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
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


See also:

GE Aerospace Net Profit Margin (Quarterly Data)