GM
GM pulled up with the receipts
General Motors just dropped its 2025 numbers, and the headline is pretty friendly: full-year revenue came in at $185.02 billion, while adjusted EPS of $10.60 topped the $10.39 estimate. Not exactly a “surprise, we’re suddenly a software company” moment — but for an automaker, beating expectations while still moving this much metal is enough to keep the bulls in the showroom.
The forward look is doing some of the heavy lifting
The bigger story for investors is the 2026 guide. GM now sees adjusted diluted EPS of $11 to $13 and adjusted EBIT of $13 billion to $15 billion. That’s the kind of range that says, “We’re not just surviving the EV transition, we’d like a little credit for it, please.” Guidance matters here because the stock can trade like a mood ring when margins, pricing, and demand are all tugging in different directions.
And then came the shareholder candy
GM also authorized a new $6 billion share buyback and boosted its quarterly dividend 20% to $0.18 per share. Translation: management is telling investors it has enough confidence in the cash machine to hand some of it back instead of hoarding every dollar like a dragon on an auto-finance pile.
Why you should care
For shareholders, this is the classic mixed bag that can still feel pretty good:
- earnings beat = business held up better than expected
- guidance = more clarity on the road ahead
- buyback + dividend hike = capital returns got a little more generous
Big picture: GM is still very much an automaker, which means every good quarter comes with a side of macro drama. But if you’re looking for a company that’s trying to reward patience with cash and guidance, this one’s making the case.