General Electric Company, doing business as GE Aerospace, designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and mechanical aircraft systems. The company operates through two reportable segments, Commercial Engines and Services, and Defense and Propulsion Technologies. The Commercial Engines and 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 and Propulsion Technologies segment provides designs, develops, manufactures, and MRO services jet engines and avionics and power systems for governments, militaries and commercial airframers, as well as sale of spare parts. Its Defense and Propulsion Technologies segment also offers small turboprop engines, aeroengine mechanical transmissions, turbines, combustors and controls, additive manufacturing, propeller systems, ignition systems, sensors and engine accessories for both fixed wing and rotorcraft applications. The company operates in the United States, Europe, China, rest of 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 transformation into a standalone aerospace company has yielded impressive results, with a 69.64% stock return over the past year and strong earnings performance. |
Supply Chain Hurdles | Explore GE's strategies to overcome persistent supply chain challenges affecting LEAP engine deliveries and their potential impact on market position. |
Aftermarket Advantage | Delve into GE's focus on high-margin aftermarket services, projected for long-term dependable growth, as a key driver of future profitability. |
Analyst Outlook | Analyst price targets range from $175 to $230, reflecting confidence in GE's strategic direction despite ongoing operational challenges. |
Metrics to compare | GE | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipGEPeersSector | |
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P/E Ratio | 35.8x | 45.9x | 12.0x | |
PEG Ratio | 0.33 | 1.09 | 0.03 | |
Price/Book | 12.8x | 8.4x | 1.4x | |
Price / LTM Sales | 6.2x | 5.5x | 1.2x | |
Upside (Analyst Target) | −2.9% | 2.7% | 19.9% | |
Fair Value Upside | Unlock | −15.1% | 7.3% | Unlock |