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General Electric

General Electric

Backlog (Services, Power)

$56 B

Q2, 2022

Revenue

$74.2 B

FY, 2021

Market Capitalization

$79.4 B

2022-09-02

General Electric Summary

Company 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 Power segment serves power generation, industrial, government, and other customers with products and services related to energy production. Its products and technologies harness resources such as oil, gas, fossil, diesel, nuclear, and water to produce electric power and include gas and steam turbines, full balance of plant, upgrade and service solutions, as well as data-leveraging software. The Renewable Energy segment provides onshore and offshore wind, blades, hydro, storage, solar, and grid solutions, as well as hybrid renewables and digital services offerings. The Aviation and Healthcare segment designs and produces commercial and military aircraft engines, integrated engine components, electric power, and mechanical aircraft systems. It also offers healthcare technologies to developed and emerging markets and has expertise in medical imaging, digital solutions, patient monitoring and diagnostics, drug discovery, and performance improvement solutions. The Capital segment provides financial products and services that build on GE’s industry-specific expertise in aviation, power, renewables, and other activities to capitalize on market-specific opportunities.
Type
Public
Founded
1892
HQ
Boston, MA, US | view all locations
Website
https://www.ge.com/
Cybersecurity rating
ESG rating
out of 100 | View all ESG data
Sectors

Key people

  • H. Lawrence Culp

    H. Lawrence Culp, Chairman and Chief Executive Officer

  • Scott Reese

    Scott Reese, Chief Executive Officer

    • Vic Abate

      Vic Abate, Senior Vice President and Chief Technology Officer

    • Nancy Anderson

      Nancy Anderson, Vice President and Chief Information Officer

    Operating MetricsView all

    GEnx Engines Sold

    296

    FY, 2019

    Military Engines Sold

    131
    15.5%

    Q2, 2022

    Order Volume (GE Industrial)

    $17B
    12.8%

    Q1, 2021

    LocationsView all

    240 locations detected

    • Boston, MA HQ

      United States

      5 Necco St

    • Alpharetta, GA

      United States

      1001 Windward Concourse

    • Atlanta, GA

      United States

      3200 Windy Hill Rd SE

    • Atlanta, GA

      United States

      3475 Piedmont Rd NE #1930

    • Atlanta, GA

      United States

      Parkwood Point, 2018 Powers Ferry Rd

    • Aurora, OH

      United States

      1515 Danner Dr

    and 234 others

    General Electric Financials

    Summary financials

    Revenue (Q2, 2022)
    $18.6B
    Gross profit (Q2, 2022)
    $5.4B
    Net income (Q2, 2022)
    ($771.0M)
    Cash (Q2, 2022)
    $13.2B
    Enterprise value
    $98.8B

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