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GE Aerospace GE

$321.82
+$2.02 (+0.63%)
Market open · Sep 24, 2:00 pm ET
After hours $319.95 +0.05%
Open$317.24
Prev close$319.80
Day range$315.48 – $323.17
Volume1.85M
Market cap$333.90B
P/E (TTM)38.4
Dividend yield0.52%

Fundamentals

Latest reported quarter: Q2, ended Jun 2026

Revenue$13.35B+21.1% YoY
Operating profit$2.56B+22.0% YoY
Net profit$2.36B+16.6% YoY
Diluted EPS$2.26+19.6% YoY
Free cash flow$2.86B+49.0% YoY
Operating cash flow$3.20B

Revenue, last 8 quarters

$9.8BSep '24$10.8BDec '24$9.9BMar '25$11.0BJun '25$12.2BSep '25$12.7BDec '25$12.4BMar '26$13.3BJun '26

Net profit, last 8 quarters

$1.8BSep '24$1.9BDec '24$2.0BMar '25$2.0BJun '25$2.2BSep '25$2.6BDec '25$1.9BMar '26$2.4BJun '26

Diluted EPS by quarter

1.70Sep '241.75Dec '241.83Mar '251.89Jun '252.02Sep '252.40Dec '251.81Mar '262.26Jun '26

Free cash flow by quarter

$1.2BSep '24$1.0BDec '24$1.3BMar '25$1.9BJun '25$2.2BSep '25$1.9BDec '25$1.5BMar '26$2.9BJun '26

Annual revenue

$75.8BFY20$56.5BFY21$29.1BFY22$35.3BFY23$38.7BFY24$45.9BFY25

Profitability & balance sheet

Gross margin31.0%
Operating margin18.7%
Net margin17.7%
Return on equity48.8%
Return on assets7.1%
Return on invested capital24.7%
Current ratio0.98
Liabilities / assets86.0%
Cash & investments$9.35B
Total debt$19.16B
Net cash (debt)-$9.81B
Free cash flow / sales16.6%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Commercial Engines & Services$9.73B 73.9%
  • Defense & Propulsion Technologies$3.44B 26.1%

Income statement

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Revenue as Reported $13.35B $12.39B $45.86B $12.72B $12.18B
Total Operating Revenue $13.35B $12.39B $45.86B $12.72B $12.18B
Cost of Revenue $9.20B $8.55B $31.42B $8.91B $8.26B
Gross Profit $4.15B $3.85B $14.44B $3.80B $3.92B
Operating Expense $1.59B $1.52B $5.76B $1.54B $1.61B
Selling and Admin Expenses $1.13B $1.08B $4.18B $1.09B $1.20B
-General & Admin Expense $1.13B $1.08B $4.18B $4.73B $500.00M
Research & Development $460.00M $440.00M $1.58B $448.00M $415.00M
Operating Profit $2.56B $2.32B $8.68B $2.27B $2.31B
Net Non-Operating Interest Income (Expense) -$69.00M -$395.00M $103.00M $200.00M -$63.00M
Non-Operating Interest Income $146.00M – $946.00M $450.00M $162.00M
Non-Operating Interest Expense $215.00M $395.00M $843.00M $250.00M $225.00M
Other Income (Expense) $310.00M $270.00M $1.22B $382.00M $268.00M
Earnings from Equity Interest $67.00M $62.00M $216.00M $92.00M $48.00M
Special Income (Charges) -$34.00M -$55.00M -$85.00M $41.00M -$45.00M
-Less:Restructuring and Mergern & Acquisition $34.00M $55.00M $112.00M -$38.00M $53.00M
Other Non-Operating Income (Expenses) $277.00M $263.00M $1.09B $249.00M $265.00M
Pretax Profit $2.80B $2.20B $10.00B $2.85B $2.52B
Tax $407.00M $252.00M $1.41B $390.00M $344.00M
Net Profit $2.36B $1.92B $8.70B $2.55B $2.15B
Profit from Continuing Operations $2.40B $1.95B $8.60B $2.46B $2.17B
Net Income from Discontinuous Operations -$38.00M -$26.00M $103.00M $89.00M -$17.00M
Minority Interests -$13.00M $16.00M -$6.00M $10.00M -$3.00M
Net Income to Parent Company $2.37B $1.90B $8.70B $2.54B $2.16B
Net Income to Common Stockholders $2.37B $1.90B $8.70B $2.54B $2.16B
Basic EPS $2.28 $1.82 $8.20 $2.42 $2.04
Diluted EPS $2.26 $1.81 $8.14 $2.40 $2.02
Dividend Per Share $0.47 $0.47 $1.44 $0.36 $0.36
-Less:Impairment of Capital Assets – – $0.00 $0.00 $0.00
-Gain on Sale Of Business – – $27.00M $3.00M $8.00M
-Selling & Marketing Expense – – – – $1.20B

Balance sheet

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Assets $127.67B $128.45B $130.17B $130.17B $128.24B
Total Current Assets $39.70B $40.36B $40.60B $40.60B $40.08B
Cash and Cash Equivalents & Short-Term Investments $9.35B $10.98B $12.39B $12.39B $13.51B
-Cash and Cash Equivalents $9.35B $10.98B $12.39B $12.39B $12.50B
Receivables $15.12B $14.95B $14.42B $14.42B $13.05B
-Accounts Receivable $9.79B $9.89B $9.27B $9.27B $8.51B
-Taxes Receivable $154.00M $186.00M $165.00M $165.00M $148.00M
-Other Receivables $5.28B $4.96B $5.08B $5.08B $4.48B
-Receivables Adjustments Allowances -$105.00M -$93.00M -$94.00M -$94.00M -$86.00M
Prepaid Assets $718.00M $955.00M $867.00M $867.00M $730.00M
Inventory $12.44B $12.37B $11.87B $11.87B $11.67B
Other Current Assets $2.08B $1.11B $1.05B $1.05B $1.12B
Total Non-Current Assets $87.97B $88.08B $89.57B $89.57B $88.17B
Net PPE $8.13B $7.97B $7.99B $7.99B $7.61B
-Gross PPE $18.94B $18.58B $18.41B $18.41B $17.89B
-Accumulated Depreciation -$10.80B -$10.61B -$10.42B -$10.42B -$10.29B
Investments and Advances $37.91B $38.19B $38.79B $38.79B $38.16B
-Available for Sale Securities $37.91B $38.19B $38.79B $38.79B $38.16B
Non Current Accounts Receivables $4.98B $4.97B $4.92B $4.92B $4.72B
Goodwill and Other Intangible Assets $13.04B $13.15B $13.29B $13.29B $13.32B
-Goodwill $8.95B $9.00B $9.06B $9.06B $9.04B
-Other Intangible Assets $4.09B $4.15B $4.23B $4.23B $4.28B
Non-Current Deferred Assets $6.93B $6.97B $7.46B $7.46B $6.85B
Other Non-Current Assets $16.99B $16.83B $17.13B $17.13B $17.52B
Total Liabilities $109.81B $110.15B $111.27B $111.27B $109.22B
Total Current Liabilities $40.43B $40.03B $38.98B $38.98B $37.20B
Payables $10.82B $10.68B $10.08B $10.08B $9.48B
-Accounts Payable $6.20B $6.08B $5.73B $5.73B $7.40B
-Other Payable $4.62B $4.60B $4.34B $4.34B $2.09B
Short-Term Debt and Capital Lease Obligation $2.00B $2.10B $1.69B $1.69B $2.07B
-Current Debt $2.00B $2.10B $1.69B $1.69B $2.07B
Current Deferred Liabilities $18.10B $17.93B $18.00B $18.00B $16.83B
Other Current Liabilities $9.51B $9.32B $9.22B $9.22B $8.82B
Total Non-Current Liabilities $69.38B $70.12B $72.29B $72.29B $72.02B
Long Term Debt and Capital Lease Obligation $17.16B $18.17B $18.81B $18.81B $18.77B
-Long Term Debt $17.16B $18.17B $18.81B $18.81B $18.77B
Non-Current Deferred Liabilities $1.07B $1.08B $1.07B $1.07B $1.08B
Employee Benefits $6.54B $6.66B $6.83B $6.83B $6.73B
Other Non-Current Liabilities $43.47B $42.92B $44.17B $44.17B $44.15B
Total Equity $17.87B $18.30B $18.90B $18.90B $19.02B
Stockholders' Equity $17.64B $18.06B $18.68B $18.68B $18.81B
Capital Stock $15.00M $15.00M $15.00M $15.00M $15.00M
-Common Stock $15.00M $15.00M $15.00M $15.00M $15.00M
Retained Earnings $90.95B $89.07B $87.66B $87.66B $85.50B
Less: Treasury Stock $91.45B $89.69B $87.80B $87.80B $86.00B
Gains/Losses Not Affecting Retained Earnings -$4.95B -$4.49B -$4.80B -$4.80B -$4.35B
Other Equity Interests $23.07B $23.15B $23.60B $23.60B $23.64B
Minority Interests $227.00M $240.00M $221.00M $221.00M $209.00M
-Due to Related Parties Current – $2.41B $2.55B $2.55B –
-Short Term Investments – – $0.00 $0.00 $1.01B

Cash flow

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Operating Cash Flow $3.20B $1.82B $8.54B $2.28B $2.50B
Net cash flow from continuing operations $3.26B $1.87B $8.54B $2.10B $2.56B
Net Income from Continuing Operations $2.40B $1.95B $8.60B $2.46B $2.17B
Gain/Loss from Continuing Operations -$349.00M -$4.00M -$1.60B -$601.00M -$342.00M
Depreciation & Depletion & Amortization $313.00M $312.00M $1.22B $307.00M $303.00M
Deferred Tax $406.00M $252.00M $1.41B $390.00M $344.00M
Other Non-Cash Items $405.00M -$1.06B $136.00M -$45.00M $598.00M
Change in Working Capital $196.00M $457.00M -$470.00M -$115.00M -$334.00M
-Change in Receivables -$21.00M -$641.00M -$2.95B -$1.56B -$164.00M
-Change in Inventory -$109.00M -$534.00M -$1.98B -$194.00M -$393.00M
-Change in Payables and Accrued Expense $188.00M $668.00M $1.99B $495.00M $3.00M
-Change In Other Working Capital $138.00M $964.00M $2.47B $1.15B $220.00M
Cash Flow from Discontinued Operating Activities -$64.00M -$44.00M -$6.00M $185.00M -$55.00M
Net cash flow from investing -$1.05B -$919.00M -$1.15B $305.00M -$606.00M
Net Cash Flow from Continuing Investing Activities -$988.00M -$875.00M -$776.00M $550.00M -$393.00M
Net PPE Purchase and Sale -$290.00M -$318.00M -$1.15B -$384.00M -$256.00M
Net Business Purchase and Sale -$1.00M $0.00 -$360.00M $0.00 -$6.00M
Net Investment Purchase and Sale $344.00M -$351.00M $425.00M -$170.00M $234.00M
Net Other Investing Changes -$1.04B -$206.00M $309.00M $1.11B -$365.00M
Financing Cash Flow -$3.56B -$2.83B -$8.68B -$2.83B -$366.00M
Net Cash Flow from Continuing Financing Activities -$3.56B -$2.83B -$8.68B -$2.83B -$366.00M
Net Issuance Payments Of Debt -$986.00M -$60.00M $199.00M -$499.00M $1.93B
Net Common Stock Issuance -$2.13B -$2.40B -$7.55B -$2.00B -$1.84B
Cash Dividends Paid -$492.00M -$381.00M -$1.45B -$381.00M -$383.00M
Net Other Financing Charges $45.00M $9.00M $122.00M $51.00M -$65.00M
Cash Flow from Discontinued Financing Activities $0.00 $0.00 $0.00 $0.00 $0.00
Ending Cash Balance $10.51B $11.80B $13.66B $13.66B $13.84B
Net Change in Cash -$1.28B -$2.93B -$2.42B -$196.00M $1.79B
Beginning Cash Balance $11.80B $14.78B $15.88B $13.84B $12.05B
Effect of Exchange Rate Changes -$11.00M -$57.00M $201.00M $12.00M $1.00M
Free Cash Flow $2.86B $1.49B $7.26B $1.85B $2.19B
Net Preferred Stock Issuance – – $0.00 – –
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