General Electric Company

ENXTPA:GNE Stock Report

Market Cap: €164.6b

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General Electric Past Earnings Performance

Past criteria checks 1/6

General Electric has been growing earnings at an average annual rate of 37.6%, while the Aerospace & Defense industry saw earnings growing at 4.8% annually. Revenues have been declining at an average rate of 10.6% per year. General Electric's return on equity is 21.9%, and it has net margins of 5.8%.

Key information

37.6%

Earnings growth rate

37.8%

EPS growth rate

Aerospace & Defense Industry Growth6.1%
Revenue growth rate-10.6%
Return on equity21.9%
Net Margin5.8%
Last Earnings Update30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How General Electric makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

ENXTPA:GNE Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 2469,4114,0247,2952,009
31 Mar 2469,0723,8977,1941,948
31 Dec 2367,9548,7727,1281,907
30 Sep 2350,7649,5453,6941,456
30 Jun 2347,8899,1394,6261,412
31 Mar 2353,2636,7335,9361,612
31 Dec 2258,100-1,1487,3101,786
30 Sep 2261,576-6,3859,4251,974
30 Jun 2265,675-5,46910,2492,174
31 Mar 2269,800-4,88211,7122,339
31 Dec 2156,469-5,1149,6531,682
30 Sep 2174,9042,24815,5822,428
30 Jun 2174,86351615,3112,395
31 Mar 2173,414-17814,7012,403
31 Dec 2075,8335,97714,0802,565
30 Sep 2081,0614,37911,8245,047
30 Jun 2085,8924,14511,7604,453
31 Mar 2092,5025,18712,2163,841
31 Dec 1990,221-1,13415,7903,118
30 Sep 1995,476-35411,8070
30 Jun 1995,508-21,94911,8490
31 Mar 1991,426-20,81411,0300
31 Dec 1897,012-21,44611,4503,415
30 Sep 18102,115-33,04813,1500
30 Jun 18109,385-8,65714,3660
31 Mar 18119,150-8,49915,4150
31 Dec 1799,279-8,63212,4550
30 Sep 17119,6946,03814,7340
30 Jun 17118,0706,70914,3150
31 Mar 17119,3178,98814,9580
31 Dec 16119,4687,78314,7070
30 Sep 16120,6518,21916,4500
30 Jun 16119,4718,08616,3920
31 Mar 16117,5736,47416,2050
31 Dec 15115,8341,67216,3270
30 Sep 15104,8645856,2150
30 Jun 15109,1131,4549,6240
31 Mar 15112,9272,65611,6240
31 Dec 14116,9819,51414,7740
30 Sep 14134,62013,00725,0830
30 Jun 14138,17413,45826,6620
31 Mar 14140,97313,83129,3340
31 Dec 13112,8887,60114,2310
30 Sep 13144,89014,47135,9340

Quality Earnings: GNE has a large one-off loss of $1.9B impacting its last 12 months of financial results to 30th June, 2024.

Growing Profit Margin: GNE's current net profit margins (5.8%) are lower than last year (19.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: GNE has become profitable over the past 5 years, growing earnings by 37.6% per year.

Accelerating Growth: GNE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GNE had negative earnings growth (-56%) over the past year, making it difficult to compare to the Aerospace & Defense industry average (6.2%).

Return on Equity

High ROE: Whilst GNE's Return on Equity (21.92%) is high, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/07/26 11:47
End of Day Share Price 2024/07/24 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

General Electric Company is covered by 45 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John EadeArgus Research Company
Ishan MajumdarBaptista Research
David StraussBarclays