Debt to Equity
since 2005
Calculation
GE Aerospace, debt to equity, long-term trends, calculation
| Debt to equity | = | Total borrowings1 | ÷ | Total GE shareholders’ equity1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 0.77 | = | 20,964) | ÷ | 27,378) |
| Dec 31, 2022 | 0.89 | = | 32,350) | ÷ | 36,366) |
| Dec 31, 2021 | 0.87 | = | 35,185) | ÷ | 40,310) |
| Dec 31, 2020 | 2.11 | = | 75,066) | ÷ | 35,552) |
| Dec 31, 2019 | 3.21 | = | 90,882) | ÷ | 28,316) |
| Dec 31, 2018 | 3.55 | = | 109,958) | ÷ | 30,981) |
| Dec 31, 2017 | 2.09 | = | 134,591) | ÷ | 64,263) |
| Dec 31, 2016 | 1.80 | = | 136,211) | ÷ | 75,828) |
| Dec 31, 2015 | 2.02 | = | 198,276) | ÷ | 98,274) |
| Dec 31, 2014 | 2.85 | = | 364,980) | ÷ | 128,159) |
| Dec 31, 2013 | 2.93 | = | 383,040) | ÷ | 130,566) |
| Dec 31, 2012 | 3.37 | = | 414,060) | ÷ | 123,026) |
| Dec 31, 2011 | 3.89 | = | 453,443) | ÷ | 116,438) |
| Dec 31, 2010 | 4.02 | = | 478,640) | ÷ | 118,936) |
| Dec 31, 2009 | 4.35 | = | 510,192) | ÷ | 117,291) |
| Dec 31, 2008 | 5.00 | = | 523,762) | ÷ | 104,665) |
| Dec 31, 2007 | 4.45 | = | 514,116) | ÷ | 115,559) |
| Dec 31, 2006 | 3.85 | = | 432,957) | ÷ | 112,314) |
| Dec 31, 2005 | 3.39 | = | 370,437) | ÷ | 109,354) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
GE Aerospace, debt to equity, long-term trends, comparison to competitors
| GE Aerospace | Boeing Co. | Caterpillar Inc. | Eaton Corp. plc | Honeywell International Inc. | Lockheed Martin Corp. | RTX Corp. | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 0.77 | — | 1.94 | 0.49 | 1.29 | 2.55 | 0.73 |
| Dec 31, 2022 | 0.89 | — | 2.33 | 0.51 | 1.17 | 1.68 | 0.44 |
| Dec 31, 2021 | 0.87 | — | 2.29 | 0.52 | 1.06 | 1.07 | 0.43 |
| Dec 31, 2020 | 2.11 | — | 2.42 | 0.54 | 1.28 | 2.02 | 0.44 |
| Dec 31, 2019 | 3.21 | — | 2.58 | 0.52 | 0.87 | 4.05 | 1.04 |
| Dec 31, 2018 | 3.55 | 40.85 | 2.60 | 0.47 | 0.89 | 9.04 | 1.18 |
| Dec 31, 2017 | 2.09 | 31.32 | 2.55 | 0.45 | 1.04 | — | 0.93 |
| Dec 31, 2016 | 1.80 | 12.18 | 2.80 | 0.56 | 0.81 | 9.45 | 0.87 |
| Dec 31, 2015 | 2.02 | 1.57 | 2.57 | 0.56 | 0.66 | 4.62 | 0.75 |
| Dec 31, 2014 | 2.85 | 1.05 | 2.35 | 0.57 | 0.49 | 1.81 | 0.63 |
| Dec 31, 2013 | 2.93 | 0.65 | 1.81 | 0.57 | 0.51 | 1.25 | 0.64 |
| Dec 31, 2012 | 3.37 | 1.77 | 2.29 | 0.72 | 0.58 | 157.90 | 0.90 |
| Dec 31, 2011 | 3.89 | 3.52 | 2.69 | 0.51 | 0.70 | 6.45 | 0.47 |
| Dec 31, 2010 | 4.02 | 4.49 | 2.63 | 0.47 | 0.62 | 1.35 | 0.48 |
| Dec 31, 2009 | 4.35 | 6.07 | 3.62 | 0.51 | 0.86 | 1.22 | 0.49 |
| Dec 31, 2008 | 5.00 | — | 5.84 | 0.68 | 1.17 | 1.24 | 0.72 |
| Dec 31, 2007 | 4.45 | 0.91 | 3.20 | 0.66 | 0.83 | 0.44 | 0.43 |
| Dec 31, 2006 | 3.85 | 2.01 | 3.98 | 0.63 | 0.52 | 0.64 | 0.46 |
| Dec 31, 2005 | 3.39 | 0.97 | 3.05 | 0.65 | 0.45 | 0.61 | 0.48 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Capital Goods)
GE Aerospace, debt to equity, long-term trends, comparison to sector (capital goods)
| GE Aerospace | Capital Goods | |
|---|---|---|
| Dec 31, 2023 | 0.77 | 1.54 |
| Dec 31, 2022 | 0.89 | 1.33 |
| Dec 31, 2021 | 0.87 | 1.26 |
| Dec 31, 2020 | 2.11 | 1.75 |
| Dec 31, 2019 | 3.21 | 2.08 |
| Dec 31, 2018 | 3.55 | 2.03 |
| Dec 31, 2017 | 2.09 | 1.74 |
| Dec 31, 2016 | 1.80 | 1.60 |
| Dec 31, 2015 | 2.02 | 1.64 |
| Dec 31, 2014 | 2.85 | 2.06 |
| Dec 31, 2013 | 2.93 | 2.00 |
| Dec 31, 2012 | 3.37 | 2.56 |
| Dec 31, 2011 | 3.89 | 3.04 |
| Dec 31, 2010 | 4.02 | 3.10 |
| Dec 31, 2009 | 4.35 | 3.46 |
| Dec 31, 2008 | 5.00 | 4.19 |
| Dec 31, 2007 | 4.45 | 3.21 |
| Dec 31, 2006 | 3.85 | 3.02 |
| Dec 31, 2005 | 3.39 | 2.53 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Industrials)
GE Aerospace, debt to equity, long-term trends, comparison to industry (industrials)
| GE Aerospace | Industrials | |
|---|---|---|
| Dec 31, 2023 | 0.77 | 1.42 |
| Dec 31, 2022 | 0.89 | 1.31 |
| Dec 31, 2021 | 0.87 | 1.24 |
| Dec 31, 2020 | 2.11 | 1.71 |
| Dec 31, 2019 | 3.21 | 1.84 |
| Dec 31, 2018 | 3.55 | 1.85 |
| Dec 31, 2017 | 2.09 | 1.65 |
| Dec 31, 2016 | 1.80 | 1.54 |
| Dec 31, 2015 | 2.02 | 1.52 |
| Dec 31, 2014 | 2.85 | 1.85 |
| Dec 31, 2013 | 2.93 | 1.76 |
| Dec 31, 2012 | 3.37 | 2.22 |
| Dec 31, 2011 | 3.89 | 2.54 |
| Dec 31, 2010 | 4.02 | 2.61 |
| Dec 31, 2009 | 4.35 | 2.89 |
| Dec 31, 2008 | 5.00 | 3.41 |
| Dec 31, 2007 | 4.45 | 2.70 |
| Dec 31, 2006 | 3.85 | 2.44 |
| Dec 31, 2005 | 3.39 | 2.10 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).