GE Aerospace (GE)
(Delayed Data from NYSE)
$187.08 USD
+3.19 (1.73%)
Updated Oct 4, 2024 04:00 PM ET
After-Market: $186.68 -0.40 (-0.21%) 7:58 PM ET
3-Hold of 5 3
D Value B Growth C Momentum C VGM
Company Summary
GE Aerospace (erstwhile General Electric Company) is a leading designer, developer and producer of jet engines, components and integrated systems for military, commercial and business aircraft. The company is well-known for its aero-derivative gas turbines for marine applications. Its zeal to invest in upgrades and innovation of products along with outstanding service capabilities and technological expertise raises its competitive appeal. Founded in 1892, General Electric (now GE Aerospace) is currently headquartered in Evendale, OH. The company operates its businesses in the United States, Europe, Asia, the Middle East and Africa, and the Americas. Its products and services range from jet ...
Company Summary
GE Aerospace (erstwhile General Electric Company) is a leading designer, developer and producer of jet engines, components and integrated systems for military, commercial and business aircraft. The company is well-known for its aero-derivative gas turbines for marine applications. Its zeal to invest in upgrades and innovation of products along with outstanding service capabilities and technological expertise raises its competitive appeal. Founded in 1892, General Electric (now GE Aerospace) is currently headquartered in Evendale, OH. The company operates its businesses in the United States, Europe, Asia, the Middle East and Africa, and the Americas. Its products and services range from jet engines like LEAP, GE9X & GEnx, airframes, avionics systems, aviation electric power systems, turboprop engines, engine gear, and transmission components and services among others.
In April 2024, GE Aerospace emerged as a separate public company, following the spin-off of GE Vernova business from General Electric. This marked the completion of General Electric’s multi-year portfolio restructuring actions, separating into three stand-alone publicly-traded companies.
Over the years, General Electric conducted several restructuring actions to significantly boost its businesses and financial position. In November 2021, the company completed the divestment of the GE Capital Aviation Services business to AerCap Holdings N.V. Also, in January 2023, General Electric spun off its healthcare business, GE HealthCare, into a separate public company.
GE Aerospace currently operates as an aviation-focused company, under the following businesses:
Commercial Engines and Services: It offers jet engines for commercial airframes, which power aircraft across all categories including narrowbody, widebody and regional. It also provides maintenance, component repair and overhaul services (MRO), including spare parts.
Defense: It produces jet engines for defense airframes, which power various types of defense aircrafts including fighters, bombers, helicopters, tankers, surveillance aircraft and marine applications.
Systems & Other: It offers turboprop engines, avionics systems, aviation electric power systems, engine gear and transmission components, and services for commercial and defense businesses. It provides additive materials, additive machines and additive engineering services.
General Information
GE Aerospace
1 Neumann Way
Evendale, OH 45215
Phone: 617-443-3000
Fax: 203-373-3131
Web: http://www.geaerospace.com
Email: blaire.shoor@ge.com
Industry | Transportation - Airline |
Sector | Transportation |
Fiscal Year End | December |
Last Reported Quarter | 9/30/2024 |
Earnings Date | 10/22/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 1.12 |
Current Year EPS Consensus Estimate | 4.20 |
Estimated Long-Term EPS Growth Rate | 24.20 |
Earnings Date | 10/22/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 183.89 |
52 Week High | 190.88 |
52 Week Low | 84.15 |
Beta | 1.18 |
20 Day Moving Average | 4,883,591.00 |
Target Price Consensus | 199.88 |
4 Week | 12.23 |
12 Week | 13.57 |
YTD | 44.08 |
4 Week | 8.36 |
12 Week | 11.27 |
YTD | 20.57 |
Shares Outstanding (millions) | 1,084.31 |
Market Capitalization (millions) | 199,393.95 |
Short Ratio | NA |
Last Split Date | 5/8/2000 |
Dividend Yield | 0.61% |
Annual Dividend | $1.12 |
Payout Ratio | 0.29 |
Change in Payout Ratio | 0.02 |
Last Dividend Payout / Amount | 9/26/2024 / $0.56 |
Fundamental Ratios
P/E (F1) | 43.81 |
Trailing 12 Months | 47.52 |
PEG Ratio | 1.81 |
vs. Previous Year | 76.47% |
vs. Previous Quarter | 46.34% |
vs. Previous Year | -45.54% |
vs. Previous Quarter | -43.35% |
Price/Book | 10.58 |
Price/Cash Flow | 36.64 |
Price / Sales | 3.22 |
9/30/24 | Pending Next EPS Report |
6/30/24 | 16.07 |
3/31/24 | 12.54 |
9/30/24 | Pending Next EPS Report |
6/30/24 | 2.87 |
3/31/24 | 2.36 |
9/30/24 | Pending Next EPS Report |
6/30/24 | 1.14 |
3/31/24 | 1.17 |
9/30/24 | Pending Next EPS Report |
6/30/24 | 0.85 |
3/31/24 | 0.82 |
9/30/24 | Pending Next EPS Report |
6/30/24 | 7.03 |
3/31/24 | 5.50 |
9/30/24 | Pending Next EPS Report |
6/30/24 | 7.66 |
3/31/24 | 5.05 |
9/30/24 | Pending Next EPS Report |
6/30/24 | 8.89 |
3/31/24 | 8.00 |
9/30/24 | Pending Next EPS Report |
6/30/24 | 17.38 |
3/31/24 | 28.42 |
9/30/24 | Pending Next EPS Report |
6/30/24 | 3.38 |
3/31/24 | 3.02 |
9/30/24 | Pending Next EPS Report |
6/30/24 | 0.95 |
3/31/24 | 0.63 |
9/30/24 | Pending Next EPS Report |
6/30/24 | 48.82 |
3/31/24 | 38.53 |