ge aerospace - GE

GE

Close Chg Chg %
178.69 2.42 1.35%

Closed Market

181.11

+2.42 (1.35%)

Volume: 3.41M

Last Updated:

Nov 22, 2024, 3:59 PM EDT

Company Overview: ge aerospace - GE

GE Key Data

Open

$179.25

Day Range

178.92 - 181.74

52 Week Range

95.27 - 194.80

Market Cap

$193.41B

Shares Outstanding

1.08B

Public Float

1.08B

Beta

1.19

Rev. Per Employee

N/A

P/E Ratio

31.52

EPS

$5.73

Yield

51.48%

Dividend

$0.28

EX-DIVIDEND DATE

Sep 26, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

4.50M

 

GE Performance

1 Week
 
2.39%
 
1 Month
 
1.14%
 
3 Months
 
5.80%
 
1 Year
 
87.29%
 
5 Years
 
213.02%
 

GE Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 20
Full Ratings ➔

About ge aerospace - GE

GE Aerospace is an American aircraft company, which provides jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft. Its portfolio of brands includes Avio Aero, Unison, GE Additive and Dowty Propellers. The company was founded by Thomas Alva Edison in 1878 and is headquartered in Cincinnati, OH.

GE At a Glance

GE Aerospace
1 Neumann Way
Cincinnati, Ohio 45215
Phone 1-617-443-3000 Revenue 67.96B
Industry Industrial Machinery Net Income 9.47B
Sector Producer Manufacturing Employees 125,000
Fiscal Year-end 12 / 2024
View SEC Filings

GE Valuation

P/E Current 31.518
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 15.286
Price to Sales Ratio 2.064
Price to Book Ratio 5.074
Price to Cash Flow Ratio 27.084
Enterprise Value to EBITDA 22.753
Enterprise Value to Sales 2.086
Total Debt to Enterprise Value 0.162

GE Efficiency

Revenue/Employee 543,640.00
Income Per Employee 75,792.00
Receivables Turnover 4.005
Total Asset Turnover 0.387

GE Liquidity

Current Ratio 1.175
Quick Ratio 0.851
Cash Ratio 0.446

GE Profitability

Gross Margin 26.076
Operating Margin 6.107
Pretax Margin 14.997
Net Margin 13.942
Return on Assets 5.168
Return on Equity 28.445
Return on Total Capital 18.018
Return on Invested Capital 15.575

GE Capital Structure

Total Debt to Total Equity 83.779
Total Debt to Total Capital 45.587
Total Debt to Total Assets 14.068
Long-Term Debt to Equity 79.202
Long-Term Debt to Total Capital 43.096
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Ge Aerospace - GE

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
79.89B 74.17B 76.57B 67.95B
Sales Growth
-15.95% -7.16% +3.23% -11.25%
Cost of Goods Sold (COGS) incl D&A
59.89B 53.54B 55.28B 50.23B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
6.02B 3.01B 3.54B 2.08B
Depreciation
4.64B 1.87B 1.80B 1.47B
Amortization of Intangibles
1.38B 1.14B 1.74B 606.00M
COGS Growth
-10.04% -10.61% +3.27% -9.13%
Gross Income
20.00B 20.64B 21.29B 17.72B
Gross Income Growth
-29.77% +3.17% +3.14% -16.75%
Gross Profit Margin
+25.04% +27.82% +27.80% +26.08%
2020 2021 2022 2023 5-year trend
SG&A Expense
14.16B 13.76B 14.55B 10.68B
Research & Development
2.56B 2.50B 2.81B 1.91B
Other SG&A
11.60B 11.27B 11.74B 8.78B
SGA Growth
-11.33% -2.81% +5.72% -26.57%
Other Operating Expense
2.78B 2.42B 2.73B 2.89B
Unusual Expense
3.60B 7.34B 2.74B (4.20B)
EBIT after Unusual Expense
(534.00M) (2.89B) 1.26B 8.35B
Non Operating Income/Expense
8.96B 966.00M 1.73B 2.94B
Non-Operating Interest Income
- - - 739.00M
-
Equity in Earnings of Affiliates
27.00M (96.00M) 233.00M 237.00M
Interest Expense
3.23B 1.76B 1.59B 1.11B
Interest Expense Growth
-25.28% -45.43% -9.98% -30.18%
Gross Interest Expense
3.23B 1.76B 1.59B 1.11B
Interest Capitalized
- - - -
-
Pretax Income
5.20B (3.68B) 1.41B 10.19B
Pretax Income Growth
+352.31% -170.87% +138.34% +621.74%
Pretax Margin
+6.50% -4.97% +1.84% +15.00%
Income Tax
(475.00M) (286.00M) 476.00M 1.16B
Income Tax - Current - Domestic
1.02B (1.43B) 66.00M (283.00M)
Income Tax - Current - Foreign
1.33B 1.15B 1.04B 823.00M
Income Tax - Deferred - Domestic
(2.03B) (617.00M) (1.10B) 32.00M
Income Tax - Deferred - Foreign
(793.00M) 608.00M 466.00M 590.00M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
27.00M (96.00M) 233.00M 237.00M
Other After Tax Income (Expense)
- - (14.00M) (9.00M)
-
Consolidated Net Income
5.66B (3.40B) 936.00M 9.03B
Minority Interest Expense
(7.00M) (71.00M) 67.00M (37.00M)
Net Income
5.67B (3.33B) 869.00M 9.07B
Net Income Growth
+1,261.78% -158.85% +126.06% +943.27%
Net Margin Growth
+7.09% -4.49% +1.13% +13.34%
Extraordinaries & Discontinued Operations
(93.00M) 660.00M (840.00M) 408.00M
Discontinued Operations
(93.00M) 660.00M (840.00M) 408.00M
Net Income After Extraordinaries
5.57B (2.67B) 29.00M 9.47B
Preferred Dividends
474.00M 237.00M 285.00M 295.00M
Net Income Available to Common
5.10B (2.91B) (256.00M) 9.18B
EPS (Basic)
4.6594 -2.6512 -0.2336 8.4298
EPS (Basic) Growth
+2,053.14% -156.90% +91.19% +3,708.65%
Basic Shares Outstanding
1.09B 1.10B 1.10B 1.09B
EPS (Diluted)
4.6552 -2.6512 -0.2336 8.3494
EPS (Diluted) Growth
+2,051.20% -156.95% +91.19% +3,674.23%
Diluted Shares Outstanding
1.10B 1.10B 1.10B 1.10B
EBITDA
9.08B 7.46B 7.55B 6.23B
EBITDA Growth
-36.75% -17.78% +1.10% -17.46%
EBITDA Margin
+11.36% +10.06% +9.86% +9.17%

Snapshot

Average Recommendation BUY Average Target Price 211.20
Number of Ratings 20 Current Quarters Estimate 1.054
FY Report Date 12 / 2024 Current Year's Estimate 4.316
Last Quarter’s Earnings 1.15 Median PE on CY Estimate N/A
Year Ago Earnings 2.241 Next Fiscal Year Estimate 5.245
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 15 9 16 16
Mean Estimate 1.05 1.16 4.32 5.24
High Estimates 1.15 1.25 4.43 5.60
Low Estimate 0.91 1.07 4.20 4.96
Coefficient of Variance 5.40 5.86 1.44 3.03

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 14 14 14
OVERWEIGHT 4 4 2
HOLD 2 2 1
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Buy

Insider Actions for Ge Aerospace - GE

Date Name Shares Transaction Value
Nov 8, 2024 Amy L. Gowder Senior Vice President 9,433 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $162.71 per share 1,534,843.43
Nov 8, 2024 Riccardo Procacci Senior Vice President 13,289 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $181.13 per share 2,407,036.57
Nov 8, 2024 Amy L. Gowder Senior Vice President 16,391 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Nov 8, 2024 Amy L. Gowder Senior Vice President 16,391 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jul 3, 2024 Stephen F. Angel Director 154 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Sébastien Marie Bazin Director 131 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 24, 2024 Riccardo Procacci Senior Vice President 14,145 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $159.9 per share 2,261,785.50
May 24, 2024 Robert Giglietti Vice President 11,575 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $128.97 per share 1,492,827.75
May 24, 2024 Robert Giglietti Vice President 6,448 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $160.19 per share 1,032,905.12
May 24, 2024 Robert Giglietti Vice President N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 24, 2024 Riccardo Procacci Senior Vice President N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 15, 2024 Darren W. McDew 1,514 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 15, 2024 Darren W. McDew 1,165 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 9, 2024 Edward Patrick Garden Director 14,223 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 9, 2024 Isabella D. Goren Director 1,165 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 9, 2024 Edward Patrick Garden Director 1,165 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 9, 2024 Isabella D. Goren Director 4,121 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 9, 2024 Margaret S. Billson Director 473 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 9, 2024 Sébastien Marie Bazin Director 25,965 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 9, 2024 Thomas W. Horton Director 15,523 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Ge Aerospace in the News