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General Electric Summary

Overview

General Electric is a high-tech industrial company engaged in energy, healthcare, and transportation. It operates through four segments: Power, Renewable Energy, Aviation and Healthcare, and Capital. The company offers products and services ranging from aircraft engines, power generation, and oil and gas production equipment to medical imaging, financing, and industrial products.

TypePublic
Founded1892
HQBoston, MA, USMap
Websitege.com
Employee Ratings
3.8
More
Overall CultureD+More

Locations

General Electric is headquartered in
Boston, United States

Location Map

Latest Updates

Company Growth (employees)

Employees (est.) (Dec 2020)174,000(-15%)
Job Openings5,522
Website Visits (Apr 2021)4 m(-8%)
Revenue (FY, 2020)$79.6 B(-16%)
Share Price (Jul 2021)$12.7

Key People/Management at General Electric

General Electric Office Locations

General Electric has offices in Boston, Alpharetta, Atlanta, Aurora and in 203 other locations

General Electric Financials and Metrics

General Electric Revenue

General Electric's revenue was reported to be $79.62 b in FY, 2020 which is a 16.4% decrease from the previous period.

USD

Revenue (Q1, 2021)$17.12 b
Gross profit (Q1, 2021)$4.58 b
Gross profit margin (Q1, 2021), %26.8%
Net income (Q1, 2021)($2.8 b)
Market capitalization (23-Jul-2021)$111.58 b
Closing stock price(23-Jul-2021)$12.71
Cash (31-Mar-2021)$31.78 b
EV $151.15 b

General Electric's current market capitalization is $111.6 b.

USDFY, 2018FY, 2019FY, 2020
Revenue121.6 b95.2 b79.6 b
Revenue growth, %0%(22%)(16%)
Cost of goods sold92.7 b70 b60.4 b
Gross profit28.9 b25.2 b19.2 b
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021
Revenue27.3 b28.8 b23.4 b20.5 b17.8 b19.4 b17.1 b
Cost of goods sold20.4 b21.8 b17.3 b15.7 b15.1 b15.3 b12.5 b
Gross profit6.9 b7 b6 b4.8 b2.7 b4.1 b4.6 b
Gross profit Margin, %25%24%26%24%15%21%27%
show all

USDFY, 2018FY, 2019FY, 2020
Cash35 b36.4 b36.6 b
Accounts Receivable19.9 b16.8 b16.7 b
Inventories19.3 b14.1 b15.9 b
Current Assets88.4 b
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021
Cash34.9 b32 b27.8 b47.3 b41.4 b39.2 b31.8 b
Accounts Receivable19.5 b20.2 b16 b16.9 b16 b17.3 b15.4 b
Inventories19.4 b20 b15.2 b15.5 b15.3 b14.9 b16.5 b
Current Assets113.2 b
show all

USDFY, 2018FY, 2019FY, 2020
Net Income(22.4 b)(4.9 b)5.5 b
Depreciation and Amortization8.2 b5.6 b6 b
Accounts Receivable(430 m)(2.9 b)(1.3 b)
Inventories(902 m)(1.1 b)1.1 b
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021
Net Income3.6 b3.7 b(5.6 b)6.2 b4.1 b2.9 b(2.8 b)
Depreciation and Amortization1.7 b3.4 b4.2 b1.3 b2.9 b4.7 b753 m
Accounts Receivable315 m(933 m)(1.9 b)(503 m)(190 m)(1.7 b)946 m
Inventories(1.4 b)(2.3 b)(2.1 b)(978 m)(730 m)(258 m)(722 m)
show all

USD
Q1, 2021
EV/CFO-79.1 x
Debt/Equity2.0 x
Debt/Assets0.3 x
Financial Leverage7.0 x
P/E Ratio-39.8 x
  • General Electric Market Cap History

  • General Electric Stock Price

Revenue Breakdown

General Electric revenue breakdown by business segment: 8.6% from Capital, 23.1% from Healthcare, 26.4% from Aviation, 19.9% from Renewable Energy and 22.1% from Power

General Electric revenue breakdown by geographic segment: 9.6% from Middle East and Africa, 20.4% from Asia, 5.9% from Americas, 19.8% from Europe and 44.4% from United States

General Electric Operating Metrics

General Electric's Order Volume (Healthcare) was reported to be $4.5 b in Q1, 2021.

FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021
Order Volume (Services, Aviation)$20.2 b$5.5 b$5.1 b$5.8 b$22.3 b$5.2 b$1.7 b$2.94 b$13.47 b$3.49 b
Locomotives Ordered1.07 k
Gas Turbines Sold427111253725117111
Manufacturing Facilities459284

General Electric Acquisitions / Subsidiaries

Company NameDateDeal Size
IQP CorporationJuly 30, 2017
Baker HughesJuly 02, 2017
LM Wind PowerApril 21, 2017$1.65 b
NuregoFebruary 13, 2017
Bit Stew SystemsNovember 15, 2016$153 m
wise.ioNovember 15, 2016
Concept LaserOctober 27, 2016$599 m
Arcam EBMSeptember 06, 2016
Metem CorporationApril 04, 2016
Monsal HoldingsJuly 02, 2014

Human Capital Metrics

Source: www.ge.com, www.ge.com

General Electric Hiring Categories

General Electric Median Salaries

Source: 11 public H-1B filings from General Electric

General Electric Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

General Electric Website Traffic

Alexa Website Rank

Total Visits per monthSimilarWeb

General Electric Online and Social Media Presence

Twitter followers

446.49 k Twitter followers

6 Months

General Electric has 446.49 k Twitter Followers. The number of followers has increased 0.04% month over month and increased 0.59% quarter over quarter.

General Electric's Trends

Search term - General Electric

Twitter Engagement Stats for @generalelectric

  • 84.37 k

    Tweets

  • 13.11 k

    Following

  • 446.49 k

    Followers

  • 18

    Tweets last 30 days

  • 28.9

    Avg. likes per Tweet

  • 100%

    Tweets with engagement

General Electric Technology StackBuildWith Logo

  • ads

    14 products used

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      • LinkedIn Ads
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  • analytics

    33 products used

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    • Amazon Advertising Sizmek Ad Suite
      • Bizo Insights
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      • Demandbase
      • DoubleClick Floodlight
      • Facebook Conversion Tracking
      • Facebook Domain Insights
      • Facebook Pixel
      • Facebook Pixel View Content
      • Facebook Signal
      • ForeSee Results
      • Global Site Tag
      • GlobalWebIndex
      • Google Analytics
      • Google Analytics Classic
      • Google Analytics Event Tracking
      • Google Content Experiments
      • Google Conversion Tracking
      • Google Universal Analytics
      • GoSquared
      • LinkedIn Insights
      • Marketo
      • MediaMind
      • New Relic
      • Omniture SiteCatalyst
      • Soasta mPulse
      • Twitter Analytics
      • Twitter Conversion Tracking
      • Twitter Website Universal Tag
      • Ve Interactive
  • cdn

    9 products used

    • AJAX Libraries API
    • Akamai
    • Akamai Global Host
      • Cloudflare
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      • Content Delivery Network
      • jQuery CDN
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  • cdns

    2 products used

    • Akamai Edge
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Learn more on BuiltWith

General Electric Company CultureCultureAndCompensation Logo

  • Overall Culture

    D+

    60/100

  • CEO Rating

    D

    60/100

  • Compensation

    C-

    57/100

  • Diversity

    C-

    61/100

Learn more on Comparably

General Electric News and Updates

Jul 23, 2021
How Will General Electric Stock Trend Following Q2 Earnings?
_3xOCqGeneral Electric is scheduled to report its Q2 2021 results on Tuesday, July 27. We expect GE to report revenues above and earnings in-line with the consensus estimates, driven by a rebound in the overall economic activity, as global Covid-19 vaccination rates continue to rise. We expect the...
Jul 23, 2021
Insights on the 3D Printing Metals Global Market to 2027 - Featuring Arcam, General Electric and Optomec Among Others
_3xOCqDublin, July 23, 2021 (GLOBE NEWSWIRE) -- The "3D Printing Metals - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Amid the COVID-19 crisis, the global market for 3D Printing Metals estimated at US$994 Million in the year 2020, is projected to reach a revised size of US$6.2 Billion by 2027, growing at a CAGR of 30% over the analysis period 2020-2027.
Jul 23, 2021
Global Offshore Wind Energy Market (2020 to 2026) - Featuring Envision Energy, General Electric and Hitachi Among Others
_3xOCqDublin, July 23, 2021 (GLOBE NEWSWIRE) -- The "Global Offshore Wind Energy Market 2020-2026" report has been added to ResearchAndMarkets.com's offering. The global offshore wind energy market is anticipated to grow at a CAGR of around 14.6% during the forecast period. A variety of factors such as growing awareness towards green energy, diversified wind energy application, and so on are significantly contributing to the growth of the offshore wind energy market. The market is growing rapidly as offshore winds are much steadier than on land implicating a more reliable source of energy. Offshore wind farms are providing renewable energy without consumption of water and not emitting environmental pollutants or any harmful gases. The future growth of an offshore wind energy market is predicted to increase due to the rising technological advancement and innovation of offshore wind farms and government incentives across the globe. However, some factors are limiting the growth of the market such as technological and economic challenges, lack of energy storage and transportation facility and unpredictable water calamity such as storms. Moreover, the government supportive initiatives and investment related to wind energy generation further projected to create a significant opportunity in the market.Segmental OutlookThe global offshore wind energy market is segmented based on the turbine of the foundation, depth of turbine and application. Based on the component market is segmented into the turbine, electrical structure, support structure, and others. On the basis of the depth of the turbine, the market is segmented into shallow, transitional, and deep water. Further on the basis of application, the market is segmented into the commercial, industrial, household.Global Offshore Wind Energy Market Share by Component, 2020 (%)Among component, the turbine segment is estimated to have a significant share in the global offshore wind energy market. The wind turbines are generally a wind turbine that turns wind energy into electricity using the aerodynamic force from rotor blades which work like an aeroplane wing or helicopter rotor blade. Some of the advantages of wind turbines are that Wind power is cost-effective, the Land-based utility-scale wind is one of the lowest-priced energy sources available today, costing 1-2 cents per kilowatt-hour after the production tax credit. Further, Wind turbine energy does not pollute the environment in the same way that power plants that burn fossil fuels, such as coal or natural gas, do, emitting particulate matter, nitrogen oxides, and Sulphur dioxide, which cause public health issues and economic losses. Additionally, wind is a form of solar energy. Wind turbines are caused by the sun's heating of the atmosphere, the Earth's rotation, and the irregularities on its surface. On existing farms or ranches, wind turbines may be built.Regional OutlooksThe global offshore wind energy market is further segmented based on geography including North America, Europe, Asia-Pacific, and the Rest of the World. Europe projected to dominate the global offshore wind energy market. Contracts for difference were implemented by the UK government to ensure reliable long-term returns from electrical infrastructure ventures, lowering barriers to entry for industry participants.
Jul 22, 2021
Thinking about trading options or stock in Daqo New Energy, AT&T, General Electric, Domino's Pizza, or American Airlines?
NEW YORK, July 22, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for DQ, T, GE, DPZ, and AAL. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different options...
Jul 19, 2021
General Electric Agrees to Ambitious Net-Zero-by-2050 Target
After a 98% shareholder vote on an As You Sow resolution on May 4, General Electric (GE) announced a major commitment to transition its business to address climate change by setting a target to achieve net zero carbon emissions by 2050.
Jul 19, 2021
Thinking about buying stock in Sundial Growers, General Electric, Just Eat Takeaway, American Airlines, or Norwegian Cruise Line?
NEW YORK, July 19, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for SNDL, GE, GRUB, AAL, and NCLH. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

General Electric Blogs

Jul 23, 2021
Science and Engineering Research Board - DST and GE India to Collaborate For Advanced Technology Research
Up to INR 20 Crores funding to academic institutes for research across areas of energy, healthcare and aviation over the next five years Propel research with breakthrough innovative ideas with large scale impact and industry-academia collaboration Bengaluru, 23rd July 2021: To build synergy
Jul 23, 2021
GE Foundation Partners with German Red Cross to Help Regions Affected by Flooding
Boston – July 23, 2021 – The GE Foundation today announced a donation of US$100,000 to the German Red Cross to provide relief to the regions affected by the catastrophic flooding across Germany, Belgium and the Netherlands. The donation will provide direct support to survivors and evacuees,
Jul 22, 2021
GE Digital’s ADMS Software Powers A More Resilient Electric Distribution Grid
Expanded awareness and orchestration enables utilities to connect more Distributed Energy Resources, while improving resiliency and control of the grid Real-time mobile situational awareness provides for seamless and secure collaboration between field crews and control rooms improving safety SAN
Jul 22, 2021
GE Renewable Energy announces joint development agreement for weather technology with Whiffle
Agreement to use Whiffle’s ultra-fine atmospheric Large Eddy Simulation (LES) modeling for wind energy applications Technology will be used to optimize wind turbine siting and enable improved AEP Schenectady, NY, July 22, 2021 – GE Renewable Energy announced today that it has entered into an Joint
Jul 22, 2021
EU supports GE’s development of a 245 kV g3 circuit-breaker to accelerate decarbonization of Europe’s electrical grid
EU’s LIFE program recognizes potential of GE Renewable Energy’s g3 insulating and switching gas as an alternative to sulfur hexafluoride (SF6) to help significantly cut global greenhouse gas emissions This is the second GE g3 gas project to be co-funded by the EU within two years New g3 gas 245
Jul 21, 2021
Calpine and GE Renewable Energy complete Santa Ana storage project in Southern California
Santa Ana, CA, July 21, 2021 - Calpine and GE Renewable Energy announced today the completion of the Santa Ana Storage Project (SASP) in Southern California. The project contains a 20 MW/80 MWh (4hr) standalone battery energy storage system using GE’s Reservoir energy storage technology. The system

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When was General Electric founded?
General Electric was founded in 1892.
Who are General Electric key executives?
General Electric's key executives are H. Lawrence Culp, Vic Abate and Betsy Bingham.
How many employees does General Electric have?
General Electric has 174,000 employees.
What is General Electric revenue?
Latest General Electric annual revenue is $79.62 b.
What is General Electric revenue per employee?
Latest General Electric revenue per employee is $457.58 k.
Who are General Electric competitors?
Competitors of General Electric include Bentley Systems, Mitsubishi Electric and Schneider Electric.
Where is General Electric headquarters?
General Electric headquarters is located at 5 Necco St, Boston.
Where are General Electric offices?
General Electric has offices in Boston, Alpharetta, Atlanta, Aurora and 203 other locations
How many offices does General Electric have?
General Electric has 241 offices.

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