GE Aerospace
GE NYSE· Aerospace & Defense
Last close · Oct 26, 2026
$288.43
KIRA · Stoqly’s AI analyst, in plain words
- GE Aerospace had $45.9B of revenue in fiscal 2025, up 18.5% on the year before. Over five years, revenue changed −9.6% a year on average.
- GE Aerospace made $8.7B of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 3.4% a year.
- Free cash flow was $7.3B in fiscal 2025, 15.8% of revenue.
- GE Aerospace returned $9.0B to shareholders in fiscal 2025, 124% of free cash flow. The diluted share count fell 2.4%.
- GE Aerospace owes $8.1B more than it holds in cash, about 0.7 years of operating profit.
Market cap
$300.3B
P/E
33.3x
Revenue
$45.9B
Net income
$8.7B
Free cash flow
$7.3B
Operating margin
—
GE Aerospace in 30 seconds · fiscal 2025
Are sales growing?
+18.5%
Yes. Sales grew 18.5% last year.
Does it make a profit?
19.0%
Yes. It keeps 19.0% of every sale as profit.
Does profit turn into cash?
15.8%
Yes. 15.8% of sales ends up as free cash.
Is debt under control?
0.7x
Yes. It could repay its debt with 0.7 years of operating profit.
How healthy are the accounts?
5 / 8
Mixed. It passes 5 of 8 health tests.
How is the share priced?
33.3x
One share costs 33.3 times its yearly profit per share. Typical for its sector: 26.0x.
What GE Aerospace does
GE Aerospace designs, makes and services jet engines. Its customers are airframers (the companies that build aircraft, including Boeing and Airbus), airlines, third-party repair shops, governments and militaries. It serves customers in about 120 countries. Its installed base is approximately 50,000 commercial and 30,000 military engines, and servicing those engines, which it calls its aftermarket business, is approximately 70% of revenue. It has two reportable segments. Commercial Engines & Services, approximately 73% of 2025 revenue, makes engines for commercial aircraft, business aviation and aeroderivative uses (engines adapted for non-flight power needs), and sells maintenance, repair and overhaul work and spare parts. Defense & Propulsion Technologies, approximately 23% of revenue, makes defense engines and other aircraft systems, including engines for fighters, helicopters and ships.
Biggest risks, in its own words
- A major failure or quality problem in its engines, or in third-party products they are built into, could harm its business and reputation.
- Weakness in commercial aviation or the wider economy, and geopolitical events such as wars and trade restrictions.
- Supply chain problems, a shortage of skilled labor and difficulty in ramping up production of newer engines like LEAP.
- Changes in government spending, programs and contracts that affect its defense business.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Jan 29, 2026
- Legal name
- GENERAL ELECTRIC COMPANY
- CIK
- 0000040545
GE Aerospace · GE
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $56.5B | $29.1B | $35.3B | $38.7B | $45.9B |
| Revenue growth | −25.5% | −48.4% | 21.3% | 9.5% | 18.5% |
| Net income | −$6.3B | $336M | $9.5B | $6.6B | $8.7B |
| Net margin | −11.2% | 1.2% | 26.8% | 16.9% | 19.0% |
| Diluted EPS | −$6.00 | $0.05 | $8.36 | $5.99 | $8.14 |
| Cash | |||||
| Cash from operations | $3.5B | $5.9B | $5.2B | $4.7B | $8.5B |
| Capital expenditure | $1.3B | $1.4B | $862M | $1.0B | $1.3B |
| Free cash flow | $2.2B | $4.5B | $4.3B | $3.7B | $7.3B |
| FCF margin | 4.0% | 15.6% | 12.2% | 9.5% | 15.8% |
| Dividends paid | $575M | $639M | $589M | $1.0B | $1.5B |
| Share buybacks | $107M | $1.0B | $1.2B | $5.8B | $7.6B |
| Share count change | 0.3% | 0.3% | −0.2% | −0.5% | −2.4% |
| Debt and strength | |||||
| Cash and short-term investments | $15.8B | $15.8B | $15.2B | $13.6B | $12.4B |
| Debt incl. finance leases | — | $20.3B | $20.9B | $19.3B | $20.5B |
| Shareholders' equity | $40.3B | $33.7B | $27.4B | $19.3B | $18.7B |
| Net debt / EBITDA | — | 1.2x | 0.5x | 0.6x | 0.7x |
| Current ratio | 1.3x | 1.2x | 1.3x | 1.1x | 1.0x |
| Interest coverage | −1.3x | 2.0x | 10.8x | 8.9x | 12.3x |
| Returns and quality | |||||
| Return on capital | — | — | 28.3% | 25.2% | 35.8% |
| Return on equity | −16.7% | 0.9% | 31.0% | 28.1% | 45.8% |
| Piotroski F-score | — | — | 6 | 4 | 5 |
| Altman Z'' | 2.0 | 2.1 | 2.7 | 3.0 | 3.0 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$21.3M
5 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
GE Aerospace · GE
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| GE Aerospace GE | $300.3B | 18.5% | — | 15.8% | 35.8% | 33.3x | 5 |
| Boeing BA | $148.9B | 34.5% | 4.8% | −2.1% | 13.5% | 67.0x | 6 |
| Lockheed Martin LMT | $147.0B | 5.6% | 10.3% | 9.2% | 27.1% | 22.6x | 5 |
| Carrier Global CARR | $47.6B | −3.3% | 10.0% | 9.8% | 8.0% | 36.9x | 5 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $288.43 a share, the company is worth $300.3B: 33.3 times its earnings of the last four quarters.
GE Aerospace grew sales faster than 2 of its 3 similar companies. Its P/E is higher than 1 of 3.
Source: SEC EDGAR XBRL filings (CIK 0000040545). Data updated October 20, 2026. For information only — not investment advice. Check the original filings before relying on any figure.
