General Electric Company, doing business as GE Aerospace, designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and aircraft systems. The company operates through two segments, Commercial Engines & Services, and Defense & Propulsion Technologies. The Commercial Engines & 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 & Propulsion Technologies designs, develops, manufactures, and services jet engines and avionics and power systems for governments, militaries, and commercial airframers, as well as MRO of engines and the sale of spare parts. This segment also offers aircraft components and systems, such as small turboprop engines, aeroengine mechanical transmissions, turbines, combustors and controls, additive manufacturing, propeller systems, ignition systems, sensors and engine accessories for fixed wing and rotorcraft applications for commercial and military end users under the Avio Aero, Unison, Dowty Propellers, and Colibrium Additive brands. The company operates in the United States, Europe, Asia, the Americas, the Middle East, and Africa. General Electric Company was incorporated in 1892 and is based in Evendale, Ohio.
Aerospace Ascendancy | GE's aerospace division emerges as a cornerstone for growth, with anticipated increases in LEAP engine deliveries bolstering revenue and market position |
Financial Trajectory | GE targets $13B EBIT by 2028, with EPS projections rising from 5.56 to 6.41. Analysts' price targets range from $210 to $250, averaging $230 |
Aftermarket Advantage | Explore GE's strategic focus on high-margin aftermarket services, promising long-term dependable growth and enhanced profitability |
Market Dynamics | Delve into GE's navigation of industry challenges, including market volatility and operational hurdles, as it pursues ambitious growth targets |
Metrics to compare | GE | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipGEPeersSector | |
|---|---|---|---|---|
P/E Ratio | 37.4x | 39.9x | 12.5x | |
PEG Ratio | 1.04 | 0.88 | 0.03 | |
Price/Book | 17.2x | 10.3x | 1.4x | |
Price / LTM Sales | 7.0x | 5.1x | 1.3x | |
Upside (Analyst Target) | 18.1% | 35.8% | 16.0% | |
Fair Value Upside | Unlock | −12.6% | 6.6% | Unlock |