General Electric
Market Cap
US$79.8b
Last Updated
2019/10/23 23:38 UTC
Data Sources
Company Financials +
Executive Summary
General Electric Company operates as a high-tech industrial company worldwide.
Snowflake
Fundamentals
Slightly overvalued 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
Market Performance
7 Day Return
2.7%
GE
3.3%
US Industrials
0.4%
US Market
1 Year Return
-24.9%
GE
-2.1%
US Industrials
11.4%
US Market
Return vs Industry: GE underperformed the US Industrials industry which returned -2.1% over the past year.
Return vs Market: GE underperformed the US Market which returned 11.4% over the past year.
Shareholder returns
| GE | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.7% | 3.3% | 0.4% |
| 30 Day | -2.1% | -0.2% | 0.3% |
| 90 Day | -12.4% | -6.2% | -1.2% |
| 1 Year | -21.5%-24.9% | 1.8%-2.1% | 13.9%11.4% |
| 3 Year | -64.6%-68.3% | -15.9%-23.8% | 47.2%37.6% |
| 5 Year | -57.4%-64.4% | 0.01%-14.4% | 62.4%44.6% |
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
2 weeks ago | Simply Wall St
Do Institutions Own General Electric Company (NYSE:GE) Shares?1 month ago | Simply Wall St
Need To Know: General Electric Company (NYSE:GE) Insiders Have Been Buying Shares1 month ago | Simply Wall St
General Electric (NYSE:GE) Has A Mountain Of DebtValuation
Is General Electric undervalued compared to its fair value and its price relative to the market?
29.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GE ($9.14) is trading below our estimate of fair value ($12.9)
Significantly Below Fair Value: GE is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: GE is unprofitable, so we can't compare its PE Ratio to the Industrials industry average.
PE vs Market: GE is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GE is good value based on its PB Ratio (2.2x) compared to the US Industrials industry average (4x).
Next Steps
Future Growth
How is General Electric forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
54.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GE is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: GE is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: GE is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: GE's revenue is expected to decline over the next 3 years (-1.8% per year).
High Growth Revenue: GE's revenue is forecast to decline over the next 3 years (-1.8% 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 (13.3%).
Next Steps
Past Performance
How has General Electric performed over the past 5 years?
-65.3%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: GE is unprofitable, and losses have increased over the past 5 years at a rate of -65.3% per year.
Accelerating Growth: Unable to compare GE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GE is unprofitable, making it difficult to compare its past year earnings growth to the Industrials industry (11.3%).
Return on Equity
High ROE: GE has a negative Return on Equity (-37.15%), as it is currently unprofitable.
Return on Assets
ROA vs Industry: GE is currently unprofitable, so its Return on Assets is negative.
Return on Capital Employed
ROCE Improving: GE is currently unprofitable, so its Return on Capital Employed is negative.
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Financial Health
How is General Electric's financial position?
Financial Position Analysis
Short Term Liabilities: GE's short term assets ($96.9B) exceeds its short term liabilities ($52.1B)
Long Term Liabilities: GE's short term assets (96.9B) do not cover its long term liabilities (203.9B)
Debt to Equity History and Analysis
Debt Level: GE's debt to equity ratio (188.5%) is considered high
Reducing Debt: GE's debt to equity ratio has reduced from 270.3% to 188.5% over the past 5 years.
Debt Coverage: GE's debt is not well covered by operating cash flow (4.7%).
Interest Coverage: GE is unprofitable, therefore interest payments are not well covered by earnings.
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).
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Dividend
What is General Electric's current dividend yield, its reliability and sustainability?
0.44%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: GE's dividend (0.44%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: GE's dividend (0.44%) is low compared to the top 25% of dividend payers in the US market (3.68%).
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?
1.2yrs
Average management tenure
CEO
Larry Culp (56yo)
1yrs
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 has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the US market.
Compensation vs Earnings: Insufficient data to compare Larry's compensation with company performance.
Management Age and Tenure
1.2yrs
Average Tenure
56yo
Average Age
Experienced Management: GE's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Age and Tenure
1.8yrs
Average Tenure
58yo
Average Age
Experienced Board: GE's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: GE 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 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 60,000 |
| Max Price | US$8.32 |
| Entity | Individual |
| Shares | 10,000 |
| Max Price | US$9.48 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman & CEO |
| Shares | 225,000 |
| Max Price | US$9.73 |
Ownership Breakdown
Management Team
Larry Culp (56yo)
Chairman & CEO
- Tenure: 1yrs
- Compensation: US$17.44m
David Joyce (62yo)
Vice Chair
- Tenure: 3.1yrs
- Compensation: US$7.52m
Kieran Murphy (56yo)
Senior Vice President
- Tenure: 1.1yrs
- Compensation: US$7.29m
Jamie Miller (50yo)
- Tenure: 1.9yrs
- Compensation: US$7.40m
Mike Holston (57yo)
Senior VP
- Tenure: 1.5yrs
- Compensation: US$13.52m
Tom Timko (51yo)
VP, Controller & Chief Accounting Officer
- Tenure: 1.1yrs
Vic Abate
Senior VP & Chief Technology Officer
- Tenure: 4.1yrs
Steve Winoker
Vice President of Investor Communications
- Tenure: 0.8yrs
Linda Boff (57yo)
Chief Marketing & Communications Officer
- Tenure: 0.8yrs
Chris Drumgoole (43yo)
VP & Chief Information Officer
- Tenure: 1.3yrs
Board Members
Tom Horton (57yo)
Lead Director
- Tenure: 1yrs
- Compensation: US$256.46k
Paula G. Reynolds (62yo)
Independent Director
- Tenure: 0.8yrs
- Compensation: US$35.29k
Larry Culp (56yo)
Chairman & CEO
- Tenure: 1yrs
- Compensation: US$17.44m
James Tisch (66yo)
Independent Director
- Tenure: 9.3yrs
- Compensation: US$309.29k
Frank D'Souza (50yo)
Independent Director
- Tenure: 6.7yrs
- Compensation: US$299.64k
Risa Lavizzo-Mourey (64yo)
Independent Director
- Tenure: 2.8yrs
- Compensation: US$309.63k
Sébastien Bazin (58yo)
Independent Director
- Tenure: 3.8yrs
- Compensation: US$306.89k
Cathie Lesjak (60yo)
Independent Director
- Tenure: 0.6yrs
Ed Garden (58yo)
Independent Director
- Tenure: 2yrs
- Compensation: US$328.85k
Leslie Seidman (57yo)
Independent Director
- Tenure: 1.5yrs
- 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$79.765b
- Shares outstanding: 8.73b
- Website: https://www.ge.com
Number of Employees
Location
- General Electric Company
- 41 Farnsworth Street
- Boston
- Massachusetts
- 2210
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GEC | DB (Deutsche Boerse AG) | 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 |
| GE | SNSE (Santiago Stock Exchange) | Yes | Common Stock | CL | USD | Jan 1968 |
| GEC | XTRA (XETRA Trading Platform) | Yes | Common Stock | DE | EUR | Jan 1968 |
| GEZ | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Common Stock | GB | CHF | Jan 1968 |
| GE | BVC (Bolsa de Valores de Colombia) | Yes | Common Stock | CO | COP | Jan 1968 |
| GE | WBAG (Wiener Boerse AG) | Yes | Common Stock | AT | 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 in Power, Renewable Energy, Aviation, Oil & Gas, Healthcare, Transportation, Lighting, and Capital segments. The P ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/23 23:38 |
| End of Day Share Price | 2019/10/23 00:00 |
| Earnings | 2019/06/30 |
| 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.