GE Aerospace Financials
GE Stock | USD 181.15 2.45 1.37% |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Debt Equity Ratio | 0.73 | 0.7657 |
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Operating Income | 3.4 B | 3.6 B |
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Current Ratio | 1.12 | 1.1754 |
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The financial analysis of GE Aerospace is a critical element in measuring its lifeblood. Investors should not minimize GE Aerospace's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.
Cash And Equivalents |
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GE Aerospace | Select Account or Indicator |
Understanding current and past GE Aerospace Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of GE Aerospace's financial statements are interrelated, with each one affecting the others. For example, an increase in GE Aerospace's assets may result in an increase in income on the income statement.
Please note, the presentation of GE Aerospace's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, GE Aerospace's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of GE Aerospace's management manipulating its earnings.
GE Aerospace Stock Summary
GE Aerospace competes with Illinois Tool, Dover, Cummins, Eaton PLC, and Parker Hannifin. General Electric Company operates as a high-tech industrial company in Europe, China, Asia, the Americas, the Middle East, and Africa. General Electric Company was incorporated in 1892 and is headquartered in Boston, Massachusetts. General Electric operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 168000 people.Specialization | Industrials, Aerospace & Defense |
Instrument | USA Stock View All |
Exchange | New York Stock Exchange |
ISIN | US3696043013 |
CUSIP | 369604103 369604301 369604129 |
Location | Massachusetts; U.S.A |
Business Address | 1 Neumann Way, |
Sector | Industrial Conglomerates |
Industry | Industrials |
Benchmark | Dow Jones Industrial |
Website | www.geaerospace.com |
Phone | 617 443 3000 |
Currency | USD - US Dollar |
GE Aerospace Key Financial Ratios
Return On Equity | 0.23 | ||||
Profit Margin | 0.09 % | ||||
Operating Margin | 0.18 % | ||||
Price To Sales | 2.80 X | ||||
Revenue | 67.95 B |
GE Aerospace Key Balance Sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 266B | 253.5B | 198.9B | 188.9B | 163.0B | 154.9B | |
Other Current Liab | 1.7B | 34.4B | 30.8B | 19.4B | 37.9B | 39.8B | |
Net Debt | 9.2B | 38.4B | 19.4B | 10.3B | 6.0B | 5.7B | |
Retained Earnings | 87.7B | 92.2B | 85.1B | 83.0B | 86.5B | 85.6B | |
Cash | 84.9B | 36.6B | 15.8B | 15.8B | 17.0B | 16.1B | |
Net Receivables | 19.9B | 23.7B | 20.5B | 17.8B | 17.0B | 16.1B | |
Inventory | 14.1B | 15.9B | 15.8B | 14.9B | 16.5B | 12.0B | |
Total Liab | 236.2B | 216.4B | 157.3B | 153.9B | 134.5B | 127.7B | |
Total Current Assets | 128B | 88.4B | 66.3B | 58.4B | 59.8B | 56.8B | |
Short Term Debt | 90.9B | 4.7B | 4.4B | 3.7B | 1.3B | 1.2B | |
Intangible Assets | 10.7B | 9.8B | 9.3B | 6.1B | 5.7B | 5.4B | |
Accounts Payable | 15.9B | 16.5B | 16.2B | 10.0B | 10.7B | 16.2B | |
Other Current Assets | 9.1B | 2.1B | 2.3B | 83M | 8.2B | 7.8B | |
Good Will | 26.7B | 25.5B | 26.2B | 13.0B | 13.4B | 12.7B | |
Other Liab | 68.6B | 47.6B | 37.3B | 28.9B | 26.0B | 24.7B | |
Long Term Debt | 68.8B | 70.3B | 30.8B | 28.6B | 19.7B | 18.7B | |
Treasury Stock | (82.8B) | (82.0B) | (81.1B) | (81.2B) | (73.1B) | (69.4B) | |
Net Tangible Assets | (9.1B) | 10.0B | 4.8B | 10.6B | 9.5B | 6.8B |
GE Aerospace Key Income Statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 4.2B | 3.5B | 1.8B | 1.5B | 1.1B | 1.1B | |
Total Revenue | 95.2B | 75.8B | 56.5B | 76.6B | 68.0B | 113.3B | |
Gross Profit | 25.2B | 18.0B | 13.1B | 13.8B | 17.6B | 16.7B | |
Operating Income | 1.3B | 409M | 1.1B | 1.9B | 3.6B | 3.4B | |
Ebit | 1.3B | (632M) | 1.0B | 1.9B | 5.8B | 5.5B | |
Ebitda | 6.9B | 2.8B | 3.4B | 4.8B | 7.9B | 7.5B | |
Cost Of Revenue | 70.0B | 57.9B | 43.4B | 55.5B | 50.4B | 65.3B | |
Income Before Tax | 1.1B | 6.0B | (5.7B) | (799M) | 10.2B | 8.2B | |
Net Income | 423M | 5.7B | (6.3B) | 292M | 9.5B | 5.9B | |
Income Tax Expense | 726M | (487M) | (757M) | 476M | 1.2B | 1.8B | |
Research Development | 3.1B | 2.6B | 1.7B | 2.8B | 1.9B | 3.7B | |
Minority Interest | 73M | (316M) | 71M | 67M | 21M | 20.0M | |
Tax Provision | 726M | (474M) | (286M) | 476M | 1.0B | 1.1B | |
Interest Income | 1.2B | 2.6B | 2.1B | 681M | 721M | 1.3B | |
Extraordinary Items | (5.4B) | (174M) | (3.2B) | (644M) | (740.6M) | (777.6M) | |
Net Interest Income | (475M) | (3.3B) | (1.9B) | (1.6B) | (578M) | (606.9M) |
GE Aerospace Key Cash Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change To Inventory | (1.1B) | 1.1B | (702M) | (1.9B) | (1.5B) | (1.4B) | |
Change In Cash | 891M | 531M | (21.5B) | (395M) | (732M) | (695.4M) | |
Free Cash Flow | 2.7B | 194M | 2.0B | 4.7B | 3.6B | 3.4B | |
Depreciation | 5.6B | 6.0B | 3.0B | 2.9B | 2.1B | 2.0B | |
Other Non Cash Items | 6.4B | (13.2B) | 1.6B | 2.2B | (10.3B) | (9.7B) | |
Dividends Paid | 649M | 648M | 575M | 639M | 589M | 559.6M | |
Capital Expenditures | 6.1B | 3.4B | 1.4B | 1.2B | 1.6B | 1.5B | |
Net Income | (4.9B) | 5.5B | (6.6B) | (795M) | 9.5B | 6.4B | |
End Period Cash Flow | 36.4B | 37.6B | 16.1B | 16.5B | 18.4B | 32.5B | |
Change Receivables | (430M) | (2.9B) | (1.3B) | (3.0B) | (2.7B) | (2.6B) | |
Net Borrowings | 280M | (4.2B) | (36.9B) | 65M | 74.8M | 78.5M | |
Change To Netincome | 5.8B | (11.2B) | 7.7B | 1.6B | 1.4B | 1.3B | |
Investments | 1.1B | 397M | (1.3B) | 4.7B | 3.0B | 3.1B |
GE Aerospace Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining GE Aerospace's current stock value. Our valuation model uses many indicators to compare GE Aerospace value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across GE Aerospace competition to find correlations between indicators driving GE Aerospace's intrinsic value. More Info.GE Aerospace is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.13 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for GE Aerospace is roughly 7.47 . At present, GE Aerospace's Return On Equity is projected to increase slightly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value GE Aerospace by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.GE Aerospace Systematic Risk
GE Aerospace's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. GE Aerospace volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on GE Aerospace correlated with the market. If Beta is less than 0 GE Aerospace generally moves in the opposite direction as compared to the market. If GE Aerospace Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one GE Aerospace is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of GE Aerospace is generally in the same direction as the market. If Beta > 1 GE Aerospace moves generally in the same direction as, but more than the movement of the benchmark.
GE Aerospace Thematic Clasifications
GE Aerospace is part of several thematic ideas from Electrical Equipment to Macroaxis Picks. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasElectrical Equipment | View | ||
Macroaxis Picks | View | ||
Alternative Energy | View | ||
Investor Favorites | View | ||
Giant Impact | View | ||
Artificial Intelligence | View | ||
Dividend Beast | View |
Today, most investors in GE Aerospace Stock are looking for potential investment opportunities by analyzing not only static indicators but also various GE Aerospace's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of GE Aerospace growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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GE Aerospace November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of GE Aerospace help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of GE Aerospace. We use our internally-developed statistical techniques to arrive at the intrinsic value of GE Aerospace based on widely used predictive technical indicators. In general, we focus on analyzing GE Aerospace Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build GE Aerospace's daily price indicators and compare them against related drivers.
Downside Deviation | 2.48 | |||
Information Ratio | (0.01) | |||
Maximum Drawdown | 14.1 | |||
Value At Risk | (2.36) | |||
Potential Upside | 2.85 |
Complementary Tools for GE Aerospace Stock analysis
When running GE Aerospace's price analysis, check to measure GE Aerospace's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GE Aerospace is operating at the current time. Most of GE Aerospace's value examination focuses on studying past and present price action to predict the probability of GE Aerospace's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GE Aerospace's price. Additionally, you may evaluate how the addition of GE Aerospace to your portfolios can decrease your overall portfolio volatility.
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