GE

MKT CAP:$296B

GE Aerospace

Market Cap

$296B

Industrials·Aerospace & Defense·🇺🇸 United States·NYSE

Industrials·Aerospace·🇺🇸·NYSE

Stock Price

$283.41-$37.34 (-11.64%)

Apr 24, 2026

Company Details

GE Aerospace is an American aircraft company, which engages in the provision of jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft. The firm's portfolio of brands inclu...

CEO

H. Lawrence Culp Jr.

IPO Date

Jan 2, 1962

Website

www.geaerospace.com

Key Metrics TTM

Revenue

$45.4B

-42.0% YoY

Net Income

$8.0B

EPS (Diluted)

$7.41

Free Cash Flow

$6.1B

Revenue / Share

$43.23

Gross Margin

35.9%

Operating Margin

20.1%

Net Margin

17.6%

FCF Margin

13.4%

P/S

6.5x

P/E

37.2x

Earnings Reports

Q1 2026

Apr 21, 2026

NEW

$12.4B+24.7%EPS $1.81

FY 2025

Jan 29, 2026

$45.9BEPS $8.16

Q3 2025

Oct 21, 2025

$12.2BEPS $2.02

Q1 2025

Apr 22, 2025

$9.9BEPS $1.83

Q4 2024

Feb 3, 2025

$10.8B-44.3%EPS $1.75

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 16	$30.3B	$8.0B	$6.2B
Q3 16	$29.0B	$8.1B	$4.0B
Q4 16	$32.5B	$8.7B	$766M
Q1 17	$26.9B	$6.7B	$2.4B
Q4 17	$32.4B	$6.7B	-$541M
Q3 18	$23.4B	$5.5B	$735M
Q3 19	$23.4B	$6.0B	$1.3B
Q1 20	$19.5B	$5.1B	$643M
Q4 20	$21.9B	$7.6B	$1.2B
Q2 21	$18.3B	$4.6B	$652M
Q3 21	$18.6B	$5.2B	$1.1B
Q4 23	$19.4B	$5.0B	$1.2B
Q4 24	$10.8B	$4.0B	$2.6B
Q1 25	$9.9B	$3.9B	$2.0B
Q3 25	$12.2B	$4.5B	$2.8B
Q1 26	$12.4B	$3.8B	$1.7B

Valuation

Quarter	P/S	P/E
Q2 16	—	—
Q3 16	—	—
Q4 16	1.4x	18.6x
Q1 17	1.3x	18.2x
Q4 17	0.8x	—
Q3 18	0.5x	—
Q3 19	0.5x	—
Q1 20	0.4x	—
Q4 20	0.7x	—
Q2 21	0.8x	—
Q3 21	0.9x	8.0x
Q4 23	1.4x	25.6x
Q4 24	2.7x	50.1x
Q1 25	3.7x	32.0x
Q3 25	6.0x	41.1x
Q1 26	6.4x	36.6x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 16	-$3.5B	-$5.0B
Q3 16	$962M	-$7.0B
Q4 16	$1.6B	-$461M
Q1 17	$309M	-$1.2B
Q4 17	$3.1B	$4.1B
Q3 18	-$2.9B	-$4.1B
Q3 19	$1.8B	$612M
Q1 20	-$214M	-$1.3B
Q4 20	$3.6B	$2.6B
Q2 21	$518M	$226M
Q3 21	$2.3B	$2.0B
Q4 23	$3.1B	$2.6B
Q4 24	$1.3B	$1.0B
Q1 25	$1.5B	$1.3B
Q3 25	$2.6B	$2.2B
Q1 26	$1.8B	$1.5B

Capital Expenditures

Quarter	CapEx
Q2 16	$1.5B
Q3 16	$5.1B
Q4 16	$2.1B
Q1 17	$1.5B
Q4 17	$2.8B
Q3 18	$1.8B
Q3 19	$1.2B
Q1 20	$1.1B
Q4 20	$1.0B
Q2 21	$292M
Q3 21	$325M
Q4 23	$530M
Q4 24	$267M
Q1 25	$208M
Q3 25	$307M
Q1 26	$318M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 17	-3.4%	-1.8%
Q4 17	+6.7%	+36.5%
Q3 18	-19.4%	-9.7%
Q3 19	-28.1%	-30.3%
Q1 20	-27.5%	-23.1%
Q4 20	-32.3%	-37.0%
Q2 21	-22.0%	-22.3%
Q3 21	-20.5%	-21.0%
Q4 23	-0.3%	-3.3%
Q4 24	-50.7%	-60.5%
Q1 25	-45.6%	-54.9%
Q3 25	-34.2%	-46.0%
Q1 26	-36.2%	-41.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 16	$0	0.0%
Q3 16	$0	0.0%
Q4 16	$0	0.0%
Q1 17	$0	0.0%
Q4 17	$0	0.0%
Q3 18	$0	0.0%
Q3 19	$0	0.0%
Q1 20	$0	0.0%
Q4 20	$0	0.0%
Q2 21	$0	0.0%
Q3 21	$0	0.0%
Q4 23	$360M	1.9%
Q4 24	$33M	0.3%
Q1 25	$0	0.0%
Q3 25	$0	0.0%
Q1 26	$0	0.0%

OpEx Breakdown

Quarter	R&D	G&A	SG&A
Q2 16	—	—	$4.9B
Q3 16	—	—	$4.3B
Q4 16	—	—	$4.5B
Q1 17	—	—	$4.3B
Q4 17	$5.5B	—	$4.6B
Q3 18	—	$4.8B	—
Q3 19	—	$4.8B	—
Q1 20	$723M	$3.7B	—
Q4 20	$636M	$3.8B	—
Q2 21	$604M	$3.4B	—
Q3 21	$627M	$3.4B	—
Q4 23	$551M	$10.0B	—
Q4 24	$385M	$4.3B	—
Q1 25	$359M	$1.6B	—
Q3 25	$415M	$1.2B	—
Q1 26	$440M	—	$1.1B

Revenue Segments

Quarter	Aviation Segment	Capital Segment	Healthcare Segment	Power Segment	Renewable Energy Segment	Transportation	Energy Management	Corporate Items And Eliminations	Aerospace Segment	Insurance Revenue	Product	Service
Q2 16	$9.7B	$4.9B	$4.5B	$6.6B	$2.1B	$1.2B	—	—	—	—	—	—
Q3 16	$9.3B	$1.8B	$4.5B	$6.5B	$2.8B	$1.2B	$3.2B	—	—	—	—	—
Q1 17	$9.8B	$1.6B	$4.3B	$6.1B	$2.0B	$1.0B	$2.7B	—	—	—	—	—
Q3 19	$8.1B	—	$4.9B	$3.9B	$4.4B	—	—	$2.1B	—	—	—	—
Q1 20	$6.5B	—	$2.0B	$5.8B	$5.5B	—	—	—	—	—	—	—
Q2 21	$4.8B	—	$4.5B	$4.3B	$4.0B	—	—	—	—	—	—	—
Q3 21	$5.4B	—	$4.3B	$4.0B	$4.2B	—	—	—	—	—	—	—
Q4 23	—	—	—	$5.8B	$4.2B	—	—	—	$8.5B	—	—	—
Q1 25	—	—	—	—	—	—	—	—	—	$934M	$2.7B	$6.3B

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$13.2B	$6.7B	$19.9B
Q3 22	$12.6B	$6.3B	$18.9B
Q4 22	$15.8B	$7.6B	$23.4B
Q1 23	$12.0B	$12.8B	$24.8B
Q2 23	$12.8B	$10.9B	$23.7B
Q3 23	$13.1B	$7.1B	$20.2B
Q4 23	$15.2B	$5.7B	$20.9B
Q1 24	$18.4B	$3.7B	$22.2B
Q2 24	$12.1B	$3.3B	$15.4B
Q3 24	$13.7B	$2.2B	$16.0B
Q4 24	$13.6B	$982M	$14.6B
Q1 25	$12.4B	$1.0B	$13.4B
Q2 25	$10.9B	$998M	$11.9B
Q3 25	$12.5B	$1.0B	$13.5B
Q4 25	$12.4B	$0	$12.4B
Q1 26	$11.0B	$38.2B	$49.2B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 16	1.15B	-2.2%	—
Q3 16	1.13B	-1.6%	—
Q4 16	1.11B	-1.3%	—
Q1 17	1.10B	-1.0%	-6.0%
Q4 17	1.09B	-1.3%	-5.1%
Q3 18	1.09B	-0.1%	-3.6%
Q3 19	1.09B	+0.5%	-1.9%
Q1 20	1.09B	+0.2%	-0.7%
Q4 20	1.10B	+0.1%	+0.8%
Q2 21	1.10B	+0.4%	+1.2%
Q3 21	1.10B	+0.5%	+1.3%
Q4 23	1.10B	-0.5%	+0.6%
Q4 24	1.09B	-1.4%	-0.9%
Q1 25	1.08B	-0.7%	-1.9%
Q3 25	1.07B	-1.0%	-3.4%
Q1 26	1.05B	-1.7%	-4.6%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 16	$91.1K	333K
Q3 16	$87.2K	333K
Q4 16	$110.1K	295K
Q1 17	$91.1K	295K
Q4 17	$103.5K	313K
Q3 18	$74.7K	313K
Q3 19	$82.5K	283K
Q1 20	$95.1K	205K
Q4 20	$126.0K	174K
Q2 21	$104.9K	174K
Q3 21	$106.7K	174K
Q4 23	$155.4K	125K
Q4 24	$204.0K	53K
Q1 25	$187.4K	53K
Q3 25	$230.6K	53K
Q1 26	$217.4K	57K

Revenue / Employee