Breaking News
Get 50% Off 0
😎 Summer Sale Exclusive - Up to 50% off AI-powered stock picks by InvestingPro CLAIM SALE
Close

General Electric Company (GE)

Create Alert
New!
Create Alert
Website
  • As an alert notification
  • To use this feature, make sure you are signed-in to your account
Mobile App
  • To use this feature, make sure you are signed-in to your account
  • Make sure you are signed-in with the same user profile

Condition

Frequency

Once
%

Frequency

Frequency

Delivery Method

Status

Add to/Remove from a Portfolio Add to Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
160.80 +9.30    +6.14%
22/05 - Closed. Currency in USD ( Disclaimer )
  • Volume: 1,567
  • Bid/Ask: 0.00 / 0.00
  • Day's Range: 159.00 - 160.80
Type:  Equity
Market:  Peru
ISIN:  US3696043013 
S/N:  GE
General Electric 160.80 +9.30 +6.14%

NYSE:GE Financials

 
This summary provides an overview of the most significant critical numbers from each of the GE financial reports, including theGeneral Electric income statement, balance sheet, and cash flow statement. Additionally, it features several financial ratios that provide insight into the company's financial health.

Investors can select to view data from four periods of either annual or quarterly information, allowing them to track the NYSE:GE financials over time via breakdowns of their annual reports.

General Electric Company reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported revenue was USD 9,094 million compared to USD 8,755 million a year ago. Net income was USD 1,266 million compared to USD 33 million a year ago. Basic earnings per share from continuing operations was USD 1.21 compared to USD 1.1 a year ago. Diluted earnings per share from continuing operations was USD 1.2 compared to USD 1.09 a year ago. Basic earnings per share was USD 1.16 compared to basic loss per share of USD 0.02 a year ago. Diluted earnings per share was USD 1.15 compared to diluted loss per share of USD 0.02 a year ago.For the six months, revenue was USD 18,048 million compared to USD 16,591 million a year ago. Net income was USD 2,805 million compared to USD 7,541 million a year ago. Basic earnings per share from continuing operations was USD 2.81 compared to USD 7.12 a year ago. Diluted earnings per share from continuing operations was USD 2.78 compared to USD 7.06 a year ago. Basic earnings per share was USD 2.58 compared to USD 6.74 a year ago. Diluted earnings per share was USD 2.55 compared to USD 6.68 a year ago.

AnnualQuarterly  
Advanced Financial Summary
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

GE Income Statement & Profits

Gross margin TTM 22.49%
Operating margin TTM 8.53%
Net Profit margin TTM 13.95%
Return on Investment TTM 9.48%
 Total Revenue  Net Income
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Total Revenue 16053 19423 17346 16699
Gross Profit 3914 4311 3783 3631
Operating Income 1543 1225 1822 1242
Net Income 1537 1592 348 35

GE Balance Sheet

Quick Ratio MRQ 0.75
Current Ratio MRQ 1.17
LT Debt to Equity MRQ 43.91%
Total Debt to Equity MRQ 77.42%
 Total Assets  Total Liabilities
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Total Assets 163942 163045 156662 163006
Total Liabilities 132839 134465 126830 130638
Total Equity 31103 28580 29832 32368

GE Latest Cash Flow Statement

Cash Flow/Share TTM 4.76
Revenue/Share TTM 62.44
Operating Cash Flow  1.94%
 Cash  Net Change in Cash
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Period Length: 0 Months 0 Months 0 Months 0 Months
Cash From Operating Activities 992 3141 1823 474
Cash From Investing Activities 808 1684 2454 1635
Cash From Financing Activities -204 -395 -3824 -1162
Net Change in Cash 1535 4641 282 960
* In Millions of USD (except for per share items)
InvestingPro
Go to Dashboard InvestingPro

Unlock access to over 1000 metrics with InvestingPro

View advanced insights on financial statements, including growth rates and metrics that provide an in-depth view of the company's historical and forecasted financial performance.

 
Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

GE Price Commentary

Write your thoughts about General Electric Co
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Death Revenge
Death Revenge Feb 19, 2022 22:29
Saved. See Saved Items.
This comment has already been saved in your Saved Items
I bought @ $6 over 9000 pcs.inbox me for more fast growing stocks
Scott Francis
Scott Francis Sep 22, 2021 13:43
Saved. See Saved Items.
This comment has already been saved in your Saved Items
I cashed out yesterday broke even after 4 years holding.. Will be a long time before they see values of yesteryear!
Gabriel Olojede
Gabriel Olojede Jul 27, 2021 11:32
Saved. See Saved Items.
This comment has already been saved in your Saved Items
soon at $20. Great earnings.
Liew ST
Liew ST May 14, 2021 1:24
Saved. See Saved Items.
This comment has already been saved in your Saved Items
2021.05.14 Bought @ $12.78
ئاراس بازيانى
ئاراس بازيانى May 14, 2021 1:24
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Sareek Deo
Sareek Deo Feb 26, 2021 12:05
Saved. See Saved Items.
This comment has already been saved in your Saved Items
yo honestly this stock is at an all time low, im surprised more people aren't buying it. I already made $10k off of it in just the past month, and its still going
Game Time
Game Time Feb 26, 2021 12:05
Saved. See Saved Items.
This comment has already been saved in your Saved Items
my top 5 portfolio, it will reach 20
Allan Orr
Allan Orr Feb 26, 2021 12:05
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Exactly where it was 3 years ago😳
Sareek Deo
Sareek Deo Feb 26, 2021 12:05
Saved. See Saved Items.
This comment has already been saved in your Saved Items
yo honestly this stock is at an all time low, im surprised more people aren't buying it. I already made $10k off of it in just the past month, and its still going
London Trading Company
London Trading Company Feb 17, 2021 0:55
Saved. See Saved Items.
This comment has already been saved in your Saved Items
A synergy to this is Kodal Minerals Plc - Kod.L
Ng Zen ng
Ng Zen ng Jan 24, 2021 15:35
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Ge will benefit from clean energy, 3d print, industrial 4.0 push for the next 5 years.
Abdul Samad
Abdul Samad Oct 29, 2020 13:36
Saved. See Saved Items.
This comment has already been saved in your Saved Items
I am ar loss on this , do u think I should come out , now that has been a bit better?
Heather Coysh
Heather Coysh Oct 29, 2020 13:36
Saved. See Saved Items.
This comment has already been saved in your Saved Items
I think that tech is being dumped in favour of the more conservative stocks. So it maybe GE 's time. I hope so I am way down on this one
Abdul Samad
Abdul Samad Oct 29, 2020 13:36
Saved. See Saved Items.
This comment has already been saved in your Saved Items
I am ar loss on this , do u think I should come out , now that has been a bit better?
Sunny King
Sunny King Oct 29, 2020 13:36
Saved. See Saved Items.
This comment has already been saved in your Saved Items
sell it asap
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email