MARKET COMPOSITE
GE - General Electric Co.4:51:13 PM 4/23/2024
Price
$161.04
+ 10.85 (7.23%)
General Electric Company is an American multinational conglomerate incorporated in New York City and headquartered in Boston. As of 2018, the company operates through the following segments: aviation, healthcare, power, renewable energy, digital industry, additive manufacturing and venture capital and finance. In 2019, GE ranked among the Fortune 500 as the 21st-largest firm in the United States by gross revenue. In 2011, GE ranked among the Fortune 20 as the 14th-most profitable company but has since very severely underperformed the market as its profitability collapsed. Two employees of GE—Irving Langmuir and Ivar Giaever —have been awarded the Nobel Prize.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue-29.1B-268%
Gross Profit-3.9B-
Cost Of Revenue-25.2B-288%
Operating Income2B-
Operating Expenses-6B-
Net Income-6.3B-1910%
R&D550MM+17%
G&A2.5B+16%
Amortization157MM+5%
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