How does GM's revenue growth compare to industry peers this year?
5/8/2025 08:10am
General Motors (GM) has shown a positive revenue growth of 2% this year, with total revenues amounting to $44.02 billion as of the end of Q1 2025. While this is a modest increase, it is important to consider it in the context of the automobile industry, which can be volatile due to various factors such as market conditions, economic cycles, and competitive dynamics.
|code|Ticker|Name|Date|Total Revenue|market_code|
|---|---|---|---|---|---|
|FMC|FMC.N|FMC|20240630|1.0384E9|169|
|RYAAY|RYAAY.O|Ryanair Holdings|20240630|5.21357256E9|185|
|GM|GM.N|general motors|20240630|4.7969E10|169|
|NEM|NEM.N|Newmont|20240630|4.402E9|169|
|TM|TM.N|Toyota Motor|20240630|7.65227313906E10|169|
|FMC|FMC.N|FMC|20240930|1.0654E9|169|
|RYAAY|RYAAY.O|Ryanair Holdings|20240930|2.98530194E9|185|
|GM|GM.N|general motors|20240930|4.8757E10|169|
|NEM|NEM.N|Newmont|20240930|4.605E9|169|
|TM|TM.N|Toyota Motor|20240930|8.544631593066E10|169|
When compared to some of its industry peers, GM's revenue growth appears to be relatively robust. For instance, RYAAY has shown a revenue growth of 3% this year, but its total revenues are significantly lower, amounting to $3.06 billion. On the other hand, TM has experienced a slight decline in revenue, with a growth rate of -8%, and FMC has also seen a decrease in revenue by 14%. NEM, on the other hand, has shown a modest increase in revenue, but its growth rate is lower than GM's, at 0.25%.
In summary, GM's revenue growth this year is positive and outperforms several of its industry peers, including RYAAY, TM, and FMC. However, it is important to note that the automobile industry is highly competitive, and companies need to continuously innovate and adapt to changing market conditions to sustain and grow their revenues over time.