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General Electric

NYSE:GE
Snowflake Description

Moderate growth potential second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GE
NYSE
$127B
Market Cap
  1. Home
  2. US
  3. Capital Goods
2018/02/24
Company description

General Electric Company operates as an infrastructure and technology company worldwide. More info.


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  • General Electric has significant price volatility in the past 3 months.

Value

 Is General Electric undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of General Electric to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.

How is this discounted cash flow calculated?

  • The current share price of General Electric is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for General Electric's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are General Electric's earnings available for a low price, and how does this compare to other companies in the same industry?
  • General Electric is loss making, we can't compare it's value to the US Industrials industry average.
  • General Electric is loss making, we can't compare the value of its earnings to the US market.
Price based on expected Growth
Does General Electric's expected growth come at a high price?
  • General Electric is loss making, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on General Electric's assets?
  • General Electric is overvalued based on assets compared to the US Industrials industry average.
X
Value checks
We assess General Electric's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Industrials industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Industrials industry average (and greater than 0)? (1 check)
  5. General Electric has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
    Note 2: PEG ratio is based on analysts EPS growth expectations in 1 year (0%).

    Full details on the Value part of the Simply Wall St company analysis model.
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Discounted cash flow (2 Stage Free Cash Flow to Equity)

The calculations below outline how an intrinsic value for General Electric is arrived at by discounting future cash flows to their present value. We use analyst's estimates of cash flows going forward 5 years.

See our documentation to learn about this calculation.

5 year cash flow forecast

Present value of next 5 years cash flows:
$29,416

Terminal Value

Terminal Value = FCF2022 × (1 + g) ÷ (Discount Rate – g)

Terminal Value = $7,019 × (1 + 2.47%) ÷ (10.85% – 2.47%)

Terminal value based on the Perpetuity Method where growth (g) = 2.47%:
$85,838

Present value of terminal value:
$51,289

Equity Value

Equity Value (Total value) = Present value of next 5 years cash flows + terminal value
$80,705 = $29,416 + $51,289

Value = Total value / Shares Outstanding ($80,705 / 8,672)

Discount to Share Price

Value per share:
$9.31

Current discount (share price of $14.49): -55.7%



Estimate of Discount Rate

The discount rate, or required rate of return, is estimated by calculating the Cost of Equity.

Discount rate = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)

Discount rate = 10.85% = 2.47% + (1.113 * 7.53%)



Estimate of Bottom Up Beta

The Levered Beta is the Unlevered Beta adjusted for financial leverage. It is limited to 0.8 to 2.0 (practical range for a stable firm). Note the market value of equity is used not the book value ($126,785,882,700).

Levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))

1.113 = 0.68 (1 + (1- 40%) (106.16%))

Levered Beta used in calculation = 1.113



Assumptions
  1. The risk free rate of 2.47% is from the 10 year government bond rate in USD.
  2. The bottom-up beta is estimated by analysing other companies in the same industry.
  3. The Equity Risk Premium is calculated by subtracting the risk free rate from the market return premium (7.53%) (source: Buffet).
  4. The dividend discount model is automatically used for companies in the following industries: Banks, Insurance, Real Estate Investment Trusts (REITs), Diversified Financial Services and Capital Markets.

Future Performance

 How is General Electric expected to perform in the next 1 to 3 years based on estimates from 13 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
74.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is General Electric expected to grow at an attractive rate?
  • General Electric's earnings growth is expected to exceed the low risk savings rate of 4.5%.
Growth vs Market Checks
  • General Electric's earnings growth is expected to exceed the US market average.
  • General Electric's revenues are expected to decrease over the next 1-3 years, this is below the US market average.
Annual Growth Rates Comparison
Analysts growth expectations
Super high growth metrics
High Growth Checks
  • General Electric's earnings are expected to grow significantly at over 20% yearly.
  • General Electric's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • General Electric is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
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Future performance checks
We assess General Electric's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the US market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the US market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
General Electric has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has General Electric performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare General Electric's growth in the last year to its industry (Industrials).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • General Electric does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare General Electric's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare General Electric's 1-year growth to the US Industrials industry average as it is not currently profitable.
Earnings and Revenue History
General Electric's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if General Electric has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if General Electric has efficiently used its assets last year compared to the US Industrials industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if General Electric improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
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Past performance checks
We assess General Electric's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Industrials industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
General Electric has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is General Electric's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up General Electric's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • General Electric is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • General Electric's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of General Electric's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
  • General Electric's level of debt (157.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (321.9% vs 157.6% today).
  • Debt is not well covered by operating cash flow (3.8%, less than 20% of total debt).
  • General Electric is making a loss, therefore interest payments are not well covered by earnings.
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Financial health checks
We assess General Electric's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by short term assets? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. General Electric has a total score of 2/6, see the detailed checks below.


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is General Electric's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.31%
Current annual income from General Electric dividends. Estimated to be 3.6% next year.
If you bought $2,000 of General Electric shares you are expected to receive $66 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • General Electric's dividend is above the low risk savings rate (2.25%).
  • General Electric's dividend is above the markets top dividend payers (3.18%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of General Electric's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by net profit (2.3x coverage).
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Income/ dividend checks
We assess General Electric's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.5%) - if not then the rest of the checks are ignored.
  2. Current dividend yield, is there one at all, is it higher than the low risk savings rate, and is it above the top 25% of dividend payers? (2 checks)
  3. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  4. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  5. How sustainable is the dividend, can General Electric afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  6. General Electric has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of General Electric's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
John Flannery, image provided by Google.
John Flannery
AGE 56
TENURE AS CEO 0.5 years
CEO Bio

John L. Flannery has been the Chief Executive Officer of General Electric Company since August 1, 2017 and its Chairman since October 2, 2017. He is GE’s eleventh CEO and the tenth Chairman. He served as the Chief Executive Officer and President of GE Healthcare Ltd. from October 2014 to June 12, 2017. He served as Senior Vice President of Corporate Business Development at General Electric Company (GE) since April 1, 2013. He served as the Chief Executive Officer and President of GE India Services Holding Limited from October 2009 to April 1, 2013 and also served as its senior vice-president of business development - US since April 01, 2014. He served as Senior Vice President of General Electric Capital Corporation. He served as the Chief Executive Officer and President of GE Capital Asia Pacific Ltd., since January 2009. He served as the Chief Executive Officer and President of GE Capital Services India Limited from October 2009 to April 1, 2013. He served as the Chief Executive Officer and President of GE Equity since February 2002. He served as the Chief Executive Officer and President of GE Commercial Finance of Asia Region since October 20, 2015. He has 27 years of experience across GE corporate, GGO and Capital. From August 1999 to February 2002, He served as the Managing Director of Media and Consumer Group of GE Equity. From January 1997 to August 1999, he served as GE Equity's Managing Director for Latin America, where he started GE Equity's Latin American activities. From January 1997 to August 1999, he served as the President of GE Capital Argentina/Chile. From 1994 to December 1996, he served as Senior Vice President and Manager of Domestic Equity at GE Equity. He joined General Electric Company in 1987. He spent over 20 years at GE Capital holding various leadership roles in the United States, Latin America, and Asia. He was a senior leader at GE Capital. Prior to his appointment as CEO, he led the turnaround of GE Healthcare. He served as a Director at eMotion, Inc., Pensare, Inc., IZ ON Media LLC, Convey Software, Inc. and GE Equity since July 1999. He served as a Director of EVINE Live Inc. from July 1999 to December 2003. He served as a Member of the Board of Directors at Proact Technologies Corp. He served as a Director at Valuevision Media Inc. from July 1999 to December 2003. He earned B.S. in Finance and JD from Fairfield University in Fairfield, Connecticut in 1983 and MBA from The Wharton School of Business at the University of Pennsylvania in 1987.

CEO Compensation
  • General Electric has a new CEO, we can't show their compensation history.
Management Team Tenure

Average tenure and age of the General Electric management team in years:

3.7
Average Tenure
54.1
Average Age
  • The tenure for the General Electric management team is about average.
Management Team

John Rice

TITLE
Vice Chairman
COMPENSATION
$15M
AGE
60
TENURE
7.3 yrs

David Joyce

TITLE
Vice Chair
COMPENSATION
$13M
AGE
60
TENURE
9.7 yrs

Jeff Bornstein

TITLE
Vice Chair
COMPENSATION
$10M
AGE
51
TENURE
0.7 yrs

Elizabeth Comstock

TITLE
Vice Chair of Business Innovations and Chief Executive Officer of Business Innovations
COMPENSATION
$12M
AGE
56
TENURE
3.1 yrs

John Flannery

TITLE
Chairman & CEO
AGE
56
TENURE
0.5 yrs

Claudi Ponsa

TITLE
President & CEO

Jamie Miller

TITLE
Senior VP & CFO
AGE
48
TENURE
1.1 yrs

Jan Hauser

TITLE
Chief Accounting Officer
AGE
58
TENURE
4.8 yrs

Vic Abate

TITLE
Senior VP & Chief Technology Officer
TENURE
2.4 yrs

Matt Cribbins

TITLE
Vice President of Investor Communications
AGE
44
TENURE
4.1 yrs
Board of Directors Tenure

Average tenure and age of the General Electric board of directors in years:

8.5
Average Tenure
61
Average Age
  • The tenure for the General Electric board of directors is about average.
Board of Directors

John Flannery

TITLE
Chairman & CEO
AGE
56
TENURE
0.3 yrs

Rich Laxer

TITLE
Senior VP
AGE
56
TENURE
1.4 yrs

Dmitri Stockton

TITLE
Former Senior VP & Chairman
AGE
53

Shelly Lazarus

TITLE
Independent Director
COMPENSATION
$314K
AGE
69
TENURE
18.1 yrs

Susan Hockfield

TITLE
Director
COMPENSATION
$286K
AGE
65
TENURE
12.1 yrs

Marijn Dekkers

TITLE
Director
COMPENSATION
$319K
AGE
60
TENURE
6.1 yrs

Jack Brennan

TITLE
Lead Independent Director
COMPENSATION
$397K
AGE
62
TENURE
4.1 yrs

Mary Schapiro

TITLE
Director
COMPENSATION
$330K
AGE
61
TENURE
4.8 yrs

Andrea Jung

TITLE
Director
COMPENSATION
$323K
AGE
58
TENURE
20.1 yrs

Jim Mulva

TITLE
Director
COMPENSATION
$326K
AGE
70
TENURE
9.8 yrs
Recent Insider Trading
  • More shares have been bought than sold by General Electric insiders in the past 3 months, but not in substantial volumes.
Who owns this company?
X
Management checks
We assess General Electric's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap and profit (greater than 0.5% of the company's profit + 0.03% of market cap)? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. General Electric has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

Company News

External News
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Simply Wall St News

What Investors Should Know About General Electric Company's (NYSE:GE) Financial Strength

See our latest analysis for General Electric Does GE produce enough cash relative to debt? … Moving onto cash from operations, its small level of operating cash flow means calculating cash-to-debt wouldn't be too useful, though these low levels of cash means that operational efficiency is worth a look. … Next Steps: At its current level of cash flow coverage, GE has room for improvement to better cushion for events which may require debt repayment.

Simply Wall St -

Don't Trust NYSE:GE's 3.01% Yield

General Electric Company (NYSE:GE) has returned to shareholders over the past 10 years, an average dividend yield of 4.00% annually. … See our latest analysis for General Electric 5 questions I ask before picking a dividend stock Whenever I am looking at a potential dividend stock investment, I always check these five metrics: Is its annual yield among the top 25% of dividend-paying companies? … NYSE:GE Historical Dividend Yield Jan 31st 18 How well does General Electric fit our criteria?

Simply Wall St -

What Should You Know About General Electric Company's (NYSE:GE) Profit Growth?

Margin Calculation for GE Profit Margin = Net Income ÷ Revenue ∴ Profit Margin = 7.58 Billion ÷ 121.13 Billion = 6.26% The past five years have seen General Electric's margin contract, due to net income declining at -14.12% on average, which was more than the average fall in revenue of -4.44%, meaning that the decrease in revenue has coincided with a smaller portion falling to the bottom line. … What does General Electric's margin expectation tell us about future earnings? … For General Electric in particular, future profit margin is expected to expand along with the Industrials industry margins, and at the same time, GE’s forecasted ROE of 12.74% exceeds that of the expected 10.02% ROE of the industry (note that this observation is also influenced by relative debt levels).

Simply Wall St -

Is General Electric Company's (NYSE:GE) PE Ratio A Signal To Sell For Investors?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for GE Price per share = $18.54 Earnings per share = $0.87 ∴ Price-Earnings Ratio = $18.54 ÷ $0.87 = 21.3x On its own, the P/E ratio doesn’t tell you much; however, it becomes extremely useful when you compare it with other similar companies. … For example, if you accidentally compared lower growth firms with GE, then GE’s P/E would naturally be higher since investors would reward GE’s higher growth with a higher price. … Alternatively, if you inadvertently compared riskier firms with GE, GE’s P/E would again be higher since investors would reward GE’s lower risk with a higher price as well.

Simply Wall St -

General Electric Company (NYSE:GE): Ex-Dividend Is Coming In 3 Days, Should You Buy?

See our latest analysis for General Electric How I analyze a dividend stock If you are a dividend investor, you should always assess these five key metrics: Does it pay an annual yield higher than 75% of dividend payers? … NYSE:GE Historical Dividend Yield Dec 22nd 17 How well does General Electric fit our criteria? … Relative to peers, General Electric generates a yield of 2.75%, which is high for industrial conglomerates stocks but still below the market's top dividend payers.

Simply Wall St -

Is Buying General Electric Company (NYSE:GE) For Its Upcoming $0.12 Dividend A Good Choice?

Check out our latest analysis for General Electric How I analyze a dividend stock If you are a dividend investor, you should always assess these five key metrics: Is its annual yield among the top 25% of dividend-paying companies? … NYSE:GE Historical Dividend Yield Dec 20th 17 How well does General Electric fit our criteria? … Relative to peers, General Electric produces a yield of 2.70%, which is high for industrial conglomerates stocks but still below the market's top dividend payers.

Simply Wall St -

What You Must Know About General Electric Company's (GE) 8.45% ROE

Check out our latest analysis for General Electric What you must know about ROE Firstly, Return on Equity, or ROE, is simply the percentage of last years’ earning against the book value of shareholders’ equity. … Return on Equity = Net Profit ÷ Shareholders Equity ROE is measured against cost of equity in order to determine the efficiency of GE’s equity capital deployed. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity NYSE:GE Last Perf Nov 7th 17 Basically, profit margin measures how much of revenue trickles down into earnings which illustrates how efficient GE is with its cost management.

Simply Wall St -

Will General Electric Company's (GE) Earnings Grow Over The Next Year?

Analysts covering General Electric Company (NYSE:GE) are predicting high double-digit earnings per share growth of 78.49% over the following three years. … This illustrates a relatively optimistic outlook in the near term, with a relatively solid earnings per share growth rate of 78.49% over the next few years. … However, GE’s earnings growth in the past couple of years has been negative at -11.13%.

Simply Wall St -

Company Info

Map
Description

General Electric Company operates as an infrastructure and technology company worldwide. Its Power segment offers gas and steam power systems; maintenance, service, and upgrade solutions; distributed power gas engines; water treatment, wastewater treatment, and process system solutions; and nuclear reactors, fuels, and support services. The company’s Renewable Energy segment provides wind turbine platforms, and hardware and software; onshore and offshore wind turbines; and solutions, products, and services to hydropower industry. Its Oil & Gas segment offers surface and subsea drilling and production systems, and equipment for floating production platforms; and compressors, turbines, turboexpanders, reactors, industrial power generation, and auxiliary equipment. The company’s Aviation segment designs and produces commercial and military aircraft engines, integrated digital components, and electric power and mechanical aircraft systems; and provides aftermarket services. Its Healthcare segment offers diagnostic imaging and clinical systems; products for drug discovery, biopharmaceutical manufacturing, and cellular technologies; and medical technologies, software, analytics, cloud solutions, and implementation services. The company’s Transportation segment provides freight and passenger locomotives, and rail and support advisory services; and parts, integrated software solutions and data analytics, software-enabled solutions, mining equipment and services, and marine diesel and stationary power diesel engines and motors, as well as overhaul, repair and upgrade, and wreck repair services. Its Energy Connections & Lighting segment offers industrial, grid, power conversion, automation and control, lighting, and current solutions. The company’s Capital segment provides industrial and energy financial services; and commercial aircraft leasing, financing, and consulting services. General Electric Company was founded in 1892 and is based in Boston, Massachusetts.

Details
Name: General Electric Company
GE
Exchange: NYSE
Founded: 1892
$126,785,882,700
8,672,085,000
Website: http://www.ge.com
Address: General Electric Company
41 Farnsworth Street,
Boston,
Massachusetts, 02210,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE GE Common Stock New York Stock Exchange US USD 02. Jan 1968
DB GEC Common Stock Deutsche Boerse AG DE EUR 02. Jan 1968
XTRA GEC Common Stock XETRA Trading Platform DE EUR 02. Jan 1968
LSE GEC Common Stock London Stock Exchange GB EUR 02. Jan 1968
SWX GE Common Stock SIX Swiss Exchange CH CHF 02. Jan 1968
ENXTPA GNE Common Stock Euronext Paris FR EUR 02. Jan 1968
WBAG GE Common Stock Wiener Boerse AG AT EUR 02. Jan 1968
SNSE GE Common Stock Santiago Stock Exchange CL USD 02. Jan 1968
BVC GE Common Stock Bolsa de Valores de Colombia CO COP 02. Jan 1968
BMV GE * Common Stock Bolsa Mexicana de Valores MX MXN 02. Jan 1968
BATS-CHIXE GEZ Common Stock BATS 'Chi-X Europe' GB CHF 02. Jan 1968
BOVESPA GEOO34 BDR EACH REPR 1 COM SH Bolsa de Valores de Sao Paulo BR BRL 29. Sep 2011
BASE GE CEDEARS EACH REPR 1/5 COM USD0.06 Buenos Aires Stock Exchange AR ARS 12. Jan 2001
Number of employees
Current staff
Staff numbers
295,000
General Electric employees.
Industry
Industrial Conglomerates
Capital Goods
Company Analysis and Financial Data Status
Area Date
Company Analysis updated: 2018/02/24
Last estimates confirmation: 2018/02/16
Last earnings update: 2017/12/31
Last annual earnings update: 2017/12/31


All dates in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.