GE Aerospace (GE)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 7,590,000 | 7,308,000 | 5,744,000 | 4,721,000 | 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 |
| 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 |
| Pretax margin | 19.61% | 19.57% | 15.61% | 12.95% | 25.34% | 22.54% | 19.83% | 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% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $7,590,000K ÷ $38,703,000K
= 19.61%
The pretax margin of GE Aerospace has shown fluctuating trends over the periods analyzed. Between March 2020 and June 2022, the pretax margin remained consistently negative, indicating that the company's expenses exceeded its revenues before accounting for taxes. However, starting from March 2023, there was a significant positive upturn in the pretax margin, showing a substantial improvement in profitability. This positive trend continued through December 2024, with the pretax margin reaching its highest point of 25.34%.
Overall, the pretax margin of GE Aerospace displayed a mix of negative and positive performance indicators over the observed periods, reflecting periods of financial challenges followed by a notable recovery and improved profitability in the latter half of the analyzed timeline.
Peer comparison
Dec 31, 2024