General Electric Company chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 69.85
Dividend & Yield0.30€ (0.38%)
Beta 1.23
Market capitalization 88.67B
Operating cash flow 5.92B
ESG Scores 40.7

Company description

General Electric Company operates as a high-tech industrial company in Europe, China, Asia, the Americas, the Middle East, and Africa. It offers gas and steam turbines, full balance of plant, upgrade, and service solutions, as well as data-leveraging software for power generation, industrial, government, and other customers. The company also provides various solutions for its customers through combining onshore and offshore wind, blade manufacturing, grid solutions, hydro, storage, hybrid renewables, and digital services offerings. In addition, it designs and produces commercial and military aircraft engines, integrated engine components, electric power, and mechanical aircraft systems; and provides aftermarket services. Further, it provides healthcare technologies to developed and emerging markets in medical imaging, digital solutions, patient monitoring and diagnostics, and drug discovery and performance improvement solutions that are the building blocks of precision health to hospitals and medical facilities. Additionally, the company engages in the provision of various financial solutions; and management of run-off insurance operations, which provides life and health insurance and reinsurance products, as well as grid management software. General Electric Company was incorporated in 1892 and is headquartered in Boston, Massachusetts.

Sector: Industrials - Industry: Specialty Industrial Machinery

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities 4.16B -829M -1.05B 5.29B
Total Cashflows From Investing Activities 8.98B 16.67B 21.31B 2.27B
Net Borrowings -13.84B -18.77B -36.87B -2.94B
Total Cash From Financing Activities -16.13B -19.85B -45.18B -5.58B
Change To Operating Activities
Issuance Of Stock
Net Income -4.98B 5.7B -6.52B 225M
Change In Cash 1.53B 531M -20.75B 2.23B
Effect Of Exchange Rate -50M 145M -213M -369M
Total Cash From Operating Activities 8.73B 3.57B 3.33B 5.92B
Depreciation 3.54B 3.46B 3.01B 3.54B
Change To Account Receivables -1.96B 312M 854M -1.55B
Other Cashflows From Financing Activities -1.64B -404M -7.63B -963M
Change To Netincome 9.56B -6.19B 7.75B 751M
Capital Expenditures -2.22B -1.58B -1.25B -1.37B

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development 3.12B 2.56B 2.5B 2.81B
Income Before Tax -55M 5.97B -3.68B 1.41B
Net Income -4.98B 5.7B -6.52B 225M
Selling General Administrative 15.79B 14.08B 13.08B 10.81B
Gross Profit 22.46B 16.01B 18.28B 18.54B
Ebit 3.55B -632M 2.7B 4.91B
Operating Income 3.55B -632M 2.7B 4.91B
Interest Expense -2.93B -2.07B -1.88B -1.61B
Income Tax Expense 552M -487M -286M 476M
Total Revenue 90.22B 75.83B 74.2B 76.56B
Cost Of Revenue 67.76B 59.82B 55.91B 58.02B
Total Other Income ExpenseNet -3.61B 6.6B -6.39B -3.5B
Net Income From Continuing Ops -607M 6.46B -3.4B 936M
Net Income Applicable To Common Shares -5.44B 5.07B -6.77B -60M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 235.32B 219.14B 157.26B 150.21B
Total Stockholder Equity 28.31B 35.55B 40.3B 36.36B
Other Current Liabilities 37.87B 22.33B 24.39B 27.55B
Total Assets 265.18B 256.21B 198.87B 187.79B
Common Stock 702M 702M 15M 15M
Other Current Assets 12.51B 2.8B 1.76B 5.86B
Retained Earnings 87.73B 92.25B 85.11B 84.69B
Treasury Stock -60.12B -57.4B -44.82B -48.35B
Cash 17.61B 36.53B 15.77B 14.16B
Total Current Liabilities 78.86B 54.61B 51.95B 56.95B
Other Stockholder Equity 22.67B 24.56B 36.27B 32.86B
Property, Plant, and Equipment 45.88B 16.7B 15.61B 14.48B
Total Current Assets 103.1B 84.85B 66.35B 66.23B
Net Tangible Assets -9.08B 351M 4.79B 2.94B
Net Receivables 23.96B 21.9B 20.33B 20.81B
Accounts Payable 17.36B 16.46B 16.24B 18.64B


Insider Transactions

Here are the insider transactions of stock shares related to General Electric Company:

Filer Name Transaction Text Ownership Date Filer Relation Shares
STOKES RUSSELLD2023-03-01Officer4.5k
SLATTERY JOHN SD2023-03-01Officer7.72k
STOKES RUSSELLD2022-09-06Officer729
PECRESSE JEROMED2022-09-06Officer365
HOLSTON MICHAEL JD2022-09-02Officer36.17k
SLATTERY JOHN SD2022-09-02Officer5.8k
PECRESSE JEROMESale at price 74.13 per share.D2022-05-11Officer1.44k
REYNOLDS PAULA ROSPUTPurchase at price 77.65 per share.D2022-05-06Director1.2k
CULP HENRY LAWRENCE JR.Purchase at price 72.80 - 75.26 per share.I2022-05-02Chief Executive Officer65k
STRAZIK SCOTTPurchase at price 73.57 - 75.55 per share.D/I2022-05-02Officer3.74k
SLATTERY JOHN SPurchase at price 75.00 per share.D2022-05-02Officer3.6k
TIMKO THOMAS S.D2022-03-18Officer2.44k
HOLSTON MICHAEL JD2022-03-18Officer3.44k
STOKES RUSSELLD2022-03-18Officer4.38k
PECRESSE JEROMED2022-03-18Officer2.5k
STRAZIK SCOTTD2022-03-18Officer2.88k
COX L KEVIND2022-03-18Officer3.75k
TIMKO THOMAS S.D2022-03-02Officer1.99k
HOLSTON MICHAEL JD2022-03-02Officer2.81k
STOKES RUSSELLD2022-03-02Officer3.57k
PECRESSE JEROMED2022-03-02Officer2.65k
STRAZIK SCOTTD2022-03-02Officer3.42k
COX L KEVIND2022-03-02Officer3.06k
DYBECK HAPPE CAROLINAD2022-03-02Officer5.1k
TIMKO THOMAS S.D2022-02-14Officer1.65k
STOKES RUSSELLD2022-02-10Officer1.04k
PECRESSE JEROMED2022-02-10Officer1.3k
STRAZIK SCOTTD2022-02-10Officer651
SEIDMAN LESLIE FPurchase at price 100.59 per share.D2021-11-22Director1k
COX L KEVINStock Gift at price 0.00 per share.I2021-11-17Officer794
REYNOLDS PAULA ROSPUTPurchase at price 7.37 - 107.06 per share.D2021-11-12Director1.05k
PECRESSE JEROMED2021-09-30Officer456
TIMKO THOMAS S.D2021-09-10Officer11.71k
STOKES RUSSELLD2021-09-09Officer521
MURPHY KIERAN PIUSD2021-09-06Officer546
STOKES RUSSELLD2021-09-06Officer728
PECRESSE JEROMED2021-09-06Officer364
MURPHY KIERAN PIUSD2021-07-28Officer10.4k
PECRESSE JEROMED2021-07-28Officer10.4k
STRAZIK SCOTTD2021-07-28Officer10.4k
HOLSTON MICHAEL JD2021-04-23Officer122.04k
TIMKO THOMAS S.D2021-03-19Officer19.5k
HOLSTON MICHAEL JD2021-03-19Officer27.5k
MURPHY KIERAN PIUSD2021-03-19Officer35k
STOKES RUSSELLD2021-03-19Officer35k
PECRESSE JEROMED2021-03-19Officer20k
STRAZIK SCOTTD2021-03-19Officer23k
COX L KEVIND2021-03-19Officer30k
REYNOLDS PAULA ROSPUTPurchase at price 12.50 per share.D2021-03-12Director5k
MURPHY KIERAN PIUSD2021-02-26Officer31.21k
STOKES RUSSELLD2021-02-26Officer40.47k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to General Electric Company. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on General Electric Company

Here is the result of two systematic investment strategies applied to General Electric Company. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on General Electric Company

The following chart shows the equity curve of the two systematic investment strategies applied to General Electric Company:

General Electric Company automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 365.36% on the backtest period.

Performance at glance

Performance

365.36 %

Latent gain

1851.1 €

Invested capital

506.65 €

Annualized return

493.73 %
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Momentum strategy results on General Electric Company

This is the result of two momentum investment strategies applied to General Electric Company. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on General Electric Company

The following chart shows all the entries opened by the momentum investment system on General Electric Company:

General Electric Company momentum entries
  • The first momentum investment strategy would give 562.2% of return on General Electric Company. That represents 5764.9€ of latent gain with 1025.41€ of employed capital.
  • The second momentum investment strategy would give 6.55% of return on General Electric Company. That represents 17.4€ of latent gain with 265.53€ of employed capital.
Performance at glance (1Q Momentum)

Performance

562.2 %

Latent gain

5764.9 €

Invested capital

1025.41 €

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

6.55 %

Latent gain

17.4 €

Invested capital

265.53 €

Annualized return

25.19 %

Momentum equity curve on General Electric Company

The following chart shows the equity curve of the two momentum strategies applied to General Electric Company:

General Electric Company momentum equity

Note: the dividends potentially given by General Electric Company are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on General Electric Company

The following chart shows the employed capital evolution of the two momentum strategies on General Electric Company since the beginning:

General Electric Company

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250€, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000€.


Buy the dip strategy result on General Electric Company

Buy the dip entry openings on General Electric Company

General Electric Company

The performance achieved by the robo-advisor on General Electric Company is 0%. That represents 0.0$ of latent gain with 0.0€ of employed capital. The following chart shows General Electric Company stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of General Electric Company, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 €

Invested capital

0.0 €

Annualized return

-0.0 %

Equity curve of the strategy applied to General Electric Company

The following chart shows the result of the investment strategy applied to General Electric Company:

General Electric Company

Note: the dividends potentially given by General Electric Company are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on General Electric Company

The following chart shows the employed capital evolution since the beginning of the investment strategy on General Electric Company:

General Electric Company

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on General Electric Company

In this section, I will compare the three previous investment strategies applied to General Electric Company.

Equity curve comparison on General Electric Company

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

General Electric Company investment strategy comparison

Employed capital comparison on General Electric Company

General Electric Company investment comparison

Performance comparison on General Electric Company

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 365.36% 1851.1€ 506.65€ 493.73%
Momentum 1 quarter 562.2% 5764.9€ 1025.41€ 1124.4%
Momentum 2 quarters 6.55% 17.4€ 265.53€ 25.19%
Non-directional 0% 0.0€ 0.0€ -0.0%
Annualized return comparison

Automatic investment

493.73 %

Momentum 1Q

25.19 %

Momentum 2Q

25.19 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with General Electric Company:

Positive correlations

Most correlated stocks this year

  • General Electric Company

  • Most correlated stocks last 3 months

  • General Electric Company
  • HENGAN INTL
  • IT Link SA
  • Lyxor MSCI Greece UCITS ETF Dist

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between General Electric Company and the other stocks. There may be false positives or some missing correlated stocks. If the price of General Electric Company does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name General Electric Company
    Country United States
    City Boston
    Address 5 Necco Street
    Phone 617 443 3000
    Website www.ge.com
    FullTime employees 172000
    Industry Specialty Industrial Machinery
    Sector Industrials
    Exchange XPAR
    Ticker GNE.XPAR
    Market www.euronext.com

    General Electric Company ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 14.1
    Peer Environment Performance 15.244375
    Environment Percentile unknown
    Palm Oil no
    Nuclear no
    Fur Leather no
    GMO no
    Coal no
    Pesticides no
    Animal Testing yes

    Social scores

    Social ESG Factors Scores
    Social Score 15.0
    Peer Social Performance 13.2296875
    Social Percentile unknown
    Highest Controversy 3
    Peer Highest Controversy Performance 2.0588235294118
    Adult no
    Gambling no
    Alcoholic no
    Tobacco no
    Catholic yes
    Controversial Weapons no
    Small Arms no
    Military Contract yes
    Peer Count yes

    Related Controversy: Customer IncidentsSociety & Community IncidentsBusiness Ethics Incidents


    Governance scores

    Governance ESG Factors Scores
    Governance Score 11.6
    Peer Governance Performance 9.7421875
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: 40.7
    Environment Score: 14.1
    Social Score: 15.0
    Governance Score: 11.6

    ESG Performance: LEAD_PERF

    Peer Group: Industrial Conglomerates

    Peer Esg Score Performance: 38.665882352941

    Rating Year: 2022

    Rating Month: 8

    Max Age: 86400

    Percentile: 90