General Electric
RANK
48
General Electric continues to reshape itself as its leaders slim down what was once one of America’s biggest conglomerates. In November 2021 the company announced what will likely amount to its final breakup: a plan to split into three separate companies focused on aircraft engines, health care, and energy and power, respectively. The health care and energy spinoffs are expected to be completed by the end of 2024. In the meantime, GE remains a major employer and a significant player in green energy, thanks to its leading role in such products as wind turbines and energy-efficiency software. On the latter front, GE’s software arm in January 2022 acquired Opus One, a Canadian startup that helps utilities optimize energy planning.
Yin Liqin—China News Service via Getty Images
Company Information
As of 8/3/2022
Country
U.S.
Headquarters
Boston
Industry
Industrial Machinery
CEO
H. Lawrence Culp Jr.
Website
Company Type
Public
Ticker
GE
Revenues ($M)
$74,196
Profits ($M)
$-6,520
Market Value ($M)
$73,458
Employees
168,000
Market value as of July 19, 2022.
Key Financials (Last Fiscal Year)
$ millions
% change
Revenues ($M)
$74,196
-6.8%
Profits ($M)
$-6,520
-214.3%
Assets ($M)
$198,874
-
Total Stockholder Equity ($M)
$40,310
-
Profit Ratios
Profit as % of Revenues
-8.8%
Profits as % of Assets
-3.3%
Profits as % of Stockholder Equity
-16.2%
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)
-616
EPS % Change (from 2020)
-232.8%
EPS % Change (5 year annual rate)
-
EPS % Change (10 year annual rate)
-
Total Return
Total Return to Investors (2021)
9.7%
Total Return to Investors (5 year, annualized)
-15.8%
Total Return to Investors (10 year, annualized)
-1.3%
General Electric Rank History
Historical Data
| Year | Revenues ($M) | Profits ($M) | Assets ($M) | Total Stockholder Equity ($M) |
|---|---|---|---|---|
| 2021 | $79,619-16.4% | $5,704 | $253,452 | $35,552 |
| 2020 | $95,214-20.8% | $-4,979 | $266,048 | $28,316 |
| 2019 | $120,268-1.6% | $-22,355 | $309,129 | $30,981 |
| 2018 | $122,274-3.5% | $-5,786-165.5% | $377,945 | $64,263 |
| 2017 | $126,661-9.8% | $8,831 | $365,183 | $75,828 |
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Lists ranking General Electric
Latest news for General Electric
- Commentary
Breaking up isn’t hard to do: GE’s split unravels a massive management mistakeNovember 12, 2021, 7:14 PM UTC - Finance
GE will split itself into 3 companies, marking the end of the conglomerate for goodNovember 9, 2021, 12:20 PM UTC
- General Electric is splitting into three companies;1:17News, Radar;
- Jeff Immelt reflects on the ups and downs of his tenure at GE;9:49Series, On Leading;
- FORTUNE PREMIUMInsights: How Johns Hopkins' GE Command Center Improves Patient Care;4:58Collections;
- FORTUNE PREMIUMGE's Jeff Immelt Dishes on Trump as President;5:37Series, On Leading;
