General Electric Co - Company Profile
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General Electric Co (GE Aerospace) is an industrial conglomerate. It provides a range of industrial, infrastructure and financial products and services. The company offers a wide range of products and services from aircraft engines and systems, healthcare systems and pharmaceutical diagnostics, power generation, and oil and gas production equipment to medical imaging, financing and industrial products. It also offers a comprehensive range of financial services to its customers. The company serves water, oil and gas, power, energy management, aviation, healthcare, digital, transportation, appliances and lighting industries, among others. It has operations in North America, Europe, Asia, the Middle East, and Africa and other regions; and has manufacturing facilities across the world. GE Aerospace s headquartered in Boston, Massachusetts, the US.
Headquarters
United States of America
Address
One Financial Center, Suite 3700, Boston, Massachusetts, 02111
Website
www.ge.com
Telephone
1 617 4433000
No of Employees
125,000
Industry
Aerospace and Defense
Ticker Symbol & Exchange
GE (NYSE)
Revenue (2022)
$68.0B
17%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
2696.5%
(2022 vs 2021)
Market Cap*
$168.0B
Net Profit Margin (2022)
XYZ
2,305.2%
(2022 vs 2021)
* As of and is in US$
General Electric Co premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Aviation: | Aviation: |
| Commercial Engines | Commercial Jet Financing |
| Marine Engines | Corporate Aircraft Financing |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Plans/Strategy | In April, the company announced its plans to introduce 1,000 drones from Hudson, New Jersey, the US. |
| 2024 | Spin-off | In April, the company completed the GE Aerospace and GE Vernova spin-off. |
| 2024 | Plans/Strategy | In April, GE Aerospace announced its plans to invest US$30 million to expand and upgrade its manufacturing facility in Pune, India. |
Competitor Comparison
| Key Parameters | General Electric Co | Siemens AG | Schneider Electric SE | Mitsubishi Electric Corp | 3M Co |
|---|---|---|---|---|---|
| Headquarters | United States of America | Germany | France | Japan | United States of America |
| City | Boston | Muenchen | Rueil-Malmaison | Chiyoda-Ku | Saint Paul |
| State/Province | Massachusetts | Bayern | Haute Normandie | Tokyo | Minnesota |
| No. of Employees | 125,000 | 321,000 | 168,044 | 149,655 | 85,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| H. Lawrence Culp, Jr. | Chief Executive Officer; Chief Executive Officer - GE Aviation; Chairman | Executive Board | 2022 | 58 |
| Carolina Dybeck Happe | Senior Vice President; Chief Financial Officer | Senior Management | 2020 | 50 |
| Thomas S. Timko | Vice President; Chief Accounting Officer; Controller | Senior Management | 2018 | 54 |
| Chris Pereira | Chief Strategy Officer; Chief Risk Officer | Senior Management | 2020 | - |
| Nancy Anderson | Chief Information Officer; Vice President | Senior Management | 2020 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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