🔹 Net Sales & Rev: $45.29B (Est. $45.37B) 🔴
🔹 Adj. EPS: $2.51 (Est. $2.28) 🟢
🔹 EBIT-adjusted margin: 6.3%
FY Guide:
🔹 Adj. EPS: $11.00–$13.00 (Est. $11.79) 🟢
🔹 EPS: $11.00–$13.00 (Est. $11.83) 🟢
🔹 EBIT-adjusted: $13.0B–$15.0B
🔹 Automotive operating cash flow: $19.0B–$23.0B
🔹 Adjusted automotive free cash flow: $9.0B–$11.0B
🔹 Capital spending: $10.0B–$12.0B
🔸 Sees North American Pricing from Flat to up 0.5%
Other Metrics:
🔸 Special charges (4Q): >$7.2B (EV capacity realignment; policy changes incl. termination of consumer incentives + reduced emissions stringency)
🔹 Shares outstanding (12/31/25): 904M (vs. 995M at end of 2024; 1.2B at end of 2023)
Capital Return:
🔹 Dividend: $0.18/sh (payable March 19, 2026; record date March 6, 2026)
🔸 Share repurchase authorization: $6B
Commentary:
🔸 “For several years now, GM's strong brands and winning vehicles, as well as our technology-driven services and operating discipline, have delivered consistently strong cash generation...”