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GE

NYSE · USD
GE Aerospace
Industrials · Aerospace & Defense
CEO H. Lawrence Culp Jr. Employees 57,000 R&D / revenue 3.4%
Last price
$313.83+0.59%last session
Market cap
$325.6B
P/E (TTM)
36.8x
From 52w high
−19.3%
From 52w low
+16.7%
1-year return
+5.2%
RSI 14 · vs SMA200
47.1 · −2.8%
IS score
69.4/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)

One year, rebased to 100

GE   SPY   XLI (sector ETF) · weekly closes
100110120130Jan 26Apr 26Jul 26Oct 26SPY 116XLI 111GE 105

Score DNA

Each bar is a 0-100 score within the scored universe
63
Profitability
72
Growth
35
Value
87
Momentum
90
Risk (safety)
73
Quality
56
Balance sheet
70
Earnings quality

Flags

Strengths
None of the computed strength flags fires.
Warnings
None of the computed warning flags fires for GE (Altman, Beneish, accruals, FCF, dilution).
Observations
Moat model: Weak, Efficient ScalePiotroski 7 / 9Altman Z 3.8Beta 1.352 of 4 smart-money sources active

Smart-money strip

Each disclosure source on its own window. Filings coinciding is not coordination.
INSForm 4 · 180 days
Insider open-market buys
0
8 open-market sales, $7.2M
Form 144 notices (12m): 6, $16.5M proposed, not confirmed sales
CONGSTOCK Act · 180 days
Congressional purchases
0
No disclosed purchases
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
+227
399 new holders, 138 closed
3,443 filers hold 80.3% · 1,434 added, 1,162 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+144
1,352 funds adding shares
1,208 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
44.3%
20-day avg 45.1%, 50-day avg 46.5%
Latest 0.8 pp under its 20-day average · a flow, not short interest

Key financials · FY2025

USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.
Income statement
Revenue$45.9B
Revenue growth YoY+18.5%
Gross margin36.8%
Operating income$8.8B
Operating margin19.1%
Net income$8.7B
Net margin19.0%
EPS (diluted)$8.16
Cash flow
Operating cash flow$8.5B
Capital expenditure$1.3B
Free cash flow$7.3B
FCF conversion (FCF / OCF)85.1%
Stock-based compensation$0
FCF less SBC$7.3B
Buybacks$7.6B
Dividends$1.5B
Balance sheet & returns
Cash & short-term investments$12.4B
Total debt$20.5B
Net debt$8.1B
Shareholders' equity$18.9B
Goodwill & intangibles$13.3B
Debt / equity1.09
ROE (TTM)49.0%
ROIC (TTM)10.4%
Operating margin by fiscal year
5.1%FY20211.7%FY20228.1%FY202317.5%FY202420.2%FY2025
Revenue $56.5B (FY2021) to $45.9B (FY2025), a -5.1% CAGR.

Valuation

P/E (TTM)36.8x
EV / EBITDA26.8x
Price / sales6.43x
Price / FCF38.8x
FCF yield2.58%
Buyback yield2.32%
SBC / revenue0.0%
Price / book18.49x
Forward P/E FY202639.6x
Forward P/E FY202734.4x
Forward P/E FY202830.2x
Forward multiples divide today's price by Street EPS estimates. Street mean target $409.33 across 6 analysts last quarter is theirs, not ours.

GE vs industry median

197 companies in Aerospace & Defense
Gross margin 35.4% 22.1% Operating margin 20.8% 4.5% Net margin 17.7% 1.2% ROIC 10.4% 7.2%
GE (TTM)Industry median Asset turnover 0.40 vs industry 0.57 · financial leverage 7.24

Earnings delivery

Next report 2026-10-20 · consensus EPS $2.01
100%
beat rate, 12 of 12 quarters
+15.7%
median EPS surprise
12
longest beat streak
+46+13+15+21+2+26+17+16+14+10+16+9
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-10-24 to 2026-07-16. Bars cap at ±60%.

Peers

Market-cap band, not the industry cohort above
CompanyMkt capP/EROENet marginRev growth12m return
GE GE Aerospace $325.6B36.8x49.0%17.7%+18.5% +5.2%
RTX RTX Corporation $261.4B33.7x12.0%8.7%+11.8% +24.0%
BA The Boeing Company $150.3B71.2x173.6%-1.8%+24.8% −10.3%
LMT Lockheed Martin Corporation $127.4B20.3x89.2%9.2%+7.2% +12.7%
GD General Dynamics Corporation $93.1B20.7x17.8%8.2%+9.1% +4.1%
HWM Howmet Aerospace Inc. $88.1B47.3x34.7%21.0%+18.1% —
NOC Northrop Grumman Corporation $73.9B16.5x27.0%10.1%+5.9% —
TDG TransDigm Group Incorporated $63.0B34.6x-28.7%19.7%+16.6% —
12-month window: SPY +15.9%, sector ETF XLI +10.7%. Past returns describe history only.

Recent 8-K filings

2026-09-22Officer/Director Change; Other Events; Exhibits
2026-09-08Regulation FD; Other Events; Exhibits
2026-07-16Earnings Release; Exhibits
2026-06-25Bylaws Amendment; Exhibits
2026-06-11Officer/Director Change; Exhibits
2026-05-07Officer/Director Change; Shareholder Vote

Context

Shares outstanding1,037,562,513
Free float99.6%
Institutional ownership80.3%
Beta1.35
Dividend yield0.56%
Last dividend$0.47 on 2026-10-05
50 / 200-day average$331.65 / $323.82

Full factsheet

The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Weak).

Read it in the browser Download (PDF)

All fundamentals · 140 measures in 13 categories

Percentile = where GE sits among 56 scored companies in Aerospace & Defense (0 = lowest value, 100 = highest). It is a position, not a grade.
ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)

Valuation

MeasureGEIndustry medianIndustry percentileSector median
P/E (TTM) 36.3x 33.9x
64th		 25.4x
PEG (P/E ÷ 3-yr EPS CAGR) —
Price / sales 6.4x 4.3x
67th		 2.0x
Price / book 18.5x 3.6x
94th		 2.9x
Price / tangible book 85.1x 9.3x
95th		 5.6x
Price / free cash flow 38.8x 32.5x
57th		 20.8x
Price / operating cash flow 33.2x 29.1x
64th		 14.5x
Enterprise value $335.4B $6.6B
100th		 $4.8B
EV / sales 6.6x 4.1x
69th		 2.4x
EV / EBITDA 26.8x 20.6x
71st		 13.6x
EV / EBIT 29.7x 25.7x
64th		 19.9x
EV / free cash flow 40.0x 40.0x
49th		 24.3x
Earnings yield 2.8% 2.2%
55th		 3.3%
FCF yield 2.6% 2.0%
64th		 3.8%
Operating cash flow yield 3.0% 2.7%
55th		 6.2%
Graham number (per share) $56.90 $48.57
55th		 $38.21

Profitability (TTM)

MeasureGEIndustry medianIndustry percentileSector median
Gross margin 35.4% 26.5%
74th		 30.5%
EBITDA margin 24.7% 12.4%
83rd		 14.3%
Operating margin 20.8% 9.6%
85th		 9.8%
EBIT margin 22.3% 9.6%
87th		 9.9%
Net margin 17.7% 6.1%
94th		 6.0%
NOPAT margin 18.0% 7.9%
87th		 7.8%
FCF margin 16.6% 5.6%
89th		 7.0%
Operating cash flow margin 19.3% 8.6%
85th		 11.2%
R&D / revenue 3.5% 1.8%
67th		 0.0%
SG&A / revenue 8.7% 13.7%
26th		 14.1%
Stock comp / revenue 0.0% 0.7%
0th		 0.6%
Effective tax rate 13.4% 21.0%
9th		 21.0%

Returns on capital

MeasureGEIndustry medianIndustry percentileSector median
ROE (on average equity) 48.8% 10.8%
92nd		 11.9%
ROA 7.1% 4.5%
65th		 4.8%
ROIC 33.2% 8.1%
98th		 8.7%
ROCE 12.9% 8.8%
75th		 9.4%
Return on tangible assets 8.9% 6.7%
62nd		 7.9%
Cash ROIC (OCF / invested capital) 35.7% 9.6%
93rd		 12.8%
Gross profitability (GP / assets) 14.1% 14.6%
47th		 19.2%
ROIC, 3-yr average 20.4% 8.7%
97th		 7.8%
ROIC, 5-yr average 14.4% 8.3%
83rd		 8.6%
ROE, 5-yr average 27.2% 9.5%
90th		 12.5%
Incremental ROIC -103.0% 27.1%
6th		 20.5%

Growth

MeasureGEIndustry medianIndustry percentileSector median
Revenue growth (TTM YoY) 21.8% 20.7%
55th		 8.6%
Revenue growth (QoQ) 7.7% 10.2%
40th		 9.9%
Revenue CAGR, 3 yr -5.2% 13.7%
2nd		 5.0%
Revenue CAGR, 5 yr -7.7% 12.1%
2nd		 8.3%
Gross profit CAGR, 3 yr 3.8% 13.8%
19th		 6.5%
Operating income CAGR, 3 yr 53.0% 21.0%
94th		 6.4%
Net income growth (TTM YoY) 15.7% 32.1%
28th		 11.3%
Net income CAGR, 3 yr -3.3% 19.1%
13th		 6.6%
EPS growth (TTM YoY) 17.7% 31.8%
28th		 13.3%
EPS CAGR, 3 yr -1.8% 18.5%
10th		 5.6%
EPS CAGR, 5 yr 98.4% 16.4%
100th		 8.3%
FCF growth (TTM YoY) 52.9% 34.1%
55th		 14.7%
FCF CAGR, 3 yr 19.2% 20.0%
41st		 12.2%
Operating cash flow CAGR, 3 yr 16.8% 22.9%
31st		 8.8%
Book value CAGR, 3 yr -16.0% 10.5%
7th		 7.3%
Dividend CAGR, 3 yr 9.6% 2.5%
86th		 2.7%
Sustainable growth rate 39.9% 11.5%
89th		 11.0%

Margin history & stability

MeasureGEIndustry medianIndustry percentileSector median
Gross margin, 3-yr average 35.2% 26.2%
76th		 30.6%
Operating margin, 3-yr average 17.2% 9.0%
80th		 10.0%
Net margin, 3-yr average 15.5% 6.3%
96th		 6.2%
FCF margin, 3-yr average 13.8% 6.0%
89th		 7.1%
Revenue stability (0-1) 0.75 0.91
21st		 0.81
Earnings stability (0-1) 0.51 0.56
44th		 0.47
Margin stability (0-1) 0.85 0.88
43rd		 0.90

Liquidity (latest quarter)

MeasureGEIndustry medianIndustry percentileSector median
Cash & short-term investments $9.3B $337.2M
98th		 $249.6M
Net cash (− = net debt) −$9.8B −$747.7M
9th		 −$666.5M
Working capital −$733.0M $878.9M
0th		 $376.4M
Current ratio 0.98 2.57
2nd		 1.79
Quick ratio 0.67 1.57
2nd		 1.33
Cash ratio (cash + ST investments / current liabilities) 0.23 0.34
33rd		 0.32
Defensive interval (days) 1,067 days 960 days
57th		 614 days

Leverage & solvency (latest quarter)

MeasureGEIndustry medianIndustry percentileSector median
Total debt $19.2B $917.3M
93rd		 $919.8M
Debt / equity 1.09 0.52
79th		 0.65
Net debt / equity 0.56 0.34
72nd		 0.46
Debt / assets 15.0% 24.3%
31st		 29.3%
Debt / capital 52.1% 34.0%
79th		 39.5%
Debt / EBITDA 1.53 2.38
24th		 2.44
Net debt / EBITDA 0.78 1.88
24th		 1.86
Interest coverage (EBIT / interest) 12.3x 5.1x
77th		 5.0x
Cash interest coverage 10.7x 5.6x
77th		 6.1x
Debt payback (years of OCF) 2.0 yrs 3.1 yrs
26th		 3.2 yrs
Liabilities / assets 86.0% 52.4%
91st		 56.7%
IS credit model rating AA- — —
Implied credit spread (bps) 100 175
22nd		 200

Efficiency

MeasureGEIndustry medianIndustry percentileSector median
Asset turnover 0.40 0.62
25th		 0.75
Fixed asset turnover 6.23 5.00
63rd		 5.14
Inventory turnover 2.8 3.6
30th		 5.0
Receivables turnover 3.9 6.6
13th		 6.7
Days sales outstanding 93 days 56 days
87th		 54 days
Days inventory outstanding 132 days 103 days
70th		 72 days
Days payables outstanding 113 days 39 days
89th		 41 days
Cash conversion cycle (days) 112 days 104 days
55th		 63 days
Capex / revenue 2.8% 3.6%
34th		 3.0%
Capex / depreciation 1.14 1.14
50th		 0.76
Operating expense ratio 16.4% 16.0%
54th		 17.7%

Cash flow & earnings quality

MeasureGEIndustry medianIndustry percentileSector median
Operating cash flow / net income 1.09 1.31
41st		 1.50
FCF / net income 0.94 0.87
56th		 1.15
FCF / operating cash flow 85.7% 72.4%
74th		 74.0%
Capex / operating cash flow 14.3% 27.6%
26th		 26.1%
Accruals ratio -0.7% -2.8%
67th		 -4.0%
Sloan accruals ratio -2.6% -0.3%
40th		 -2.4%
Earnings quality score (0-1) 1.00 1.00
49th		 1.00

Dividends & buybacks

MeasureGEIndustry medianIndustry percentileSector median
Dividend yield 0.6% 0.0%
71st		 0.6%
Dividend per share (TTM) $1.77 $0.00
87th		 $0.44
Payout ratio (dividends / net income) 18.2% 13.6%
56th		 22.5%
Dividends / FCF 19.5% 15.3%
58th		 19.6%
Dividend growth (YoY) 27.9% 8.9%
86th		 5.6%
Buyback yield 2.6% 0.0%
91st		 0.5%
Shareholder yield (dividends + buybacks) 3.1% 0.7%
85th		 2.0%
Share count change (YoY) -1.7% 0.9%
6th		 0.0%
Buybacks, last 5 years $28.1B $14.0M
100th		 $76.0M

Scores & forensic checks

MeasureGEIndustry medianIndustry percentileSector median
IS score 69 55
85th		 53
IS profitability 63 31
91st		 37
IS growth 72 70
61st		 54
IS value 35 43
29th		 47
IS momentum 87 80
59th		 76
IS risk (safety) 90 100
36th		 80
IS quality 73 65
75th		 67
IS balance sheet 56 58
45th		 56
IS earnings quality 70 67
71st		 70
IS cash flow 70 44
80th		 54
Piotroski F-score (0-9) 7 6
53rd		 6
Altman Z-score 3.8 4.8
40th		 3.3
Beneish M-score −2.43 −2.40
44th		 −2.52
Ohlson O-score −6.82 −7.88
71st		 −7.49
IS credit score 84 69
76th		 65

Per share

MeasureGEIndustry medianIndustry percentileSector median
EPS, diluted (TTM) $8.55 $1.65
80th		 $2.21
Book value per share $16.82 $14.45
53rd		 $18.38
Tangible book per share $4.64 $3.65
55th		 $4.39
Revenue per share $48.33 $29.92
65th		 $36.64
FCF per share $8.01 $1.44
84th		 $2.70
Operating cash flow per share $9.35 $2.14
80th		 $4.28
Cash per share $8.91 $2.93
84th		 $3.02

Size (TTM)

MeasureGEIndustry medianIndustry percentileSector median
Market cap $325.6B $6.0B
100th		 $3.9B
Revenue $50.7B $2.0B
93rd		 $2.7B
EBITDA $12.5B $252.5M
98th		 $394.8M
Net income $9.0B $85.5M
100th		 $136.3M
Free cash flow $8.4B $80.1M
96th		 $162.9M
Total assets $127.7B $4.1B
96th		 $3.5B
Shareholders' equity $17.6B $1.6B
93rd		 $1.4B
Employees 57,000 4,020
91st		 6,050

Insider transactions, last 6 months

Form 4 · most recent 12
DateInsiderTypeSharesPriceValueOwned after
2026-09-30Bush Wesley G
Director
 Award / grant 120——341
2026-09-30Bazin Sebastien
Director
 Award / grant 117——1,434
2026-09-30Althoff Judson
Director
 Award / grant 35——35
2026-08-11Giglietti Robert M.
Vice President
 Open-market sale 5,344$369.88$2.0M25,099
2026-08-11Giglietti Robert M.
Vice President
 Open-market sale 4,898$369.97$1.8M20,201
2026-07-24Ali Mohamed
Senior Vice President
 Option exercise 3,035$90.01$273,18023,701
2026-07-24Ali Mohamed
Senior Vice President
 Open-market sale 1,769$353.75$625,78421,932
2026-07-24Ali Mohamed
Senior Vice President
 Open-market sale 1,266$353.74$447,83520,666
2026-07-24Ali Mohamed
Senior Vice President
 Open-market sale 2,782$353.72$984,04922,945
2026-07-24Ali Mohamed
Senior Vice President
 Open-market sale 2,279$353.64$805,94620,666
2026-07-24Ali Mohamed
Senior Vice President
 Option exercise 3,035$90.01$273,1800
2026-07-23Procacci Riccardo
Senior Vice President
 Option exercise 1,517$146.33$221,98333,548

Shares acquired vs disposed, by month

acquired disposed · all Form 4 types
MarMayJunJulAugSep

By transaction type, 6 months

TypeDirectionFilingsSharesValue
Award / grantAcquired146,425—
Open-market saleDisposed819,855$7.2M
Option exerciseAcquired1018,538$495,163
Option exerciseDisposed1018,538$495,163
Tax withholdingDisposed86,455$1.8M
—Disposed10—
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.

Form 144 notices

12 months: 6 notices · 52,776 shares · $16.5M
FiledFilerShares proposedEst. proceeds
2026-07-24Mohamed Ali8,096$2.9M
2026-07-23Riccardo Procacci1,517$527,809
2026-02-03Riccardo Procacci800$248,089
2026-02-02Amy Gowder4,000$1.2M
A Form 144 is notice of a proposed sale, not a confirmed one.

Congress trades

12 months: House 26 trades (15 purchases) · Senate 0 (0 purchases)
TradedMemberChamberTypeAmountDisclosed
2026-09-24Maria Elvira SalazarHouseSale$1,001 - $15,0002026-10-08
2026-06-16Laurel LeeHouseSale$1,001 - $15,0002026-07-20
2026-06-16Laurel LeeHouseSale (Full)$1,001 - $15,0002026-07-20
2026-06-16Matt Van EppsHouseSale$1,001 - $15,0002026-06-17
2025-07-31John BoozmanSenatePurchase$1,001 - $15,0002025-08-06
2025-07-31John BoozmanSenatePurchase$1,001 - $15,0002025-08-06
2025-07-31John BoozmanSenatePurchase$1,001 - $15,0002025-08-05
2024-12-27Shelley Moore CapitoSenatePurchase$1,001 - $15,0002025-01-06
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.

Largest 13F holders

Quarter to 2026-06-30, the latest most managers have filed
ManagerSharesValue% of shares out
BlackRock, Inc.89,158,626$33.3B8.59%
VANGUARD CAPITAL MANAGEMENT LLC68,137,128$25.5B6.57%
FMR LLC49,021,400$18.3B4.72%
TCI Fund Management Ltd47,428,233$17.7B4.57%
STATE STREET CORP46,497,628$17.4B4.48%
Capital Research Global Investors30,942,708$11.6B2.98%
GEODE CAPITAL MANAGEMENT, LLC24,828,857$9.3B2.39%
PRICE T ROWE ASSOCIATES INC /MD/20,622,890$7.7B1.99%
Capital International Investors18,310,646$6.8B1.76%
VANGUARD PORTFOLIO MANAGEMENT LLC16,789,108$6.3B1.62%
Capital World Investors15,684,572$5.9B1.51%
NORGES BANK13,691,596$5.1B1.32%
MORGAN STANLEY13,499,620$5.0B1.30%
JPMORGAN CHASE & CO13,036,235$4.9B1.26%
Fisher Asset Management, LLC11,588,047$4.3B1.12%

Institutional ownership by quarter

2023-092026-0680.3%
% of shares held by 13F filers
2023-092026-063,443
Number of 13F filers holding

Holder changes by quarter

QuarterHoldersOwnershipNewIncreasedReducedClosed
2026-06-303,44380.3%3991,4341,162138
2026-03-313,21678.4%2311,4431,069168
2025-12-313,21180.2%4291,3091,00186
2025-09-302,93678.9%2981,238890116
2025-06-302,79881.2%3521,173887118
2025-03-312,60380.9%3281,022867120
2024-12-312,43581.5%320965772181
2024-09-302,34781.3%29792373290
2024-06-302,16481.9%245903664186
2024-03-312,13279.8%344755710151
2023-12-311,96678.4%31665072485
2023-09-301,76578.6%16163165482

Schedule 13D / 13G filers

FiledFormFiler% of classShares
2026-04-29SCHEDULE 13GVanguard Capital Management7.3%76,639,988
2026-03-26SCHEDULE 13G/AThe Vanguard Group0.0%0
2025-05-13SCHEDULE 13G/ACapital International Investors4.6%48,957,265
2025-01-31SCHEDULE 13G/ABlackRock, Inc.7.6%82,447,476
Required above 5% of a class; 13G is the passive form.

ETFs with the largest holding

ETFWeight in fundHolding value
VITSX0.44%$10.3B
VTI0.44%$10.3B
VTSAX0.44%$10.3B
VSMPX0.44%$10.3B
VFFSX0.49%$8.5B
VFIAX0.49%$8.5B

Share structure

Shares outstanding1,037,562,513
Float1,033,744,283
Free float99.6%

Income statement

Fiscal years, USD
FY2021FY2022FY2023FY2024FY2025
Revenue$56.5B$29.1B$35.3B$38.7B$45.9B
Cost of revenue$43.4B$19.0B$22.9B$24.3B$29.0B
Gross profit$13.1B$10.2B$12.4B$14.4B$16.9B
R&D$1.7B$808.0M$1.0B$1.3B$1.6B
SG&A$10.4B$5.7B$6.7B$6.3B$4.1B
Operating income$1.1B$3.6B$4.7B$6.8B$8.8B
EBITDA−$1.5B$4.0B$12.6B$9.8B$12.1B
Pretax income−$5.7B$1.5B$10.4B$7.6B$10.0B
Income tax−$757.0M$169.0M$994.0M$962.0M$1.4B
Net income−$6.3B$336.0M$9.5B$6.6B$8.7B
EPS, diluted$-6.16$0.04$8.36$5.99$8.16
Diluted shares1.1B1.1B1.1B1.1B1.1B

Balance sheet

FY2021FY2022FY2023FY2024FY2025
Cash & short-term investments$28.1B$23.4B$20.9B$14.6B$12.4B
Receivables$20.5B$17.3B$11.6B$12.3B$15.3B
Inventory$15.8B$14.9B$8.3B$9.8B$11.9B
Total current assets$66.3B$58.4B$42.6B$37.6B$40.6B
PP&E, net$15.6B$12.2B$7.2B$7.3B$8.0B
Goodwill & intangibles$35.5B$19.1B$13.6B$12.8B$13.3B
Total assets$198.9B$188.9B$176.1B$125.8B$130.2B
Accounts payable$16.2B$15.4B$6.8B$7.5B$10.1B
Total current liabilities$52.0B$49.4B$32.1B$34.4B$39.0B
Long-term debt$30.8B$20.3B$19.4B$17.2B$18.8B
Total liabilities$157.1B$153.9B$147.5B$106.2B$111.3B
Shareholders' equity$41.8B$34.9B$28.6B$19.6B$18.9B

Cash flow statement

Outflows are negative
FY2021FY2022FY2023FY2024FY2025
Net income−$3.3B−$795.0M$9.5B$6.7B$8.7B
Depreciation & amortization$3.0B$2.9B$2.1B$1.2B$1.2B
Stock-based compensation$0$263.0M$360.0M$33.0M$0
Change in working capital−$3.4B$1.6B$2.4B−$1.0B−$470.0M
Operating cash flow$3.5B$5.9B$5.2B$4.7B$8.5B
Capital expenditure−$1.1B−$1.2B−$1.6B−$1.0B−$1.3B
Free cash flow$2.4B$4.7B$3.6B$3.7B$7.3B
Investing cash flow$21.4B$2.3B$4.0B−$1.7B−$1.2B
Net debt issued / repaid−$36.9B−$11.1B−$3.4B−$786.0M$199.0M
Buybacks−$107.0M−$1.0B−$1.2B−$5.8B−$7.6B
Dividends paid−$575.0M−$639.0M−$589.0M−$1.0B−$1.5B

Ratio history

Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end
FY2021FY2022FY2023FY2024FY2025
Gross margin27.4%25.0%29.2%37.2%36.9%
Operating margin5.1%1.7%8.1%17.5%20.2%
Net margin-4.7%0.6%18.2%16.9%19.0%
FCF margin2.7%7.0%7.4%9.5%15.8%
ROE-9.3%1.0%31.0%28.1%45.8%
ROIC6.0%2.4%13.5%23.5%29.7%
ROA-1.5%0.2%5.2%4.3%6.8%
Debt / equity0.940.780.791.051.10
Interest coveragen/m0.9x10.5x8.7x12.9x
Current ratio1.281.181.331.091.04
Revenue growth−3.2%−15.1%−17.6%−25.5%+18.6%
EPS growth−161.6%+110.4%+2,491.0%−29.9%+35.0%
P/E at year endn/m154.5x11.7x27.5x37.8x
EV / EBITDA at year end61.0x13.3x8.7x19.0x27.9x
FCF yield at year end3.11%7.86%3.47%2.04%2.21%
Dividend payout—175.1%6.2%15.4%16.7%

Revenue by segment

FY2021FY2022FY2023FY2024FY2025
Operating Segments————$43.9B
Commercial Engines & Services———$26.9B$33.3B
Aerospace—$26.1B$31.8B——
Aerospace Segment$21.3B$26.1B$31.8B——
Service———$24.8B—
Aviation$21.3B————
HealthCare—$18.5B———
Power$16.9B$16.3B$17.7B——
Power Segment$16.9B$16.9B$17.7B——
Healthcare$17.7B————
Renewable Energy Segment$15.7B$13.0B$15.1B——
Renewable Energy$15.7B$13.0B$15.1B——
Defense & Propulsion Technologies———$9.5B$10.6B
Product———$10.3B—
Insurance Revenue———$3.6B—
Corporate Items And Eliminations—$2.8B$3.4B——
Corporate items and eliminations—$2.8B$3.4B——
Corporate$2.6B————
Corporate & Other———$2.3B$2.0B
Capital Segment————$2.0B

Revenue by region · FY2025

Non-US$27.7B · 31%
UNITED STATES$18.2B · 21%
Asia, Excluding China Region$10.8B · 12%
Asia$10.8B · 12%
Europe$8.6B · 10%
Middle East and Africa$4.6B · 5%
Americas Excluding U.S.$3.7B · 4%
Americas$3.7B · 4%

Street estimates by fiscal year

Next report 2026-10-20 · consensus EPS $2.01 · these are analysts' numbers, not ours
Fiscal yearRevenue (mean)Revenue rangeEPS (mean)EPS rangeAnalystsP/E on mean EPS
2026$50.3B$49.9B – $51.8B$7.93$7.84 – $8.021339.6x
2027$55.9B$54.7B – $58.5B$9.12$8.82 – $9.371034.4x
2028$60.9B$58.3B – $63.5B$10.38$9.39 – $11.191030.2x

Reported vs expected, every quarter on file

ReportedEPS expectedEPS actualEPS surpriseRevenue expectedRevenue actualRevenue surprise
2026-07-16$1.86$2.02+8.6%$11.9B$12.6B+6.3%
2026-04-21$1.60$1.86+16.2%$10.7B$11.6B+8.4%
2026-01-22$1.43$1.57+9.8%$11.2B$11.9B+5.5%
2025-10-21$1.46$1.66+13.7%$10.4B$12.2B+17.7%
2025-07-17$1.43$1.66+16.1%$9.5B$11.0B+15.4%
2025-04-22$1.27$1.49+17.3%$9.1B$9.9B+9.8%
2025-01-23$1.05$1.32+25.7%$9.5B$10.8B+14.0%
2024-10-22$1.13$1.15+1.8%$9.0B$9.8B+9.1%
2024-07-23$0.99$1.20+21.2%$8.5B$9.1B+7.5%
2024-04-23$0.71$0.82+15.3%$15.2B$16.1B+5.3%
2024-01-23$0.91$1.03+13.2%$17.4B$19.4B+11.7%
2023-10-24$0.56$0.82+46.4%$15.7B$17.3B+10.4%
2023-07-25$0.46$0.68+47.8%$15.0B$8.8B−41.6%
2023-04-25$0.13$0.27+107.7%$13.4B$14.5B+8.4%
2023-01-24$1.13$1.24+9.7%$21.2B$21.8B+2.7%
2022-10-25$0.47$0.35−25.5%$18.4B$19.1B+3.7%
2022-07-26$0.38$0.78+105.3%$17.4B$18.6B+7.4%
2022-04-26$0.20$0.24+20.0%$16.9B$17.0B+0.9%
2022-01-25$0.83$0.92+10.8%$17.4B$20.3B+17.0%
2021-10-26$0.41$0.57+39.0%$19.6B$18.4B−5.8%
2021-07-27$0.24$0.40+66.7%$15.1B$18.3B+21.2%
2021-04-27$0.16$0.24+50.0%$17.8B$17.1B−4.1%
2021-01-26$0.64$0.640.0%$24.4B$21.9B−10.0%
2020-10-28$-0.48$0.48+200.0%$12.9B$19.4B+50.0%

Off-exchange (dark pool) volume, weekly

FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)
1.506-152.506-221.406-291.807-062.107-131.607-201.507-271.408-030.908-101.708-171.308-241.008-31
Week ofNotionalSharesTrades
2026-08-31$1.0B3,075,40599,446
2026-08-24$1.3B3,762,265121,220
2026-08-17$1.7B4,627,857130,621
2026-08-10$921.9M2,521,49497,793
2026-08-03$1.4B3,708,759119,487
2026-07-27$1.5B4,056,304129,561

Short-sale share of off-exchange volume

daily 20-day average
07-2310-1544.3%
DateShort shareShort volumeTotal volume
2026-10-1544.3%562,6201,270,624
2026-10-1445.0%610,6081,356,223
2026-10-1360.9%732,1141,201,306
2026-10-1244.9%393,386876,756
2026-10-0935.7%378,3671,058,959
2026-10-0844.5%715,1181,607,494
2026-10-0750.7%627,6371,238,607
2026-10-0630.6%406,1671,326,092
2026-10-0535.3%611,2221,732,793
2026-10-0255.6%940,2161,692,519
A daily flow measure from FINRA, not short interest.

Seasonality

Average return by calendar month
+1.1Jan+0.9Feb+2.0Mar+0.9Apr+0.1May-1.5Jun+2.0Jul-1.8Aug+2.4Sep+0.5Oct+1.7Nov+2.6Dec
MonthAvg returnUp yearsYears
Jan+1.1%50%20
Feb+0.9%65%20
Mar+2.0%52%21
Apr+0.9%50%20
May+0.1%55%20
Jun−1.5%35%20
Jul+2.0%55%20
Aug−1.8%45%20
Sep+2.4%55%20
Oct+0.5%40%20
Nov+1.7%55%20
Dec+2.6%70%20
History, not a forecast.

Indicators

as of 2026-10-16
RSI 1447.1
MFI43.0
ADX22.9
Stochastic %K / %D51.1 / 42.4
Williams %R-36.2
CCI42
TSI / signal-21.2 / -24.7
Chaikin money flow-0.09
ATR$7.52
Bollinger width7.5%
Volume vs 20-day avg1.05x
SupertrendDown

Moving averages and bands

level (price vs level)
SMA 20$312.64 (+0.4%)
SMA 50$330.03 (−4.9%)
SMA 200$323.01 (−2.8%)
EMA 21$313.62 (+0.1%)
EMA 50$324.05 (−3.2%)
EMA 200$319.03 (−1.6%)
Bollinger upper$324.41 (−3.3%)
Bollinger lower$300.86 (+4.3%)
Parabolic SAR$296.61 (+5.8%)
Open the live chart, 110+ indicators

About GE Aerospace

Based in Evendale, Ohio, GE Aerospace is a prominent American aviation enterprise with roots tracing back to its 1878 founding by Thomas Alva Edison. The company specializes in manufacturing and supplying jet and turboprop engines, along with integrated systems, for an extensive range of aircraft, including those in commercial, military, business, and general aviation use. Its robust brand lineup features Avio Aero, Unison, GE Additive, and Dowty Propellers. GE Aerospace organizes its activities into two core segments: Commercial Engines & Services, and Defense & Propulsion Technologies. The Commercial Engines & Services division oversees the design, development, production, and maintenance of jet engines for commercial airframes, business aviation, and aeroderivative applications. Meanwhile, the Defense & Propulsion Technologies segment is dedicated to providing vital engines and critical systems for defense-related aerospace needs.

https://www.geaerospace.com

Key executives

NameTitlePayBorn
H. Lawrence Culp Jr.Chairman & Chief Executive Officer$10.3M1963
Rahul GhaiSenior Vice President & Chief Financial Officer$3.3M1972
John R. PhillipsSenior Vice President, General Counsel & Secretary$2.4M1978
Mohamed AliPresident & CEO of Commercial Engines and Services$2.4M1970
Christian E. MeisnerChief Human Resources Officer$2.3M1970
Brandon SmithVice President, Chief Corporate, Securities & Finance Counsel——
Christoph A. PereiraCEO of SaaS & Aerospace Carbon Solutions and Sustainability—1973
David BurnsChief Information Officer——

Executive pay, latest proxy

ExecutiveYearSalaryStock awardsIncentiveTotal
John G. Rice Vice Chairman2012$2.2M$0$9.4M$43.8M
Jeffrey R. Immelt Chairman of the Board and CEO2012$3.3M$0$12.1M$43.6M
Michael A. Neal Vice Chairman2012$2.1M$0$9.1M$40.3M
Keith S. Sherin Vice Chairman and CFO2012$1.9M$0$8.6M$34.6M
Brackett B. Denniston III SVP, General Counsel and Secretary2012$1.6M$0$6.7M$28.2M

Employees

283k2018205k2019174k2020168k2021172k2022125k202353k202457k2025

Dividends

Ex-dateAmountPaid
2026-10-05$0.472026-10-26
2026-07-06$0.472026-07-27
2026-03-09$0.472026-04-27
2025-12-29$0.362026-01-26
2025-09-29$0.362025-10-27
2025-07-07$0.362025-07-25
2025-03-10$0.362025-04-25
2024-12-27$0.282025-01-27

Moat model

Weak · Efficient Scale · 2026-06-30
Cost advantage65
Intangibles55
Switching costs32
Network effect45
Efficient scale85
Our component scores (0-100) and overall 54.3; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17

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