General Electric Company, doing business as GE Aerospace, designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and mechanical aircraft systems. The company operates through two reportable segments, Commercial Engines and Services, and Defense and Propulsion Technologies. The Commercial Engines and Services segment designs, develops, manufactures, maintenance, repair, and overhaul (MRO) services of jet engines and sale of spare parts for commercial airframes, business aviation, and aeroderivative applications. The Defense and Propulsion Technologies segment provides designs, develops, manufactures, and MRO services jet engines and avionics and power systems for governments, militaries and commercial airframers, as well as sale of spare parts. Its Defense and Propulsion Technologies segment also offers small turboprop engines, aeroengine mechanical transmissions, turbines, combustors and controls, additive manufacturing, propeller systems, ignition systems, sensors and engine accessories for both fixed wing and rotorcraft applications. The company operates in the United States, Europe, China, rest of Asia, the Americas, the Middle East, and Africa. General Electric Company was incorporated in 1892 and is based in Evendale, Ohio.
Aerospace Powerhouse | GE's aerospace division drives growth with advanced engines and avionics, capturing substantial market share in a competitive landscape |
Financial Resilience | Explore GE's impressive financial performance, exceeding analyst expectations with strong revenue growth and positive earnings forecasts |
Strategic Transformation | Delve into GE's focus on high-growth areas and operational efficiency, positioning the company as a potential outperformer in the industrials secto |
Future Prospects | Analysts project a bright outlook with price targets ranging from $200 to $250, reflecting confidence in GE's growth trajectory and market position |
Metrics to compare | GE | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipGEPeersSector | |
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P/E Ratio | 36.5x | 49.3x | 12.0x | |
PEG Ratio | 0.34 | 1.15 | 0.03 | |
Price/Book | 13.1x | 8.9x | 1.4x | |
Price / LTM Sales | 6.3x | 5.8x | 1.2x | |
Upside (Analyst Target) | −3.3% | 0.0% | 18.9% | |
Fair Value Upside | Unlock | −35.2% | 8.3% | Unlock |