General Motors Company (GM) - Net Assets
Based on the latest financial reports, General Motors Company (GM) has net assets worth $68.40 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($288.17 Billion) and total liabilities ($219.77 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check General Motors Company asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $68.40 Billion |
| % of Total Assets | 23.74% |
| Annual Growth Rate | 3.19% |
| 5-Year Change | 32.03% |
| 10-Year Change | 62.66% |
| Growth Volatility | 63.67 |
General Motors Company - Net Assets Trend (2000–2024)
This chart illustrates how General Motors Company's net assets have evolved over time, based on quarterly financial data. Also explore GM asset base for the complete picture of this company's asset base.
Annual Net Assets for General Motors Company (2000–2024)
The table below shows the annual net assets of General Motors Company from 2000 to 2024. For live valuation and market cap data, see General Motors Company stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $65.59 Billion | -3.98% |
| 2023-12-31 | $68.31 Billion | -5.50% |
| 2022-12-31 | $72.28 Billion | +9.83% |
| 2021-12-31 | $65.81 Billion | +32.49% |
| 2020-12-31 | $49.68 Billion | +8.09% |
| 2019-12-31 | $45.96 Billion | +7.43% |
| 2018-12-31 | $42.78 Billion | +18.17% |
| 2017-12-31 | $36.20 Billion | -17.87% |
| 2016-12-31 | $44.08 Billion | +9.30% |
| 2015-12-31 | $40.32 Billion | +11.93% |
| 2014-12-31 | $36.02 Billion | -16.56% |
| 2013-12-31 | $43.17 Billion | +16.69% |
| 2012-12-31 | $37.00 Billion | -5.11% |
| 2011-12-31 | $38.99 Billion | +4.93% |
| 2010-12-31 | $37.16 Billion | +69.24% |
| 2009-12-31 | $21.96 Billion | +125.81% |
| 2008-12-31 | $-85.08 Billion | -139.79% |
| 2007-12-31 | $-35.48 Billion | -734.63% |
| 2006-12-31 | $-4.25 Billion | -127.19% |
| 2005-12-31 | $15.64 Billion | -43.67% |
| 2004-12-31 | $27.76 Billion | +8.53% |
| 2003-12-31 | $25.57 Billion | +234.40% |
| 2002-12-31 | $7.65 Billion | -62.61% |
| 2001-12-31 | $20.45 Billion | -33.77% |
| 2000-12-31 | $30.88 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to General Motors Company's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 555.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $53.47 Billion | 84.78% |
| Common Stock | $10.00 Million | 0.02% |
| Other Comprehensive Income | $-11.25 Billion | -17.84% |
| Other Components | $20.84 Billion | 33.05% |
| Total Equity | $63.07 Billion | 100.00% |
General Motors Company Competitors by Market Cap
The table below lists competitors of General Motors Company ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nippon Telegraph and Telephone Corporation
F:NLV
|
$67.23 Billion |
|
Canadian National Railway Co
TO:CNR
|
$67.31 Billion |
|
Cintas Corporation
NASDAQ:CTAS
|
$67.83 Billion |
|
Vale S.A.
SA:VALE3
|
$68.00 Billion |
|
Warner Bros Discovery Inc
NASDAQ:WBD
|
$66.91 Billion |
|
Schlumberger NV
NYSE:SLB
|
$66.89 Billion |
|
Aon PLC
NYSE:AON
|
$66.82 Billion |
|
NETEASE INC. O.N.
F:4Y01
|
$66.02 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in General Motors Company's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 64,286,000,000 to 63,072,000,000, a change of -1,214,000,000 (-1.9%).
- Net income of 6,008,000,000 contributed positively to equity growth.
- Dividend payments of 653,000,000 reduced retained earnings.
- Share repurchases of 7,064,000,000 reduced equity.
- Other comprehensive income decreased equity by 1,006,000,000.
- Other factors increased equity by 1,501,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.01 Billion | +9.53% |
| Dividends Paid | $653.00 Million | -1.04% |
| Share Repurchases | $7.06 Billion | -11.2% |
| Other Comprehensive Income | $-1.01 Billion | -1.6% |
| Other Changes | $1.50 Billion | +2.38% |
| Total Change | $- | -1.89% |
Book Value vs Market Value Analysis
This analysis compares General Motors Company's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.36x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | $-147.77 | $75.77 | x |
| 2009-12-31 | $22.97 | $75.77 | x |
| 2010-12-31 | $22.28 | $75.77 | x |
| 2011-12-31 | $22.85 | $75.77 | x |
| 2012-12-31 | $21.64 | $75.77 | x |
| 2013-12-31 | $25.42 | $75.77 | x |
| 2014-12-31 | $21.02 | $75.77 | x |
| 2015-12-31 | $24.31 | $75.77 | x |
| 2016-12-31 | $27.92 | $75.77 | x |
| 2017-12-31 | $23.46 | $75.77 | x |
| 2018-12-31 | $27.16 | $75.77 | x |
| 2019-12-31 | $29.04 | $75.77 | x |
| 2020-12-31 | $31.23 | $75.77 | x |
| 2021-12-31 | $40.70 | $75.77 | x |
| 2022-12-31 | $46.62 | $75.77 | x |
| 2023-12-31 | $46.96 | $75.77 | x |
| 2024-12-31 | $55.87 | $75.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently General Motors Company utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.53%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.21%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 4.44x
- Recent ROE (9.53%) is below the historical average (35.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 14.75% | 2.47% | 0.60x | 10.04x | $1.43 Billion |
| 2001 | 3.05% | 0.34% | 0.54x | 16.44x | $-1.37 Billion |
| 2002 | 25.48% | 0.94% | 0.50x | 54.41x | $1.05 Billion |
| 2003 | 16.08% | 2.23% | 0.41x | 17.75x | $1.54 Billion |
| 2004 | 10.25% | 1.47% | 0.40x | 17.54x | $68.00 Million |
| 2008 | 0.00% | -20.77% | 1.64x | 0.00x | $-22.39 Billion |
| 2009 | 493.30% | 100.22% | 0.77x | 6.41x | $102.70 Billion |
| 2010 | 17.06% | 4.55% | 0.98x | 3.84x | $2.55 Billion |
| 2011 | 24.11% | 6.12% | 1.04x | 3.79x | $5.38 Billion |
| 2012 | 17.07% | 4.06% | 1.02x | 4.12x | $2.56 Billion |
| 2013 | 12.55% | 3.44% | 0.93x | 3.90x | $1.09 Billion |
| 2014 | 11.14% | 2.53% | 0.88x | 5.01x | $403.30 Million |
| 2015 | 24.30% | 6.36% | 0.78x | 4.88x | $5.70 Billion |
| 2016 | 21.51% | 5.67% | 0.75x | 5.06x | $5.04 Billion |
| 2017 | -11.04% | -2.65% | 0.69x | 6.07x | $-7.36 Billion |
| 2018 | 20.62% | 5.45% | 0.65x | 5.85x | $4.13 Billion |
| 2019 | 16.11% | 4.91% | 0.60x | 5.46x | $2.55 Billion |
| 2020 | 14.27% | 5.25% | 0.52x | 5.22x | $1.92 Billion |
| 2021 | 16.77% | 7.89% | 0.52x | 4.10x | $4.04 Billion |
| 2022 | 14.65% | 6.34% | 0.59x | 3.89x | $3.15 Billion |
| 2023 | 15.59% | 5.83% | 0.63x | 4.25x | $3.59 Billion |
| 2024 | 9.53% | 3.21% | 0.67x | 4.44x | $-299.20 Million |
Industry Comparison
This section compares General Motors Company's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $742,053,600
- Average return on equity (ROE) among peers: -1417.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| General Motors Company (GM) | $68.40 Billion | 14.75% | 3.21x | $66.96 Billion |
| Thunder Power Holdings, Inc. (AIEV) | $6.52 Million | -38.36% | 1.08x | $710.14K |
| Robo.ai Inc. (AIIO) | $10.17K | -145.77% | 13.28x | $157.60 Million |
| Arrival (ARVLF) | $221.31 Million | 0.01% | 0.04x | $1.84K |
| AYRO Inc (AYRO) | $68.94K | -12821.26% | 39.30x | $4.47 Million |
| Bollinger Innovations, Inc. (BINI) | $4.06 Million | -335.26% | 4.74x | $40.49K |
| Cenntro Electric Group Ltd (CENN) | $263.77 Million | -6.23% | 0.10x | $9.80 Million |
| Chijet Motor Company, Inc. Ordinary Shares (CJET) | $112.03 Million | -26.70% | 6.22x | $3.81 Million |
| China Yuchai International Limited (CYD) | $6.79 Billion | 16.65% | 1.39x | $1.50 Billion |
| Digital Currency X Technology Inc. (DCX) | $16.13 Million | -479.02% | 39.53x | $2.99 Million |
| Damon Inc. Common Stock (DMN) | $10.70 Million | -343.46% | 0.40x | $2.94 Million |
About General Motors Company
General Motors Company designs, builds, and sells trucks, crossovers, cars, and automobile parts worldwide. The company operates through GM North America, GM International, Cruise, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Baojun, and Wuling brand names. In addition, the company sells trucks, crossovers, cars, and automobile parts thro… Read more