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General Electric Co (XBRU:GEBC) Net Margin % : 9.57% (As of Mar. 2024)


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What is General Electric Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. General Electric Co's Net Income for the three months ended in Mar. 2024 was €1,414 Mil. General Electric Co's Revenue for the three months ended in Mar. 2024 was €14,769 Mil. Therefore, General Electric Co's net margin for the quarter that ended in Mar. 2024 was 9.57%.

The historical rank and industry rank for General Electric Co's Net Margin % or its related term are showing as below:

XBRU:GEBC' s Net Margin % Range Over the Past 10 Years
Min: -23.04   Med: -2.37   Max: 13.95
Current: 5.05


XBRU:GEBC's Net Margin % is ranked better than
50.33% of 304 companies
in the Aerospace & Defense industry
Industry Median: 4.985 vs XBRU:GEBC: 5.05

General Electric Co Net Margin % Historical Data

The historical data trend for General Electric Co's Net Margin % 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.

* Premium members only.

General Electric Co Net Margin % Chart

General Electric Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.52 7.52 -11.22 0.58 13.95

General Electric Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.82 0.21 2.01 8.20 9.57

Competitive Comparison of General Electric Co's Net Margin %

For the Aerospace & Defense subindustry, General Electric Co's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


General Electric Co's Net Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, General Electric Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where General Electric Co's Net Margin % falls into.



General Electric Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

General Electric Co's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=8694.077/62313.818
=13.95 %

General Electric Co's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=1414.04/14768.76
=9.57 %

* 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.


General Electric Co  (XBRU:GEBC) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


General Electric Co Net Margin % Related Terms

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General Electric Co (XBRU:GEBC) Business Description

Address
5 Necco Street, Boston, MA, USA, 02210
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.

General Electric Co (XBRU:GEBC) Headlines

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