General Electric Company (NYSE: GE)
Aerospace & Defense · Evendale, OH, United States · Founded 1892
- Market capitalization: $200.0 billion
- Annual revenue: $42.73 billion
- Net income: $7.23 billion
- Employees: 55,000
- Sector: Industrials
- Headquarters: Evendale, United States
- Founded: 1892
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GE completed one of the most dramatic corporate breakups in history, splitting into three companies: GE Aerospace (the remaining public entity), GE Vernova (energy), and GE HealthCare. GE Aerospace generates about $68 billion in revenue, making jet engines (LEAP, GE9X, GEnx) that power the majority of the world's commercial aircraft. The company also has a significant defense and services business. CEO Larry Culp orchestrated the transformation.
Jet engine sales are important, but the real money is in aftermarket services — maintenance, spare parts, and overhauls for the massive installed base of GE engines. Services generate higher margins and more predictable revenue than new engine sales. The LEAP engine (a joint venture with Safran) powers the Boeing 737 MAX and Airbus A320neo — the two best-selling aircraft in history.
Thomas Edison founded GE's predecessor in 1892. Under Jack Welch (CEO 1981-2001), GE became the most valuable company in the world but also accumulated the financial complexity that nearly destroyed it. Jeff Immelt's tenure (2001-2017) saw the company's decline accelerate. Larry Culp, the first outsider CEO, took over in 2018 and executed the three-way breakup completed in 2024.
| Market Capitalization | $200.0B |
| Annual Revenue | $42.73B |
| Net Income | $7.23B |
| Profit Margin | 17% |
| Revenue per Employee | $776909K |
| Stock Exchange | NYSE |
| Ticker Symbol | GE |
Financial data is approximate and based on most recent annual filings.
GE was an original component of the Dow Jones Industrial Average in 1896 and was removed in 2018 — a symbolic fall from grace. At its peak in 2000, GE was worth over $600 billion. GE Capital, once the company's profit engine, nearly brought the entire company down during the 2008 financial crisis and required a $3 billion investment from Warren Buffett.
GE Aerospace is a fantastic standalone business — the installed base of engines guarantees decades of high-margin service revenue. Culp's breakup was the right call, and the stock's performance since proves it.
What is General Electric Company's revenue?
General Electric Company generates approximately $42.73 billion in annual revenue.
How many employees does General Electric Company have?
General Electric Company employs approximately 55,000 people worldwide.
What is General Electric Company's market cap?
General Electric Company (GE) has a market capitalization of approximately $200.0 billion on the NYSE.
When was General Electric Company founded?
General Electric Company was founded in 1892 and is headquartered in Evendale, OH, United States.
Who is the CEO of General Electric Company?
Larry Culp is the current CEO of General Electric Company.
What is General Electric Company's website?
General Electric Company's official website is ge.com.
| CEO | Larry Culp |
| Sector | Industrials |
| Industry | Aerospace & Defense |
| Founded | 1892 |
| HQ | Evendale, OH |
| Country | United States |
| Website | ge.com |
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