GE Aerospace's stock price stands at $285.13, marking a 0.2% increase from the previous close of $284.56. With a trading volume of $3.58 million, the asset shows a trading volume 61.33% higher than the average.
During the latest earnings on April 20th, GE met the consensus estimate with earnings per share (EPS) of 1.58.
GE offers a forward dividend yield of 0.659%, with dividends per share at 47 cents for the most recent quarter and $1.55 trailing twelve months.
The company's free cash flow stands at $1.50 billion, with a net change in cash of -$1.98 billion, ending the period with $12.80 billion in cash.
GE's revenue reached $12.39 billion, generating a gross profit of $3.85 billion. The net income stands at $1.94 billion, with earnings per share (EPS) at $1.82.
Key ratios include a net profit margin of 15.62%, return on equity at 10.72%, and a price-to-earnings ratio of 38.03.
Total assets amount to $128.44 billion, with total liabilities at $110.15 billion. The company maintains a net debt of $9.30 billion.
This comprehensive analysis showcases GE's financial performance and market position amidst current economic conditions.
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 includes Avio Aero, Unison, GE Additive, and Dowty Propellers. It operates through the Commercial Engines & Services and Defense & Propulsion Technologies segments. The Commercial Engines & Services segment is involved in the design, development, manufacturing, and servicing of jet engines for commercial airframes, as well as business aviation and aeroderivative applications. The Defense & Propulsion Technologies segment offers defense engines and critical aircraft systems. The company was founded by Thomas Alva Edison in 1878 and is headquartered in Evendale, OH.