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General Electric Co
Previous close
$179.74
Day range
$178.30 - $181.42
Year range
$84.32 - $194.80
Market cap
194.20B USD
Avg Volume
4.83M
P/E ratio
31.48
Dividend yield
0.63%
Primary exchange
NYSE
Top news
Q3 earnings report for General Electric
Financials
Income Statement
Revenue
Net income
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Revenue | 9.84B | 5.81% |
Operating expense | 1.13B | -5.90% |
Net income | 1.85B | 426.14% |
Net profit margin | 18.82 | 397.88% |
Earnings per share | 1.15 | 40.24% |
EBITDA | 2.11B | 24.72% |
Effective tax rate | 10.46% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 15.56B | -13.96% |
Total assets | 126.70B | -19.13% |
Total liabilities | 107.60B | -15.17% |
Total equity | 19.10B | — |
Shares outstanding | 1.08B | — |
Price to book | 10.31 | — |
Return on assets | 3.59% | — |
Return on capital | 11.25% | — |
Cash Flow
Net change in cash
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Net income | 1.85B | 426.14% |
Cash from operations | 1.51B | -17.28% |
Cash from investing | 1.49B | -39.22% |
Cash from financing | -1.46B | 61.85% |
Net change in cash | 1.62B | 476.24% |
Free cash flow | 1.49B | 17.45% |
About
General Electric Company was an American multinational conglomerate founded in 1892, incorporated in the state of New York and headquartered in Boston. The company had several divisions, including aerospace, energy, healthcare, and finance.
In 2020, GE ranked among the Fortune 500 as the 33rd largest firm in the United States by gross revenue. In 2023, the company was ranked 64th in the Forbes Global 2000. In 2011, GE ranked among the Fortune 20 as the 14th most profitable company, but later very severely underperformed the market as its profitability collapsed. Two employees of GE—Irving Langmuir and Ivar Giaever —have been awarded the Nobel Prize.
Following the Great Recession of the late 2000s decade, General Electric began selling off various divisions and assets, including its appliances and financial capital divisions, under Jeff Immelt's leadership as CEO. John Flannery, Immelt's replacement in 2017, further divested General Electric's assets in locomotives and lighting in order to focus the company more on aviation. Wikipedia
Founded
Apr 15, 1892
Website
Employees
125,000
