GE Aerospace (XPAR:GNE) Deferred Tax : €1,114 Mil (TTM As of Mar. 2024)

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What is GE Aerospace Deferred Tax?

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

GE Aerospace's change in deferred tax for the three months ended in Mar. 2024 was €293 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Mar. 2024 was €1,114 Mil.

GE Aerospace Deferred Tax Historical Data

The historical data trend for GE Aerospace's Deferred Tax can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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GE Aerospace Deferred Tax Chart

GE Aerospace Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Deferred Tax

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496.80

-400.31

-669.95

-2.83

1,065.55

GE Aerospace Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Deferred Tax	Get a 7-Day Free Trial															253.11	306.44	129.31	386.06	292.56

GE Aerospace Deferred Tax Calculation

Deferred Tax for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,114 Mil.

GE Aerospace Deferred Tax Related Terms

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GE Aerospace (XPAR:GNE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » GE Aerospace (XPAR:GNE) » Definitions » Deferred Tax

Comparable Companies

Traded in Other Exchanges

GE:USA GE:Peru GE:Mexico 1GE:Italy GEC:UK GCP:Germany GE:Chile GE:Switzerland GEOO34:Brazil GE:Argentina

Address

5 Necco Street, Boston, MA, USA, 02210

Website

https://www.ge.com

GE was formed through the combination of two companies in 1892, including one with historical ties to American inventor Thomas Edison. Today, GE is a global leader in air travel and in the energy transition. The company is known for its differentiated technology and its massive industrial installed base of equipment sprawled throughout the world. That installed base most notably includes aerospace engines, gas and steam turbines, and onshore and offshore wind turbines. GE earns most of its profits on the service revenue of that equipment, which is generally higher-margin. The company is led by Danaher alumnus Larry Culp, who is leading a multiyear turnaround of the conglomerate based on lean principles.