General Electric Co

Common Name

General Electric

Country

United States

Sector

Industrials

Industry

Aerospace & Defense

Employees

53,000

Ticker

Exchange

NEW YORK STOCK EXCHANGE, INC.

Website

www.ge.com

Description

General Electric Company is a multinational conglomerate known for its extensive influence across various sectors, particularly in aviation, healthcare, renewable energy, and power. Primarily, General... Show more

Financial Statements of General Electric

Below are the financial statements of General Electric, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of USD	2024	2023	2022
Sales of equipment	10,274^a	9,318^a	7,837^a
Sales of services	24,847^a	22,641^a	18,345^a
Insurance revenue	3,581^a	3,389^a	2,957^a
Total revenue	38,702^a	35,348^a	29,139^a
Cost of equipment sold	-10,341^a	-9,900^a	-8,151^a
Cost of services sold	-13,967^a	-13,039^a	-10,836^a
Selling, general and administrative expenses	-4,437^a	-4,045^a	-3,672^a
Separation costs	-492^a	-692^a	-625^a
Research and development	-1,286^a	-1,011^a	-808^a
Interest and other financial charges	-986^a	-1,029^a	-1,339^a
Debt extinguishment costs	0^a	0^a	-465^a
Insurance losses, annuity benefits and other costs	-2,429^a	-2,886^a	-2,592^a
Goodwill impairments	-251^a	0^a	0^a
Non-operating benefit cost (income)	-842^a	-978^a	-60^a
Total costs and expenses	-33,346^a	-31,625^a	-28,428^a
Other income (loss)	2,264^a	6,718^a	811^a
Earnings (loss) from continuing operations before income taxes	7,620^a	10,441^a	1,522^a
Benefit (provision) for income taxes	-962^a	-994^a	-169^a
Earnings (loss) from continuing operations	6,657^a	9,448^a	1,353^a
Earnings (loss) from discontinued operations, net of taxes	-91^a	-3^a	-949^a
Net earnings (loss)	6,566^a	9,445^a	403^a
Less net earnings (loss) attributable to noncontrolling interests	11^a	-37^a	67^a
Net earnings (loss) attributable to the Company	6,556^a	9,482^a	336^a
Preferred stock dividends and other	0^a	-295^a	-289^a
Net earnings (loss) attributable to common shareholders	6,556^a	9,188^a	48^a
Amounts attributable to common shareholders	—	—	—
Earnings (loss) from continuing operations	6,657^a	9,448^a	1,353^a
Less net earnings (loss) attributable to noncontrolling interests, continuing operations	-13^a	-1^a	2^a
Earnings (loss) from continuing operations attributable to the Company	6,670^a	9,449^a	1,350^a
Preferred stock dividends and other	0^a	-295^a	-289^a
Earnings (loss) from continuing operations attributable to common shareholders	6,670^a	9,154^a	1,061^a
Earnings (loss) from discontinued operations attributable to common shareholders	-114^a	33^a	-1,014^a
Net earnings (loss) attributable to common shareholders	6,556^a	9,188^a	48^a

Verified Sources Behind General Electric’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore General Electric’s data sources below and access millions more through our Disclosure Search.

a. General Electric's Annual Report 2024

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General Electric Co

Financial Statements of General Electric

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