General Motors (GM) Tops Q4 EPS by 16c, Offers Guidance

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GM Reports 2021 Full-Year and Fourth-Quarter Results, Including Record Earnings

February 1, 2022 4:05 PM EST

DETROIT, Feb. 1, 2022 /PRNewswire/ -- General Motors Co. (NYSE: GM) today reported 2021 full-year earnings that include net income of $10 billion, EBIT-adjusted of $14.3 billion, net income margin of 7.9%, EBIT-adjusted margin of 11.3%, EPS-diluted of $6.70 and EPS-diluted-adjusted of $7.07. GM's full-year net income, EBIT-adjusted, EBIT-adjusted margin and EPS measures are all records.

GM's fourth-quarter results include net income of $1.7 billion, net income margin of 5.2%, EPS-diluted of $1.16, EPS-diluted-adjusted of $1.35, EBIT-adjusted of $2.8 billion and EBIT-adjusted margin of 8.5%.  

The company expects full-year 2022 net income to be in a range of $9.4 billion - $10.8 billion and EBIT-adjusted to be in... More