General Historical Income Statement

GE Stock  USD 180.12  6.57  3.79%   
Historical analysis of General Electric income statement accounts such as Total Revenue of 113.9 B can show how well General Electric performed in making a profits. Evaluating General Electric income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of General Electric's future profits or losses.
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining General Electric latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether General Electric is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in General Electric. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For information on how to trade General Stock refer to our How to Trade General Stock guide.

About General Income Statement Analysis

General Electric Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to General Electric shareholders. The income statement also shows General investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

General Electric Income Statement Chart

General Electric Income Statement is one of the three primary financial statements used for reporting General's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of General Electric revenue and expense. General Electric Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, General Electric's Other Operating Expenses is projected to decrease significantly based on the last few years of reporting. The current year's Cost Of Revenue is expected to grow to about 65.7 B, whereas Interest Expense is forecasted to decline to about 1.1 B.

Total Revenue

Total revenue comprises all receipts General Electric generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of General Electric minus its cost of goods sold. It is profit before General Electric operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of General Electric. It is also known as General Electric overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from General Electric operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of General Electric is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from General Electric's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into General Electric current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in General Electric. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For information on how to trade General Stock refer to our How to Trade General Stock guide.At present, General Electric's Other Operating Expenses is projected to decrease significantly based on the last few years of reporting. The current year's Cost Of Revenue is expected to grow to about 65.7 B, whereas Interest Expense is forecasted to decline to about 1.1 B.
 2021 2022 2023 2024 (projected)
Gross Profit20.3B13.8B17.6B16.7B
Total Revenue74.2B76.6B68.0B113.9B

General Electric income statement Correlations

0.910.830.750.740.830.720.840.85-0.510.31-0.630.250.220.390.720.07-0.410.030.10.43-0.08-0.48-0.110.56-0.56
0.910.830.730.70.940.90.950.83-0.640.54-0.610.480.360.30.680.22-0.330.110.350.53-0.15-0.590.040.31-0.57
0.830.830.790.90.780.740.810.94-0.320.36-0.560.270.280.420.9-0.04-0.620.00.140.29-0.24-0.360.150.34-0.52
0.750.730.790.540.750.70.760.62-0.440.41-0.770.330.30.280.640.05-0.390.010.220.42-0.17-0.490.090.28-0.54
0.740.70.90.540.560.530.620.96-0.040.12-0.390.020.150.290.9-0.24-0.68-0.12-0.120.05-0.16-0.190.060.44-0.44
0.830.940.780.750.560.960.980.73-0.810.68-0.560.610.430.440.60.38-0.210.160.530.7-0.2-0.650.110.16-0.6
0.720.90.740.70.530.960.980.68-0.760.81-0.440.710.510.370.540.4-0.240.140.650.69-0.14-0.570.140.01-0.53
0.840.950.810.760.620.980.980.77-0.730.72-0.520.630.460.40.620.33-0.30.120.540.66-0.13-0.580.080.17-0.57
0.850.830.940.620.960.730.680.77-0.290.26-0.460.170.20.380.91-0.08-0.61-0.060.030.23-0.24-0.350.060.4-0.55
-0.51-0.64-0.32-0.44-0.04-0.81-0.76-0.73-0.29-0.660.26-0.66-0.28-0.52-0.18-0.61-0.28-0.22-0.68-0.80.20.71-0.130.060.53
0.310.540.360.410.120.680.810.720.26-0.660.00.930.530.310.090.52-0.050.090.940.670.02-0.440.22-0.33-0.17
-0.63-0.61-0.56-0.77-0.39-0.56-0.44-0.52-0.460.260.00.05-0.210.17-0.540.020.18-0.130.15-0.250.20.380.09-0.420.54
0.250.480.270.330.020.610.710.630.17-0.660.930.050.210.32-0.020.33-0.030.350.950.460.07-0.280.14-0.41-0.03
0.220.360.280.30.150.430.510.460.2-0.280.53-0.210.21-0.110.140.72-0.01-0.460.340.74-0.17-0.470.310.01-0.25
0.390.30.420.280.290.440.370.40.38-0.520.310.170.32-0.110.350.16-0.050.040.330.36-0.07-0.350.150.11-0.3
0.720.680.90.640.90.60.540.620.91-0.180.09-0.54-0.020.140.35-0.18-0.45-0.05-0.10.16-0.36-0.320.090.52-0.7
0.070.22-0.040.05-0.240.380.40.33-0.08-0.610.520.020.330.720.16-0.180.39-0.370.50.86-0.16-0.620.4-0.2-0.16
-0.41-0.33-0.62-0.39-0.68-0.21-0.24-0.3-0.61-0.28-0.050.18-0.03-0.01-0.05-0.450.390.10.20.31-0.06-0.280.050.04-0.21
0.030.110.00.01-0.120.160.140.12-0.06-0.220.09-0.130.35-0.460.04-0.05-0.370.10.27-0.19-0.020.33-0.24-0.080.0
0.10.350.140.22-0.120.530.650.540.03-0.680.940.150.950.340.33-0.10.50.20.270.60.02-0.370.22-0.41-0.1
0.430.530.290.420.050.70.690.660.23-0.80.67-0.250.460.740.360.160.860.31-0.190.6-0.21-0.790.270.08-0.53
-0.08-0.15-0.24-0.17-0.16-0.2-0.14-0.13-0.240.20.020.20.07-0.17-0.07-0.36-0.16-0.06-0.020.02-0.210.18-0.68-0.060.46
-0.48-0.59-0.36-0.49-0.19-0.65-0.57-0.58-0.350.71-0.440.38-0.28-0.47-0.35-0.32-0.62-0.280.33-0.37-0.790.18-0.23-0.160.65
-0.110.040.150.090.060.110.140.080.06-0.130.220.090.140.310.150.090.40.05-0.240.220.27-0.68-0.23-0.22-0.08
0.560.310.340.280.440.160.010.170.40.06-0.33-0.42-0.410.010.110.52-0.20.04-0.08-0.410.08-0.06-0.16-0.22-0.51
-0.56-0.57-0.52-0.54-0.44-0.6-0.53-0.57-0.550.53-0.170.54-0.03-0.25-0.3-0.7-0.16-0.210.0-0.1-0.530.460.65-0.08-0.51
Click cells to compare fundamentals

General Electric Account Relationship Matchups

General Electric income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization5.6B6.0B3.0B2.9B2.1B2.0B
Interest Expense4.2B3.3B1.9B1.5B1.1B1.1B
Total Revenue95.2B79.6B74.2B76.6B68.0B113.9B
Gross Profit25.2B19.2B20.3B13.8B17.6B16.7B
Other Operating Expenses87.3B78.0B68.1B57.8B64.4B90.4B
Operating Income1.3B4.2B4.0B1.9B6.4B6.1B
Ebit1.3B4.2B4.0B1.9B6.4B6.1B
Ebitda6.9B10.2B7B4.8B8.5B8.1B
Cost Of Revenue70.0B60.4B53.9B55.5B50.4B65.7B
Total Operating Expenses17.2B17.6B14.2B13.6B14.0B18.2B
Income Before Tax1.1B5.2B(3.7B)(799M)10.2B8.2B
Total Other Income Expense Net(118M)1.0B(7.7B)(2.7B)7.0B7.3B
Net Income423M5.7B(3.4B)292M9.5B6.0B
Income Tax Expense726M(474M)(286M)476M1.2B1.8B
Selling General Administrative17.2B15.0B14.0B12.8B12.1B24.1B
Research Development3.1B2.6B2.5B2.8B1.9B3.6B
Net Income Applicable To Common Shares(5.4B)5.2B(6.8B)(64M)(57.6M)(54.7M)
Minority Interest73M(316M)71M67M21M20.0M
Discontinued Operations(5.3B)(125M)(3.2B)(644M)(579.6M)(608.6M)
Net Income From Continuing Ops423M5.7B(3.4B)1.4B11.0B11.5B
Tax Provision726M(474M)(286M)476M1.0B1.1B
Interest Income1.2B2.6B2.1B681M721M1.3B
Preferred Stock And Other Adjustments447M460M474M289M332.4M225.0M
Extraordinary Items(5.4B)(174M)(3.2B)(644M)(740.6M)(777.6M)
Net Interest Income(475M)(3.3B)(1.9B)(1.6B)(578M)(606.9M)
Reconciled Depreciation5.6B6.0B3.0B3.5B2.8B3.9B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether General Electric is a strong investment it is important to analyze General Electric's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact General Electric's future performance. For an informed investment choice regarding General Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in General Electric. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For information on how to trade General Stock refer to our How to Trade General Stock guide.
Note that the General Electric information on this page should be used as a complementary analysis to other General Electric's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Complementary Tools for General Stock analysis

When running General Electric's price analysis, check to measure General Electric's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy General Electric is operating at the current time. Most of General Electric's value examination focuses on studying past and present price action to predict the probability of General Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move General Electric's price. Additionally, you may evaluate how the addition of General Electric to your portfolios can decrease your overall portfolio volatility.
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Is General Electric's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of General Electric. If investors know General will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about General Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.23)
Dividend Share
0.32
Earnings Share
7.98
Revenue Per Share
62.4
Quarterly Revenue Growth
0.154
The market value of General Electric is measured differently than its book value, which is the value of General that is recorded on the company's balance sheet. Investors also form their own opinion of General Electric's value that differs from its market value or its book value, called intrinsic value, which is General Electric's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because General Electric's market value can be influenced by many factors that don't directly affect General Electric's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between General Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if General Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, General Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.