Net Profit Margin
since 2005
Calculation
GE Aerospace, net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net earnings (loss) attributable to the Company1 | ÷ | Sales of equipment and services1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 14.68% | = | 100 | × | 9,481) | ÷ | 64,565) |
| Dec 31, 2022 | 0.31% | = | 100 | × | 225) | ÷ | 73,602) |
| Dec 31, 2021 | -9.17% | = | 100 | × | (6,520) | ÷ | 71,090) |
| Dec 31, 2020 | 7.81% | = | 100 | × | 5,704) | ÷ | 73,022) |
| Dec 31, 2019 | -5.69% | = | 100 | × | (4,979) | ÷ | 87,487) |
| Dec 31, 2018 | -19.69% | = | 100 | × | (22,355) | ÷ | 113,544) |
| Dec 31, 2017 | -5.11% | = | 100 | × | (5,786) | ÷ | 113,192) |
| Dec 31, 2016 | 8.00% | = | 100 | × | 8,831) | ÷ | 110,390) |
| Dec 31, 2015 | -5.79% | = | 100 | × | (6,126) | ÷ | 105,808) |
| Dec 31, 2014 | 14.27% | = | 100 | × | 15,233) | ÷ | 106,758) |
| Dec 31, 2013 | 12.99% | = | 100 | × | 13,057) | ÷ | 100,542) |
| Dec 31, 2012 | 13.62% | = | 100 | × | 13,641) | ÷ | 100,149) |
| Dec 31, 2011 | 14.97% | = | 100 | × | 14,151) | ÷ | 94,523) |
| Dec 31, 2010 | 11.59% | = | 100 | × | 11,644) | ÷ | 100,437) |
| Dec 31, 2009 | 10.62% | = | 100 | × | 11,025) | ÷ | 103,777) |
| Dec 31, 2008 | 15.44% | = | 100 | × | 17,410) | ÷ | 112,769) |
| Dec 31, 2007 | 22.31% | = | 100 | × | 22,208) | ÷ | 99,526) |
| Dec 31, 2006 | 20.68% | = | 100 | × | 20,829) | ÷ | 100,700) |
| Dec 31, 2005 | 17.66% | = | 100 | × | 16,353) | ÷ | 92,589) |
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, net profit margin, 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 | 14.68% | -2.86% | 16.18% | 13.87% | 15.43% | 10.24% | 4.64% |
| Dec 31, 2022 | 0.31% | -7.41% | 11.85% | 11.86% | 14.00% | 8.69% | 7.75% |
| Dec 31, 2021 | -9.17% | -6.75% | 13.47% | 10.92% | 16.11% | 9.42% | 6.00% |
| Dec 31, 2020 | 7.81% | -20.42% | 7.68% | 7.90% | 14.64% | 10.45% | -6.22% |
| Dec 31, 2019 | -5.69% | -0.83% | 12.00% | 10.34% | 16.73% | 10.42% | 7.19% |
| Dec 31, 2018 | -19.69% | 10.34% | 11.86% | 9.93% | 16.18% | 9.39% | 7.92% |
| Dec 31, 2017 | -5.11% | 8.78% | 1.77% | 14.63% | 4.08% | 3.92% | 7.61% |
| Dec 31, 2016 | 8.00% | 5.18% | -0.19% | 9.73% | 12.24% | 11.22% | 8.83% |
| Dec 31, 2015 | -5.79% | 5.39% | 4.76% | 9.49% | 12.36% | 7.81% | 13.56% |
| Dec 31, 2014 | 14.27% | 6.00% | 7.09% | 7.95% | 10.52% | 7.93% | 9.55% |
| Dec 31, 2013 | 12.99% | 5.29% | 7.19% | 8.44% | 10.05% | 6.57% | 9.14% |
| Dec 31, 2012 | 13.62% | 4.77% | 9.01% | 7.46% | 7.77% | 5.82% | 8.89% |
| Dec 31, 2011 | 14.97% | 5.85% | 8.59% | 8.41% | 5.66% | 5.71% | 8.56% |
| Dec 31, 2010 | 11.59% | 5.14% | 6.77% | 6.77% | 6.06% | 6.39% | 8.05% |
| Dec 31, 2009 | 10.62% | 1.92% | 3.03% | 3.23% | 6.97% | 6.69% | 7.30% |
| Dec 31, 2008 | 15.44% | 4.39% | 7.40% | 6.88% | 7.64% | 7.53% | 8.08% |
| Dec 31, 2007 | 22.31% | 6.14% | 8.44% | 7.63% | 7.07% | 7.25% | 7.83% |
| Dec 31, 2006 | 20.68% | 3.60% | 9.10% | 7.68% | 6.64% | 6.38% | 7.92% |
| Dec 31, 2005 | 17.66% | 4.69% | 8.39% | 7.24% | 5.98% | 4.90% | 7.26% |
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, net profit margin, long-term trends, comparison to sector (capital goods)
| GE Aerospace | Capital Goods | |
|---|---|---|
| Dec 31, 2023 | 14.68% | 9.09% |
| Dec 31, 2022 | 0.31% | 5.27% |
| Dec 31, 2021 | -9.17% | 3.71% |
| Dec 31, 2020 | 7.81% | 1.85% |
| Dec 31, 2019 | -5.69% | 5.03% |
| Dec 31, 2018 | -19.69% | 2.99% |
| Dec 31, 2017 | -5.11% | 3.41% |
| Dec 31, 2016 | 8.00% | 7.61% |
| Dec 31, 2015 | -5.79% | 4.69% |
| Dec 31, 2014 | 14.27% | 9.51% |
| Dec 31, 2013 | 12.99% | 8.78% |
| Dec 31, 2012 | 13.62% | 8.73% |
| Dec 31, 2011 | 14.97% | 9.04% |
| Dec 31, 2010 | 11.59% | 7.93% |
| Dec 31, 2009 | 10.62% | 6.61% |
| Dec 31, 2008 | 15.44% | 9.45% |
| Dec 31, 2007 | 22.31% | 11.53% |
| Dec 31, 2006 | 20.68% | 10.82% |
| Dec 31, 2005 | 17.66% | 9.72% |
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, net profit margin, long-term trends, comparison to industry (industrials)
| GE Aerospace | Industrials | |
|---|---|---|
| Dec 31, 2023 | 14.68% | 8.61% |
| Dec 31, 2022 | 0.31% | 5.27% |
| Dec 31, 2021 | -9.17% | 6.43% |
| Dec 31, 2020 | 7.81% | 1.43% |
| Dec 31, 2019 | -5.69% | 3.90% |
| Dec 31, 2018 | -19.69% | 4.72% |
| Dec 31, 2017 | -5.11% | 5.80% |
| Dec 31, 2016 | 8.00% | 7.51% |
| Dec 31, 2015 | -5.79% | 5.56% |
| Dec 31, 2014 | 14.27% | 9.17% |
| Dec 31, 2013 | 12.99% | 8.71% |
| Dec 31, 2012 | 13.62% | 8.06% |
| Dec 31, 2011 | 14.97% | 8.72% |
| Dec 31, 2010 | 11.59% | 7.80% |
| Dec 31, 2009 | 10.62% | 6.13% |
| Dec 31, 2008 | 15.44% | 8.69% |
| Dec 31, 2007 | 22.31% | 9.89% |
| Dec 31, 2006 | 20.68% | 10.18% |
| Dec 31, 2005 | 17.66% | 9.21% |
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).