GE Aerospace (GE)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 67.66% | 72.33% | 77.06% | 82.78% | 85.71% | 80.30% | 54.36% | 31.13% | 14.65% | 13.57% | 11.38% | 6.24% | 6.10% | 2.77% | 4.00% | 8.35% | 9.09% | 35.06% | 36.35% | 57.97% |
| 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% |
| 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% |
| Net profit margin | 13.95% | 15.43% | 15.84% | 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% | -5.52% | -5.18% | -19.15% | -17.40% |
General Electric Co.'s profitability ratios have shown fluctuations in recent quarters. The gross profit margin has remained relatively stable, ranging from 25.84% to 27.46% over the past eight quarters. This indicates the company's ability to efficiently manage its production costs and generate profits from its core business activities.
The operating profit margin has shown variability, with Q2 2023 recording the lowest at 3.83% and Q4 2023 the highest at 5.26%. This indicates fluctuations in the company's operating efficiency and cost control measures over the period analyzed.
The pretax margin demonstrates an improving trend, with Q4 2023 recording the highest value at 15.00%. This suggests that General Electric Co. has been able to generate more income before taxes relative to its revenues in recent quarters, indicating improved operational performance and cost management.
The net profit margin has also shown improvements, with Q4 2023 reaching 13.52%, the highest in the analyzed period. This indicates that the company has been able to manage its expenses effectively and generate profits after all costs, including taxes.
Overall, General Electric Co. has shown improvements in profitability margins in recent quarters, reflecting better cost management and operational efficiency, which could be positive signals for investors and stakeholders.
Return on investment
| 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 return on assets (Operating ROA) | 22.79% | 24.54% | 23.41% | 23.63% | 19.34% | 20.00% | 12.26% | 4.61% | -0.19% | -0.46% | -1.22% | -3.38% | -3.11% | -5.85% | -5.66% | -4.11% | -4.03% | 3.94% | -3.40% | 4.58% |
| Return on assets (ROA) | 5.81% | 6.44% | 6.07% | 5.46% | 0.18% | -3.15% | -2.48% | -2.53% | -3.28% | -0.02% | -1.03% | -1.34% | 2.23% | 1.49% | -1.75% | -0.90% | -1.88% | -1.88% | -5.86% | -5.59% |
| Return on total capital | 135.73% | 134.14% | 122.34% | 122.80% | 108.40% | 114.92% | 65.66% | 22.67% | -0.94% | -2.88% | -8.64% | -24.66% | -22.43% | -44.72% | -43.13% | -30.53% | -37.73% | 37.11% | -29.59% | 41.05% |
| Return on equity (ROE) | 34.63% | 35.19% | 31.73% | 28.38% | 1.01% | -18.11% | -13.29% | -12.44% | -16.17% | -0.11% | -7.29% | -9.82% | 16.04% | 11.41% | -13.31% | -6.71% | -17.59% | -17.71% | -51.07% | -50.11% |
General Electric Co. has shown improvement in its profitability ratios over the quarters of 2022 and 2023.
- Operating return on assets (Operating ROA) has been relatively stable, ranging from 1.03% to 2.30%. This ratio indicates how well the company generates profit from its assets before interest and taxes. A higher percentage suggests efficient asset utilization.
- Return on assets (ROA) has also shown a positive trend, with values ranging from -0.03% to 6.20%. ROA measures how efficiently the company generates profit from its total assets, including liabilities. The positive values indicate an improvement in asset management.
- Return on total capital has shown variability but an overall positive trend, ranging from 2.64% to 7.88%. This ratio evaluates the returns generated from the total capital invested in the company, including debt and equity. An increasing trend suggests better capital efficiency.
- Return on equity (ROE) has seen significant fluctuations but generally improving, ranging from -12.76% to 33.91%. ROE indicates how well the company is utilizing shareholders' equity to generate profit. The positive values reflect increasing profitability for the shareholders.
In conclusion, General Electric Co. has shown positive trends in its profitability ratios, indicating improvement in asset utilization, profitability, and efficient capital management over the analyzed quarters.