GE Aerospace (GE) Financials

$275.17 -0.83 (-0.30%)

As of 01:39 PM Eastern

Annual Income Statements for GE Aerospace

This table shows GE Aerospace's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	15,233	-6,145	6,845	-8,920	-22,802	-5,439	5,230	-12,910	48	9,188	6,556
Consolidated Net Income / (Loss)	15,345	-5,795	7,211	-8,849	-22,443	-4,912	5,546	-6,408	403	9,445	6,566
Net Income / (Loss) Continuing Operations	9,490	1,700	8,165	-8,537	-21,080	-606	6,457	-4,939	1,353	9,448	6,657
Total Pre-Tax Income	10,263	8,186	7,031	-11,345	-20,987	-54	5,970	-5,695	1,522	10,441	7,620
Total Operating Income	12,987	11,649	7,917	-8,772	-18,542	650	-3,056	-6,602	2,050	4,753	6,341
Total Gross Profit	33,480	34,693	31,817	23,686	27,609	25,369	17,962	13,091	10,152	12,409	14,394
Total Revenue	117,184	117,386	119,469	99,279	97,012	90,221	75,833	56,469	29,139	35,348	38,702
Operating Revenue	116,406	115,158	119,468	99,279	97,012	90,221	75,834	56,469	29,139	35,348	38,702
Total Cost of Revenue	83,704	82,693	87,652	75,593	69,403	64,852	57,871	43,378	18,987	22,939	24,308
Operating Cost of Revenue	83,704	82,693	87,652	75,593	69,498	64,852	57,871	43,378	18,987	22,939	24,308
Total Operating Expenses	20,493	23,044	23,900	32,458	46,151	24,719	21,019	19,693	8,102	7,656	8,053
Selling, General & Admin Expense	16,848	17,831	18,738	15,317	14,643	17,276	12,628	8,177	3,672	4,045	4,437
Research & Development Expense	-	-	-	-	3,415	3,118	2,565	1,682	808	1,011	1,286
Other Operating Expenses / (Income)	3,645	5,213	5,162	14,591	25,303	2,839	4,949	9,834	3,622	2,600	2,079
Impairment Charge	-	-	0.00	2,550	-	1,486	877	-	0.00	0.00	251
Total Other Income / (Expense), net	-2,723	-3,463	-885	-2,572	-2,445	-704	9,027	906	-528	5,689	1,278
Interest Expense	2,723	3,463	5,025	4,655	4,766	3,183	2,369	1,790	1,339	1,029	986
Other Income / (Expense), net	-	-	4,140	2,083	2,321	2,479	11,396	2,696	811	6,718	2,264
Income Tax Expense	773	6,485	-1,133	-2,808	93	552	-487	-757	169	994	962
Net Income / (Loss) Discontinued Operations	5,855	-7,495	-954	-312	-1,363	-4,306	-911	-1,469	-949	-3.00	-91
Net Income / (Loss) Attributable to Noncontrolling Interest	112	332	-289	-365	-89	66	-158	-188	69	-38	11
Basic Earnings per Share	$1.51	($0.62)	$0.76	($1.03)	($2.62)	($4.99)	$4.63	($10.62)	$1.02	$16.85	$6.04
Weighted Average Basic Shares Outstanding	10.06B	9.33B	8.74B	8.24B	8.53B	8.74B	8.77B	1.10B	1.09B	1.09B	1.07B
Diluted Earnings per Share	$1.50	($0.61)	$0.75	($1.03)	($2.62)	($4.99)	$4.63	($6.00)	$0.05	$8.36	$5.99
Weighted Average Diluted Shares Outstanding	10.06B	9.33B	8.74B	8.24B	8.53B	8.74B	8.77B	1.10B	1.09B	1.09B	1.07B
Weighted Average Basic & Diluted Shares Outstanding	10.06B	9.33B	8.74B	8.24B	8.53B	8.74B	8.77B	1.10B	1.09B	1.09B	1.07B
Cash Dividends to Common per Share	$0.89	$0.92	$0.93	$0.84	$0.37	$0.04	$0.04	$0.32	$0.32	$0.32	$1.12

This table shows GE Aerospace's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Net Income / (Loss) Attributable to Common Shareholders	2,097	7,360	-25	261	1,592	1,539	1,266	1,852	1,901	1,978	2,028
Consolidated Net Income / (Loss)	2,209	7,478	37	338	1,592	1,565	1,268	1,842	1,893	1,972	2,021
Net Income / (Loss) Continuing Operations	3,934	6,221	1,256	307	1,664	1,744	1,322	1,695	2,091	1,962	2,000
Total Pre-Tax Income	3,900	6,492	1,509	333	2,107	1,987	1,447	1,893	2,414	2,245	2,389
Total Operating Income	2,297	680	1,262	1,449	1,362	1,244	1,757	1,123	2,424	2,154	2,250
Total Gross Profit	713	3,757	3,063	3,310	2,279	3,209	3,519	3,616	2,826	3,940	4,177
Total Revenue	-12,133	14,486	8,755	9,302	2,805	8,955	9,094	9,842	3,713	9,935	11,023
Operating Revenue	-12,134	14,485	8,754	9,302	2,807	8,955	9,093	9,842	3,714	9,934	11,022
Total Cost of Revenue	-12,846	10,729	5,692	5,992	526	5,746	5,575	6,226	887	5,995	6,846
Operating Cost of Revenue	-12,846	10,729	5,692	5,992	526	5,746	5,575	6,226	887	5,995	6,846
Total Operating Expenses	-1,583	3,077	1,801	1,861	917	1,965	1,762	2,493	402	1,786	1,927
Selling, General & Admin Expense	-2,836	2,142	913	1,001	-11	1,026	924	1,330	-86	876	1,020
Research & Development Expense	-460	431	239	247	94	270	300	331	148	359	359
Other Operating Expenses / (Income)	2,131	299	486	466	1,349	410	463	581	770	500	501
Restructuring Charge	-	205	163	147	-	259	75	-	-	51	47
Total Other Income / (Expense), net	1,601	5,812	247	-1,115	745	744	-311	770	-12	92	140
Interest Expense	210	269	249	270	241	263	248	251	209	210	158
Other Income / (Expense), net	1,811	6,081	496	-845	986	1,007	-63	1,021	197	302	298
Income Tax Expense	-34	271	253	26	444	244	125	198	321	283	388
Net Income / (Loss) Discontinued Operations	-1,723	1,257	-1,218	31	-73	-178	-54	147	-198	10	21
Net Income / (Loss) Attributable to Noncontrolling Interest	18	-27	4.00	-14	-1.00	27	2.00	-20	2.00	-5.00	-7.00
Basic Earnings per Share	$1.93	$6.76	($0.02)	$0.24	$1.46	$1.41	$1.16	$3.28	$1.77	$1.85	$1.91
Weighted Average Basic Shares Outstanding	1.09B	1.09B	1.09B	1.09B	1.09B	1.09B	1.08B	1.08B	1.07B	1.07B	1.06B
Diluted Earnings per Share	$1.93	$6.71	($0.02)	$0.24	$1.46	$1.40	$1.15	$1.70	$1.77	$1.83	$1.89
Weighted Average Diluted Shares Outstanding	1.09B	1.09B	1.09B	1.09B	1.09B	1.09B	1.08B	1.08B	1.07B	1.07B	1.06B
Weighted Average Basic & Diluted Shares Outstanding	1.09B	1.09B	1.09B	1.09B	1.09B	1.09B	1.08B	1.08B	1.07B	1.07B	1.06B
Cash Dividends to Common per Share	$0.17	$0.08	$0.08	$0.08	$0.08	$0.00	$0.56	$0.28	$0.29	$0.36	$0.36

This table details how cash moves in and out of GE Aerospace's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	2,227	3,325	-41,315	-6,551	-9,176	1,529	532	-20,750	2,232	664	-3,875
Net Cash From Operating Activities	27,709	19,891	1,160	6,554	4,978	8,734	3,568	3,481	5,917	5,189	4,710
Net Cash From Continuing Operating Activities	16,033	11,856	7,503	5,840	3,210	8,838	1,025	-850	4,027	4,609	5,817
Net Income / (Loss) Continuing Operations	9,378	1,700	8,165	-8,537	-21,080	-606	6,457	-4,939	1,352	9,448	6,657
Consolidated Net Income / (Loss)	15,233	-5,795	7,211	-8,849	-22,443	-4,912	5,546	-6,408	403	9,445	6,566
Net Income / (Loss) Discontinued Operations	5,855	-7,495	-954	-312	-1,363	-4,306	-911	-1,469	-949	-3.00	-91
Depreciation Expense	4,953	4,847	4,997	4,332	4,419	2,018	2,128	1,622	846	797	834
Amortization Expense	-	-	2,073	1,862	2,163	1,523	1,336	738	338	382	350
Non-Cash Adjustments To Reconcile Net Income	0.00	-	-1,241	481	24,114	5,490	-5,944	5,580	448	-6,648	-493
Changes in Operating Assets and Liabilities, net	1,701	5,257	-6,489	7,702	-6,405	416	-2,954	-3,852	1,042	631	-1,532
Net Cash From Discontinued Operating Activities	11,676	8,034	-6,343	714	1,768	-104	2,543	4,332	1,889	580	-1,107
Net Cash From Investing Activities	-5,034	59,488	49,135	5,379	18,280	8,977	16,671	21,379	2,270	3,967	-1,666
Net Cash From Continuing Investing Activities	19,229	61,613	62,566	6,728	18,925	12,197	19,297	25,822	10,369	7,693	-556
Purchase of Property, Plant & Equipment	-7,134	-8,087	-7,948	-7,096	-6,947	-2,498	-1,730	-1,113	-662	-862	-1,032
Acquisitions	-2,091	-12,027	-2,271	-2,722	-1.00	-68	-85	-69	-30	-41	-135
Purchase of Investments	-	-	-	-	-	-1,600	-1,352	-1,290	-876	-986	-963
Sale of Property, Plant & Equipment	2,923	3,020	4,424	5,530	4,093	379	203	151	153	60	114
Divestitures	862	81,898	65,247	4,672	8,425	9,247	417	26,501	4,717	9,004	5,250
Other Investing Activities, net	24,670	-3,192	3,113	6,343	10,791	6,737	21,842	1,641	7,068	519	-3,790
Net Cash From Discontinued Investing Activities	-24,263	-2,125	-13,431	-1,349	-645	-3,220	-2,626	-4,443	-8,099	-3,726	-1,110
Net Cash From Financing Activities	-16,956	-76,054	-90,464	-18,484	-31,806	-16,133	-19,852	-45,397	-5,585	-8,613	-6,726
Net Cash From Continuing Financing Activities	-40,912	-69,547	-91,253	-23,927	-27,345	-15,686	-19,762	-45,256	-13,540	-10,511	-6,628
Repayment of Debt	-45,471	-73,102	-62,510	-25,305	-25,990	-17,223	-34,112	-37,737	-12,046	-2,894	206
Repurchase of Preferred Equity	-	-	-	-	-	-	-	0.00	-144	-5,795	0.00
Repurchase of Common Equity	-1,218	-1,099	-21,429	-2,550	-	-	-28	-107	-1,048	-1,233	-5,827
Payment of Dividends	-8,852	-9,295	-8,806	-8,650	-4,474	-649	-648	-575	-639	-589	-1,008
Issuance of Debt	14,629	13,951	1,492	12,578	3,120	2,185	15,028	359	0.00	0.00	0.00
Other Financing Activities, net	-	-	-	-	-	-	-	-7,196	338	0.00	0.00
Net Cash From Discontinued Financing Activities	23,956	-6,507	789	5,443	-4,462	-446	-90	-140	7,955	1,899	-98
Effect of Exchange Rate Changes	-3,492	-	-	-	-628	-	145	-	-369	120	-193
Cash Interest Paid	9,539	-	5,779	4,211	4,508	4,101	2,976	2,536	1,561	1,067	969

This table details how cash moves in and out of GE Aerospace's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Net Change in Cash & Equivalents	4,973	-5,220	960	282	4,642	1,534	-6,342	1,625	-692	-1,008	-1,390
Net Cash From Operating Activities	4,500	-259	485	1,823	3,140	994	913	1,508	1,297	1,509	2,246
Net Cash From Continuing Operating Activities	3,648	155	1,409	1,790	1,255	1,629	1,562	1,913	1,318	1,543	2,348
Net Income / (Loss) Continuing Operations	3,933	6,221	1,744	307	1,176	1,743	1,516	1,696	1,896	1,962	2,000
Consolidated Net Income / (Loss)	2,209	7,478	40	339	1,588	1,565	1,270	1,843	1,890	1,972	2,021
Net Income / (Loss) Discontinued Operations	-1,724	1,257	-1,704	32	412	-178	-246	147	-6.00	10	21
Depreciation Expense	-284	367	27	198	205	202	23	224	209	210	218
Amortization Expense	-855	140	44	94	104	88	27	89	89	89	93
Non-Cash Adjustments To Reconcile Net Income	-1,832	-6,026	-173	233	-682	-605	444	-123	-97	79	159
Changes in Operating Assets and Liabilities, net	2,684	-546	-235	961	451	201	-449	29	-782	-796	-123
Net Cash From Discontinued Operating Activities	851	-413	-925	34	1,884	-635	-649	-405	-21	-33	-103
Net Cash From Investing Activities	678	-1,796	1,625	2,453	1,685	806	-4,286	1,491	321	-317	-535
Net Cash From Continuing Investing Activities	8,296	1,273	1,008	2,598	2,814	-1,106	-2,756	1,089	342	-320	-614
Purchase of Property, Plant & Equipment	139	-298	-92	-222	-250	-204	-78	-266	-267	-208	-327
Acquisitions	-	-	-	-	-	0.00	-	-126	-9.00	-100	-254
Purchase of Investments	313	-1,556	175	141	254	-1,141	176	267	-265	99	262
Sale of Property, Plant & Equipment	-4.00	7.00	41	6.00	6.00	38	46	15	12	10	15
Other Investing Activities, net	7,203	1,096	-1,355	-60	838	-2,408	-2,900	-270	-300	-121	-309
Net Cash From Discontinued Investing Activities	-7,618	-3,068	616	-145	-1,129	1,911	-1,529	401	-20	3.00	79
Net Cash From Financing Activities	-458	-3,232	-1,162	-3,824	-395	-204	-2,888	-1,459	-2,175	-2,284	-3,206
Net Cash From Continuing Financing Activities	-8,502	-5,230	-1,119	-3,814	-348	-105	-2,790	-1,459	-2,175	-2,284	-3,206
Repayment of Debt	-8,255	-1,727	-581	-614	28	316	-185	386	-200	-17	-1,100
Repurchase of Common Equity	-360	-309	-323	-313	-288	-322	-2,301	-1,536	-1,668	-1,965	-1,745
Payment of Dividends	-184	-203	-147	-151	-88	-86	-308	-308	-306	-302	-386
Issuance of Debt	-	9.00	-69	60	-	-14	2.00	1.00	-3.00	0.00	25
Effect of Exchange Rate Changes	-	65	14	-	-	-61	-82	85	-135	84	104

This table presents GE Aerospace's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	654,954	493,071	365,183	369,245	311,072	265,177	256,211	198,874	188,851	173,300	123,140
Total Current Assets	166,162	291,778	171,873	142,928	107,922	103,096	84,853	66,348	58,384	42,556	37,635
Cash & Equivalents	70,025	70,483	48,129	43,967	31,124	35,811	36,530	15,770	15,810	15,204	13,619
Short-Term Investments	35,505	31,973	44,313	38,696	33,508	9,888	7,319	12,297	7,609	5,706	982
Accounts Receivable	23,237	33,804	30,020	24,209	14,645	16,568	16,691	15,620	14,831	8,703	9,327
Inventories, net	17,689	22,515	22,354	19,419	13,803	17,215	15,890	15,847	14,891	8,284	9,763
Other Current Assets	6,261	-	-	6,301	7,143	22,536	8,423	6,814	3,867	4,119	3,944
Plant, Property, & Equipment, net	48,070	54,095	50,518	53,874	43,611	45,879	16,699	15,609	12,192	7,246	7,277
Total Noncurrent Assets	440,723	147,199	226,247	172,441	159,539	116,202	154,659	116,917	118,275	123,499	78,229
Long-Term Investments	0.00	-	24,677	0.00	0.00	38,632	42,549	42,209	36,027	38,000	37,741
Goodwill	53,207	65,526	70,438	83,968	33,974	26,734	25,524	26,182	12,999	8,948	8,538
Intangible Assets	13,182	17,797	16,436	20,273	12,178	10,653	9,671	9,330	6,105	4,642	4,257
Noncurrent Deferred & Refundable Income Taxes	6,183	3,105	1,833	8,819	12,117	9,889	14,253	10,855	10,001	7,502	7,111
Other Noncurrent Operating Assets	41,796	57,953	52,338	49,305	35,788	19,619	21,913	25,164	21,253	16,480	18,741
Other Noncurrent Nonoperating Assets	326,355	2,818	1,745	10,076	65,482	4,109	40,749	3,177	31,890	47,927	1,841
Total Liabilities & Shareholders' Equity	654,954	493,071	365,183	369,245	311,072	265,177	256,211	198,874	188,851	173,300	123,140
Total Liabilities	518,023	389,961	284,668	292,355	259,591	235,316	219,138	157,262	153,938	144,695	103,576
Total Current Liabilities	111,669	151,567	85,738	79,296	60,451	78,865	54,613	51,953	49,428	32,103	34,392
Short-Term Debt	70,425	49,860	30,714	24,036	12,776	23,641	4,713	4,361	3,739	1,108	2,039
Accounts Payable	12,067	13,680	14,435	15,172	13,826	17,357	16,458	16,243	15,399	7,516	7,909
Accrued Expenses	26,860	39,373	34,324	39,036	18,983	-	18,371	17,372	16,216	14,499	16,048
Other Current Liabilities	-	-	-	-	14,866	19,479	15,071	13,977	12,130	8,601	8,395
Total Noncurrent Liabilities	406,354	238,393	198,931	213,059	199,142	156,450	164,525	105,308	104,511	112,593	69,184
Long-Term Debt	190,999	147,742	105,497	110,555	90,824	67,241	70,189	30,824	20,320	19,417	17,234
Noncurrent Deferred & Payable Income Tax Liabilities	-	-	-	-	-	-	1,801	-	-	-	1,013
Noncurrent Employee Benefit Liabilities	42,238	40,487	43,780	41,630	31,928	31,687	29,677	21,202	10,400	7,656	7,035
Other Noncurrent Operating Liabilities	43,943	49,303	48,998	58,920	56,401	55,764	56,972	50,406	47,908	45,332	42,585
Other Noncurrent Nonoperating Liabilities	129,174	861	656	1,954	19,989	203	5,886	887	24,474	39,213	1,317
Total Equity & Noncontrolling Interests	136,833	100,138	77,491	73,498	51,481	29,861	37,073	41,612	34,912	28,605	19,564
Total Preferred & Common Equity	128,159	98,274	75,828	56,030	30,981	28,316	35,552	40,310	33,696	27,403	19,342
Total Common Equity	128,158	98,267	75,821	56,026	30,976	28,310	35,546	40,305	33,690	27,404	19,342
Common Stock	33,591	38,315	37,926	38,086	36,206	35,107	35,009	34,706	34,188	26,977	24,281
Retained Earnings	155,333	140,020	139,532	117,245	93,109	87,732	92,247	85,110	82,983	86,553	80,488
Treasury Stock	-42,593	-63,539	-83,038	-84,902	-83,925	-82,797	-81,961	-81,093	-81,209	-79,976	-81,566
Accumulated Other Comprehensive Income / (Loss)	-18,173	-16,529	-18,599	-14,403	-14,414	-11,732	-9,749	1,582	-2,272	-6,150	-3,861
Noncontrolling Interest	8,674	1,864	1,663	17,468	20,500	1,545	1,522	1,302	1,216	1,202	223

This table presents GE Aerospace's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Total Assets	188,851	164,472	163,006	156,662	173,300	163,942	123,190	126,698	123,140	124,123	125,256
Total Current Assets	58,384	60,286	60,213	56,434	42,556	59,589	37,352	38,649	37,635	37,575	37,801
Cash & Equivalents	15,810	12,001	12,766	13,127	15,204	18,447	12,107	13,724	13,619	12,405	10,861
Short-Term Investments	7,609	12,814	10,885	7,054	5,706	3,737	3,338	2,232	982	1,000	998
Accounts Receivable	14,831	14,212	14,767	14,546	8,703	15,100	8,370	8,936	9,327	9,653	10,512
Inventories, net	14,891	16,198	16,789	17,020	8,284	17,603	9,469	9,718	9,763	10,504	11,297
Other Current Assets	3,867	3,708	3,675	3,313	4,119	3,197	3,929	4,040	3,944	4,013	4,132
Plant, Property, & Equipment, net	12,192	12,170	12,374	12,203	7,246	12,345	7,095	7,254	7,277	7,426	7,523
Total Noncurrent Assets	118,275	92,015	90,418	88,024	123,499	92,007	78,743	80,795	78,229	79,122	79,931
Long-Term Investments	36,027	38,262	37,392	35,528	38,000	38,705	38,129	39,514	37,741	38,010	37,887
Goodwill	12,999	13,107	13,345	13,177	8,948	13,304	8,859	8,754	8,538	8,696	9,006
Intangible Assets	6,105	5,990	5,954	5,790	4,642	5,547	4,394	4,371	4,257	4,277	4,336
Noncurrent Deferred & Refundable Income Taxes	10,001	10,344	10,354	10,235	7,502	10,316	7,338	7,491	7,111	6,956	6,890
Other Noncurrent Operating Assets	21,253	21,519	21,612	21,734	16,480	22,426	18,206	18,659	18,741	19,288	19,805
Other Noncurrent Nonoperating Assets	31,890	2,793	1,761	1,560	47,927	1,709	1,817	2,006	1,841	1,895	2,007
Total Liabilities & Shareholders' Equity	188,851	164,472	163,006	156,662	173,300	163,942	123,190	126,698	123,140	124,123	125,256
Total Liabilities	153,938	131,649	130,638	126,830	144,695	132,838	104,347	107,595	103,576	104,654	105,911
Total Current Liabilities	49,428	48,177	48,108	48,164	32,103	51,087	32,750	34,093	34,392	34,941	36,466
Short-Term Debt	3,739	2,262	1,882	1,334	1,108	1,032	1,700	1,681	2,039	2,084	1,889
Accounts Payable	15,399	15,063	15,515	15,785	7,516	15,184	7,707	7,829	7,909	8,625	9,495
Accrued Expenses	16,216	16,586	17,142	17,185	14,499	20,718	15,136	15,524	16,048	16,466	16,764
Other Current Liabilities	12,130	12,313	11,620	12,026	8,601	12,342	8,145	9,059	8,395	7,766	8,318
Total Noncurrent Liabilities	104,511	83,473	82,530	78,664	112,593	81,750	71,597	73,503	69,184	69,714	69,445
Long-Term Debt	20,320	20,159	19,900	19,488	19,417	19,493	17,973	18,240	17,234	17,487	16,998
Noncurrent Deferred Revenue	1,409	1,500	1,384	1,337	975	1,297	-	-	1,013	1,054	1,040
Noncurrent Employee Benefit Liabilities	10,400	10,244	9,941	9,718	7,656	11,002	7,248	7,169	7,035	6,872	6,796
Other Noncurrent Operating Liabilities	47,908	50,019	49,740	47,009	45,332	48,789	43,749	45,794	42,585	42,962	43,249
Other Noncurrent Nonoperating Liabilities	24,474	1,551	1,565	1,112	39,213	1,169	1,667	1,328	1,317	1,339	1,362
Total Equity & Noncontrolling Interests	34,912	32,823	32,368	29,832	28,605	31,104	18,843	19,102	19,564	19,468	19,345
Total Preferred & Common Equity	33,696	31,652	31,194	28,665	27,403	29,855	18,598	18,874	19,342	19,251	19,135
Total Common Equity	33,690	31,648	31,192	28,666	27,404	29,856	18,598	18,874	19,342	19,251	19,135
Common Stock	34,188	30,744	30,441	27,244	26,977	25,902	25,297	24,421	24,281	23,927	23,854
Retained Earnings	82,983	84,955	84,848	85,017	86,553	88,065	77,349	78,889	80,488	82,081	83,726
Treasury Stock	-81,209	-80,762	-80,524	-80,244	-79,976	-78,508	-80,013	-80,061	-81,566	-83,024	-84,421
Accumulated Other Comprehensive Income / (Loss)	-2,272	-3,289	-3,573	-3,351	-6,150	-5,603	-4,035	-4,375	-3,861	-3,733	-4,024
Noncontrolling Interest	1,216	1,171	1,174	1,167	1,202	1,248	245	229	223	217	210

This table displays calculated financial ratios and metrics derived from GE Aerospace's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	3.48%	0.17%	1.77%	-16.90%	-2.28%	-7.00%	-15.95%	-25.54%	-48.40%	21.31%	9.49%
EBITDA Growth	4.47%	-8.05%	15.95%	-102.59%	-1,847.27%	169.20%	76.97%	-113.10%	361.64%	212.73%	-22.62%
EBIT Growth	8.50%	-10.30%	3.50%	-155.48%	-142.50%	119.29%	166.54%	-146.83%	173.25%	300.94%	-24.98%
NOPAT Growth	15.84%	-79.84%	279.77%	-166.80%	-111.38%	103.51%	-826.44%	-39.82%	139.43%	135.98%	28.83%
Net Income Growth	14.90%	-137.76%	224.43%	-222.72%	-153.62%	78.11%	212.91%	-215.54%	106.29%	2,243.67%	-30.48%
EPS Growth	18.11%	-140.67%	222.95%	-237.33%	-154.37%	78.11%	212.91%	-215.54%	106.29%	2,243.67%	-28.35%
Operating Cash Flow Growth	-2.81%	-28.21%	-94.17%	465.00%	-24.05%	75.45%	-59.15%	-2.44%	69.98%	-12.30%	-9.23%
Free Cash Flow Firm Growth	467.51%	-109.38%	-70.29%	213.20%	40.14%	-79.78%	198.25%	-147.13%	173.75%	16.86%	-94.16%
Invested Capital Growth	-70.99%	26.58%	39.85%	-29.80%	-63.08%	-27.69%	-128.57%	145.57%	-273.04%	-154.75%	24.81%
Revenue Q/Q Growth	11.08%	14.23%	-4.04%	-14.05%	4.34%	5.34%	-0.31%	-24.61%	-33.55%	73.19%	2.40%
EBITDA Q/Q Growth	97.93%	39.56%	4.96%	-111.32%	57.68%	-25.55%	39.96%	-118.25%	183.03%	-2.41%	2.75%
EBIT Q/Q Growth	80.53%	63.31%	-9.27%	-856.94%	43.36%	-4.75%	30.68%	-171.60%	139.17%	-13.30%	3.28%
NOPAT Q/Q Growth	102.47%	1,392.07%	-34.42%	-392.36%	36.93%	-96.63%	-3.81%	-902.29%	135.94%	-21.06%	23.24%
Net Income Q/Q Growth	14.77%	15.50%	-36.09%	-303.29%	34.33%	-2.89%	52.87%	-5,778.90%	107.37%	-6.13%	4.80%
EPS Q/Q Growth	13.64%	16.44%	-33.63%	-314.58%	33.67%	-2.89%	52.87%	-5,778.90%	107.37%	-6.13%	3.81%
Operating Cash Flow Q/Q Growth	0.42%	-19.18%	-76.19%	10.62%	6,719.18%	-17.60%	-46.27%	-23.12%	48.00%	-20.77%	-28.12%
Free Cash Flow Firm Q/Q Growth	987.85%	-113.61%	-128.19%	126.26%	-9.07%	-82.94%	506.08%	-164.71%	177.89%	-22.05%	-94.50%
Invested Capital Q/Q Growth	-69.13%	-13.84%	1,038.76%	-35.02%	-53.47%	-5.65%	-137.27%	266.55%	-176.57%	-269.99%	18.09%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	28.57%	29.55%	26.63%	23.86%	28.46%	28.12%	23.69%	23.18%	34.84%	35.11%	37.19%
EBITDA Margin	15.31%	14.05%	16.01%	-0.50%	-9.94%	7.39%	15.57%	-2.74%	13.88%	35.79%	25.29%
Operating Margin	11.08%	9.92%	6.63%	-8.84%	-19.11%	0.72%	-4.03%	-11.69%	7.04%	13.45%	16.38%
EBIT Margin	11.08%	9.92%	10.09%	-6.74%	-16.72%	3.47%	11.00%	-6.92%	9.82%	32.45%	22.23%
Profit (Net Income) Margin	13.09%	-4.94%	6.04%	-8.91%	-23.13%	-5.44%	7.31%	-11.35%	1.38%	26.72%	16.97%
Tax Burden Percent	149.52%	-70.79%	102.56%	78.00%	106.94%	9,096.30%	92.90%	112.52%	26.48%	90.46%	86.17%
Interest Burden Percent	79.03%	70.27%	58.31%	169.61%	129.38%	-1.73%	71.58%	145.80%	53.20%	91.02%	88.55%
Effective Tax Rate	7.53%	79.22%	-16.11%	0.00%	0.00%	0.00%	-8.16%	0.00%	11.10%	9.52%	12.62%
Return on Invested Capital (ROIC)	5.51%	2.18%	6.18%	-4.16%	-15.57%	1.17%	-28.47%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	9.63%	93.09%	2.70%	-8.09%	-64.95%	277.61%	-68.97%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	5.70%	-7.01%	1.67%	-7.08%	-19.39%	-13.25%	45.04%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	11.21%	-4.83%	7.85%	-11.24%	-34.97%	-12.08%	16.57%	-16.29%	1.05%	29.74%	27.26%
Cash Return on Invested Capital (CROIC)	115.57%	-21.28%	-27.05%	30.85%	76.56%	33.32%	0.00%	-428.62%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	1.98%	2.03%	2.81%	-1.82%	-4.77%	1.09%	3.20%	-1.72%	1.48%	6.33%	5.81%
Return on Assets (ROA)	2.34%	-1.01%	1.68%	-2.41%	-6.60%	-1.70%	2.13%	-2.82%	0.21%	5.22%	4.43%
Return on Common Equity (ROCE)	14.85%	-4.55%	7.45%	-9.42%	-23.70%	-8.80%	15.81%	-15.70%	1.02%	28.61%	26.46%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-5.90%	9.51%	-15.79%	-72.44%	-17.35%	15.60%	-15.90%	1.20%	34.47%	33.95%
Net Operating Profit after Tax (NOPAT)	12,009	2,421	9,193	-6,140	-12,979	455	-3,305	-4,621	1,822	4,301	5,540
NOPAT Margin	10.25%	2.06%	7.69%	-6.19%	-13.38%	0.50%	-4.36%	-8.18%	6.25%	12.17%	14.32%
Net Nonoperating Expense Percent (NNEP)	-4.12%	-90.91%	3.48%	3.93%	49.38%	-276.44%	40.50%	-4.27%	-3.57%	11.50%	2.54%
Return On Investment Capital (ROIC_SIMPLE)	3.02%	0.81%	4.30%	-2.95%	-8.37%	0.38%	-2.95%	-6.02%	3.09%	8.75%	14.27%
Cost of Revenue to Revenue	71.43%	70.45%	73.37%	76.14%	71.54%	71.88%	76.31%	76.82%	65.16%	64.89%	62.81%
SG&A Expenses to Revenue	14.38%	15.19%	15.68%	15.43%	15.09%	19.15%	16.65%	14.48%	12.60%	11.44%	11.46%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	3.52%	3.46%	3.38%	2.98%	2.77%	2.86%	3.32%
Operating Expenses to Revenue	17.49%	19.63%	20.01%	32.69%	47.57%	27.40%	27.72%	34.87%	27.80%	21.66%	20.81%
Earnings before Interest and Taxes (EBIT)	12,987	11,649	12,057	-6,689	-16,221	3,129	8,340	-3,906	2,861	11,471	8,605
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	17,940	16,496	19,127	-495	-9,639	6,670	11,804	-1,546	4,045	12,650	9,789
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.63	2.73	3.24	2.46	1.99	3.36	2.61	2.53	2.69	5.03	9.32
Price to Tangible Book Value (P/TBV)	3.38	17.98	0.00	0.00	0.00	0.00	264.49	21.31	6.21	9.97	27.52
Price to Revenue (P/Rev)	1.78	2.29	2.06	1.39	0.64	1.05	1.22	1.81	3.11	3.90	4.66
Price to Earnings (P/E)	13.71	0.00	35.94	0.00	0.00	0.00	17.75	0.00	1,885.68	14.99	27.48
Dividend Yield	4.28%	3.46%	3.34%	5.29%	5.22%	0.37%	0.38%	0.34%	0.39%	0.25%	0.67%
Earnings Yield	7.29%	0.00%	2.78%	0.00%	0.00%	0.00%	5.63%	0.00%	0.05%	6.67%	3.64%
Enterprise Value to Invested Capital (EV/IC)	3.81	2.97	1.56	1.73	2.69	3.18	0.00	16.15	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	3.19	3.14	2.26	2.12	1.25	1.14	1.09	1.21	1.93	2.84	3.81
Enterprise Value to EBITDA (EV/EBITDA)	20.82	22.35	14.11	0.00	0.00	15.48	7.02	0.00	13.93	7.95	15.05
Enterprise Value to EBIT (EV/EBIT)	28.76	31.65	22.38	0.00	0.00	33.00	9.94	0.00	19.70	8.77	17.12
Enterprise Value to NOPAT (EV/NOPAT)	31.10	152.33	29.35	0.00	0.00	226.95	0.00	0.00	30.92	23.38	26.59
Enterprise Value to Operating Cash Flow (EV/OCF)	13.48	18.54	232.60	32.11	24.32	11.82	23.23	19.63	9.52	19.38	31.28
Enterprise Value to Free Cash Flow (EV/FCFF)	1.48	0.00	0.00	4.62	1.90	8.00	2.15	0.00	4.21	6.43	161.47
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.91	1.92	1.69	1.75	2.01	3.04	2.02	0.85	0.69	0.72	0.99
Long-Term Debt to Equity	1.39	1.43	1.31	1.44	1.76	2.25	1.89	0.74	0.58	0.68	0.88
Financial Leverage	0.59	-0.08	0.62	0.88	0.30	-0.05	-0.65	-1.06	-1.04	-1.41	-1.68
Leverage Ratio	4.79	4.78	4.67	4.67	5.30	7.08	7.79	5.78	5.07	5.70	6.15
Compound Leverage Factor	3.79	3.36	2.73	7.91	6.86	-0.12	5.58	8.43	2.70	5.19	5.45
Debt to Total Capital	65.63%	65.71%	62.85%	63.64%	66.80%	75.27%	66.89%	45.82%	40.80%	41.78%	49.63%
Short-Term Debt to Total Capital	17.68%	16.58%	14.17%	11.37%	8.24%	19.58%	4.21%	5.68%	6.34%	2.26%	5.25%
Long-Term Debt to Total Capital	47.95%	49.13%	48.68%	52.28%	58.57%	55.69%	62.68%	40.14%	34.46%	39.52%	44.38%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.01%	0.01%	0.01%	0.00%	0.00%
Noncontrolling Interests to Total Capital	2.20%	1.61%	2.16%	9.86%	13.22%	1.28%	1.36%	1.70%	2.06%	2.45%	0.57%
Common Equity to Total Capital	32.17%	32.68%	34.98%	26.49%	19.97%	23.45%	31.74%	52.48%	57.13%	55.78%	49.80%
Debt to EBITDA	14.57	11.98	7.12	-271.90	-10.75	13.63	6.35	-22.76	5.95	1.62	1.97
Net Debt to EBITDA	8.69	5.77	1.00	-104.91	-4.04	0.98	-0.97	22.70	-8.75	-3.03	-3.38
Long-Term Debt to EBITDA	10.65	8.96	5.52	-223.34	-9.42	10.08	5.95	-19.94	5.02	1.53	1.76
Debt to NOPAT	21.77	81.63	14.82	-21.92	-7.98	199.74	-22.66	-7.61	13.20	4.77	3.48
Net Debt to NOPAT	12.98	39.31	2.08	-8.46	-3.00	14.40	3.48	7.59	-19.42	-8.93	-5.97
Long-Term Debt to NOPAT	15.90	61.04	11.48	-18.00	-7.00	147.78	-21.24	-6.67	11.15	4.52	3.11
Altman Z-Score	0.92	1.47	1.77	1.14	0.88	1.19	1.30	1.29	1.23	1.77	2.54
Noncontrolling Interest Sharing Ratio	-32.41%	5.67%	5.19%	16.24%	32.23%	27.12%	4.60%	3.60%	3.30%	3.81%	2.95%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.49	1.93	2.00	1.80	1.79	1.31	1.55	1.28	1.18	1.33	1.09
Quick Ratio	1.27	0.98	1.57	1.48	1.44	0.80	1.11	0.84	0.77	0.92	0.70
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	251,743	-23,621	-40,225	45,536	63,813	12,904	38,486	-18,139	13,377	15,633	912
Operating Cash Flow to CapEx	658.01%	392.56%	32.92%	418.52%	174.42%	412.18%	233.66%	361.85%	1,162.48%	647.01%	513.07%
Free Cash Flow to Firm to Interest Expense	92.45	-6.82	-8.01	9.78	13.39	4.05	16.25	-10.13	9.99	15.19	0.93
Operating Cash Flow to Interest Expense	10.18	5.74	0.23	1.41	1.04	2.74	1.51	1.94	4.42	5.04	4.78
Operating Cash Flow Less CapEx to Interest Expense	8.63	4.28	-0.47	1.07	0.45	2.08	0.86	1.41	4.04	4.26	3.85
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.18	0.20	0.28	0.27	0.29	0.31	0.29	0.25	0.15	0.20	0.26
Accounts Receivable Turnover	4.36	4.12	3.74	3.66	4.99	5.78	4.56	3.50	1.91	3.00	4.29
Inventory Turnover	4.78	4.11	3.91	3.62	4.18	4.18	3.50	2.73	1.24	1.98	2.69
Fixed Asset Turnover	2.00	2.30	2.28	1.90	1.99	2.02	2.42	3.50	2.10	3.64	5.33
Accounts Payable Turnover	5.87	6.42	6.24	5.11	4.79	4.16	3.42	2.65	1.20	2.00	3.15
Days Sales Outstanding (DSO)	83.69	88.68	97.50	99.69	73.09	63.14	80.04	104.42	190.72	121.50	85.02
Days Inventory Outstanding (DIO)	76.34	88.73	93.42	100.85	87.36	87.29	104.40	133.52	295.45	184.38	135.49
Days Payable Outstanding (DPO)	62.22	56.82	58.54	71.48	76.25	87.75	106.64	137.58	304.14	182.31	115.81
Cash Conversion Cycle (CCC)	97.81	120.59	132.38	129.06	84.20	62.67	77.80	100.37	182.03	123.57	104.71
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	97,962	124,004	173,422	121,746	44,954	32,505	-9,286	4,232	-7,323	-18,655	-14,027
Invested Capital Turnover	0.54	1.06	0.80	0.67	1.16	2.33	6.53	-22.35	-18.85	-2.72	-2.37
Increase / (Decrease) in Invested Capital	-239,734	26,042	49,418	-51,676	-76,792	-12,449	-41,791	13,518	-11,555	-11,332	4,628
Enterprise Value (EV)	373,524	368,736	269,820	210,471	121,077	103,261	82,868	68,337	56,348	100,561	147,335
Market Capitalization	208,858	268,748	246,034	137,678	61,603	95,159	92,836	102,120	90,513	137,744	180,181
Book Value per Share	$12.77	$9.72	$8.57	$6.46	$3.56	$3.24	$4.06	$36.70	$30.83	$25.18	$17.87
Tangible Book Value per Share	$6.16	$1.48	($1.25)	($5.56)	($1.74)	($1.04)	$0.04	$4.36	$13.35	$12.69	$6.05
Total Capital	398,355	300,712	216,727	211,480	155,081	120,743	111,975	76,797	58,971	49,130	38,837
Total Debt	261,424	197,602	136,211	134,591	103,600	90,882	74,902	35,185	24,059	20,525	19,273
Total Long-Term Debt	190,999	147,742	105,497	110,555	90,824	67,241	70,189	30,824	20,320	19,417	17,234
Net Debt	155,894	95,146	19,092	51,928	38,968	6,551	-11,496	-35,091	-35,387	-38,385	-33,069
Capital Expenditures (CapEx)	4,211	5,067	3,524	1,566	2,854	2,119	1,527	962	509	802	918
Debt-free, Cash-free Net Working Capital (DFCFNWC)	19,388	87,615	24,407	5,005	-4,385	2,173	-8,896	-9,311	-10,724	-9,349	-9,319
Debt-free Net Working Capital (DFNWC)	124,918	190,071	116,849	87,668	60,247	47,872	34,953	18,756	12,695	11,561	5,282
Net Working Capital (NWC)	54,493	140,211	86,135	63,632	47,471	24,231	30,240	14,395	8,956	10,453	3,243
Net Nonoperating Expense (NNE)	-3,336	8,216	1,982	2,709	9,464	5,367	-8,851	1,787	1,419	-5,144	-1,026
Net Nonoperating Obligations (NNO)	-38,969	20,894	92,906	44,857	-6,527	2,644	-46,359	-37,380	-42,235	-47,260	-33,591
Total Depreciation and Amortization (D&A)	4,953	4,847	7,070	6,194	6,582	3,541	3,464	2,360	1,184	1,179	1,184
Debt-free, Cash-free Net Working Capital to Revenue	16.54%	74.64%	20.43%	5.04%	-4.52%	2.41%	-11.73%	-16.49%	-36.80%	-26.45%	-24.08%
Debt-free Net Working Capital to Revenue	106.60%	161.92%	97.81%	88.30%	62.10%	53.06%	46.09%	33.21%	43.57%	32.71%	13.65%
Net Working Capital to Revenue	46.50%	119.44%	72.10%	64.09%	48.93%	26.86%	39.88%	25.49%	30.74%	29.57%	8.38%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$7.59	($3.12)	$4.53	($3.62)	($13.18)	($3.12)	$2.92	($3.87)	($0.05)	$6.74	$6.04
Adjusted Weighted Average Basic Shares Outstanding	2.00B	1.86B	1.74B	1.73B	1.73B	1.74B	1.74B	1.75B	1.36B	1.36B	1.07B
Adjusted Diluted Earnings per Share	$7.54	($3.07)	$4.48	($3.62)	($13.18)	($3.12)	$2.92	($3.87)	($0.04)	$6.67	$5.99
Adjusted Weighted Average Diluted Shares Outstanding	2.00B	1.86B	1.74B	1.73B	1.73B	1.74B	1.74B	1.75B	1.36B	1.36B	1.07B
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	($3.12)	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	2.00B	1.86B	1.74B	1.73B	1.73B	1.74B	1.74B	1.75B	1.36B	1.36B	1.07B
Normalized Net Operating Profit after Tax (NOPAT)	12,009	8,154	5,542	-4,355	-11,026	1,495	-1,525	-4,621	1,822	4,301	5,760
Normalized NOPAT Margin	10.25%	6.95%	4.64%	-4.39%	-11.37%	1.66%	-2.01%	-8.18%	6.25%	12.17%	14.88%
Pre Tax Income Margin	8.76%	6.97%	5.89%	-11.43%	-21.63%	-0.06%	7.87%	-10.09%	5.22%	29.54%	19.69%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	4.77	3.36	2.40	-1.44	-3.40	0.98	3.52	-2.18	2.14	11.15	8.73
NOPAT to Interest Expense	4.41	0.70	1.83	-1.32	-2.72	0.14	-1.40	-2.58	1.36	4.18	5.62
EBIT Less CapEx to Interest Expense	3.22	1.90	1.70	-1.77	-4.00	0.32	2.88	-2.72	1.76	10.37	7.80
NOPAT Less CapEx to Interest Expense	2.86	-0.76	1.13	-1.66	-3.32	-0.52	-2.04	-3.12	0.98	3.40	4.69
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	57.69%	-160.40%	122.12%	-97.75%	-19.93%	-13.21%	11.68%	-8.97%	158.56%	6.24%	15.35%
Augmented Payout Ratio	65.62%	-179.36%	419.29%	-126.57%	-19.93%	-13.21%	12.19%	-10.64%	418.61%	19.29%	104.10%

This table displays calculated financial ratios and metrics derived from GE Aerospace's official financial filings.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-571.00%	14.29%	-38.03%	-35.72%	123.12%	10.82%	3.87%	5.81%	32.37%	10.94%	21.21%
EBITDA Growth	149.92%	1,266.17%	2,358.02%	43.36%	-10.51%	-63.28%	-4.65%	174.22%	9.86%	8.42%	44.61%
EBIT Growth	167.81%	952.59%	394.47%	322.38%	-42.84%	-68.26%	-3.64%	254.97%	11.63%	9.11%	50.41%
NOPAT Growth	147.31%	210.56%	138.19%	5,552.51%	-53.60%	32.02%	52.82%	-24.73%	95.51%	72.51%	17.40%
Net Income Growth	160.37%	774.91%	104.29%	104.85%	-27.93%	-79.10%	3,327.03%	444.97%	18.91%	26.01%	59.38%
EPS Growth	160.37%	774.91%	104.29%	104.85%	-27.93%	-79.10%	5,850.00%	608.33%	21.23%	30.71%	64.35%
Operating Cash Flow Growth	74.35%	53.42%	-11.82%	28.11%	-30.22%	483.01%	88.25%	-17.28%	-58.69%	51.81%	146.54%
Free Cash Flow Firm Growth	175.33%	227.40%	227.25%	231.43%	-10.56%	-89.92%	-43.86%	-17.90%	-120.36%	152.37%	-111.90%
Invested Capital Growth	-273.04%	-189.30%	-158.65%	-152.72%	-154.75%	-12.00%	-136.17%	-239.63%	24.81%	-36.21%	20.44%
Revenue Q/Q Growth	-183.85%	219.39%	-39.56%	6.25%	-69.85%	472.30%	-43.35%	8.23%	-62.27%	-8.10%	10.95%
EBITDA Q/Q Growth	375.04%	144.80%	-74.83%	-51.01%	196.54%	0.45%	-34.66%	40.88%	18.80%	-2.10%	3.78%
EBIT Q/Q Growth	2,772.73%	64.58%	-74.00%	-65.64%	288.74%	-8.60%	-21.06%	26.56%	22.25%	-2.38%	3.75%
NOPAT Q/Q Growth	9,557.25%	-71.88%	61.20%	27.18%	-19.53%	-19.97%	86.59%	-37.36%	109.01%	2.58%	0.11%
Net Income Q/Q Growth	1,238.79%	238.52%	-99.51%	813.51%	371.01%	-1.82%	-18.87%	45.27%	2.77%	4.28%	2.48%
EPS Q/Q Growth	1,238.79%	238.52%	-99.51%	813.51%	371.01%	-1.82%	-17.27%	47.83%	4.12%	3.39%	3.28%
Operating Cash Flow Q/Q Growth	216.23%	-105.76%	287.26%	275.88%	72.24%	-68.41%	-7.96%	65.17%	-13.99%	16.35%	48.84%
Free Cash Flow Firm Q/Q Growth	214.37%	34.24%	-0.34%	-14.09%	-22.17%	-84.87%	454.96%	25.62%	-119.30%	290.50%	-123.30%
Invested Capital Q/Q Growth	-176.57%	-15.76%	23.65%	22.10%	-269.99%	49.11%	-61.00%	-12.03%	18.09%	7.81%	5.96%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	0.00%	25.94%	34.99%	35.58%	81.25%	27.61%	38.70%	36.74%	76.11%	39.66%	37.89%
EBITDA Margin	0.00%	50.17%	20.89%	9.63%	94.72%	16.63%	19.18%	24.96%	78.62%	27.73%	25.94%
Operating Margin	0.00%	4.69%	14.41%	15.58%	48.56%	6.46%	19.32%	11.41%	65.28%	21.68%	20.41%
EBIT Margin	0.00%	46.67%	20.08%	6.49%	83.71%	13.37%	18.63%	21.78%	70.59%	24.72%	23.12%
Profit (Net Income) Margin	0.00%	51.62%	0.42%	3.63%	56.76%	9.74%	13.94%	18.72%	50.98%	19.85%	18.33%
Tax Burden Percent	56.64%	115.19%	2.45%	101.50%	75.56%	83.76%	87.63%	97.31%	78.42%	87.84%	84.60%
Interest Burden Percent	94.94%	96.02%	85.84%	55.13%	89.74%	86.95%	85.42%	88.29%	92.10%	91.41%	93.76%
Effective Tax Rate	-0.87%	4.17%	16.77%	7.81%	21.07%	17.04%	8.64%	10.46%	13.30%	12.61%	16.24%
Return on Invested Capital (ROIC)	0.00%	274.06%	134.51%	129.64%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	255.12%	137.69%	133.07%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-251.57%	-128.49%	-123.46%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	1.05%	22.48%	6.02%	6.18%	29.74%	11.04%	18.59%	25.61%	27.26%	27.58%	40.46%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	0.00%	8.11%	2.95%	0.79%	16.34%	3.01%	4.85%	5.81%	18.43%	6.81%	7.74%
Return on Assets (ROA)	0.00%	8.97%	0.06%	0.44%	11.08%	2.19%	3.63%	4.99%	13.31%	5.47%	6.14%
Return on Common Equity (ROCE)	1.02%	21.73%	5.80%	5.94%	28.61%	10.63%	18.08%	24.88%	26.46%	26.78%	39.98%
Return on Equity Simple (ROE_SIMPLE)	0.00%	28.40%	31.70%	35.10%	0.00%	11.82%	25.60%	33.19%	0.00%	36.22%	0.00%
Net Operating Profit after Tax (NOPAT)	2,317	652	1,050	1,336	1,075	860	1,605	1,006	2,102	1,882	1,885
NOPAT Margin	0.00%	4.50%	12.00%	14.36%	38.32%	5.36%	17.65%	10.22%	56.60%	18.95%	17.10%
Net Nonoperating Expense Percent (NNEP)	-0.27%	18.94%	-3.18%	-3.44%	1.16%	1.72%	-0.92%	2.35%	-0.52%	0.25%	0.42%
Return On Investment Capital (ROIC_SIMPLE)	3.93%	1.18%	1.94%	2.64%	2.19%	1.67%	4.17%	2.58%	5.41%	4.82%	4.93%
Cost of Revenue to Revenue	0.00%	74.06%	65.01%	64.42%	18.75%	72.39%	61.30%	63.26%	23.89%	60.34%	62.11%
SG&A Expenses to Revenue	0.00%	14.79%	10.43%	10.76%	-0.39%	14.13%	10.16%	13.51%	-2.32%	8.82%	9.25%
R&D to Revenue	0.00%	2.98%	2.73%	2.66%	3.35%	3.16%	3.30%	3.36%	3.99%	3.61%	3.26%
Operating Expenses to Revenue	0.00%	21.24%	20.57%	20.01%	32.69%	21.15%	19.38%	25.33%	10.83%	17.98%	17.48%
Earnings before Interest and Taxes (EBIT)	4,108	6,761	1,758	604	2,348	2,146	1,694	2,144	2,621	2,456	2,548
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	2,969	7,268	1,829	896	2,657	2,669	1,744	2,457	2,919	2,755	2,859
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.69	3.26	3.79	4.16	5.03	6.35	9.29	10.80	9.32	11.16	14.32
Price to Tangible Book Value (P/TBV)	6.21	8.21	9.95	12.29	9.97	17.21	32.34	35.44	27.52	34.22	47.31
Price to Revenue (P/Rev)	3.11	3.33	4.63	5.84	3.90	5.13	4.64	5.39	4.66	5.41	6.59
Price to Earnings (P/E)	1,885.68	11.99	12.43	12.30	14.99	56.30	37.13	32.62	27.48	30.71	35.33
Dividend Yield	0.39%	0.28%	0.25%	0.28%	0.25%	0.18%	0.30%	0.48%	0.67%	0.74%	0.58%
Earnings Yield	0.05%	8.34%	8.04%	8.13%	6.67%	1.78%	2.69%	3.07%	3.64%	3.26%	2.83%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	1.93	2.05	3.14	4.19	2.84	4.07	3.74	4.46	3.81	4.62	5.85
Enterprise Value to EBITDA (EV/EBITDA)	13.93	5.90	6.33	6.60	7.95	18.67	17.47	17.68	15.05	18.31	22.36
Enterprise Value to EBIT (EV/EBIT)	19.70	6.10	6.29	6.46	8.77	21.93	20.49	20.22	17.12	20.79	25.19
Enterprise Value to NOPAT (EV/NOPAT)	30.92	18.63	19.96	15.70	23.38	35.83	29.52	37.47	26.59	28.94	36.69
Enterprise Value to Operating Cash Flow (EV/OCF)	9.52	10.23	13.06	13.06	19.38	23.34	20.27	25.71	31.28	35.06	37.11
Enterprise Value to Free Cash Flow (EV/FCFF)	4.21	2.97	3.73	4.26	6.43	28.84	10.29	10.16	161.47	18.75	69.35
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.69	0.68	0.67	0.70	0.72	0.66	1.04	1.04	0.99	1.01	0.98
Long-Term Debt to Equity	0.58	0.61	0.61	0.65	0.68	0.63	0.95	0.95	0.88	0.90	0.88
Financial Leverage	-1.04	-0.99	-0.93	-0.93	-1.41	-1.28	-1.42	-1.45	-1.68	-1.44	-1.72
Leverage Ratio	5.07	4.88	5.10	5.39	5.70	5.14	5.59	5.79	6.15	5.70	6.51
Compound Leverage Factor	4.81	4.68	4.38	2.97	5.12	4.47	4.77	5.11	5.67	5.21	6.10
Debt to Total Capital	40.80%	40.59%	40.23%	41.11%	41.78%	39.75%	51.08%	51.05%	49.63%	50.13%	49.40%
Short-Term Debt to Total Capital	6.34%	4.09%	3.48%	2.63%	2.26%	2.00%	4.41%	4.31%	5.25%	5.34%	4.94%
Long-Term Debt to Total Capital	34.46%	36.49%	36.75%	38.47%	39.52%	37.76%	46.66%	46.74%	44.38%	44.79%	44.46%
Preferred Equity to Total Capital	0.01%	0.01%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	2.06%	2.12%	2.17%	2.30%	2.45%	2.42%	0.64%	0.59%	0.57%	0.56%	0.55%
Common Equity to Total Capital	57.13%	57.29%	57.60%	56.59%	55.78%	57.83%	48.29%	48.37%	49.80%	49.31%	50.05%
Debt to EBITDA	5.95	2.08	1.72	1.61	1.62	2.55	2.47	2.09	1.97	1.96	1.74
Net Debt to EBITDA	-8.75	-3.77	-3.09	-2.69	-3.03	-5.01	-4.26	-3.73	-3.38	-3.18	-2.84
Long-Term Debt to EBITDA	5.02	1.87	1.57	1.50	1.53	2.42	2.26	1.91	1.76	1.75	1.56
Debt to NOPAT	13.20	6.57	5.41	3.82	4.77	4.89	4.17	4.43	3.48	3.09	2.85
Net Debt to NOPAT	-19.42	-11.91	-9.76	-6.40	-8.93	-9.62	-7.19	-7.91	-5.97	-5.03	-4.65
Long-Term Debt to NOPAT	11.15	5.91	4.95	3.58	4.52	4.65	3.81	4.06	3.11	2.76	2.56
Altman Z-Score	1.25	1.61	1.55	1.53	1.59	1.94	2.27	2.41	2.38	2.57	2.90
Noncontrolling Interest Sharing Ratio	3.30%	3.36%	3.62%	3.91%	3.81%	3.79%	2.77%	2.85%	2.95%	2.90%	1.19%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.18	1.25	1.25	1.17	1.33	1.17	1.14	1.13	1.09	1.08	1.04
Quick Ratio	0.77	0.81	0.80	0.72	0.92	0.73	0.73	0.73	0.70	0.66	0.61
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	13,872	18,622	18,557	15,942	12,407	1,877	10,418	13,088	-2,526	5,320	-1,239
Operating Cash Flow to CapEx	0.00%	-89.00%	950.98%	843.98%	1,286.89%	261.05%	2,853.13%	600.80%	508.63%	762.12%	719.87%
Free Cash Flow to Firm to Interest Expense	66.06	69.23	74.53	59.04	51.48	6.75	42.01	52.14	-12.09	25.34	-7.84
Operating Cash Flow to Interest Expense	21.43	-0.96	1.95	6.75	13.03	3.57	3.68	6.01	6.21	7.19	14.22
Operating Cash Flow Less CapEx to Interest Expense	22.07	-2.04	1.74	5.95	12.02	2.20	3.55	5.01	4.99	6.24	12.24
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.15	0.17	0.15	0.12	0.20	0.22	0.26	0.27	0.26	0.28	0.34
Accounts Receivable Turnover	1.91	2.05	1.65	1.29	3.00	2.52	3.22	3.22	4.29	3.21	4.41
Inventory Turnover	1.24	1.22	0.88	0.55	1.98	1.41	1.81	1.79	2.69	1.75	2.49
Fixed Asset Turnover	2.10	2.28	1.88	1.54	3.64	3.01	3.83	3.88	5.33	4.01	5.69
Accounts Payable Turnover	1.20	1.28	0.93	0.58	2.00	1.58	2.04	2.03	3.15	2.06	3.00
Days Sales Outstanding (DSO)	190.72	178.44	221.54	283.84	121.50	144.91	113.34	113.39	85.02	113.84	82.81
Days Inventory Outstanding (DIO)	295.45	299.88	414.81	659.19	184.38	258.86	202.09	203.77	135.49	208.88	146.73
Days Payable Outstanding (DPO)	304.14	286.16	393.11	631.72	182.31	231.64	178.72	179.96	115.81	176.94	121.55
Cash Conversion Cycle (CCC)	182.03	192.16	243.25	311.31	123.57	172.13	136.71	137.20	104.71	145.78	108.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	-7,323	-8,477	-6,472	-5,042	-18,655	-9,494	-15,285	-17,124	-14,027	-12,932	-12,161
Invested Capital Turnover	-18.85	60.93	11.21	9.03	-2.72	-4.11	-3.42	-3.41	-2.37	-3.54	-3.03
Increase / (Decrease) in Invested Capital	-11,555	-17,970	-17,507	-14,606	-11,332	-1,017	-8,813	-12,082	4,628	-3,438	3,124
Enterprise Value (EV)	56,348	63,564	80,286	85,515	100,561	150,324	139,199	168,448	147,335	183,192	243,428
Market Capitalization	90,513	103,046	118,370	119,235	137,744	189,440	172,855	203,768	180,181	214,819	274,077
Book Value per Share	$30.83	$29.05	$28.64	$26.34	$25.18	$27.28	$16.99	$17.41	$17.87	$17.94	$17.94
Tangible Book Value per Share	$13.35	$11.52	$10.92	$8.91	$12.69	$10.05	$4.88	$5.30	$6.05	$5.85	$5.43
Total Capital	58,971	55,244	54,150	50,654	49,130	51,629	38,516	39,023	38,837	39,039	38,232
Total Debt	24,059	22,421	21,782	20,822	20,525	20,525	19,673	19,921	19,273	19,571	18,887
Total Long-Term Debt	20,320	20,159	19,900	19,488	19,417	19,493	17,973	18,240	17,234	17,487	16,998
Net Debt	-35,387	-40,656	-39,261	-34,887	-38,385	-40,364	-33,901	-35,549	-33,069	-31,844	-30,859
Capital Expenditures (CapEx)	-135	291	51	216	244	380	32	251	255	198	312
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-10,724	-10,444	-9,664	-10,577	-9,349	-12,650	-9,143	-9,719	-9,319	-8,687	-8,635
Debt-free Net Working Capital (DFNWC)	12,695	14,371	13,987	9,604	11,561	9,534	6,302	6,237	5,282	4,718	3,224
Net Working Capital (NWC)	8,956	12,109	12,105	8,270	10,453	8,502	4,602	4,556	3,243	2,634	1,335
Net Nonoperating Expense (NNE)	108	-6,826	1,013	998	-517	-703	337	-836	209	-90	-136
Net Nonoperating Obligations (NNO)	-42,235	-41,300	-38,840	-34,874	-47,260	-40,598	-34,128	-36,226	-33,591	-32,400	-31,506
Total Depreciation and Amortization (D&A)	-1,139	507	71	292	309	523	50	313	298	299	311
Debt-free, Cash-free Net Working Capital to Revenue	-36.80%	-33.74%	-37.78%	-51.82%	-26.45%	-34.27%	-24.54%	-25.72%	-24.08%	-21.89%	-20.75%
Debt-free Net Working Capital to Revenue	43.57%	46.43%	54.68%	47.06%	32.71%	25.83%	16.92%	16.50%	13.65%	11.89%	7.75%
Net Working Capital to Revenue	30.74%	39.12%	47.33%	40.52%	29.57%	23.03%	12.35%	12.05%	8.38%	6.64%	3.21%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.21	$5.40	($0.02)	$0.19	$1.17	$1.41	$1.16	$3.28	$1.77	$1.85	$1.91
Adjusted Weighted Average Basic Shares Outstanding	1.73B	1.36B	1.36B	1.36B	1.36B	1.09B	1.08B	1.08B	1.07B	1.07B	1.06B
Adjusted Diluted Earnings per Share	$1.21	$5.36	($0.02)	$0.18	$1.17	$1.39	$1.15	$1.70	$1.77	$1.83	$1.89
Adjusted Weighted Average Diluted Shares Outstanding	1.73B	1.36B	1.36B	1.36B	1.36B	1.09B	1.08B	1.08B	1.07B	1.07B	1.06B
Adjusted Basic & Diluted Earnings per Share	$1.21	$0.00	$0.00	$0.00	$1.17	$0.00	$0.00	$0.00	$1.77	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	1.73B	1.36B	1.36B	1.36B	1.36B	1.09B	1.08B	1.08B	1.07B	1.07B	1.06B
Normalized Net Operating Profit after Tax (NOPAT)	1,608	848	1,186	1,471	1,075	1,155	1,674	1,230	2,102	1,927	1,924
Normalized NOPAT Margin	0.00%	5.85%	13.55%	15.82%	38.32%	7.19%	18.40%	12.50%	56.60%	19.40%	17.45%
Pre Tax Income Margin	0.00%	44.82%	17.24%	3.58%	75.12%	11.62%	15.91%	19.23%	65.01%	22.60%	21.67%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	19.56	25.13	7.06	2.24	9.74	7.72	6.83	8.54	12.54	11.70	16.13
NOPAT to Interest Expense	11.03	2.42	4.22	4.95	4.46	3.09	6.47	4.01	10.06	8.96	11.93
EBIT Less CapEx to Interest Expense	20.20	24.05	6.86	1.44	8.73	6.35	6.70	7.54	11.32	10.75	14.15
NOPAT Less CapEx to Interest Expense	11.68	1.34	4.01	4.15	3.45	1.73	6.34	3.01	8.84	8.02	9.95
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	158.56%	7.81%	7.03%	6.81%	6.24%	13.37%	13.30%	12.61%	15.35%	17.55%	16.85%
Augmented Payout Ratio	418.61%	22.47%	20.28%	19.78%	19.29%	48.67%	81.01%	83.59%	104.10%	124.68%	106.34%

Key Financial Trends

Over the past four years, GE Aerospace (NYSE: GE) has demonstrated notable trends across its income statement, balance sheet, and cash flow statements.

Revenue and Profitability:

Operating revenue showed a strong upward trend from around $8.75 billion in Q2 2023 to $11.02 billion by Q2 2025, reflecting growth in sales and operational scale.
Gross profit increased consistently, reaching approximately $4.18 billion in Q2 2025, indicating effective cost control relative to revenue growth.
Net income rose from $37 million in Q2 2023 (restated) to over $2 billion in Q2 2025, showcasing strong earnings improvement.
Diluted earnings per share (EPS) rose from a breakeven/negative start in mid-2023 to around $1.89 in Q2 2025, reflecting improving profitability and stable share count.
Interest expense remains a consistent charge around $150-$270 million quarterly, which slightly burdens net income.
The company pays steady dividends, with per-share dividends rising moderately from $0.08 in early 2023 to $0.36 in mid-2025, reflecting shareholder return focus.

Balance Sheet Highlights:

Total assets stayed robust around $123 billion to $125 billion in 2024-2025, supporting capacity for operations and investments.
Cash and equivalents fluctuated but remained strong, ranging roughly from $12 billion to $13.8 billion, providing liquidity.
Inventories and accounts receivable remained high but stable, balancing operational needs and working capital management.
Long-term debt is significant, hovering around $17-$20 billion, contributing to financial leverage and interest expense.
Total equity remained positive, about $19 billion in 2025, indicating reasonable net asset value despite substantial liabilities.

Cash Flow Trends:

Operating cash flow improved significantly, from a low in 2023 to over $2.3 billion in Q2 2025, indicating strong cash generation from core business.
Significant outflows for repurchases of common equity and debt repayments, e.g., repurchasing $1.7 billion of stock and repaying $1.1 billion in debt in Q2 2025, reducing cash reserves.
Investing cash flow has been negative consistently, with capital expenditures around $200-$327 million quarterly, as well as acquisitions suggesting ongoing investment but cash usage.
Net cash flow declined in mid-2025 due to high financing uses, resulting in a net decrease in cash & equivalents by $1.39 billion in Q2 2025.

Summary: GE Aerospace’s financials show a strong recovery and growth path since 2023, with rising revenue, profitability, and cash from operations. While the company has invested heavily and returned capital to shareholders through dividends and stock repurchases, it retains a substantial debt load. Investors should watch for how GE manages leverage and sustains its profitability growth going forward.

08/29/25 11:17 AM ETAI Generated. May Contain Errors.

Financials Breakdown Chart

Frequently Asked Questions About GE Aerospace's Financials

When does GE Aerospace's financial year end?

According to the most recent income statement we have on file, GE Aerospace's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has GE Aerospace's net income changed over the last 10 years?

GE Aerospace's net income appears to be on a downward trend, with a most recent value of $6.57 billion in 2024, falling from $15.35 billion in 2014. The previous period was $9.45 billion in 2023. Check out GE Aerospace's forecast to explore projected trends and price targets.

What is GE Aerospace's operating income?

GE Aerospace's total operating income in 2024 was $6.34 billion, based on the following breakdown:

Total Gross Profit: $14.39 billion
Total Operating Expenses: $8.05 billion

How has GE Aerospace's revenue changed over the last 10 years?

Over the last 10 years, GE Aerospace's total revenue changed from $117.18 billion in 2014 to $38.70 billion in 2024, a change of -67.0%.

How much debt does GE Aerospace have?

GE Aerospace's total liabilities were at $103.58 billion at the end of 2024, a 28.4% decrease from 2023, and a 80.0% decrease since 2014.

How much cash does GE Aerospace have?

In the past 10 years, GE Aerospace's cash and equivalents has ranged from $13.62 billion in 2024 to $70.48 billion in 2015, and is currently $13.62 billion as of their latest financial filing in 2024.

How has GE Aerospace's book value per share changed over the last 10 years?

Over the last 10 years, GE Aerospace's book value per share changed from 12.77 in 2014 to 17.87 in 2024, a change of 39.9%.

Related Companies

This page (NYSE:GE) was last updated on 8/29/2025 by MarketBeat.com Staff

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GE Aerospace (GE) Financials

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GE Aerospace (GE) Financials

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