OverviewSuggest Edit

General Electric is a high-tech industrial company engaged in energy, healthcare, and transportation. It operates in five segments: Power, Renewable Energy, Aviation, 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, US
Websitege.com
Employee Ratings3.8
Culture scoreD+

Latest Updates

Employees (est.) (Dec 2019)205,000(-27%)
Job Openings951
Revenue (FY, 2019)$95.2 B(-21%)
Share Price (May 2020)$5.5 (-3%)

Key People/Management at General Electric

H. Lawrence Culp

H. Lawrence Culp

Chairman and CEO
Kevin Cox

Kevin Cox

Chief Human Resources Officer
Chris Pereira

Chris Pereira

Chief Risk Officer and Chief Corporate Counsel
Patrick Byrne

Patrick Byrne

Chief Executive Officer, GE Digital
Chris Drumgoole

Chris Drumgoole

Vice President Chief Information Officer
Vic Abate

Vic Abate

Senior Vice President & Chief Technology Officer
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General Electric Office Locations

General Electric has offices in Boston, Alpharetta, Atlanta, Broussard and in 148 other locations
Boston, US (HQ)
5 Necco St
Alpharetta, US
1001 Windward Concourse
Atlanta, US
3200 Windy Hill Rd SE
Atlanta, US
3475 Piedmont Rd NE #1930
Atlanta, US
Parkwood Point, 2018 Powers Ferry Rd
Boston, US
41 Farnsworth St
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General Electric Financials and Metrics

General Electric Revenue

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General Electric's revenue was reported to be $95.21 b in FY, 2019 which is a 21.7% decrease from the previous period.
USD

Revenue (FY, 2019)

95.2b

Revenue growth (FY, 2018 - FY, 2019), %

(21.7%)

Gross profit (FY, 2019)

25.2b

Gross profit margin (FY, 2019), %

26.5%

Net income (FY, 2019)

(4.9b)

Market capitalization (15-May-2020)

48.0b

Closing stock price (15-May-2020)

5.5

Cash (31-Dec-2019)

36.4b

EV

104.0b
General Electric's current market capitalization is $48 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

122.1b121.6b95.2b

Revenue growth, %

(1%)0%(22%)

Cost of goods sold

91.9b92.7b70.0b

Gross profit

30.2b28.9b25.2b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

28.7b30.1b29.6b27.3b28.8b23.4b

Cost of goods sold

21.5b22.4b22.8b20.4b21.8b17.3b

Gross profit

7.1b7.7b6.7b6.9b7.0b6.0b

Gross profit Margin, %

25%26%23%25%24%26%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

43.3b35.0b36.4b

Accounts Receivable

24.4b19.9b16.8b

Inventories

21.9b19.3b14.1b

PP&E

53.9b50.7b43.3b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

32.1b27.7b26.9b34.9b32.0b27.8b

Accounts Receivable

22.6b20.8b20.4b19.5b20.2b16.0b

Inventories

20.6b20.5b20.6b19.4b20.0b15.2b

PP&E

53.7b50.9b50.6b50.3b49.9b42.9b
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

(6.1b)(22.4b)(4.9b)

Depreciation and Amortization

5.1b8.2b5.6b

Inventories

747.0m(902.0m)(1.1b)

Accounts Payable

(335.0m)2.2b3.0b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

(1.1b)(444.0m)(23.3b)3.6b3.7b(5.6b)

Depreciation and Amortization

1.3b2.7b3.7b1.7b3.4b4.2b

Inventories

(1.1b)(1.6b)(2.0b)(1.4b)(2.3b)(2.1b)

Accounts Payable

(38.0m)258.0m1.1b173.0m902.0m1.3b
USDY, 2019

EV/CFO

11.9 x

Revenue/Employee

464.5k

Debt/Equity

3.1 x

Debt/Assets

0.3 x

Financial Leverage

8.9 x

P/E Ratio

(8.9)
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General Electric Operating Metrics

FY, 2014FY, 2015FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019

Countries

175 180 180 180 180 170

Manufacturing Facilities

502 501 509 539 459 284

Gas Turbines Ordered

75 43 11 20 17 74

Gas Turbines Sold

108 107 104 20 21 22 102 12 7 9 42 7 11 12 53
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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
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General Electric Revenue Breakdown

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General Electric revenue breakdown by business segment: 9.2% from Capital, 20.9% from Healthcare, 34.4% from Aviation, 16.1% from Renewable Energy and 19.5% from Power

General Electric revenue breakdown by geographic segment: 87.6% from United States and 12.4% from Other

General Electric Online and Social Media Presence

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General Electric Company Culture

  • Overall Culture

    D+

    59/100

  • CEO Rating

    D-

    57/100

  • Compensation

    D+

    55/100

  • Diversity

    D+

    58/100

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General Electric News and Updates

General Electric says cut 700 jobs in power unit in first quarter

General Electric Co said on Wednesday it had cut 700 jobs in its power division in the first quarter, and that it was on track to reduce capital expenditure by 25% this year.

CWA Demands General Electric Use Expertise and Excess Capacity to Manufacture Ventilators In-House to Help Address COVID-19 Pandemic

In the wake of layoff announcement, Union leaders and public health expert to urge General Electric to convert factories to ventilator work;read more

Will General Electric Stock Bounce By 40% Post Coronavirus?

Comparing the trend in General Electric’s (NYSE: GE) stock over recent months with its trajectory during and after the Great Recession of 2008, we believe that the stock can potentially gain 40% once fears surrounding the coronavirus outbreak are put to rest...

Thinking about buying stock in Chewy, General Electric, GrubHub, Inovio Pharmaceuticals, or Rite Aid?

NEW YORK, March 17, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CHWY, GE, GRUB, INO, and RAD. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Cost of General Electric credit insurance rises along with coronavirus concerns

The cost to insure General Electric Co debt has shot up to levels last seen in 2018, possibly reflecting concern about the company's exposure to coronavirus-induced declines in interest rates, air travel and global growth.

General Electric, Ericsson Seek Royalties From Movie Streaming

General Electric, Ericsson Seek Royalties From Movie Streaming
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General Electric Blogs

GE and Danaher Satisfy All Required Regulatory Clearances for BioPharma Transaction; Expect to Close on March 31, 2020

BOSTON, Mass.—March 19, 2020—GE (NYSE:GE) announced that, together with Danaher Corporation (NYSE:DHR) (“Danaher”), it has entered into a consent decree agreement with the U.S. Federal Trade Commission (the “FTC”) in connection with GE’s definitive agreement to sell its BioPharma business to

Statement from GE Healthcare President & CEO on Efforts to Address the Coronavirus

CHICAGO – March 19, 2020 – GE Healthcare President & CEO Kieran Murphy today issued the following statement around efforts to address the coronavirus (COVID-19): “GE Healthcare is proud to support customers, governments and the broader healthcare community in the fight against the coronavirus

GE Renewable Energy to Supply Cypress Units for 70 MW Guney Wind Farm in Turkey

GE Renewable Energy has been selected by Sanko Enerji to build the 70 MW Guney wind farm in Turkey The project will include 12 Cypress units, GE’s largest onshore wind turbine in the field and 2 units of 3 MW. GE will produce the Cypress’ revolutionary two-pieces blades at its manufacturing site

GE Announces Detailed 2020 Outlook

BOSTON — March 4, 2020 — GE (NYSE:GE) today announced its detailed 2020 outlook, including for its businesses. GE Chairman and CEO H. Lawrence Culp, Jr. said, “We entered this year with momentum having diligently addressed our most pressing issues and reset our foundation in 2019. While there’s

GE Nominates Ashton Carter to the Board of Directors

BOSTON, Mass.—March 4, 2020—GE (NYSE:GE) today announced that its Board of Directors will nominate former U.S. Secretary of Defense Ashton (Ash) Carter to the GE Board, for election at the Annual Meeting of Shareholders on May 5, 2020.  GE Lead Director Thomas Horton said, “Ash brings unrivaled

GE supporting TVO with nuclear service agreement and rotor technology to help deliver 1,760MW of reliable, CO2-free power for Finland

Scope includes 18-year service agreement, as well as the manufacture and installation of generator rotor, to improve performance and reliability of Olkiluoto Nuclear Power Plant's OL1 and OL2 boiling water reactors. Supports Finland’s energy objectives with CO2-free power for 16% of the country’s
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General Electric Frequently Asked Questions

  • 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, Kevin Cox and Chris Pereira.

  • How many employees does General Electric have?

    General Electric has 205,000 employees.

  • What is General Electric revenue?

    Latest General Electric annual revenue is $95.2 b.

  • What is General Electric revenue per employee?

    Latest General Electric revenue per employee is $464.5 k.

  • Who are General Electric competitors?

    Competitors of General Electric include Mitsubishi Electric, Schneider Electric and Philips.

  • 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, Broussard and in 148 other locations.

  • How many offices does General Electric have?

    General Electric has 167 offices.