General Electric
Market Cap
US$103.1b
Last Updated
2020/01/20 23:38 UTC
Data Sources
Company Financials +
Executive Summary
General Electric Company operates as a high-tech industrial company worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Moderate growth potential with imperfect balance sheet.
Similar Companies
Share Price & News
How has General Electric's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GE's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-2.6%
GE
-0.07%
US Industrials
1.2%
US Market
1 Year Return
30.4%
GE
17.7%
US Industrials
24.2%
US Market
Return vs Industry: GE exceeded the US Industrials industry which returned 21.6% over the past year.
Return vs Market: GE exceeded the US Market which returned 24.7% over the past year.
Shareholder returns
| GE | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.6% | -0.07% | 1.2% |
| 30 Day | 7.1% | 4.9% | 3.5% |
| 90 Day | 30.4% | 14.2% | 11.7% |
| 1 Year | 36.2%30.4% | 21.1%17.7% | 26.9%24.2% |
| 3 Year | -55.9%-60.3% | -9.6%-17.8% | 53.0%43.2% |
| 5 Year | -43.1%-52.0% | 11.7%-3.9% | 75.3%56.0% |
Price Volatility Vs. Market
How volatile is General Electric's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Does General Electric's (NYSE:GE) Statutory Profit Adequately Reflect Its Underlying Profit?3 weeks ago | Simply Wall St
General Electric Company’s (NYSE:GE) Investment Returns Are Lagging Its Industry1 month ago | Simply Wall St
Is General Electric (NYSE:GE) A Risky Investment?Valuation
Is General Electric undervalued compared to its fair value and its price relative to the market?
11443.8x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GE ($12.03) is trading above our estimate of fair value ($6.31)
Significantly Below Fair Value: GE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GE is poor value based on its PE Ratio (11657x) compared to the Industrials industry average (27.3x).
PE vs Market: GE is poor value based on its PE Ratio (11657x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: GE is poor value based on its PEG Ratio (134.1x)
Price to Book Ratio
PB vs Industry: GE is good value based on its PB Ratio (3.8x) compared to the US Industrials industry average (4.3x).
Next Steps
Future Growth
How is General Electric forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
86.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GE's forecast earnings growth (86.9% per year) is above the savings rate (1.7%).
Earnings vs Market: GE's earnings (86.9% per year) are forecast to grow faster than the US market (14.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GE's revenue is expected to decline over the next 3 years (-2.8% per year).
High Growth Revenue: GE's revenue is forecast to decline over the next 3 years (-2.8% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GE's Return on Equity is forecast to be low in 3 years time (16.8%).
Next Steps
Past Performance
How has General Electric performed over the past 5 years?
-60.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GE has a large one-off loss of $3.1B impacting its September 30 2019 financial results.
Growing Profit Margin: GE became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: GE's earnings have declined by -60.2% per year over the past 5 years.
Accelerating Growth: GE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: GE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Industrials industry (9.3%).
Return on Equity
High ROE: GE's Return on Equity (2.2%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is General Electric's financial position?
Financial Position Analysis
Short Term Liabilities: GE's short term assets ($88.2B) exceed its short term liabilities ($47.7B).
Long Term Liabilities: GE's short term assets ($88.2B) do not cover its long term liabilities ($186.1B).
Debt to Equity History and Analysis
Debt Level: GE's debt to equity ratio (319.8%) is considered high.
Reducing Debt: GE's debt to equity ratio has increased from 260% to 319.8% over the past 5 years.
Debt Coverage: GE's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: GE's interest payments on its debt are well covered by EBIT (3.6x coverage).
Balance Sheet
Inventory Level: GE has a high level of physical assets or inventory.
Debt Coverage by Assets: GE's debt is not covered by short term assets (assets are 0.9x debt).
Next Steps
Dividend
What is General Electric's current dividend yield, its reliability and sustainability?
0.34%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: GE's dividend (0.33%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: GE's dividend (0.33%) is low compared to the top 25% of dividend payers in the US market (3.66%).
Stability and Growth of Payments
Stable Dividend: GE is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: GE is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: GE is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GE's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
What is the CEO of General Electric's salary, the management and board of directors tenure and is there insider trading?
1.4yrs
Average management tenure
CEO
Larry Culp (56yo)
1.3yrs
Tenure
US$17,444,075
Compensation
Mr. H. Lawrence Culp, Jr., also known as Larry, has been the Chairman and Chief Executive Officer of General Electric Company (“GE”) since October 1, 2018. He joined GE as an independent director in April ...
CEO Compensation Analysis
Compensation vs Market: Larry's total compensation ($USD17.44M) is above average for companies of similar size in the US market ($USD10.76M).
Compensation vs Earnings: Insufficient data to compare Larry's compensation with company performance.
Management Age and Tenure
1.4yrs
Average Tenure
56yo
Average Age
Experienced Management: GE's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Age and Tenure
2.0yrs
Average Tenure
58yo
Average Age
Experienced Board: GE's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 6,500 |
| Max Price | US$7.80 |
| Entity | Individual |
| Role | Chief Accounting Officer VP, Controller & Chief Accounting Officer |
| Shares | 10,000 |
| Max Price | US$8.83 |
| Entity | Individual |
| Shares | 34,836 |
| Max Price | US$8.01 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 10,000 |
| Max Price | US$9.05 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman & CEO |
| Shares | 252,200 |
| Max Price | US$7.93 |
| Entity | Individual |
| Shares | 105,600 |
| Max Price | US$9.42 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman & CEO |
| Shares | 331,684 |
| Max Price | US$9.04 |
| Entity | Individual |
| Role | Lead Director Lead Director |
| Shares | 55,248 |
| Max Price | US$9.02 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 10,000 |
| Max Price | US$9.75 |
| Entity | Company |
| Shares | 6,659,852 |
| Max Price | US$10.02 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Larry Culp (56yo)
Chairman & CEO
- Tenure: 1.3yrs
- Compensation: US$17.44m
David Joyce (62yo)
Vice Chair
- Tenure: 3.3yrs
- Compensation: US$7.52m
Kieran Murphy (56yo)
Senior Vice President
- Tenure: 1.3yrs
- Compensation: US$7.29m
Jamie Miller (50yo)
Senior VP & CFO
- Tenure: 2.2yrs
- Compensation: US$7.40m
Mike Holston (57yo)
Senior VP
- Tenure: 1.8yrs
- Compensation: US$13.52m
Tom Timko (51yo)
VP, Controller & Chief Accounting Officer
- Tenure: 1.3yrs
Vic Abate
Senior VP & Chief Technology Officer
- Tenure: 4.3yrs
Steve Winoker
Vice President of Investor Communications
- Tenure: 1yrs
Linda Boff (57yo)
Chief Marketing & Communications Officer
- Tenure: 1yrs
Chris Drumgoole (43yo)
VP & Chief Information Officer
- Tenure: 1.5yrs
Board Members
Tom Horton (57yo)
Lead Director
- Tenure: 1.3yrs
- Compensation: US$256.46k
Paula G. Reynolds (62yo)
Independent Director
- Tenure: 1.1yrs
- Compensation: US$35.29k
Larry Culp (56yo)
Chairman & CEO
- Tenure: 1.3yrs
- Compensation: US$17.44m
James Tisch (66yo)
Independent Director
- Tenure: 9.6yrs
- Compensation: US$309.29k
Frank D'Souza (50yo)
Independent Director
- Tenure: 6.9yrs
- Compensation: US$299.64k
Risa Lavizzo-Mourey (64yo)
Independent Director
- Tenure: 3yrs
- Compensation: US$309.63k
Sébastien Bazin (58yo)
Independent Director
- Tenure: 4yrs
- Compensation: US$306.89k
Cathie Lesjak (60yo)
Independent Director
- Tenure: 0.8yrs
Ed Garden (58yo)
Independent Director
- Tenure: 2.3yrs
- Compensation: US$328.85k
Leslie Seidman (57yo)
Independent Director
- Tenure: 1.8yrs
- Compensation: US$257.56k
Company Information
General Electric Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: General Electric Company
- Ticker: GE
- Exchange: NYSE
- Founded: 1892
- Industry: Industrial Conglomerates
- Sector: Capital Goods
- Market Cap: US$103.143b
- Shares outstanding: 8.73b
- Website: https://www.ge.com
Number of Employees
Location
- General Electric Company
- 5 Necco Street
- Boston
- Massachusetts
- 2210
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GEC | XTRA (XETRA Trading Platform) | Yes | Common Stock | DE | EUR | Jan 1968 |
| GE | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1968 |
| GE * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Jan 1968 |
| GEC | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jan 1968 |
| GE | SWX (SIX Swiss Exchange) | Yes | Common Stock | CH | CHF | Jan 1968 |
| GNE | ENXTPA (Euronext Paris) | Yes | Common Stock | FR | EUR | Jan 1968 |
| GEC | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1968 |
| GE | WBAG (Wiener Boerse AG) | Yes | Common Stock | AT | EUR | Jan 1968 |
| GE | SNSE (Santiago Stock Exchange) | Yes | Common Stock | CL | USD | Jan 1968 |
| GE | BVC (Bolsa de Valores de Colombia) | Yes | Common Stock | CO | COP | Jan 1968 |
| GEZ | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Common Stock | GB | CHF | Jan 1968 |
| GEL-U | ETLX (Eurotlx) | Yes | Common Stock | IT | EUR | Jan 1968 |
| GE | BASE (Buenos Aires Stock Exchange) | CEDEARS EACH REPR 1 COM USD0.06 | AR | ARS | Jan 2001 | |
| GEOO34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH REPR 1 COM SH | BR | BRL | Sep 2011 |
Biography
General Electric Company operates as a high-tech industrial company worldwide. It operates through Power, Renewable Energy, Aviation, Healthcare, and Capital segments. The Power segment offers technologies, solutions, and services related to energy production, including gas and steam turbines, generators, and power generation services. The Renewable Energy segment provides wind turbine platforms, and hardware and software; offshore wind turbines; solutions, products, and services to hydropower industry; blades for onshore and offshore wind turbines; and high voltage equipment. The Aviation segment provides jet engines and turboprops for commercial airframes; maintenance, component repair, and overhaul services, as well as replacement parts; and additive machines and materials, and engineering services. The Healthcare segment provides healthcare technologies in medical imaging, digital solutions, patient monitoring, and diagnostics; drug discovery; biopharmaceutical manufacturing technologies; and performance enhancement solutions. The Capital segment leases and finances aircraft, aircraft engines, and helicopters; provides financial and underwriting solutions; and manages its run-off insurance operations. The company was founded in 1892 and is headquartered in Boston, Massachusetts.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/20 23:38 |
| End of Day Share Price | 2020/01/17 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.