GE Aerospace (GE)
Net profit margin
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
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Net income (ttm) | US$ in thousands | 6,556,000 | 6,246,000 | 4,746,000 | 3,513,000 | 9,480,000 | 10,088,000 | 9,897,000 | 8,982,000 | 340,000 | -5,700,000 | -4,604,000 | -4,853,000 | -6,519,000 | -40,000 | -2,441,000 | -3,297,000 | 5,704,000 | 3,796,000 | -4,483,000 | -2,369,000 |
Revenue (ttm) | US$ in thousands | 38,703,000 | 37,347,000 | 36,807,000 | 36,468,000 | 41,999,000 | 49,371,000 | 54,539,000 | 59,911,000 | 58,100,000 | 61,575,000 | 65,674,000 | 69,800,000 | 74,196,000 | 74,926,000 | 74,966,000 | 73,524,000 | 75,833,000 | 76,045,000 | 80,796,000 | 87,399,000 |
Net profit margin | 16.94% | 16.72% | 12.89% | 9.63% | 22.57% | 20.43% | 18.15% | 14.99% | 0.59% | -9.26% | -7.01% | -6.95% | -8.79% | -0.05% | -3.26% | -4.48% | 7.52% | 4.99% | -5.55% | -2.71% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $6,556,000K ÷ $38,703,000K
= 16.94%
The net profit margin of GE Aerospace has shown fluctuations over the periods provided in the data. In March 2020, the net profit margin was -2.71%, indicating a negative profitability. This trend continued in the following quarters, with June 2020 showing a net profit margin of -5.55%.
However, there was a significant turnaround in September and December 2020, with the net profit margin improving to 4.99% and 7.52% respectively. This positive trend did not persist, as the net profit margin turned negative again in the first half of 2021, with March 2021 and June 2021 showing -4.48% and -3.26% respectively.
The net profit margin fluctuated in the subsequent quarters, with some periods showing slight improvements and others sustaining negative profitability. Notably, there was a sharp increase in net profit margin in the first half of 2023, reaching 18.15% in June 2023 and further improving to 22.57% by December 2023.
In the latest available data, the net profit margin stood at 16.94% in December 2024, indicating a relatively stable and healthy profitability level. It is important to note that fluctuations in net profit margin can be influenced by various factors such as changes in revenue, expenses, and one-time events impacting the company's bottom line.
Peer comparison
Dec 31, 2024