GE Aerospace (GE)

Pretax 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
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	10,643,000	11,126,000	10,814,000	9,725,000	841,000	-5,460,000	-4,375,000	-5,251,000	-6,804,000	-260,000	-3,146,000	-3,696,000	5,217,000	3,760,000	-3,995,000	-1,902,000	-4,427,000	-5,314,000	-18,649,000	-17,291,000
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
Pretax margin		15.66%	17.02%	17.31%	16.23%	1.45%	-8.87%	-6.66%	-7.52%	-9.17%	-0.35%	-4.20%	-5.03%	6.88%	4.94%	-4.94%	-2.18%	-4.91%	-5.57%	-19.53%	-17.08%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $10,643,000K ÷ $67,954,000K
= 15.66%

General Electric Co.'s pretax margin has shown a positive trend over the past eight quarters, starting from a low of -6.00% in Q1 2022 and steadily increasing to reach 15.00% in Q4 2023. This improvement indicates that the company has been able to effectively control its operating expenses and generate higher levels of pre-tax profit compared to its revenue. The consistent growth in pretax margin reflects General Electric's improved efficiency and profitability over the period analyzed, which is a positive indicator for the company's financial performance.

Peer comparison

Dec 31, 2023

Company name

Symbol

Pretax margin

GE Aerospace

15.66%

Emerson Electric Company