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GE Aerospace GE SPX

Industrials · Aerospace & Defense · United States
https://www.geaerospace.com

General Electric Company, doing business as GE Aerospace, designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and aircraft systems. The company operates through two segments, Commercial Engines & Services, and Defense & Propulsion Technologies. The Commercial Engines & Services segment designs, develops, manufactures, maintenance, repair, and overhaul (MRO) services of jet engines and sale of spare parts for commercial airframes, business aviation, and aeroderivative applications. The Defense & Propulsion Technologies designs, develops, manufactures, and services jet engines and avionics and power systems for governments, militaries, and commercial airframers, as well as MRO of engines and the sale of spare parts. This segment also offers aircraft components and systems, such as small turboprop engines, aeroengine mechanical transmissions, turbines, combustors and controls, additive manufacturing, propeller systems, ignition systems, sensors and engine accessories for fixed wing and rotorcraft applications for commercial and military end users under the Avio Aero, Unison, Dowty Propellers, and Colibrium Additive brands. The company operates in the United States, Europe, Asia, the Americas, the Middle East, and Africa. General Electric Company was incorporated in 1892 and is based in Evendale, Ohio.

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$323.76
+32.35% 1Y

Market & Price

Market Cap
$338.27B
Current Price
$323.76
High / Low (52W)
$345.24 / $234.51
Beta
1.35

Valuation

Stock P/E
40.17
Industry PE
28.38
Forward P/E
37.31
PEG Ratio
7.72
Book Value
$17.81
Price to Book
18.18
P/S
7.00
EV/EBITDA
31.60
Dividend Yield
0.58%

Profitability & Returns

ROCE
11.89%
ROE
45.43%
ROA
4.85%
Profit Margin
17.86%
Op Margin
20.21%
EPS (Latest Qtr)
$1.81
EPS (TTM)
$8.06

Balance Sheet & Liquidity

Debt/Equity
1.17
Quick Ratio
0.65
Current Ratio
1.01
Debt
$21.32B
Total Assets
$130.17B
Current Assets
$40.59B
Working Capital
$1.61B

Ownership

Promoter Holding
0.30%
Chg in Prom Hold
-
FII / Inst Holding
80.96%
Chg in FII Hold
0.00%

Financial Snapshot

Enterprise Value
$348.77B
Total Revenue (TTM)
$48.31B
EBITDA
$11.04B
Free Cash Flow
$5.67B
Operating Cash Flow
$8.85B
Shares Outstanding
1.04B
Gross Margin
31.15%
Payout Ratio
19.25%

Growth (CAGR)

Revenue 5Y
16.32%
Profit 5Y
195.89%
Revenue (YoY)
24.70%
Earnings (YoY)
-1.80%

PROS

  • Strong return on equity of 45.4%.
  • Compounding revenue at 16.3% over 5 years.
  • Profit CAGR of 195.9% over 5 years.
  • Generates positive free cash flow.

CONS

  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 GE GE Aerospace SPX 323.76 40.17 $338.27B 0.58% 11.89% 45.43% 16.32% 195.89%
2 CAT Caterpillar Inc. SPX 875.87 43.66 $403.42B 0.69% 19.42% 51.33% 4.38% 9.83%
3 GEV GE Vernova Inc. SPXAI 968.32 28.33 $260.21B 0.21% 6.30% 75.71% 8.68% 92.84%
4 RTX RTX Corporation SPX 179.66 33.64 $241.95B 1.54% 9.41% 11.57% 9.72% 9.01%
5 UNP Union Pacific Corporation SPX 262.64 21.60 $155.93B 2.10% 16.19% 40.69% -0.49% 0.66%
6 ETN Eaton Corporation plc SPXAI 400.60 39.20 $155.55B 1.10% 16.23% 20.84% 9.77% 18.41%
7 HON Honeywell International Inc. NDXSPX 237.86 38.00 $150.72B 2.00% 13.57% 24.26% 1.82% -1.62%
8 DE Deere & Company SPX 542.18 30.67 $146.45B 1.20% 12.82% 18.35% -4.50% -11.00%
9 LMT Lockheed Martin Corporation SPX 530.45 25.71 $122.30B 2.60% 19.29% 67.64% 4.38% -4.34%
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Quarterly Results

Figures in USD.

Metric Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue ---------------18.79B16.05B17.87B20.26B16.32B17.47B17.81B19.49B11.91B13.36B13.83B16.05B7.04B7.91B8.46B8.55B8.08B8.22B--9.93B11.02B12.18B12.72B12.39B
Cost of Revenue -----------------------------------6.70B7.54B8.26B8.91B8.55B
Gross Profit 6.19B6.39B7.03B--------------------------------3.24B3.48B3.92B3.80B3.85B
Operating Expenses -----------------------------------1.24B1.38B1.61B1.53B1.52B
Operating Income -----------------------------------2.00B2.10B2.31B2.27B2.32B
EBITDA -----------------------------------2.75B2.86B3.04B3.41B2.90B
Interest Expense -----------------------------------210.00M158.00M225.00M250.00M395.00M
Pretax Income -----------------------------------2.25B2.39B2.52B2.85B2.20B
Tax Provision -----------------------------------283.00M388.00M344.00M390.00M252.00M
Net Income 2.91B2.03B3.67B-83.00M1.06B1.36B-10.82B-1.15B800.00M-22.77B761.00M3.59B127.00M-9.42B728.00M6.20B-1.99B-1.14B2.64B-2.80B-1.13B1.26B-3.84B-1.14B-882.00M161.00M2.20B7.51B33.00M352.00M1.59B1.54B1.27B--1.98B2.03B2.16B2.54B1.90B
Diluted EPS 0.300.220.39-0.010.100.15-1.27-0.140.07-2.620.070.40-0.01-1.080.065.61-2.12-1.092.19-2.61-1.081.08-3.55-1.08-0.860.081.906.71-0.020.241.441.401.15--1.831.892.022.401.81
R&D Expense ---------------723.00M611.00M595.00M-561.00M604.00M627.00M-403.00M439.00M426.00M-431.00M239.00M247.00M-270.00M300.00M331.00M-359.00M359.00M415.00M-440.00M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue ---------110.17B110.97B113.54B---29.14B35.35B38.70B45.85B
Cost of Revenue ---------------21.58B25.82B26.74B31.42B
Gross Profit ---------------7.56B9.52B11.96B14.44B
Operating Expenses ---------------3.96B4.81B5.20B5.76B
Operating Income 25.61B21.85B15.61B17.25B20.65B22.89B---------3.60B4.72B6.76B8.68B
EBITDA ---------------4.04B12.65B9.79B12.06B
Interest Expense ---------------1.34B1.03B986.00M843.00M
Pretax Income ---------------1.52B10.44B7.62B10.00B
Tax Provision ---------------169.00M994.00M962.00M1.41B
Net Income 22.21B17.41B11.03B11.64B14.15B13.64B13.06B15.23B-6.13B7.50B-8.48B-22.36B-4.98B5.70B-336.00M9.48B6.56B8.70B
Diluted EPS 2.171.721.011.061.231.291.271.50-0.610.75-1.03-2.62-4.994.63-0.058.365.998.14
R&D Expense -3.11B3.29B3.94B4.60B5.20B5.46B5.27B5.28B5.44B5.50B3.42B3.12B2.56B1.68B808.00M1.01B1.29B1.58B

Compounded Sales Growth

5 Years:16.32%
1 Year:24.70%

Compounded Profit Growth

5 Years:195.89%
1 Year:-1.80%

Stock Price Performance

1 Year:+32.35%
6 Months:+10.62%
3 Months:-5.27%
1 Month:+14.17%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2006Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --797.77B781.95B748.49B718.00B685.00B663.25B653.93B493.07B359.12B369.25B311.07B265.18B256.21B-188.85B173.30B123.14B130.17B
Current Assets ----------------58.38B42.56B37.63B40.59B
Cash & Equivalents -15.73B48.11B70.48B78.94B84.50B---70.48B48.13B43.30B----15.81B15.20B13.62B12.39B
Inventory ----------------14.89B8.28B9.76B11.87B
Receivables ----------------14.83B6.40B7.38B9.27B
Total Liabilities --684.16B656.76B623.60B600.05B556.53B519.78B518.02B389.96B284.67B292.36B259.59B235.32B219.14B-153.94B144.69B103.58B111.27B
Current Liabilities -------------78.86B54.61B-49.43B32.10B34.39B38.98B
Long Term Debt ----------------20.32B19.42B17.23B18.81B
Total Debt ----------------26.15B20.52B19.27B20.50B
Total Equity 111.51B115.56B104.67B117.29B118.94B116.44B123.03B130.57B128.16B98.27B70.16B56.03B30.98B28.32B35.55B-33.70B27.40B19.34B18.68B
Shares Outstanding ----------------1.46B1.46B1.46B1.05B

Cash Flows (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 43.32B48.65B24.42B36.12B33.36B31.33B28.51B27.71B19.89B1.16B6.55B4.98B8.73B3.57B-5.92B5.19B4.71B8.54B
Investing Cash Flow -69.50B-34.77B42.38B32.44B19.88B11.30B29.12B-5.03B59.49B49.13B5.38B18.28B8.98B16.67B-2.27B3.97B-1.67B-1.15B
Financing Cash Flow 27.94B19.14B-43.51B-61.59B-46.86B-51.07B-45.58B-16.96B-76.05B-90.46B-18.48B-31.81B-16.13B-19.85B--5.58B-8.61B-6.73B-8.68B
Capital Expenditure -17.80B-16.01B-8.64B-9.80B-12.64B-15.12B-6.75B-7.13B-7.31B-7.20B-6.64B-6.63B-2.22B-1.58B--662.00M-862.00M-1.03B-1.27B
Free Cash Flow 25.52B32.64B15.78B26.32B20.72B16.21B21.76B20.57B12.58B-6.04B-88.00M-1.65B6.52B1.99B-5.25B4.33B3.68B7.26B
Net Change in Cash ----------------2.27B-3.22B-5.01B-2.42B
Share Buybacks ------5.00B-10.22B-2.21B-2.71B-22.58B----107.00M1.05B1.23B5.83B7.55B

Ratios (Annual)

Figures in %.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % ---------------25.9%26.9%30.9%31.5%
Operating Margin % ---------------12.3%13.3%17.5%18.9%
Net Margin % ---------6.8%-7.6%-19.7%---1.2%26.8%16.9%19.0%
ROE % 19.2%16.6%9.4%9.8%12.2%11.1%10.0%11.9%-6.2%10.7%-15.1%-72.2%-17.6%16.0%-1.0%34.6%33.9%46.6%
ROCE % ---------------2.6%3.3%7.6%9.5%

Shareholding Pattern

Insiders
0.30%
Institutions
80.96%
Public Float
81.20%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 8.70% 90.74M $29.38B
2 Vanguard Capital Management LLC 6.37% 66.43M $21.51B
3 FMR, LLC 4.95% 51.63M $16.71B
4 TCI Fund Management Ltd 4.55% 47.51M $15.38B
5 State Street Corporation 4.35% 45.34M $14.68B
6 Capital Research Global Investors 3.33% 34.72M $11.24B
7 Geode Capital Management, LLC 2.43% 25.37M $8.21B
8 Price (T.Rowe) Associates Inc 2.29% 23.91M $7.74B
9 Capital International Investors 1.84% 19.22M $6.22B
10 Vanguard Portfolio Management LLC 1.55% 16.15M $5.23B

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