 1.7B | |
| Selling General Administrative | 9.7B | 8.5B | 5.6B | 7.4B | 6.6B | 6.5B | |
| Total Revenue | 147.0B | 137.2B | 122.5B | 127.0B | 114.3B | 108.7B | |
| Gross Profit | 14.1B | 14.0B | 15.2B | 21.3B | 24.5B | 18.2B | |
| Operating Income | 4.4B | 5.5B | 6.6B | 9.3B | 10.7B | 7.6B | |
| Cost Of Revenue | 133.0B | 123.3B | 107.3B | 105.7B | 95.2B | 95.5B | |
| Income Before Tax | 8.5B | 7.4B | 8.1B | 12.7B | 14.6B | 10.7B | |
| Net Income Applicable To Common Shares | 6.6B | 6.2B | 9.8B | 8.9B | 10.3B | 6.5B | |
| Net Income | 8.0B | 6.7B | 6.4B | 10.0B | 11.5B | 6.0B | |
| Ebit | 6.4B | 8.6B | 11.4B | 12.0B | 13.8B | 9.8B | |
| Income Tax Expense | 769M | 1.8B | 2.8B | 1.9B | 2.2B | 1.7B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for General Stock Analysis
When running General Motors' price analysis, check to measure General Motors' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy General Motors is operating at the current time. Most of General Motors' value examination focuses on studying past and present price action to predict the probability of General Motors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move General Motors' price. Additionally, you may evaluate how the addition of General Motors to your portfolios can decrease your overall portfolio volatility.