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General Electric Company - Company Profile

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General Electric Company - Overview

Brands
GE Additive, GE Aviation, GE Capital, GE Digital, GE Healthcare, GE Lighting, GE Power, GE Renewable Energy, GE Research
Description
General Electric Company is a public company headquartered in Massachusetts with an estimated 168,000 employees. In the US, the company has a notable market share in at least seven industries: Wind Turbine Manufacturing, Medical Device Manufacturing, Electrical Equipment Manufacturing, PET Scanner Manufacturing, Wind Turbine Installation, Building Lighting Control System Manufacturing, Medical Equipment Repair & Maintenance Services and Building Lighting Control System Manufacturing. Their largest market share is in the Wind Turbine Manufacturing industry, where they account for an estimated 54.5% of total industry revenue.
Company Details

Registered Name: General Electric Company

Company Type: Operating

Exchange: NYSE

Headquarters: 5 Necco Street Boston MA 02210

Website: https://www.ge.com/

Employees: 168000

General Electric Company - Operating Industries and Main Competitors

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General Electric Company - Products and Services

  • Medical Device Manufacturing in the US

    • Of the 6 core revenue-generating products and services in the Medical Device Manufacturing in the US industry, General Electric Company offers:
    • Patient recovery and noninvasive devices

  • Wind Turbine Manufacturing in the US

    • Of the 3 core revenue-generating products and services in the Wind Turbine Manufacturing in the US industry, General Electric Company offers:
    • Nacelles
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General Electric Company - Analyst Insights

Decrease in total revenue for 2021

For the fiscal year 2021, its total revenue was $74.2 billion representing a decrease of $1.6 billion or 2% from 2020. General Electric attributes this decrease to the performance of its Aviation, Power and Healthcare segments. Specifically, the equipment revenues decreased in its Power segment due to decreased Gas Power equipment revenues on lower turnkey sales. Furthermore, in its Aviation segment, there were fewer commercial installs and spare engine unit shipments. Lastly, due to the temperament of the BioPharma business, its Healthcare segment also decreased.

Balance Sheet|New Activity|M&A


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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General Electric Company - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on General Electric Company's performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Medical Device Manufacturing in the US, Electrical Equipment Manufacturing in the US, and Wind Turbine Manufacturing in the US industries.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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General Electric Company - Financial Statements & Ratios

pie_chartGeneral Electric Company Income Statement

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Revenue74,196.075,833.090,221.097,012.099,279.0119,469.0
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
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pie_chartGeneral Electric Company Balance Sheet

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Cash and EquivalentsN/AN/AN/AN/A43,299.048,129.0
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

pie_chartGeneral Electric Company Cash Flow

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Net Income-6,591.05,546.0-4,912.0-22,443.0-8,849.07,211.0
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
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