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General Motors vs VinFast Auto: revenue, profit, margins and growth compared

General Motors brought in $185B of revenue in fiscal 2025, VinFast Auto $1.8B in fiscal 2024. Revenue changed by -1.3% at General Motors and +54.7% at VinFast Auto on the year before, so VinFast Auto grew faster. General Motors kept 1.5% of its revenue as net profit, VinFast Auto -175.5%. Free cash flow was $17.6B at General Motors and -$1.9B at VinFast Auto.

Side by side, latest fiscal year

GMVFS
Fiscal year endedFY2025 (December 31, 2025)FY2024 (December 31, 2024)
Revenue$185B$1.8B
Revenue growth-1.3%+54.7%
Net income$2.7B-$3.2B
Net margin1.5%-175.5%
Free cash flow$17.6B-$1.9B
Free cash flow margin9.5%-107.1%
Earnings per share (diluted)$3.27-$1.40
Cash$20.9B$135.9M
Debtn/a$939.5M
Price to earnings25.3n/a
Market value$72.5B$7.4B
Dividend yield0.69%n/a
Rank by revenue in sector#2 of 451 · Industrials#228 of 451 · Industrials

Over the years

Revenue
GM FY2018: $147BGM FY2019: $137.2BGM FY2020: $122.5BGM FY2021: $127BGM FY2022: $156.7BGM FY2023: $171.8BGM FY2024: $187.4BGM FY2025: $185BVFS FY2023: $1.2BVFS FY2024: $1.8BFY18FY19FY20FY21FY22FY23FY24FY25
GM $185BVFS $1.8B
Net income
GM FY2018: $8BGM FY2019: $6.7BGM FY2020: $6.4BGM FY2021: $10BGM FY2022: $9.9BGM FY2023: $10.1BGM FY2024: $6BGM FY2025: $2.7BVFS FY2023: -$2.4BVFS FY2024: -$3.2BFY18FY19FY20FY21FY22FY23FY24FY25
GM $2.7BVFS -$3.2B
Net margin
GM FY2018: 5.4%GM FY2019: 4.9%GM FY2020: 5.2%GM FY2021: 7.9%GM FY2022: 6.3%GM FY2023: 5.9%GM FY2024: 3.2%GM FY2025: 1.5%VFS FY2023: -205.5%VFS FY2024: -175.5%FY18FY19FY20FY21FY22FY23FY24FY25
GM 1.5%VFS -175.5%
Revenue growth
GM FY2019: -6.7%GM FY2020: -10.7%GM FY2021: +3.7%GM FY2022: +23.4%GM FY2023: +9.6%GM FY2024: +9.1%GM FY2025: -1.3%VFS FY2024: +54.7%FY19FY20FY21FY22FY23FY24FY25
GM -1.3%VFS +54.7%
Free cash flow
GM FY2018: $6.5BGM FY2019: $7.4BGM FY2020: $11.4BGM FY2021: $7.7BGM FY2022: $6.8BGM FY2023: $10BGM FY2024: $9.3BGM FY2025: $17.6BVFS FY2023: -$3.3BVFS FY2024: -$1.9BFY18FY19FY20FY21FY22FY23FY24FY25
GM $17.6BVFS -$1.9B

Fiscal years as each company reports them; the two may end in different months.

Questions about General Motors and VinFast Auto

Which is bigger by revenue, General Motors or VinFast Auto?

General Motors is bigger by revenue: $185B in fiscal 2025, against $1.8B for VinFast Auto in fiscal 2024.

Which keeps more of its revenue as profit, General Motors or VinFast Auto?

General Motors had a net margin of 1.5% in fiscal 2025; VinFast Auto had -175.5% in fiscal 2024.

Which grew revenue faster, General Motors or VinFast Auto?

In their latest fiscal years revenue changed by -1.3% at General Motors and +54.7% at VinFast Auto.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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