General Electric

F500 2019-General Electric
Courtesy of General Electric
  • Previous Rank
    18
  • Revenues ($M)
    120268.0
  • Revenue Percent Change
    -1.6
  • Profits ($M)
    -22355.0
  • Profits Percent Change
  • Assets ($M)
    309129.0
  • Employees
    283000

When 2018 began, GE shareholders must have wondered if things could possibly get any worse. They soon found out. Years of poor capital allocation and mismanagement were catching up with GE; the stock lost almost half its value in 2017 and then lost more than half in 2018. In desperation, CEO John Flannery began selling assets, planning to pare the company down to its jet engine and electric power businesses. But in October he abruptly retired, succeeded by former Danaher CEO Larry Culp. Adding insult to injury: The Dow Jones Industrial Average booted GE as a component after 110 years.

Company Info

CEOH. Lawrence Culp Jr.
CEO TitleChairman & Chief Executive Officer
SectorIndustrials
IndustryIndustrial Machinery
HQ LocationBoston, Mass.
Websitewww.ge.com
Years on Fortune 500 List65
Employees283,000

Key Financials (Last Fiscal Year)

Revenues ($M)$120,268
Profits ($M)$-22,355
Assets ($M)$309,129
Total Stockholder Equity ($M)$30,981

Profit Ratios

Profit as % of Revenues-18.6%
Profits as % of Assets-7.2%
Profits as % of Stockholder Equity-72.2%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)-3
EPS % Change (from 2017)-
EPS % Change (5 year annual rate)-
EPS % Change (10 year annual rate)-

Total Return

Total Return to Investors (2018)-55.1%
Total Return to Investors (5 year, annualized)-20.4%
Total Return to Investors (10 year, annualized)-4.0%