GE Aerospace (GE)
Industrials · $331B market cap · SEC CIK 0000040545
$319.22
▲+0.07% on the day
close of Sep 22, 2026
39
Screens poorly
fundamentals score out of 100
fundamentals score out of 100
Next reports on Oct 19, 2026, before the open, with analysts expecting $2.05 in earnings per share.
The case for GE
- Revenue up 21.7% on the year.
- Earns 49% back on shareholder equity.
- Generated $7.3B of free cash flow in FY2025, 16% of revenue.
The case against
- Pricey at 37.0× earnings, against a long-run market average nearer 20×.
- Revenue has shrunk 9.6% a year over five years.
- Priced at 22× book value. Very little hard asset backing here.
- Current liabilities exceed current assets (ratio 0.98).
- The price trend is weak (42/100): +5.9% over a year, -10.8% over three months, 42% of the way up its 52-week range.
- Stability is weak (41/100): beta 1.44, 2.4 years of cash flow to clear its debt, a 31% swing over the year.
What the score is made of
Each factor is half a curve over reported figures and half a rank among the other Industrials companies (momentum is judged against fixed thresholds only), and the five are blended by weight. It describes the last filing and the current price. It is not a forecast.
| Valuewhat you pay for the earnings, sales, assets and cash | 23 |
|---|---|
| Growthhow fast revenue and earnings are moving, this year and over five | 24 |
| Profitabilityhow much of the revenue becomes profit, and how much of that is cash | 64 |
| Momentumhow the price has behaved lately | 42 |
| Stabilityhow violently it moves, what it owes and what it pays you | 41 |
- Each factor except momentum is half fixed thresholds, half rank among the 79 Industrials companies.
Key numbers
| Price / earnings | 37.0× |
|---|---|
| Price / book | 21.98× |
| Price / sales | 6.5× |
| Revenue growth (YoY) | +21.7% |
| EPS growth (YoY) | +18.3% |
| Gross margin | 34% |
| Operating margin | 17% |
| Net margin | 18% |
| Return on equity | 49% |
| Debt / equity | 1.09× |
| Current ratio | 0.98 |
| Dividend yield | 0.27% |
| Beta | 1.44 |
| 52-week range | $268.91 – $388.84 |
| Position in that range | 42% of the way up |
| 3-month return | -10.8% |
| 1-year return | +5.9% |
Five years of financials, as filed
Pulled from GE Aerospace's XBRL filings on SEC EDGAR. Italic rows are derived from the rows above.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $45.9B | $38.7B | $35.3B | $29.1B | $56.5B |
| Net income | $8.7B | $6.6B | $9.5B | $336M | -$6.3B |
| Operating cash flow | $8.5B | $4.7B | $5.2B | $5.9B | $3.5B |
| Capital expenditure | $1.3B | $1.0B | $862M | $1.1B | $1.0B |
| Total assets | $130B | $123B | $173B | $189B | $205B |
| Total liabilities | $111B | $104B | $145B | $154B | $172B |
| Shareholder equity | $18.7B | $19.3B | $27.4B | $33.7B | $32.0B |
| Cash | $12.4B | $13.6B | $15.2B | $15.8B | $15.2B |
| Long-term debt | $20.5B | $19.3B | $20.9B | — | — |
| Free cash flow | $7.3B | $3.7B | $4.3B | $4.9B | $2.5B |
| Net margin | 19.0% | 16.9% | 26.8% | 1.2% | -11.2% |
| Diluted shares | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B |
Share count is essentially flat over 4 years.
Risk factors GE lists in its 10-K
- International Trade Controls and Sanctions Compliance
- For the year ended December 31, 2025
- For the year ended December 31, 2025, revenue was up $6.4 billion, or 24%, and profit was up $1.8 billion, or 26%, compared to the year ended December 31, 2024
- For the year ended December 31, 2025, revenue was up $1.1 billion,
- or 11%, and profit was up $0.2 billion,
- or 22%, compared to the year ended December 31, 2024
- Corporate & Other operating profit (cost) (GAAP)
- Adjusted Corporate & Other operating costs (Non-GAAP)
- For the year ended, December 31, 2025
- Cash used for operating activities of discontinued operations
- Cash used for investing activities of discontinued operations
- Cash used for financing activities of discontinued operations
- Long-term care insurance contracts
- Future long-term care premium rate increases