HMC vs. GM

Last updated Apr 2, 2026

Compare and contrast key facts about Honda Motor Co., Ltd. (HMC) and General Motors Company (GM).

Performance

HMC vs. GM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Honda Motor Co., Ltd. (HMC) and General Motors Company (GM). The values are adjusted to include any dividend payments, if applicable.

HMC vs. GM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HMC Honda Motor Co., Ltd.	-17.54%	8.04%	-5.14%	39.86%	-16.69%	3.61%	2.88%	10.34%	-20.81%	20.02%
GM General Motors Company	-7.50%	54.24%	49.84%	7.92%	-42.36%	40.80%	15.16%	14.02%	-15.06%	22.51%

Fundamentals

Market Cap HMC : $31.70B GM : $69.00B
EPS HMC : $362.44 GM : $3.46
PE Ratio HMC : 0.07 GM : 21.70
PS Ratio HMC : 0.00 GM : 0.39
PB Ratio HMC : 0.00 GM : 1.13
Total Revenue (TTM) HMC : $21.34T GM : $185.02B
Gross Profit (TTM) HMC : $4.39T GM : $11.60B
EBITDA (TTM) HMC : $1.67T GM : $2.91B

Returns By Period

In the year-to-date period, HMC achieves a -17.54% return, which is significantly lower than GM's -7.50% return. Over the past 10 years, HMC has underperformed GM with an annualized return of 2.26%, while GM has yielded a comparatively higher 11.72% annualized return.

HMC

• 1D: 0.00%
• 1M: -17.00%
• YTD: -17.54%
• 6M: -21.15%
• 1Y: -7.39%
• 3Y*: 0.08%
• 5Y*: -1.10%
• 10Y*: 2.26%

GM

• 1D: 0.72%
• 1M: -3.27%
• YTD: -7.50%
• 6M: 22.87%
• 1Y: 60.40%
• 3Y*: 28.28%
• 5Y*: 6.17%
• 10Y*: 11.72%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

HMC vs. GM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HMC

HMC Risk / Return Rank: 28
HMC Sharpe Ratio Rank: 30
HMC Sortino Ratio Rank: 26
HMC Omega Ratio Rank: 26
HMC Calmar Ratio Rank: 32
HMC Martin Ratio Rank: 27

GM

GM Risk / Return Rank: 88
GM Sharpe Ratio Rank: 87
GM Sortino Ratio Rank: 88
GM Omega Ratio Rank: 86
GM Calmar Ratio Rank: 89
GM Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HMC vs. GM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Honda Motor Co., Ltd. (HMC) and General Motors Company (GM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	HMC	GM	Difference
Sharpe ratio Return per unit of total volatility	-0.24	1.75	-1.98
Sortino ratio Return per unit of downside risk	-0.15	2.68	-2.82
Omega ratio Gain probability vs. loss probability	0.98	1.34	-0.36
Calmar ratio Return relative to maximum drawdown	-0.28	3.82	-4.10
Martin ratio Return relative to average drawdown	-0.80	11.43	-12.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HMC vs. GM - Sharpe Ratio Comparison

The current HMC Sharpe Ratio is -0.24, which is lower than the GM Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of HMC and GM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HMC	GM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.24	1.75	-1.98
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.04	0.17	-0.21
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.09	0.32	-0.23
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	0.21	-0.05

Correlation

The correlation between HMC and GM is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

HMC vs. GM - Dividend Comparison

HMC's dividend yield for the trailing twelve months is around 2.80%, more than GM's 0.84% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HMC Honda Motor Co., Ltd.	2.80%	4.67%	3.19%	3.29%	4.00%	3.08%	2.72%	2.90%	2.27%	2.45%	2.87%	2.86%
GM General Motors Company	0.84%	0.70%	0.90%	1.00%	0.54%	0.00%	0.91%	4.15%	4.54%	3.71%	4.36%	4.06%

Drawdowns

HMC vs. GM - Drawdown Comparison

The maximum HMC drawdown since its inception was -90.46%, which is greater than GM's maximum drawdown of -59.96%. Use the drawdown chart below to compare losses from any high point for HMC and GM.

Drawdown Indicators

	HMC	GM	Difference
Max Drawdown Largest peak-to-trough decline	-90.46%	-59.96%	-30.50%
Max Drawdown (1Y) Largest decline over 1 year	-30.71%	-16.00%	-14.71%
Max Drawdown (5Y) Largest decline over 5 years	-35.41%	-58.96%	+23.55%
Max Drawdown (10Y) Largest decline over 10 years	-43.12%	-59.96%	+16.84%
Current Drawdown Current decline from peak	-30.68%	-12.92%	-17.76%
Average Drawdown Average peak-to-trough decline	-36.13%	-21.67%	-14.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.63%	5.35%	+5.28%

Volatility

HMC vs. GM - Volatility Comparison

Honda Motor Co., Ltd. (HMC) has a higher volatility of 9.05% compared to General Motors Company (GM) at 8.04%. This indicates that HMC's price experiences larger fluctuations and is considered to be riskier than GM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HMC	GM	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.05%	8.04%	+1.01%
Volatility (6M) Calculated over the trailing 6-month period	19.07%	25.54%	-6.47%
Volatility (1Y) Calculated over the trailing 1-year period	31.19%	34.79%	-3.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.55%	36.57%	-10.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.40%	36.72%	-11.32%

Financials

HMC vs. GM - Profitability Comparison

The chart below illustrates the profitability comparison between Honda Motor Co., Ltd. and General Motors Company over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

HMC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Honda Motor Co., Ltd. reported a gross profit of 1.10T and revenue of 5.34T. Therefore, the gross margin over that period was 20.6%.

GM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, General Motors Company reported a gross profit of -1.12B and revenue of 45.29B. Therefore, the gross margin over that period was -2.5%.

HMC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Honda Motor Co., Ltd. reported an operating income of 153.36B and revenue of 5.34T, resulting in an operating margin of 2.9%.

GM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, General Motors Company reported an operating income of -3.65B and revenue of 45.29B, resulting in an operating margin of -8.1%.

HMC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Honda Motor Co., Ltd. reported a net income of 153.61B and revenue of 5.34T, resulting in a net margin of 2.9%.

GM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, General Motors Company reported a net income of -2.70B and revenue of 45.29B, resulting in a net margin of -6.0%.