GE financial statements
The full income statement, balance sheet, and cash-flow statement for GE Aerospace (GE), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 45.9B+18.5% | 38.7B+9.5% | 35.3B+21.3% | 29.1B-48.4% | 56.5B-25.5% | |
| Research & development | 1.58B+22.9% | 1.29B+27.2% | 1.01B+25.1% | 808M-52.0% | 1.68B-34.4% | |
| Selling, general & administrative | 4.09B-7.9% | 4.44B+9.7% | 4.04B+10.2% | 3.67B-55.1% | 8.18B-35.2% | |
| Restructuring | — | — | 403M-15.9% | 479M-12.9% | 550M-36.0% | |
| Amortization of intangibles | 357M+2.0% | 350M-8.4% | 382M+13.0% | 338M-54.2% | 738M-44.8% | |
| Provision for credit losses | — | — | 32.0M+328.6% | -14.0M-110.3% | 136M | |
| Interest & investment income | 144M+9.1% | 132M+3.9% | 127M-1.6% | 129M-22.8% | 167M+14.4% | |
| Other non-operating income | 1.49B-34.3% | 2.26B-66.3% | 6.72B+728.4% | 811M-69.9% | 2.70B-76.3% | |
| Equity-method income | 892M+95.6% | 456M+32.2% | 345M+54.7% | 223M+18.6% | 188M+308.7% | |
| Gain (loss) on equity securities | 508M-29.3% | 719M-87.7% | 5.85B+10539.3% | -56.0M-103.4% | 1.63B+178.3% | |
| Pre-tax income | 10.0B+31.2% | 7.62B-27.0% | 10.4B+586.0% | 1.52B+126.7% | -5.70B-195.4% | |
| Income tax | 1.41B+46.0% | 962M-3.2% | 994M+488.2% | 169M+122.3% | -757M-55.4% | |
| 8.70B+32.8% | 6.56B-30.9% | 9.48B+2722.0% | 336M+105.3% | -6.34B-211.1% | ||
| Income from continuing operations | 8.60B+29.0% | 6.67B-29.4% | 9.45B+599.9% | 1.35B+128.0% | -4.82B-172.9% | |
| Discontinued operations | 103M+213.2% | -91.0M-2933.3% | -3.00M+99.7% | -949M+35.4% | -1.47B-61.3% | |
| Net income to non-controlling interest | -6.00M-154.5% | 11.0M+129.7% | -37.0M-155.2% | 67.0M+194.4% | -71.0M+55.1% | |
| Preferred dividends | 0.00 | 0.00-100.0% | 295M+2.1% | 289M+21.9% | 237M-50.0% | |
| Net income to common | 8.70B+32.8% | 6.56B-28.6% | 9.19B+19041.7% | 48.0M+100.7% | -6.57B-225.7% | |
| $8.14+35.9% | $5.99-28.3% | $8.36+16620.0% | $0.05+100.8% | -$6.00-229.6% | ||
| EPS (basic) | $8.20+35.8% | $6.04-28.4% | $8.44+16780.0% | $0.05+100.8% | -$6.00-229.6% | |
| Weighted-avg shares (basic) | 1.06B-2.2% | 1.08B-0.4% | 1.09B-0.6% | 1.10B-0.2% | 1.10B+0.4% | |
| Weighted-avg shares (diluted) | 1.07B-2.4% | 1.09B-0.5% | 1.10B-0.2% | 1.10B+0.3% | 1.10B+0.3% | |
| Dividends per share | $1.44+28.6% | $1.12+250.0% | $0.32+0.0% | $0.32+0.0% | $0.32+0.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 40.6B+7.9% | 37.6B-11.6% | 42.6B-27.1% | 58.4B-12.0% | 66.3B-21.8% | ||
| Cash & equivalents | 12.4B-9.0% | 13.6B-10.4% | 15.2B-3.8% | 15.8B+0.3% | 15.8B-56.8% | |
| Accounts receivable | 11.8B+26.2% | 9.33B+7.2% | 8.70B-41.3% | 14.8B-5.1% | 15.6B-6.4% | |
| Inventory | 11.9B+21.6% | 9.76B+17.9% | 8.28B-44.4% | 14.9B-6.0% | 15.8B-0.3% | |
| Other current assets | 1.05B+9.4% | 962M-22.7% | 1.24B-11.1% | 1.40B-27.6% | 1.93B-27.3% | |
| 130B+5.7% | 123B-28.9% | 173B-8.2% | 189B-5.0% | 199B-22.4% | ||
| Operating lease right-of-use | 1.02B-3.7% | 1.06B-8.9% | 1.16B-37.4% | 1.85B-28.9% | 2.61B-8.6% | |
| Goodwill | 9.06B+6.1% | 8.54B-4.6% | 8.95B+1.3% | 8.84B-33.6% | 13.3B-47.9% | |
| Intangible assets | 4.22B-0.8% | 4.26B-8.3% | 4.64B-24.0% | 6.11B-34.6% | 9.33B-3.5% | |
| Long-term investments | 38.8B+2.8% | 37.7B-0.7% | 38.0B+5.5% | 36.0B-14.6% | 42.2B-0.8% | |
| Deferred tax assets | 7.46B+4.9% | 7.11B-5.2% | 7.50B-25.0% | 10.0B-7.9% | 10.9B-23.8% | |
| Other non-current assets | 15.3B+9.8% | 13.9B+18.9% | 11.7B-24.4% | 15.5B-18.7% | 19.0B+18.8% | |
| 39.0B+13.3% | 34.4B+7.1% | 32.1B-35.1% | 49.4B-4.9% | 52.0B-4.9% | ||
| Accounts payable | 10.1B+27.4% | 7.91B+5.2% | 7.52B-25.1% | 10.0B-8.5% | 11.0B | |
| Deferred revenue | 10.3B+10.5% | 9.35B+12.4% | 8.32B-48.7% | 16.2B-6.7% | 17.4B-5.4% | |
| Short-term & current debt | 1.69B-17.3% | 2.04B+84.0% | 1.11B-70.4% | 3.74B-14.3% | 4.36B-7.5% | |
| Current lease liability | 280M-1.1% | 283M-8.1% | 308M | — | — | |
| Other current liabilities | 5.18B+5.4% | 4.92B+1.2% | 4.86B-59.9% | 12.1B-13.2% | 14.0B-7.3% | |
| 111B+7.4% | 104B-28.4% | 145B-6.0% | 154B-2.1% | 157B-28.2% | ||
| Long-term debt | 20.5B+6.2% | 19.3B-7.6% | 20.9B+2.7% | 20.3B-34.1% | 30.8B-56.1% | |
| Deferred revenue (non-current) | 1.06B+5.1% | 1.01B+3.9% | 975M-30.8% | 1.41B-29.2% | 1.99B+10.4% | |
| Non-current lease liability | 783M-4.7% | 822M-11.7% | 931M-55.4% | 2.09B-26.7% | 2.85B-10.9% | |
| Operating lease liability (total) | 1.06B-5.3% | 1.12B | — | — | — | |
| Other non-current liabilities | 7.28B+14.1% | 6.38B+10.8% | 5.76B-48.0% | 11.1B-16.4% | 13.2B-10.4% | |
| 18.7B-3.4% | 19.3B-29.4% | 27.4B-18.7% | 33.7B-16.4% | 40.3B+13.4% | ||
| Preferred stock | — | 0.00 | 0.00-100.0% | 6.00M+0.0% | 6.00M+0.0% | |
| Common stock | 15.0M+0.0% | 15.0M+0.0% | 15.0M+0.0% | 15.0M+0.0% | 15.0M-97.9% | |
| Additional paid-in capital | 23.6B-2.7% | 24.3B-10.0% | 27.0B-21.1% | 34.2B-1.5% | 34.7B+1.1% | |
| Retained earnings | 87.7B+8.9% | 80.5B-7.0% | 86.6B+4.3% | 83.0B-2.5% | 85.1B-7.7% | |
| Treasury stock | 87.8B+7.6% | 81.6B+2.0% | 80.0B-1.5% | 81.2B+0.1% | 81.1B-1.1% | |
| Accumulated other comprehensive income | -4.80B-24.3% | -3.86B+37.2% | -6.15B-170.7% | -2.27B-243.6% | 1.58B+116.2% | |
| Non-controlling interest | 221M-0.9% | 223M-81.4% | 1.20B-1.2% | 1.22B-6.6% | 1.30B-14.5% | |
| Total equity incl. non-controlling | 18.9B-3.4% | 19.6B-31.6% | 28.6B-18.1% | 34.9B+4.8% | 33.3B-10.1% | |
| Total liabilities & equity | 130B+5.7% | 123B-28.9% | 173B-8.2% | 189B-5.0% | 199B-22.4% | |
| Common shares issued | 1.46B+0.0% | 1.46B+0.0% | 1.46B+0.0% | 1.46B+0.0% | 1.46B | |
| Common shares outstanding | 1.05B-2.3% | 1.07B-1.4% | 1.09B-0.1% | 1.09B-0.9% | 1.10B+0.3% | |
| Shares outstanding (cover) | 1.05B-2.3% | 1.07B-1.4% | 1.09B-0.1% | 1.09B-0.9% | 1.10B+0.3% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 8.54B+81.3% | 4.71B-9.2% | 5.19B-12.3% | 5.92B+70.0% | 3.48B-2.4% | ||
| Depreciation & amortization | 863M+3.5% | 834M+4.6% | 797M-5.8% | 846M-47.8% | 1.62B-23.8% | |
| Intangible amortization | 357M+2.0% | 350M-8.4% | 382M+13.0% | 338M-54.2% | 738M-44.8% | |
| Change in inventory | 1.98B+29.6% | 1.53B+15.7% | 1.32B+34.8% | 980M+220.3% | 306M+127.7% | |
| Change in payables | 1.99B+189.7% | 688M-3.5% | 713M-56.5% | 1.64B+520.3% | -390M+33.0% | |
| -1.15B+30.8% | -1.67B-142.0% | 3.97B+74.8% | 2.27B-89.4% | 21.4B+28.2% | ||
| Capital expenditure | 1.27B+23.4% | 1.03B+19.7% | 862M-37.1% | 1.37B+9.7% | 1.25B-20.8% | |
| Free cash flow | 7.26B+97.5% | 3.68B-15.0% | 4.33B-4.8% | 4.55B+103.8% | 2.23B+12.2% | |
| Acquisitions | 360M+166.7% | 135M+229.3% | 41.0M+36.7% | 30.0M-56.5% | 69.0M-18.8% | |
| Proceeds from sale of PP&E | 123M+7.9% | 114M+90.0% | 60.0M-60.8% | 153M+1.3% | 151M-25.6% | |
| Other investing activities | -309M-107.2% | 4.29B+926.4% | -519M+92.6% | -7.05B-329.8% | -1.64B-28.2% | |
| -8.68B-29.1% | -6.73B+21.9% | -8.61B-54.2% | -5.58B+87.7% | -45.4B-128.7% | ||
| Long-term debt issued | 1.99B | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 7.55B+29.6% | 5.83B+372.6% | 1.23B+17.7% | 1.05B+879.4% | 107M+282.1% | |
| Dividends paid | 1.45B+44.0% | 1.01B+71.1% | 589M-7.8% | 639M+11.1% | 575M-11.3% | |
| Other financing activities | 120M-87.9% | 992M+116.1% | 459M+145.9% | -1.00B-91.2% | -523M-2373.9% | |
| Net change in cash | -1.10B+71.7% | -3.88B-683.6% | 664M-70.3% | 2.23B+110.8% | -20.8B-4007.7% | |
| Interest paid | 882M-9.0% | 969M-9.2% | 1.07B-31.6% | 1.56B-38.4% | 2.54B-14.8% | |
| Income taxes paid | — | 852M-14.3% | 994M-11.9% | 1.13B-15.2% | 1.33B+3.0% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 323B+80.5% | 179B+61.5% | 111B+94.4% | 57.0B-11.8% | 64.7B+9.7% | |
| P/E | 37.1×+35.9% | 27.3×+148.5% | 11.0× | — | — | |
| P/S | 7.0×+52.3% | 4.6×+78.2% | 2.6×+180.1% | 0.9×-19.2% | 1.1×+47.3% | |
| P/B | 17.3×+86.9% | 9.3×+139.3% | 3.9×+113.4% | 1.8×+12.9% | 1.6×-3.3% | |
| P/FCF | 44.5×-8.6% | 48.7×+110.9% | 23.1×+8.7% | 21.2×-26.8% | 29.0×-2.2% | |
| Earnings yield | 2.7%-26.4% | 3.7%-59.8% | 9.1% | — | — | |
| FCF yield | 2.2%+9.4% | 2.1%-52.6% | 4.3%-8.0% | 4.7%+36.6% | 3.4%+2.3% | |
| Dividend yield | 0.47%-30.4% | 0.67%+113.7% | 0.31%-48.8% | 0.61%+12.7% | 0.54%-8.5% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: GE’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all GE filings on SEC EDGAR → Not investment advice.
