GE Aerospace Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Quarter Ended	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	+84 Quarters
Revenue	19,423	17,346	16,699	14,486	16,828	14,470	14,127	12,675	2,576	18,569	18,253	17,071	21,009	18,529	16,805	19,490	21,245	23,360	23,414	22,202	16,670	23,392	29,162	27,788	8,588	30,662	29,097	26,881	28,865	29,265	33,494	27,845	33,892	28,028	29,227	26,239	19,269	32,107	32,260	33,548	Upgrade
Revenue Growth (YoY)	15.42%	19.88%	18.21%	14.29%	553.26%	-22.07%	-22.60%	-25.75%	-87.74%	0.22%	8.62%	-12.41%	-1.11%	-20.68%	-28.23%	-12.22%	27.44%	-0.14%	-19.71%	-20.10%	94.11%	-23.71%	0.22%	3.37%	-70.25%	4.77%	-13.13%	-3.46%	-14.83%	4.41%	14.60%	6.12%	75.89%	-12.70%	-9.40%	-21.79%	160.85%	-9.97%	-7.98%	-3.99%	Upgrade
Cost of Revenue	14,396	12,904	12,362	10,729	12,439	11,534	10,525	9,774	3,821	13,402	13,618	12,537	15,770	14,041	13,633	14,427	13,904	17,328	17,412	16,208	7,597	17,847	23,048	20,911	7,439	24,288	22,280	20,864	24,638	21,650	23,159	21,003	24,245	20,528	21,230	19,295	23,236	21,260	21,612	20,126	Upgrade
Gross Profit	5,027	4,442	4,337	3,757	4,389	2,936	3,602	2,901	-1,245	5,167	4,635	4,534	5,239	4,488	3,172	5,063	7,341	6,032	6,002	5,994	9,073	5,545	6,114	6,877	1,149	6,374	6,817	6,017	4,227	7,615	10,335	6,842	9,647	7,500	7,997	6,944	-3,967	10,847	10,648	13,422	Upgrade
Selling, General & Admin	2,524	2,171	2,358	2,142	2,664	1,966	1,817	2,725	-325	2,745	2,863	2,894	3,284	3,215	3,068	3,061	3,686	3,293	3,425	3,402	2,109	4,100	4,346	4,088	608	4,741	4,152	4,287	3,923	4,342	4,883	4,608	4,773	4,258	4,385	4,415	16,848	0	0	0	Upgrade
Research & Development	551	471	455	431	517	426	439	403	-110	627	604	561	636	595	611	723	3,118	0	0	0	3,415	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	Upgrade
Other Operating Expenses	1,077	937	961	889	1,094	675	817	719	401	674	516	583	580	649	1,506	661	423	2,302	1,548	683	2,386	22,768	-565	751	14,247	1,208	133	190	181	239	303	259	1,735	295	287	291	-19,438	6,318	6,273	7,962	Upgrade
Operating Expenses	4,152	3,579	3,774	3,462	4,275	3,067	3,073	3,847	-34	4,046	3,983	4,038	4,500	4,459	5,185	4,445	7,227	5,595	4,973	4,085	7,910	26,868	3,781	4,839	14,855	5,949	4,285	4,477	4,104	4,581	5,186	4,867	6,508	4,553	4,672	4,706	-2,590	6,318	6,273	7,962	Upgrade
Operating Income	875	863	563	295	114	-131	529	-946	-1,211	1,121	652	496	739	29	-2,013	618	114	437	1,029	1,909	1,163	-21,323	2,333	2,038	-13,706	425	2,532	1,540	123	3,034	5,149	1,975	3,139	2,947	3,325	2,238	-1,377	4,529	4,375	5,460	Upgrade
Interest Expense / Income	296	286	267	269	347	374	368	387	340	462	488	500	420	526	561	561	-346	1,279	929	1,065	1,038	1,155	1,291	1,282	1,110	1,232	1,174	1,139	1,002	961	1,326	1,736	1,235	897	713	618	-2,042	1,325	1,299	2,141	Upgrade
Other Expense / Income	-1,434	91	-72	-7,751	-2,223	-679	882	-226	2,545	-600	1,761	2,656	-2,419	1,130	-427	-6,196	-821	8,540	154	-2,884	-223	239	-262	1,953	29	-1,616	339	589	-1,780	28	454	188	-3,654	-591	3,173	8,899	-4,048	-734	-661	-299	Upgrade
Pretax Income	2,013	486	368	7,777	1,990	174	-721	-1,107	-4,096	1,259	-1,597	-2,660	2,738	-1,627	-2,147	6,253	1,281	-9,382	-54	3,728	348	-22,717	1,304	-1,197	-14,845	809	1,019	-188	901	2,045	3,369	51	5,558	2,641	-561	-7,279	4,713	3,938	3,737	3,618	Upgrade
Income Tax	421	138	333	271	-206	13	161	29	-435	2	-466	142	102	-483	-160	54	552	41	-181	140	-413	52	504	-50	-2,505	-551	-38	-105	-1,435	-38	461	-177	-743	135	799	6,294	-439	401	192	619	Upgrade
Net Income	1,592	348	35	7,506	2,196	161	-882	-1,136	-3,661	1,257	-1,131	-2,802	2,636	-1,144	-1,987	6,199	729	-9,423	127	3,588	761	-22,769	800	-1,147	-12,340	1,360	1,057	-83	2,336	2,083	2,908	228	6,301	2,506	-1,360	-13,573	5,152	3,537	3,545	2,999	Upgrade
Preferred Dividends	0	182	116	290	194	146	134	104	112	104	114	144	386	92	384	86	380	84	376	80	372	78	370	74	368	72	364	68	364	66	304	578	36	0	0	0	0	0	0	0	Upgrade
Net Income Common	1,592	258	-23	7,360	2,100	88	-949	-1,188	-3,716	1,205	-1,188	-2,874	2,443	-1,190	-2,179	6,156	538	-9,465	-61	3,549	574	-22,808	616	-1,184	-12,524	1,324	875	-117	2,156	2,050	2,756	-61	6,282	2,506	-1,360	-13,573	5,152	3,537	3,545	2,999	Upgrade
Net Income Growth	-24.19%	193.18%	-	-	-	-92.70%	-	-	-	-	-	-	354.09%	-	-	73.46%	-6.27%	-	-	-	-	-	-29.60%	-	-	-35.41%	-68.25%	-	-65.68%	-18.20%	-	-	21.93%	-29.15%	-	-	60.70%	10.84%	13.15%	-14.97%	Upgrade
Shares Outstanding (Basic)	1,088	1,088	1,089	1,089	1,093	1,097	1,101	1,099	1,098	1,098	1,097	1,096	1,095	1,094	1,093	1,093	1,092	1,091	1,090	1,088	1,087	1,086	1,086	1,085	1,084	1,082	1,085	1,091	1,106	1,120	1,149	1,166	1,264	1,262	1,259	1,258	1,255	1,254	1,253	1,254	Upgrade
Shares Change	-0.39%	-0.75%	-1.06%	-0.91%	-0.50%	-0.10%	0.30%	0.30%	0.29%	0.32%	0.36%	0.32%	0.30%	0.30%	0.30%	0.40%	0.41%	0.41%	0.41%	0.26%	0.30%	0.38%	0.02%	-0.48%	-1.97%	-3.38%	-5.56%	-6.49%	-12.49%	-11.24%	-8.74%	-7.30%	0.67%	0.62%	0.48%	0.32%	-0.74%	-1.47%	-3.02%	-3.51%	Upgrade
EPS (Basic)	1.46	0.24	-0.02	6.76	1.91	0.08	-0.86	-1.08	-3.39	1.09	-1.08	-2.62	2.20	-1.09	-2.08	5.60	0.45	-8.64	-0.08	3.28	0.56	-20.96	0.56	-1.12	-11.52	1.20	0.80	-0.08	2.00	1.76	2.40	-0.08	4.88	2.00	-1.04	-10.80	4.08	2.80	2.80	2.40	Upgrade
EPS (Diluted)	1.45	0.23	-0.02	6.71	1.91	0.08	-0.86	-1.08	-3.39	1.08	-1.08	-2.61	2.20	-1.09	-2.08	5.60	0.53	-8.64	-0.08	3.20	0.56	-20.96	0.56	-1.12	-11.52	1.20	0.80	-0.08	1.92	1.84	2.40	-0.08	4.96	2.00	-1.04	-10.80	4.00	2.80	2.80	2.40	Upgrade
EPS Growth	-24.08%	187.50%	-	-	-	-92.59%	-	-	-	-	-	-	315.09%	-	-	75.00%	-5.36%	-	-	-	-	-	-30.00%	-	-	-34.78%	-66.67%	-	-61.29%	-8.00%	-	-	24.00%	-28.57%	-	-	56.25%	12.90%	16.67%	-11.76%	Upgrade
Free Cash Flow	2,623	1,436	165	-551	4,175	1,259	303	-789	2,464	2,039	297	-2,281	3,394	1,037	-1,621	-769	6,169	1,429	-709	-274	7,849	-3,377	-1,397	-951	3,817	536	1,505	-870	1,215	1,086	-4,069	-596	4,079	302	5,482	4,961	9,800	5,695	5,139	2,864	Upgrade
Free Cash Flow Per Share	2.41	1.32	0.15	-0.51	3.82	1.15	0.28	-0.72	2.24	1.86	0.27	-2.08	3.10	0.95	-1.48	-0.70	5.65	1.31	-0.65	-0.25	7.22	-3.11	-1.29	-0.88	3.52	0.49	1.39	-0.80	1.10	0.97	-3.54	-0.51	3.23	0.24	4.35	3.94	7.81	4.54	4.10	2.28	Upgrade
Dividend Per Share	0.080	0.160	-	0.080	0.080	0.080	0.080	0.080	0.080	0.080	0.080	0.080	0.080	0.080	0.080	0.080	0.080	0.080	0.080	0.080	0.080	0.960	0.960	0.960	0.960	1.920	1.920	1.920	1.920	1.840	1.840	1.840	1.840	1.840	1.840	1.840	1.840	1.760	1.760	1.760	Upgrade
Dividend Growth	0%	100.00%	-	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	-91.67%	-91.67%	-91.67%	-91.67%	-50.00%	-50.00%	-50.00%	-50.00%	4.35%	4.35%	4.35%	4.35%	0%	0%	0%	0%	4.55%	4.55%	4.55%	4.55%	15.79%	15.79%	15.79%	Upgrade
Gross Margin	25.88%	25.61%	25.97%	25.94%	26.08%	20.29%	25.50%	22.89%	-48.33%	27.83%	25.39%	26.56%	24.94%	24.22%	18.88%	25.98%	34.55%	25.82%	25.63%	27.00%	54.43%	23.70%	20.97%	24.75%	13.38%	20.79%	23.43%	22.38%	14.64%	26.02%	30.86%	24.57%	28.46%	26.76%	27.36%	26.46%	-20.59%	33.78%	33.01%	40.01%	Upgrade
Operating Margin	4.50%	4.98%	3.37%	2.04%	0.68%	-0.91%	3.74%	-7.46%	-47.01%	6.04%	3.57%	2.91%	3.52%	0.16%	-11.98%	3.17%	0.54%	1.87%	4.39%	8.60%	6.98%	-91.16%	8.00%	7.33%	-159.59%	1.39%	8.70%	5.73%	0.43%	10.37%	15.37%	7.09%	9.26%	10.51%	11.38%	8.53%	-7.15%	14.11%	13.56%	16.28%	Upgrade
Profit Margin	8.20%	1.49%	-0.14%	50.81%	12.48%	0.61%	-6.72%	-9.37%	-144.25%	6.49%	-6.51%	-16.84%	11.63%	-6.42%	-12.97%	31.59%	2.53%	-40.52%	-0.26%	15.99%	3.44%	-97.50%	2.11%	-4.26%	-145.83%	4.32%	3.01%	-0.44%	7.47%	7.00%	8.23%	-0.22%	18.54%	8.94%	-4.65%	-51.73%	26.74%	11.02%	10.99%	8.94%	Upgrade
Free Cash Flow Margin	13.50%	8.28%	0.99%	-3.80%	24.81%	8.70%	2.14%	-6.22%	95.65%	10.98%	1.63%	-13.36%	16.15%	5.60%	-9.65%	-3.95%	29.04%	6.12%	-3.03%	-1.23%	47.08%	-14.44%	-4.79%	-3.42%	44.45%	1.75%	5.17%	-3.24%	4.21%	3.71%	-12.15%	-2.14%	12.04%	1.08%	18.76%	18.91%	50.86%	17.74%	15.93%	8.54%	Upgrade
Effective Tax Rate	20.91%	28.40%	90.49%	3.48%	-10.35%	7.47%	-	-	-	0.16%	-	-	3.73%	-	-	0.86%	43.09%	-	-	3.76%	-118.68%	-	38.65%	-	-	-68.11%	-3.73%	-	-159.27%	-1.86%	13.68%	-347.06%	-13.37%	5.11%	-	-	-9.31%	10.18%	5.14%	17.11%	Upgrade
EBITDA	2,843	1,299	1,146	8,553	2,916	1,030	163	605	-3,646	2,447	-338	-1,407	3,922	61	-827	7,593	287	-6,603	2,202	6,155	2,871	-20,254	4,510	1,959	-12,969	4,068	3,862	2,683	5,332	4,142	5,990	2,997	8,086	4,803	1,340	-5,560	3,804	6,688	5,242	7,948	Upgrade
EBITDA Margin	14.64%	7.49%	6.86%	59.04%	17.33%	7.12%	1.15%	4.77%	-141.54%	13.18%	-1.85%	-8.24%	18.67%	0.33%	-4.92%	38.96%	1.35%	-28.27%	9.40%	27.72%	17.22%	-86.59%	15.47%	7.05%	-151.01%	13.27%	13.27%	9.98%	18.47%	14.15%	17.88%	10.76%	23.86%	17.14%	4.58%	-21.19%	19.74%	20.83%	16.25%	23.69%	Upgrade
Depreciation & Amortization	534	527	511	507	579	482	516	1,325	110	726	771	753	764	1,162	759	779	-648	1,500	1,327	1,362	1,485	1,308	1,915	1,874	766	2,027	1,669	1,732	3,429	1,136	1,295	1,210	1,293	1,265	1,188	1,101	1,133	1,425	206	2,189	Upgrade
EBIT	2,309	772	635	8,046	2,337	548	-353	-720	-3,756	1,721	-1,109	-2,160	3,158	-1,101	-1,586	6,814	935	-8,103	875	4,793	1,386	-21,562	2,595	85	-13,735	2,041	2,193	951	1,903	3,006	4,695	1,787	6,793	3,538	152	-6,661	2,671	5,263	5,036	5,759	Upgrade
EBIT Margin	11.89%	4.45%	3.80%	55.54%	13.89%	3.79%	-2.50%	-5.68%	-145.81%	9.27%	-6.08%	-12.65%	15.03%	-5.94%	-9.44%	34.96%	4.40%	-34.69%	3.74%	21.59%	8.31%	-92.18%	8.90%	0.31%	-159.93%	6.66%	7.54%	3.54%	6.59%	10.27%	14.02%	6.42%	20.04%	12.62%	0.52%	-25.39%	13.86%	16.39%	15.61%	17.17%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).