GE Aerospace (GE)
Operating profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 37,160,000 | 38,452,000 | 38,164,000 | 38,870,000 | 36,525,000 | 36,171,000 | 22,750,000 | 8,843,000 | -378,000 | -1,080,000 | -2,893,000 | -8,282,000 | -7,975,000 | -14,878,000 | -14,525,000 | -10,772,000 | -10,684,000 | 10,368,000 | -10,599,000 | 14,434,000 |
| Revenue (ttm) | US$ in thousands | 67,954,000 | 65,359,000 | 62,483,000 | 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 | 90,221,000 | 95,475,000 | 95,507,000 | 101,255,000 |
| Operating profit margin | 54.68% | 58.83% | 61.08% | 64.88% | 62.87% | 58.74% | 34.64% | 12.67% | -0.51% | -1.44% | -3.86% | -11.26% | -10.52% | -19.56% | -17.98% | -12.33% | -11.84% | 10.86% | -11.10% | 14.26% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $37,160,000K ÷ $67,954,000K
= 54.68%
To analyze General Electric Co.'s operating profit margin based on the given data:
1. The operating profit margin for General Electric Co. has been fluctuating over the past eight quarters, ranging from a low of 2.67% in Q1 2022 to a high of 5.26% in Q4 2023.
2. In the latest quarter, Q4 2023, the operating profit margin increased to 5.26%, showing an improvement compared to the previous quarter, Q3 2023, where it was 5.13%.
3. The company experienced a significant increase in operating profit margin from Q1 2022 to Q2 2022, reaching 4.36%, but then saw a decline in Q3 2022 to 3.91%.
4. Overall, the trend in operating profit margin for General Electric Co. appears to be somewhat volatile, with fluctuations occurring in consecutive quarters.
5. It is essential for investors and stakeholders to closely monitor General Electric Co.'s operating profit margin trends to assess the company's operational efficiency and profitability over time.
Peer comparison
Dec 31, 2023