GM REPORTS RECORD FULL-YEAR EARNINGS PER SHARE

DETROIT — General Motors Co. (NYSE: GM) today announced record full-year 2016 results driven by strong retail demand for full-size trucks and SUVs in the United States, continued industry growth in China and effective cost performance across the globe.

Full-year 2016 Records:

  • EBIT-adjusted of $12.5 billion, up 15.9 percent
  • EBIT-adjusted margin of 7.5 percent, up 0.4 percentage points
  • EPS-diluted of $6.00, up 1.5 percent
  • EPS-diluted-adjusted of $6.12, up 21.9 percent
  • Revenue of $166.4 billion, up 9.2 percent
  • Automotive-adjusted free cash flow of $6.9 billion, up $4.7 billion
  • North America EBIT-adjusted of $12.0 billion.

Fourth-quarter 2016 Records:

  • Revenue of $43.9 billion, up 10.8 percent
  • ROIC-adjusted of 28.9 percent, up from 27.2 percent

Based on GM North America’s 2016 financial performance, approximately 52,000 eligible GM U.S. hourly employees will receive up to a maximum profit sharing payout of $12,000.

Investor analyst conference call
GM Chairman and CEO Mary Barra and Executive Vice President and CFO Chuck Stevens will host a conference call for investor analysts at 10 a.m. EST today to discuss fourth-quarter business results. The call will include introductory remarks followed by a question and answer session for analysts. Journalists who wish to listen to the call can dial in using the following numbers:

United States:       1-888-808-8618
International:        +1-949-484-0645
Name of Call:        GM Earnings Call

(Note: All comparisons are year-over-year versus CY 2015 or Q4 2015)



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