4 ms·
Profit margins in automotive are typically single digits. Edit: Added « margins »
by crocal 6y ago
Profit margins in automotive are typically single digits.
Edit: Added « margins »
- bryanlarsen 6y agoProfit margins are single digits yes, but gross margins are typically 20% or so.
- 11thEarlOfMar 6y agoHere's the margins on GM: https://www.macrotrends.net/stocks/charts/GM/general-motors/profit-margins https://www.macrotrends.net/stocks/charts/GM/general-motors/... Gross Margin (profit before fixed expenses): ~8% Net Margin (final profit): 1%
- 11thEarlOfMar 6y agoToyota appears to be 2nd best with ~20%. GM, BMW are suffering <10%, as you point out.
- mbesto 6y agoProfit margins also notoriously can be manipulated. Not all financial statements are created equal. As much as I hate to say this, this is basically why financial analysts who study stocks exist.