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General Electric Co
Previous close
$180.12
Day range
$174.33 - $179.97
Year range
$93.47 - $180.36
Market cap
191.90B USD
Avg Volume
7.03M
P/E ratio
21.99
Dividend yield
0.18%
Primary exchange
NYSE
News about General Electric
News about General Electric CEO H. Lawrence Culp Jr.
Financials
Income Statement
Revenue
Net income
(USD) | Dec 2023info | Y/Y change |
---|---|---|
Revenue | 19.42B | 15.43% |
Operating expense | 3.09B | 97.31% |
Net income | 1.59B | -27.50% |
Net profit margin | 8.20 | -37.16% |
Earnings per share | 1.03 | -16.94% |
EBITDA | 1.76B | -34.90% |
Effective tax rate | 20.93% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Dec 2023info | Y/Y change |
---|---|---|
Cash and short-term investments | 20.57B | -12.15% |
Total assets | 163.04B | -13.66% |
Total liabilities | 134.46B | -12.65% |
Total equity | 28.58B | — |
Shares outstanding | 1.09B | — |
Price to book | 7.16 | — |
Return on assets | 1.92% | — |
Return on capital | 5.88% | — |
Cash Flow
Net change in cash
(USD) | Dec 2023info | Y/Y change |
---|---|---|
Net income | 1.59B | -27.50% |
Cash from operations | 3.14B | -30.18% |
Cash from investing | 1.68B | 148.38% |
Cash from financing | -395.00M | 13.76% |
Net change in cash | 4.64B | -6.69% |
Free cash flow | 2.76B | -41.59% |
About
General Electric Company is an American multinational conglomerate founded in 1892 and incorporated in the state of New York and headquartered in Boston. The company has several divisions, including aerospace, power, renewable energy, digital industry, additive manufacturing, and venture capital and finance.
In 2020, GE ranked among the Fortune 500 as the 33rd largest firm in the United States by gross revenue. In 2023, the company was ranked 64th in the Forbes Global 2000. In 2011, GE ranked among the Fortune 20 as the 14th most profitable company, but later very severely underperformed the market as its profitability collapsed. Two employees of GE – Irving Langmuir and Ivar Giaever – have been awarded the Nobel Prize.
On November 9, 2021, the company announced it would divide itself into three public companies. On July 18, 2022, GE unveiled the brand names of the companies it will create through its planned separation: GE Aerospace, GE HealthCare and GE Vernova. The new companies will be focused on aerospace, healthcare, and energy. Wikipedia
Founded
Apr 15, 1892
Website
Employees
125,000