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GE Aerospace (GE)

(Delayed Data from NYSE)

$162.35 USD

162.35
5,896,748

+1.09 (0.68%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $162.50 +0.15 (0.09%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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F Value B Growth D Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 43% (143 out of 252)

Industry: Transportation - Airline

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Income Statements

Research for GE

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year end for GE Aerospace falls in the month of December .

All items in Millions except EPS data.

12/31/23 12/31/22 12/31/21 12/31/20 12/31/19
Sales 67,954 76,555 74,196 79,619 95,214
Cost Of Goods 50,392 55,535 53,896 60,421 70,028
Gross Profit 17,562 21,020 20,300 19,198 25,186
Selling & Adminstrative & Depr. & Amort Expenses 11,102 15,594 14,340 17,287 15,893
Income After Depreciation & Amortization 6,460 5,426 5,960 1,911 9,293
Non-Operating Income 4,850 -2,409 -7,766 6,557 -3,916
Interest Expense 1,118 1,607 1,876 3,273 4,227
Pretax Income 10,191 1,412 -3,683 5,197 1,149
Income Taxes 1,162 476 -286 -474 726
Minority Interest -37 67 -71 -158 66
Investment Gains/Losses 0 0 0 0 0
Other Income/Charges 0 0 0 0 0
Income From Cont. Operations 9,029 936 -3,396 5,672 423
Extras & Discontinued Operations 414 -644 -3,195 -125 -5,335
Net Income (GAAP) 9,480 225 -6,520 5,704 -4,978
Depreciation Footnote 12/31/23 12/31/22 12/31/21 12/31/20 12/31/19
Income Before Depreciation & Amortization 8,539 8,970 8,969 7,929 14,888
Depreciation & Amortization (Cash Flow) 2,079 3,544 3,009 6,018 5,595
Income After Depreciation & Amortization 6,460 5,426 5,960 1,911 9,293
Earnings Per Share Data 12/31/23 12/31/22 12/31/21 12/31/20 12/31/19
Average Shares 1,099.00 1,096.00 1,098.00 1,095.13 1,090.50
Diluted EPS Before Non-Recurring Items 2.81 2.62 2.12 0.08 5.20
Diluted Net EPS (GAAP) 8.36 -0.05 -6.16 4.64 -4.96

Fiscal Year end for GE Aerospace falls in the month of December .

All items in Millions except EPS data.

3/31/24 12/31/23 9/30/23 6/30/23 3/31/23
Sales 16,053.00 19,423.00 17,346.00 16,699.00 14,486.00
Cost Of Goods 11,620.00 14,397.00 12,904.00 12,362.00 10,729.00
Gross Profit 4,433.00 5,026.00 4,442.00 4,337.00 3,757.00
SG&A, R&D, and Dept/Amort Expenses 2,776.00 3,074.00 2,642.00 2,813.00 2,573.00
Income After SG&A, R&D, and Dept/Amort Expenses 1,657.00 1,952.00 1,800.00 1,524.00 1,184.00
Non-Operating Income 489.00 5,132.00 -1,214.00 133.00 799.00
Interest Expense 278.00 296.00 286.00 267.00 269.00
Pretax Income 1,866.00 2,009.00 300.00 1,390.00 6,492.00
Income Taxes 318.00 420.00 138.00 333.00 271.00
Minority Interest 27.00 0.00 -14.00 4.00 -27.00
Investment Gains/Losses NA 0.00 0.00 0.00 0.00
Other Income/Charges NA 0.00 0.00 0.00 0.00
Income From Cont. Operations 1,549.00 1,589.00 161.00 1,058.00 6,221.00
Extras & Discontinued Operations 14.00 3.00 173.00 -1,019.00 1,257.00
Net Income (GAAP) 1,536.00 1,591.00 349.00 35.00 7,505.00
Earnings Per Share Data 3/31/24 12/31/23 9/30/23 6/30/23 3/31/23
Average Shares NA 1,100.00 1,099.00 1,150.00 1,097.00
Diluted EPS Before Non-Recurring Items -99,999.00 1.03 0.82 0.68 0.27
Diluted Net EPS (GAAP) 1.39 1.44 0.23 -0.02 6.71