PerpEquities

Equity · Consumer cyclical

Is General Motors (GM) tradable as a perp? Not yet

General Motors designs and makes vehicles under brands like Buick, Cadillac, Chevrolet, and GMC, and offers connected services and financing.

Not yet listed on any perp exchange

No perpetual-futures venue lists GM yet. We track it continuously; as soon as the first listing appears, this page becomes a full market page. Until then: fundamentals below and tradable alternatives.

Similar stocks already tradable as perps
RACEMARMELIMEITUANFNKE

Price chart

Interactive TradingView chart

TradingView symbol NYSE:GM

Loads TradingView's third-party widget (about 1 MB) on demand.

Auto: underlying reference priceOpen in TradingView

Company data

Company fundamentals

Updated 3h ago
Market cap
$74.3B
Updated 3h ago
Revenue
$185.5B
Trailing 12 months
Revenue growth
0%
Next fiscal year
Profit margin
+1.0%
P/E
41.1
Peer P/E 29.0
Free cash flow
$16.5B
Trailing 12 months
More metrics
Net income
$1.9B
Trailing 12 months
P/S
0.4
Peer P/E
29.0
Similar listed perps
Revenue estimate
$185.7B
Next fiscal year
Earnings
2026-10-20
Revenue est. $48.7B · Updated 3h ago
Dividend
$0.18
2026-09-04

Fundamental detail

Annual + quarterly
Latest revenue$185B
Net margin+1.5%
Free cash flow$11.1B
Net debt$109.3B
2020$122.5B
2021$127B
2022$156.7B
2023$171.8B
2024$187.4B
2025$185B
PeriodRevenueGrowthNet incomeFCF
2020$122.5B-11%$6.4B-$3.9B
2021$127B+4%$10B-$6.9B
2022$156.7B+23%$9.9B-$5.1B
2023$171.8B+10%$10.1B-$3.7B
2024$187.4B+9%$6B-$6B
2025$185B-1%$2.7B$11.1B
PeriodGross marginOperating marginNet marginROEROA
2020+16.2%+5.4%+5.2%+14.3%+2.7%
2021+20.3%+7.3%+7.9%+16.8%+4.1%
2022+19.6%+6.6%+6.3%+14.7%+3.8%
2023+16.9%+5.4%+5.9%+15.8%+3.7%
2024+17.4%+6.8%+3.2%+9.5%+2.1%
2025+10.9%+1.6%+1.5%+4.4%+1.0%
PeriodCashDebtNet debtCurrent ratio
2020$20B$110.9B$90.9B1.01
2021$20.1B$110.4B$90.3B1.10
2022$19.2B$115.7B$96.5B1.10
2023$18.9B$122.6B$103.8B1.08
2024$19.9B$130.7B$110.8B1.13
2025$20.9B$130.3B$109.3B1.17
PeriodMarket capEnterprise valueP/SP/E
2020$59.7B$150.5B0.59.6
2021$85.1B$175.4B0.78.6
2022$48.6B$145.1B0.35.5
2023$49B$152.8B0.34.9
2024$59.4B$170.2B0.38.3
2025$74.8B$184.1B0.424.4
Q3 2024$48.8B
Q4 2024$47.7B
Q1 2025$44B
Q2 2025$47.1B
Q3 2025$48.6B
Q4 2025$45.3B
Q1 2026$43.6B
Q2 2026$48B
PeriodRevenueGrowthNet incomeFCF
Q3 2024$48.8B+10%$3.1B$862M
Q4 2024$47.7B+11%-$3B-$3.1B
Q1 2025$44B+2%$2.8B$33M
Q2 2025$47.1B-2%$1.9B$392M
Q3 2025$48.6B0%$1.3B$5B
Q4 2025$45.3B-5%-$3.3B$5.7B
Q1 2026$43.6B-1%$2.6B$1.4B
Q2 2026$48B+2%$1.3B$4.4B
PeriodGross marginOperating marginNet marginROEROA
Q3 2024+13.1%+7.5%+6.3%+4.3%+1.1%
Q4 2024+10.2%+3.2%-6.2%-4.7%-1.1%
Q1 2025+12.1%+7.6%+6.3%+4.3%+1.0%
Q2 2025+9.1%+4.5%+4.0%+2.9%+0.7%
Q3 2025+6.4%+2.2%+2.7%+2.0%+0.5%
Q4 2025-2.5%-8.1%-7.3%-5.4%-1.2%
Q1 2026+11.5%+6.7%+6.0%+4.2%+0.9%
Q2 2026+7.6%+3.0%+2.7%+2.1%+0.5%
PeriodCashDebtNet debtCurrent ratio
Q3 2024$23.7B$127.9B$104.1B1.21
Q4 2024$19.9B$130.7B$110.8B1.13
Q1 2025$20.6B$132.7B$112.1B1.21
Q2 2025$22.4B$135.7B$113.4B1.22
Q3 2025$22.9B$132.5B$109.6B1.23
Q4 2025$20.9B$130.3B$109.3B1.17
Q1 2026$19.8B$127.8B$108B1.15
Q2 2026$20.1B$127.7B$107.6B1.14
PeriodMarket capEnterprise valueP/SP/E
Q3 2024$50B$154.1B1.04.1
Q4 2024$59.4B$170.2B1.2-8.6
Q1 2025$46.5B$158.6B1.13.5
Q2 2025$47.4B$160.7B1.06.3
Q3 2025$58.7B$168.3B1.211.1
Q4 2025$74.8B$184.1B1.7-5.6
Q1 2026$68.5B$176.5B1.66.6
Q2 2026$70.9B$178.4B1.513.9

Refreshed 3h ago

Charts: revenue, profit, cash flow & valuation
Revenue$48BQ2 2026
$12.2B$24.4B$36.6B$48.8BQ3 2023: $44.1BQ4 2023: $43BQ1 2024: $43BQ2 2024: $48BQ3 2024: $48.8BQ4 2024: $47.7BQ1 2025: $44BQ2 2025: $47.1BQ3 2025: $48.6BQ4 2025: $45.3BQ1 2026: $43.6BQ2 2026: $48BQ3 2023Q2 2026
Net income$1.3BQ2 2026
-$1.7B-$123M$1.5B$3.1BQ3 2023: $3.1BQ4 2023: $2.1BQ1 2024: $3BQ2 2024: $2.9BQ3 2024: $3.1BQ4 2024: -$3BQ1 2025: $2.8BQ2 2025: $1.9BQ3 2025: $1.3BQ4 2025: -$3.3BQ1 2026: $2.6BQ2 2026: $1.3BQ3 2023Q2 2026
EBITDA$3.4BQ2 2026
$1.8B$3.7B$5.5B$7.3BQ3 2023: $6.7BQ4 2023: $4.5BQ1 2024: $6.7BQ2 2024: $7.3BQ3 2024: $6.8BQ4 2024: $891MQ1 2025: $6.7BQ2 2025: $5.6BQ3 2025: $5.7BQ4 2025: $419MQ1 2026: $3.7BQ2 2026: $3.4BQ3 2023Q2 2026
Free cash flow$4.4BQ2 2026
-$927.8M$1.3B$3.5B$5.7BQ3 2023: $602MQ4 2023: -$49MQ1 2024: -$3.1BQ2 2024: -$646MQ3 2024: $862MQ4 2024: -$3.1BQ1 2025: $33MQ2 2025: $392MQ3 2025: $5BQ4 2025: $5.7BQ1 2026: $1.4BQ2 2026: $4.4BQ3 2023Q2 2026
EPS$1.39Q2 2026
-$1.86-$0.13$1.61$3.35Q3 2023: $2.2Q4 2023: $1.59Q1 2024: $2.56Q2 2024: $2.54Q3 2024: $2.68Q4 2024: -$1.53Q1 2025: $3.35Q2 2025: $1.91Q3 2025: $1.35Q4 2025: -$3.6Q1 2026: $2.84Q2 2026: $1.39Q3 2023Q2 2026
Cash / Debt$20.1BQ2 2026
$33.9B$67.9B$101.8B$135.7BQ3 2023 · Cash: $25.2BQ3 2023 · Debt: $118.9BQ4 2023 · Cash: $18.9BQ4 2023 · Debt: $122.6BQ1 2024 · Cash: $17.6BQ1 2024 · Debt: $122.2BQ2 2024 · Cash: $22.5BQ2 2024 · Debt: $126.4BQ3 2024 · Cash: $23.7BQ3 2024 · Debt: $127.9BQ4 2024 · Cash: $19.9BQ4 2024 · Debt: $130.7BQ1 2025 · Cash: $20.6BQ1 2025 · Debt: $132.7BQ2 2025 · Cash: $22.4BQ2 2025 · Debt: $135.7BQ3 2025 · Cash: $22.9BQ3 2025 · Debt: $132.5BQ4 2025 · Cash: $20.9BQ4 2025 · Debt: $130.3BQ1 2026 · Cash: $19.8BQ1 2026 · Debt: $127.8BQ2 2026 · Cash: $20.1BQ2 2026 · Debt: $127.7BQ3 2023Q2 2026
CashDebt
Profitability+7.6%Q2 2026
-2.6%+2.8%+8.3%+13.7%Q3 2023 · Gross margin: +12.1%Q4 2023 · Gross margin: +7.7%Q1 2024 · Gross margin: +13.7%Q2 2024 · Gross margin: +13.0%Q3 2024 · Gross margin: +13.1%Q4 2024 · Gross margin: +10.2%Q1 2025 · Gross margin: +12.1%Q2 2025 · Gross margin: +9.1%Q3 2025 · Gross margin: +6.4%Q4 2025 · Gross margin: -2.5%Q1 2026 · Gross margin: +11.5%Q2 2026 · Gross margin: +7.6%Q3 2023 · Operating margin: +6.8%Q4 2023 · Operating margin: +2.1%Q1 2024 · Operating margin: +8.7%Q2 2024 · Operating margin: +8.1%Q3 2024 · Operating margin: +7.5%Q4 2024 · Operating margin: +3.2%Q1 2025 · Operating margin: +7.6%Q2 2025 · Operating margin: +4.5%Q3 2025 · Operating margin: +2.2%Q4 2025 · Operating margin: -8.1%Q1 2026 · Operating margin: +6.7%Q2 2026 · Operating margin: +3.0%Q3 2023 · Net margin: +6.9%Q4 2023 · Net margin: +4.9%Q1 2024 · Net margin: +6.9%Q2 2024 · Net margin: +6.1%Q3 2024 · Net margin: +6.3%Q4 2024 · Net margin: -6.2%Q1 2025 · Net margin: +6.3%Q2 2025 · Net margin: +4.0%Q3 2025 · Net margin: +2.7%Q4 2025 · Net margin: -7.3%Q1 2026 · Net margin: +6.0%Q2 2026 · Net margin: +2.7%Q3 2023Q2 2026
Gross marginOperating marginNet margin
Revenue growth+1.9%Q2 2026
-1.1%+3.0%+7.0%+11.0%Q3 2024: +10.5%Q4 2024: +11.0%Q1 2025: +2.3%Q2 2025: -1.8%Q3 2025: -0.3%Q4 2025: -5.1%Q1 2026: -0.9%Q2 2026: +1.9%Q3 2023Q2 2026
Shares outstanding919.4MQ2 2026
344.5M689M1B1.4BQ3 2023: 1.4BQ4 2023: 1.3BQ1 2024: 1.2BQ2 2024: 1.1BQ3 2024: 1.1BQ4 2024: 1.1BQ1 2025: 1BQ2 2025: 976MQ3 2025: 976MQ4 2025: 919.4MQ1 2026: 919.4MQ2 2026: 919.4MQ3 2023Q2 2026
Valuation13.9Q2 2026
-3.02.68.213.9Q3 2023 · P/E: 3.7Q4 2023 · P/E: 5.6Q1 2024 · P/E: 4.4Q2 2024 · P/E: 4.5Q3 2024 · P/E: 4.1Q4 2024 · P/E: -8.6Q1 2025 · P/E: 3.5Q2 2025 · P/E: 6.3Q3 2025 · P/E: 11.1Q4 2025 · P/E: -5.6Q1 2026 · P/E: 6.6Q2 2026 · P/E: 13.9Q3 2023 · P/S: 1.0Q4 2023 · P/S: 1.1Q1 2024 · P/S: 1.2Q2 2024 · P/S: 1.1Q3 2024 · P/S: 1.0Q4 2024 · P/S: 1.2Q1 2025 · P/S: 1.1Q2 2025 · P/S: 1.0Q3 2025 · P/S: 1.2Q4 2025 · P/S: 1.7Q1 2026 · P/S: 1.6Q2 2026 · P/S: 1.5Q3 2023Q2 2026
P/EP/S
Revenue$185B2025
$46.9B$93.7B$140.6B$187.4B2018: $147B2019: $137.2B2020: $122.5B2021: $127B2022: $156.7B2023: $171.8B2024: $187.4B2025: $185B20182025
Net income$2.7B2025
$2.5B$5.1B$7.6B$10.1B2018: $8.1B2019: $6.7B2020: $6.4B2021: $10B2022: $9.9B2023: $10.1B2024: $6B2025: $2.7B20182025
EBITDA$18.4B2025
$6.4B$12.9B$19.3B$25.7B2018: $18.6B2019: $18.2B2020: $19.4B2021: $25.7B2022: $23.9B2023: $23.2B2024: $21.8B2025: $18.4B20182025
Free cash flow$11.1B2025
-$4.9B$416.5M$5.7B$11.1B2018: -$10.2B2019: -$9B2020: -$3.9B2021: -$6.9B2022: -$5.1B2023: -$3.7B2024: -$6B2025: $11.1B20182025
EPS$3.272025
$1.83$3.66$5.49$7.322018: $5.62019: $4.572020: $4.332021: $6.72022: $6.132023: $7.322024: $6.372025: $3.2720182025
Cash / Debt$20.9B2025
$32.7B$65.3B$98B$130.7B2018 · Cash: $20.8B2018 · Debt: $105B2019 · Cash: $19.1B2019 · Debt: $104.3B2020 · Cash: $20B2020 · Debt: $110.9B2021 · Cash: $20.1B2021 · Debt: $110.4B2022 · Cash: $19.2B2022 · Debt: $115.7B2023 · Cash: $18.9B2023 · Debt: $122.6B2024 · Cash: $19.9B2024 · Debt: $130.7B2025 · Cash: $20.9B2025 · Debt: $130.3B20182025
CashDebt
Profitability+10.9%2025
+5.1%+10.1%+15.2%+20.3%2018 · Gross margin: +14.9%2019 · Gross margin: +14.1%2020 · Gross margin: +16.2%2021 · Gross margin: +20.3%2022 · Gross margin: +19.6%2023 · Gross margin: +16.9%2024 · Gross margin: +17.4%2025 · Gross margin: +10.9%2018 · Operating margin: +3.3%2019 · Operating margin: +3.0%2020 · Operating margin: +5.4%2021 · Operating margin: +7.3%2022 · Operating margin: +6.6%2023 · Operating margin: +5.4%2024 · Operating margin: +6.8%2025 · Operating margin: +1.6%2018 · Net margin: +5.5%2019 · Net margin: +4.9%2020 · Net margin: +5.2%2021 · Net margin: +7.9%2022 · Net margin: +6.3%2023 · Net margin: +5.9%2024 · Net margin: +3.2%2025 · Net margin: +1.5%20182025
Gross marginOperating marginNet margin
Revenue growth-1.3%2025
-2.2%+6.3%+14.9%+23.4%2019: -6.7%2020: -10.7%2021: +3.7%2022: +23.4%2023: +9.6%2024: +9.1%2025: -1.3%20182025
Shares outstanding973M2025
367M734M1.1B1.5B2018: 1.4B2019: 1.4B2020: 1.4B2021: 1.5B2022: 1.5B2023: 1.4B2024: 1.1B2025: 973M20182025
Valuation24.42025
6.112.218.324.42018 · P/E: 5.92019 · P/E: 7.92020 · P/E: 9.62021 · P/E: 8.62022 · P/E: 5.52023 · P/E: 4.92024 · P/E: 8.32025 · P/E: 24.42018 · P/S: 0.32019 · P/S: 0.42020 · P/S: 0.52021 · P/S: 0.72022 · P/S: 0.32023 · P/S: 0.32024 · P/S: 0.32025 · P/S: 0.420182025
P/EP/S

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 202613.52$185.7B0%14
FY 202715.24$190B+3%14
FY 202816.73$194.8B+5%6
FY 202919.41$196.6B+6%3
FY 203019.92$206.2B+11%2
Q1 20283.86$46.1B+6%6

Company events

6
2026-10-20EarningsActual - / Estimate 3.68-
2026-09-04Dividend$0.18-
2026-07-21EarningsActual 3.57 / Estimate 3.19Beat
2026-06-05Dividend$0.18-
2026-04-28EarningsActual 3.7 / Estimate 2.61Beat
2026-03-06Dividend$0.18-

Peer comparison

Similar listed perps
NameMarket capP/SP/EProfit marginVenues
RACE$71.5B8.538.3+22.3%1MAR$88.4B3.335.3+9.6%3MELI$90.6B2.648.6+5.3%6MEITUAN$57.6B1.0-9.9-10.1%13F$52.7B0.3-7.1-3.9%1NKE$52.5B1.116.9+6.7%8ABNB$98.7B7.537.6+20.4%5EBAY$49.7B4.122.6+18.5%13

Analyst track record

How the analysts covering GM have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings136432
Analysts2738
Buy / hold / sell112 / 15 / 9290 / 89 / 53
Upgrades / downgrades / initiations10 / 0 / 217 / 12 / 10
Price targets hit / missed42 / 87 (33%)309 / 101 (75%)
Avg. return after a rating (TipRanks)-0.5%+51.9%
Best / worst call+116.6% / -34.4%+246.5% / -34.4%

After buy calls on this stock: median 21-day move +3.8% vs S&P 500 +1.9% (n = 289)

Most accurate on this stock

Share of an analyst's price targets on this stock that the price reached within 12 months (our measurement over the last 3 years, at least 8 targets). It describes past calls, not the odds of the current one.

  1. Tom NarayanRBC Capital100% hit rate on this stock · 18 targets measuredBuytarget $100Aug 11, 2026
  2. Vijay RakeshMizuho Securities100% hit rate on this stock · 15 targets measuredBuytarget $100Jun 28, 2026
  3. Mark DelaneyGoldman Sachs100% hit rate on this stock · 10 targets measuredBuytarget $103Jul 22, 2026

Latest ratings

DateAnalystCallTarget
Sep 14, 2026Joseph SpakUBSBuyReiterated$114article ↗
Aug 19, 2026Colin LanganWells FargoSellMaintained$61.00article ↗
Aug 19, 2026Colin LanganWells FargoSellMaintained$61.00
Aug 11, 2026Tom NarayanRBC CapitalBuyMaintained$100article ↗
Aug 11, 2026Elizabelle PangDBSBuyUpgraded$105article ↗
Consensus over the last 12 months buy hold sell avg. target month-end close
Monthly buy, hold and sell shares of analyst ratings with the average price target and the month-end close$70.00$80.00$90.00$100Oct 25 · Buy 17 · Hold 4 · Sell 2Oct 25Nov 25 · Buy 17 · Hold 3 · Sell 2Dec 25 · Buy 16 · Hold 3 · Sell 2Dec 25Jan 26 · Buy 17 · Hold 4 · Sell 2Feb 26 · Buy 17 · Hold 4 · Sell 1Feb 26Mar 26 · Buy 19 · Hold 3 · Sell 1Apr 26 · Buy 17 · Hold 5 · Sell 1Apr 26May 26 · Buy 18 · Hold 5 · Sell 1Jun 26 · Buy 18 · Hold 5 · Sell 1Jun 26Jul 26 · Buy 19 · Hold 3 · Sell 1Aug 26 · Buy 20 · Hold 2 · Sell 1Aug 26Sep 26 · Buy 20 · Hold 2 · Sell 1Oct 25 · avg. target $69.76Nov 25 · avg. target $71.23Dec 25 · avg. target $76.05Jan 26 · avg. target $88.38Feb 26 · avg. target $92.35Mar 26 · avg. target $92.00Apr 26 · avg. target $94.14May 26 · avg. target $96.43Jun 26 · avg. target $96.48Jul 26 · avg. target $103Aug 26 · avg. target $103Sep 26 · avg. target $104Oct 25 · month-end close $69.09Nov 25 · month-end close $73.52Dec 25 · month-end close $81.32Jan 26 · month-end close $84.00Feb 26 · month-end close $78.71Mar 26 · month-end close $74.50Apr 26 · month-end close $76.89May 26 · month-end close $83.24Jun 26 · month-end close $77.08Jul 26 · month-end close $88.86Aug 26 · month-end close $86.32Sep 26 · month-end close $86.62

Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.

TipRanks data via FMP · computed Sep 18, 2026 · 136 ratings