General Electric Past Earnings Performance
Past criteria checks 2/6
General Electric has been growing earnings at an average annual rate of 47.9%, while the Aerospace & Defense industry saw earnings growing at 6.1% annually. Revenues have been declining at an average rate of 9.5% per year. General Electric's return on equity is 14%, and it has net margins of 6%.
Key information
47.9%
Earnings growth rate
48.1%
EPS growth rate
| Aerospace & Defense Industry Growth | 5.4% |
| Revenue growth rate | -9.5% |
| Return on equity | 14.0% |
| Net Margin | 6.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
GE Aerospace Q1: A Standalone Company With Strong Order Growth
Apr 25GE Aerospace: GE Is Dead, Long Live GE
Apr 03Should You Investigate General Electric Company (NYSE:GE) At US$175?
Mar 23
We Think General Electric (NYSE:GE) Can Manage Its Debt With Ease
Mar 08Up 45% Since October: Is General Electric's Rise Sustainable?
Mar 01General Electric Stock: A Hold After Hitting 6-Year High
Feb 01Earnings Beat: General Electric Company Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Jan 25General Electric's Ascent Hasn't Stopped Just Yet
Jan 24General Electric: 2024 Sets Up For Further Upside, Spinoff On Tap
Jan 16General Electric Company (NYSE:GE) Investors Are Less Pessimistic Than Expected
Jan 01General Electric: LEAP Engine Fuels Aerospace Growth; Buy The Stock Before The Spin-Off
Dec 29Is General Electric Company (NYSE:GE) Potentially Undervalued?
Dec 17An Intrinsic Calculation For General Electric Company (NYSE:GE) Suggests It's 25% Undervalued
Nov 16General Electric Stock: Outlook After Q3 Beat
Nov 09General Electric (NYSE:GE) Seems To Use Debt Quite Sensibly
Nov 01The Management Team At General Electric Proves To The Market Why The Stock Is A 'Buy'
Oct 26General Electric: Still Overburdened With Liabilities
Sep 27At US$114, Is General Electric Company (NYSE:GE) Worth Looking At Closely?
Sep 14Why General Electric Is One Of The Best Aerospace Plays On The Market
Aug 27Is General Electric Company (NYSE:GE) Trading At A 26% Discount?
Aug 12Is General Electric Stock A Wise Choice Amid Air Traffic Recovery?
Aug 09Is General Electric (NYSE:GE) A Risky Investment?
Jul 27General Electric Flies High On Stellar Results
Jul 27Revenue & Expenses BreakdownBeta
How General Electric makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 69,522 | 4,192 | 7,267 | 1,983 |
| 31 Dec 23 | 67,954 | 8,772 | 7,128 | 1,907 |
| 30 Sep 23 | 65,357 | 8,859 | 6,196 | 1,874 |
| 30 Jun 23 | 62,482 | 8,453 | 7,128 | 1,830 |
| 31 Mar 23 | 59,911 | 6,244 | 7,065 | 1,814 |
| 31 Dec 22 | 58,100 | -1,148 | 7,310 | 1,786 |
| 30 Sep 22 | 61,576 | -6,385 | 9,425 | 1,974 |
| 30 Jun 22 | 65,675 | -5,469 | 10,249 | 2,174 |
| 31 Mar 22 | 69,800 | -4,882 | 11,712 | 2,339 |
| 31 Dec 21 | 56,469 | -5,114 | 9,653 | 1,682 |
| 30 Sep 21 | 74,904 | 2,248 | 15,582 | 2,428 |
| 30 Jun 21 | 74,863 | 516 | 15,311 | 2,395 |
| 31 Mar 21 | 73,414 | -178 | 14,701 | 2,403 |
| 31 Dec 20 | 75,833 | 5,977 | 14,080 | 2,565 |
| 30 Sep 20 | 81,061 | 4,379 | 11,824 | 5,047 |
| 30 Jun 20 | 85,892 | 4,145 | 11,760 | 4,453 |
| 31 Mar 20 | 92,502 | 5,187 | 12,216 | 3,841 |
| 31 Dec 19 | 90,221 | -1,134 | 15,790 | 3,118 |
| 30 Sep 19 | 95,476 | -354 | 11,807 | 0 |
| 30 Jun 19 | 95,508 | -21,949 | 11,849 | 0 |
| 31 Mar 19 | 91,426 | -20,814 | 11,030 | 0 |
| 31 Dec 18 | 97,012 | -21,446 | 11,450 | 3,415 |
| 30 Sep 18 | 102,115 | -33,048 | 13,150 | 0 |
| 30 Jun 18 | 109,385 | -8,657 | 14,366 | 0 |
| 31 Mar 18 | 119,150 | -8,499 | 15,415 | 0 |
| 31 Dec 17 | 99,279 | -8,632 | 12,455 | 0 |
| 30 Sep 17 | 119,694 | 6,038 | 14,734 | 0 |
| 30 Jun 17 | 118,070 | 6,709 | 14,315 | 0 |
| 31 Mar 17 | 119,317 | 8,988 | 14,958 | 0 |
| 31 Dec 16 | 119,468 | 7,783 | 14,707 | 0 |
| 30 Sep 16 | 120,651 | 8,219 | 16,450 | 0 |
| 30 Jun 16 | 119,471 | 8,086 | 16,392 | 0 |
| 31 Mar 16 | 117,573 | 6,474 | 16,205 | 0 |
| 31 Dec 15 | 115,834 | 1,672 | 16,327 | 0 |
| 30 Sep 15 | 104,864 | 585 | 6,215 | 0 |
| 30 Jun 15 | 109,113 | 1,454 | 9,624 | 0 |
| 31 Mar 15 | 112,927 | 2,656 | 11,624 | 0 |
| 31 Dec 14 | 116,981 | 9,514 | 14,774 | 0 |
| 30 Sep 14 | 134,620 | 13,007 | 25,083 | 0 |
| 30 Jun 14 | 138,174 | 13,458 | 26,662 | 0 |
| 31 Mar 14 | 140,973 | 13,831 | 29,334 | 0 |
| 31 Dec 13 | 112,888 | 7,601 | 14,231 | 0 |
| 30 Sep 13 | 144,890 | 14,471 | 35,934 | 0 |
| 30 Jun 13 | 145,483 | 14,639 | 36,125 | 0 |
Quality Earnings: GE has high quality earnings.
Growing Profit Margin: GE's current net profit margins (6%) are lower than last year (10.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GE has become profitable over the past 5 years, growing earnings by 47.9% per year.
Accelerating Growth: GE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GE had negative earnings growth (-32.9%) over the past year, making it difficult to compare to the Aerospace & Defense industry average (17.6%).
Return on Equity
High ROE: GE's Return on Equity (14%) is considered low.