通用汽车General Motors (GM) 2025年第四季度及全年业绩公告「NYSE」(英文版)(17页).pdf

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通用汽车General Motors (GM) 2025年第四季度及全年业绩公告「NYSE」(英文版)(17页).pdf

1、For Release:Tuesday,January 27,2026,at 6:30 a.m.ETGM releases 2025 financial results and 2026 guidance;Board declares dividend at 20%higher quarterly rate,and approves new$6.0 billion share repurchase authorization DETROIT General Motors(NYSE:GM)today reported full-year 2025 net income attributable

2、to stockholders of$2.7 billion and EBIT-adjusted of$12.7 billion.Fourth-quarter 2025 net income attributable to stockholders was a loss of$3.3 billion and EBIT-adjusted was$2.8 billion.Fourth-quarter net income was reduced by more than$7.2 billion in special charges driven primarily by a realignment

3、 of electric vehicle capacity and investments to adjust to expected declines in consumer demand for EVs,and in response to U.S.Government policy changes including the termination of consumer incentives and the reduction in the stringency of emissions regulations.The chart below summarizes GMs 2025 f

4、inancial guidance and 2025 results,as well as the companys 2026 guidance,which is for a year of strong financial performance.Final 2025 Guidance2025 Results2026 GuidanceNet income attributable to stockholders$7.7 billion-$8.3 billion$2.7 billion$10.3 billion-$11.7 billionEBIT-adjusted$12.0 billion-$

5、13.0 billion$12.7 billion$13.0 billion-$15.0 billionAutomotive operating cash flow$19.2 billion-$21.2 billion$18.7 billion$19.0 billion-$23.0 billionAdjusted automotive free cash flow$10.0 billion-$11.0 billion$10.6 billion$9.0 billion-$11.0 billionEPS-diluted$8.30-$9.05$3.27$11.00-$13.00EPS-diluted

6、-adjusted$9.75-$10.50$10.60$11.00-$13.00GMs 2026 financial guidance also includes anticipated capital spending of$10.0 billion-$12.0 billion,inclusive of the companys battery cell manufacturing joint ventures.Higher quarterly dividend rate and share repurchase authorizationGM announced today that it

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