DETROIT –Tuesday, Jan. 31, 2023, at 6:30 a.m. ET
General Motors Co. (NYSE: GM) today reported fourth–quarter 2022 revenue of $43.1 billion,
net income attributable to stockholders of $2.0 billion and EBIT–adjusted of $3.8 billion.
GM’s full–year 2022 revenue was $156.7 billion, net income attributable to stockholders was $9.9 billion
and EBIT–adjusted was a record $14.5 billion. Results were at the high–end of the company’s revised
EBIT–adjusted guidance range.
The company expects its core auto operations to perform at a consistently strong level in 2023, with full–
year net income attributable to stockholders of $8.7 billion–$10.1 billion, EBIT–adjusted of $10.5 billion–
$12.5 billion, and EPS–diluted and EPS–diluted–adjusted of $6.00–$7.00.
GM also expects strong cash flows from automotive operations for the calendar year, including:
• Net automotive cash provided by operating activities of $16.0 billion–$20.0 billion
• Adjusted automotive free cash flow of $5.0 billion–$7.0 billion