General Electric Company (GE) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 27	$1.86	$2.02	+8.6%	—	—	—
Q4 26	$1.6	$1.86	+16.3%	—	—	—
Q3 26	$2.01	$2.62	+30.3%	—	—	—
Q2 26	$1.47	$1.66	+12.9%	—	—	—
Q1 26	$1.43	$1.66	+16.1%	—	—	—
Q4 25	$1.27	$1.49	+17.3%	—	—	—
Q3 25	$1.04	$1.32	+26.9%	—	—	—
Q2 25	$1.13	$1.15	+1.8%	—	—	—
Q1 25	$0.99	$1.2	+21.2%	—	—	—
Q4 24	$0.7	$0.82	+17.1%	—	—	—
Q3 24	$0.9	$1.03	+14.4%	—	—	—
Q2 24	$0.56	$0.82	+46.4%	—	—	—
Q1 24	$0.46	$0.68	+47.8%	—	—	—
Q4 23	$0.14	$0.27	+92.9%	—	—	—
Q3 23	$1.16	$1.24	+6.9%	—	—	—
Q2 23	$0.49	$0.35	-28.6%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$8.2	—	—	$45.9B	—
FY24	—	$6.04	—	—	$38.7B	—
FY23	—	$8.44	—	—	$68B	—
FY22	—	$0.05	—	—	$58.1B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$119.5B	$99.3B	$97B	$90.2B	$75.8B	$56.5B	$58.1B	$68B	$38.7B	$45.9B
YoY change	+3.74%	-16.9%	-2.28%	-7%	-15.9%	-25.5%	+2.89%	+17%	-43%	+18.5%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	119.5B	99.3B	97B	90.2B	75.8B	56.5B	58.1B	68B	38.7B	45.9B
Cost of revenue	87.7B	75.6B	69.4B	64.9B	57.9B	43.4B	44.3B	50.4B	24.3B	31.4B
Gross profit	31.8B	23.7B	27.6B	25.4B	18B	13.1B	13.8B	17.6B	14.4B	14.4B
Gross margin	26.6%	23.9%	28.5%	28.1%	23.7%	23.2%	23.8%	25.8%	37.2%	31.5%
Research & development	—	—	3.4B	3.1B	2.6B	1.7B	1.8B	1.9B	1.3B	1.6B
Selling, general & administrative	17.6B	26.4B	17.4B	17.1B	15B	10.4B	11.8B	12.1B	6.3B	4.2B
Operating expenses	13.6B	24.8B	20.8B	20.2B	17.6B	12B	13.6B	14B	7.6B	5.8B
Operating income	14.2B	-2.7B	6.8B	5.2B	409M	1.1B	276M	3.6B	6.8B	8.7B
Operating margin	11.9%	-2.76%	6.97%	5.71%	0.54%	1.87%	0.48%	5.26%	17.5%	18.9%
Non-operating income, net	-2.4B	-4.3B	-23.5B	-3.8B	9.1B	-5.5B	-74M	7B	1B	1.2B
Pretax income	7B	-11.3B	-21B	-54M	6B	-5.7B	-799M	10.2B	7.6B	10B
Income tax	-1.1B	-2.8B	93M	552M	-487M	-757M	-3M	1.2B	962M	1.4B
Net income	7.2B	-8.8B	-22.4B	-4.9B	5.5B	-6.4B	407M	9.4B	6.6B	8.7B
Net margin	6.04%	-8.91%	-23.1%	-5.44%	7.31%	-11.3%	0.7%	13.9%	17%	19%
EBITDA	19.3B	1B	11.3B	8.2B	1.7B	3.4B	4.7B	8.5B	10.1B	12.1B
EPS	7.2	-5.76	-21	-4.96	4.64	-6.16	0.05	8.44	6.04	8.2
Diluted EPS	7.12	-5.76	-21	-4.96	4.64	-6.16	0.05	8.36	5.99	8.14

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	9.3B	19.4B	16.1B	9.1B	9.8B	10.8B	9.9B	11B	12.2B	12.7B	12.4B	13.3B
Cost of revenue	6B	14.4B	11.6B	5.6B	6.2B	6.8B	6B	7.5B	8.3B	8.9B	8.5B	9.2B
Gross profit	3.3B	5B	4.4B	3.5B	3.6B	4B	3.9B	3.5B	3.9B	3.8B	3.8B	4.2B
Gross margin	35.6%	25.9%	27.6%	38.7%	36.7%	37.5%	39.7%	31.6%	32.2%	29.9%	31%	31.1%
Research & development	247M	551M	507M	300M	331M	385M	359M	359M	415M	448M	440M	460M
Selling, general & administrative	1.7B	3.3B	2.9B	1.6B	2B	1.1B	1.6B	1B	1.2B	1.1B	1.1B	1.1B
Operating expenses	2B	3.8B	3.4B	1.9B	2.4B	1.4B	1.9B	1.4B	1.6B	1.5B	1.5B	1.6B
Operating income	1.4B	1.2B	1B	1.6B	1.2B	2.6B	2B	2.1B	2.3B	2.3B	2.3B	2.6B
Operating margin	14.5%	6.15%	6.42%	17.9%	12.6%	24.1%	20.2%	19%	19%	17.8%	18.7%	19.2%
Non-operating income, net	-911M	906M	864M	-134M	717M	-287M	279M	287M	268M	382M	270M	310M
Pretax income	333M	2B	1.9B	1.4B	1.9B	2.3B	2.2B	2.4B	2.5B	2.9B	2.2B	2.8B
Income tax	26M	421M	318M	125M	198M	395M	283M	388M	344M	390M	252M	407M
Net income	338M	1.6B	1.6B	1.3B	1.8B	1.9B	2B	2B	2.2B	2.6B	1.9B	2.4B
Net margin	3.63%	8.19%	9.74%	13.9%	18.7%	17.5%	19.9%	18.3%	17.7%	20.1%	15.5%	17.7%
EBITDA	2.2B	2.5B	2.4B	2.4B	2.1B	3.5B	2.8B	2.9B	3.1B	3.4B	3B	3.4B
EPS	0.24	1.46	1.41	1.16	1.71	1.76	1.85	1.91	2.04	2.42	1.82	2.28
Diluted EPS	0.24	1.45	1.39	1.15	1.7	1.75	1.83	1.89	2.02	2.4	1.81	2.26

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	170.8B	90.3B	39.4B	60.7B	58.9B	64.6B	57.2B	110.9B	181B	326.8B	330.2B
Enterprise value	214.6B	142.9B	78.4B	105.8B	93.1B	74.6B	59.9B	111.2B	185.7B	334.9B	349.9B
Shares outstanding	1.1B	1.1B	1.1B	1.1B	1.1B	1.1B	1.1B	1.1B	1.1B	1.1B	1.1B

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	23.7	—	—	—	10.6	—	140.6	11.7	27.6	37.6	38.6
P/S	1.43	0.91	0.41	0.67	0.78	1.14	0.98	1.63	4.68	7.13	6.7
P/B	2.2	1.23	0.77	2.03	1.59	1.55	1.64	3.88	9.25	17.3	19.2
EV/EBITDA	11.1	138.8	6.96	13	56.1	22.1	12.9	13.1	18.3	27.6	30.5
EV/Sales	1.8	1.44	0.81	1.17	1.23	1.32	1.03	1.64	4.8	7.3	6.91
Earnings yield	4.22%	—	—	—	9.42%	—	0.71%	8.51%	3.63%	2.66%	2.59%
FCF yield	-3.97%	-0.6%	-5%	10.3%	3.12%	3.66%	8.29%	3.23%	2.03%	2.22%	2%
PEG	—	—	—	—	—	—	—	—	—	—	1.99

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	26.6%	23.9%	28.5%	28.1%	23.7%	23.2%	23.8%	25.8%	37.2%	31.5%	31.1%
Operating margin	11.9%	-2.76%	6.97%	5.71%	0.54%	1.87%	0.48%	5.26%	17.5%	18.9%	20.6%
Net margin	6.04%	-8.91%	-23.1%	-5.44%	7.31%	-11.3%	0.7%	13.9%	17%	19%	17.7%
ROE	9.31%	-12%	-43.6%	-16.4%	15%	-15.4%	1.17%	33%	33.6%	46%	48.2%
ROA	1.97%	-2.4%	-7.21%	-1.85%	2.16%	-3.22%	0.22%	5.79%	5.33%	6.68%	5.07%
ROIC	11.7%	-2.17%	7.48%	6.86%	0.57%	2.05%	0.73%	11%	24.4%	27.6%	29.6%
Return on tangible assets	3.77%	-5.5%	-10.3%	-2.58%	2.98%	-5.01%	0.27%	7.56%	6.73%	8.4%	8.84%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.92	1.81	1.79	1.31	1.55	1.28	1.18	1.18	1.09	1.04	0.98
Quick ratio	1.65	1.57	1.57	1.09	1.26	0.97	0.88	0.85	0.81	0.74	0.67
Debt / equity	1.76	1.83	2.01	3.04	2.11	0.91	0.75	0.8	0.99	1.08	1.13
Debt / assets	0.37	0.36	0.33	0.34	0.3	0.19	0.14	0.14	0.16	0.16	0.15
Net debt / EBITDA	2.27	51.1	3.46	5.54	20.6	2.95	0.59	0.03	0.46	0.67	0.77
Interest coverage	2.4	-1.44	-3.4	0.98	2.7	-2.18	0.46	10.1	8.73	12.9	10.6
Effective tax rate	0%	0%	0%	0%	0%	0%	0%	11.4%	12.6%	14.1%	13.4%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	105.9	91.9	89.3	82.7	69.3	51.4	53	62.4	35.7	43.2	48.3
EPS (basic)	7.2	-5.76	-21	-4.96	4.64	-6.16	0.05	8.44	6.04	8.2	8.2
EPS (diluted)	7.12	-5.76	-21	-4.96	4.64	-6.16	0.05	8.36	5.99	8.14	8.47
Book value per share	68.7	68	47.4	27.4	33.9	37.9	31.9	26.2	18	17.8	17
FCF per share	-6.02	-0.5	-1.81	5.72	1.68	2.16	4.33	3.29	3.39	6.85	8.02
Cash per share	81.9	75.9	59.5	41.9	40.1	25.6	21.4	20.8	13.5	11.7	9.59
Capex per share	2.46	1.03	2.33	1.68	1.26	0.88	0.88	1.38	0.85	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	2.32%	1.12%	2.61%	2.04%	1.81%	1.7%	1.67%	2.22%	2.37%	—	—
Capex / operating cash flow	23.4%	46%	-13.3%	30.1%	-28.8%	-20.5%	44.2%	10.4%	12.1%	—	—
Payout ratio	122.1%	-97.8%	-19.9%	-13.2%	11.7%	-8.97%	157%	6.24%	15.4%	16.7%	19.6%
Dividend yield	5.15%	9.58%	11.4%	1.07%	1.1%	0.89%	1.12%	0.53%	0.56%	0.44%	0.59%

Yield

0.59%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.47

ex-dividend Jul 6, 2026

Payout ratio

20%

of earnings

Dividend growth

3 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jul 6, 2026	$0.47
Mar 9, 2026	$0.47
Dec 29, 2025	$0.36

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$9.3B	$19.4B	$16.1B	$9.1B	$9.8B	$10.8B	$9.9B	$11B	$12.2B	$12.7B	$12.4B	$13.3B
YoY change	-35.7%	-10.9%	+10.8%	+3.87%	+5.81%	-44.3%	-38.1%	+21.2%	+23.8%	+17.6%	+24.7%	+21.1%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	92.4B	82B	64.6B	45.7B	43.8B	28.1B	23.4B	22.7B	14.6B	12.4B
Receivables	36.3B	34.5B	22.3B	17.6B	16.7B	15.6B	14.8B	15.5B	7.4B	9.3B
Inventory	22.4B	19.4B	13.8B	17.2B	15.9B	15.8B	14.9B	16.5B	9.8B	11.9B
Total current assets	158.8B	147.1B	109.6B	103.1B	84.9B	66.3B	58.4B	59.8B	37.6B	40.6B
Property, plant & equipment	—	42.4B	35.2B	9.8B	12.9B	11.9B	9.5B	9.6B	4.1B	4.7B
Goodwill & intangibles	173.8B	208.5B	92.3B	74.8B	70.4B	70.9B	38.2B	38.2B	25.6B	26.6B
Total assets	365.2B	369.2B	311.1B	265.2B	256.2B	198.8B	188.9B	163B	123.1B	130.2B
Accounts payable	14.4B	15.2B	13.8B	17.4B	16.5B	16.2B	10B	10.7B	6.3B	5.7B
Short-term debt	31B	24.7B	12.8B	23.6B	4.7B	4.4B	3.7B	1.3B	2B	1.7B
Total current liabilities	82.6B	81.2B	61.2B	78.9B	54.6B	52B	49.4B	50.9B	34.4B	39B
Long-term debt	105.2B	109.9B	90.8B	67.2B	73.4B	33.7B	22.4B	21.7B	17.2B	18.8B
Total liabilities	287.7B	295.7B	259.6B	235.3B	219.1B	157.3B	153.9B	134.5B	103.6B	111.3B
Shareholders' equity	77.5B	73.5B	51.5B	29.9B	37.1B	41.6B	34.9B	28.6B	19.6B	18.9B
Total debt	136.2B	134.6B	103.6B	90.9B	78.1B	38B	26.1B	22.9B	19.3B	20.5B
Net debt	88.1B	91.3B	72.5B	55.1B	41.6B	22.3B	10.3B	6B	5.7B	8.1B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	20.2B	22.7B	22.2B	15.4B	16B	14.6B	13.4B	11.9B	13.5B	12.4B	11B	9.3B
Receivables	14.5B	15.5B	15.1B	8.4B	8.9B	7.4B	7.5B	8.3B	8.5B	9.3B	9.9B	9.8B
Inventory	17B	16.5B	17.6B	9.5B	9.7B	9.8B	10.5B	11.3B	11.7B	11.9B	12.4B	12.4B
Total current assets	56.4B	59.8B	59.6B	37.4B	38.6B	37.6B	37.6B	37.8B	40.1B	40.6B	40.4B	39.7B
Property, plant & equipment	12.2B	9.6B	12.3B	7.1B	7.3B	4.1B	7.4B	7.5B	7.6B	4.7B	8B	8.1B
Goodwill & intangibles	37.9B	38.2B	37.7B	26.5B	26.3B	25.6B	25.9B	26.7B	26.6B	26.6B	26.3B	26.1B
Total assets	156.7B	163B	163.9B	123.2B	126.7B	123.1B	124.1B	125.3B	128.2B	130.2B	128.4B	127.7B
Accounts payable	10.7B	10.7B	10.5B	5.6B	5.9B	6.3B	6.8B	7.3B	7.4B	5.7B	6.1B	6.2B
Short-term debt	1.3B	1.3B	1B	1.7B	1.7B	2B	2.1B	1.9B	2.1B	1.7B	2.1B	2B
Total current liabilities	48.2B	50.9B	51.1B	32.8B	34.1B	34.4B	34.9B	36.5B	37.2B	39B	40B	40.4B
Long-term debt	19.5B	21.7B	19.5B	18B	18.2B	17.2B	17.5B	17B	18.8B	18.8B	18.2B	17.2B
Total liabilities	126.8B	134.5B	132.8B	104.3B	107.6B	103.6B	104.7B	105.9B	109.2B	111.3B	110.1B	109.8B
Shareholders' equity	29.8B	28.6B	31.1B	18.8B	19.1B	19.6B	19.5B	19.3B	19B	18.9B	18.3B	17.9B
Total debt	20.8B	22.9B	20.5B	19.7B	19.9B	19.3B	19.6B	18.9B	20.8B	20.5B	20.3B	19.2B
Net debt	7.7B	6B	2.1B	7.6B	6.2B	5.7B	7.2B	8B	8.3B	8.1B	9.3B	9.8B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	7.2B	-8.8B	-22.4B	-4.9B	5.5B	-4.9B	-795M	9B	6.7B	8.6B
Depreciation & amortization	7.1B	6.2B	6.6B	3.5B	3.5B	2.4B	2.9B	2.1B	1.2B	1.2B
Stock-based compensation	—	—	—	—	—	—	—	—	—	—
Change in working capital	981M	-2.7B	1.5B	912M	1.2B	112M	-644M	1.9B	-697M	-470M
Operating cash flow	11.9B	2.4B	-19B	6.1B	-4.8B	-4.7B	2.2B	14.5B	7.6B	8.5B
Capital expenditure	-2.8B	-1.1B	-2.5B	-1.8B	-1.4B	-962M	-968M	-1.5B	-918M	—
Investing cash flow	3.4B	5.7B	16.7B	8.2B	20.8B	4.8B	11.8B	7.9B	407M	-51M
Dividends paid	-8.8B	-8.7B	-4.5B	-649M	-648M	-575M	-639M	-589M	-1B	-1.5B
Share repurchases	—	—	—	—	—	-107M	-1.2B	-7B	-5.8B	-7.6B
Financing cash flow	-69.8B	-21.4B	-27.3B	-15.7B	-19.8B	-45.3B	-13.7B	-10.6B	-6.6B	-8.7B
Net change in cash	-54.5B	-13.2B	-29.7B	-1.4B	-3.7B	-45.2B	272M	11.8B	1.4B	-196M
Free cash flow	-6.8B	-542M	-2B	6.2B	1.8B	2.4B	4.7B	3.6B	3.7B	7.3B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	307M	1.6B	1.5B	1.3B	1.7B	1.9B	2B	2B	2.2B	2.5B	1.9B	2.4B
Depreciation & amortization	292M	534M	523M	283M	313M	298M	299M	311M	303M	307M	312M	313M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	200M	2.2B	42M	-241M	-147M	-457M	184M	-205M	-334M	-115M	457M	196M
Operating cash flow	1.6B	5.1B	2.1B	693M	2.5B	1.7B	2B	2.8B	2.5B	2.3B	1.8B	3.2B
Capital expenditure	-216M	-518M	-380M	-246M	-251M	-255M	-198M	-312M	—	—	—	—
Investing cash flow	2.5B	1.3B	1.9B	-1.1B	823M	606M	-419M	-876M	-371M	1.1B	-206M	-1B
Dividends paid	-151M	-88M	-86M	-308M	-308M	-306M	-302M	-386M	-383M	-381M	-381M	-492M
Share repurchases	-3.1B	-288M	-322M	-2.3B	-1.5B	-1.7B	-2B	-1.7B	-1.8B	-2B	-2.4B	-2.1B
Financing cash flow	-3.8B	-396M	-204M	-2.9B	-1.5B	-2.2B	-2.3B	-3.2B	-2.4B	-2.8B	-2.8B	-3.5B
Net change in cash	246M	6B	3.8B	-3.3B	1.8B	135M	-723M	-1.3B	-221M	560M	-1.2B	-1.4B
Free cash flow	1.6B	2.6B	571M	616M	1.2B	1B	1.3B	1.9B	2.2B	1.9B	1.5B	2.9B

Date	Ratio
Jan 4, 2023	1281:1000
Aug 2, 2021	1:8
Feb 26, 2019	104:100
May 8, 2000	3:1
May 12, 1997	2:1
May 16, 1994	2:1
May 26, 1987	2:1
Jun 2, 1983	2:1
Jun 8, 1971	2:1

General Electric Company Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history