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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 & Services, and Defense & Propulsion Technologies. The Commercial Engines & 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 & 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. This 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 aerospace division emerges as a cornerstone for growth, with anticipated increases in LEAP engine deliveries bolstering revenue and market position |
Financial Trajectory | GE targets $13B EBIT by 2028, with EPS projections rising from 5.56 to 6.41. Analysts' price targets range from $210 to $250, averaging $230 |
Aftermarket Advantage | Explore GE's strategic focus on high-margin aftermarket services, promising long-term dependable growth and enhanced profitability |
Market Dynamics | Delve into GE's navigation of industry challenges, including market volatility and operational hurdles, as it pursues ambitious growth targets |
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 | 38.4x | 43.0x | 12.7x | |
PEG Ratio | 0.56 | 0.74 | 0.03 | |
Price/Book | 15.2x | 9.0x | 1.4x | |
Price / LTM Sales | 7.0x | 6.0x | 1.2x | |
Upside (Analyst Target) | 9.1% | 6.6% | 15.8% | |
Fair Value Upside | Unlock | −16.8% | 6.5% | Unlock |