GE Aerospace (GE)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 26,476,000 | 27,815,000 | 33,923,000 | 38,243,000 | 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 |
| 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 |
| Operating profit margin | 68.41% | 74.48% | 92.16% | 104.87% | 88.48% | 77.88% | 69.98% | 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% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $26,476,000K ÷ $38,703,000K
= 68.41%
The operating profit margin for GE Aerospace exhibited significant fluctuations over the observed period. Starting at negative values in early 2020, the company faced challenges with operational efficiency and cost management. However, there was a notable turnaround by March 2022, with a positive operating profit margin of 12.67%, indicating improved profitability.
Subsequently, the company's performance continued to strengthen, reaching peaks of 104.87% by March 2024. This sharp increase in operating profit margin suggests that GE Aerospace made substantial improvements in controlling costs, increasing revenues, or both.
Overall, the trend in operating profit margin for GE Aerospace indicates a remarkable recovery and transformation from loss-making operations to a highly profitable position over the analyzed period. This upward trajectory reflects effective management strategies and operational enhancements that have positively impacted the company's financial performance.
Peer comparison
Dec 31, 2024