GE Aerospace
GEFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
38,702
Cost of Revenue
24,308
Gross Profit
14,394
Gross Margin
37.2%
Operating Income
6,761
Operating Margin
17.5%
Net Income
6,556
Net Margin
16.9%
EPS (Basic)
$6.04
EPS (Diluted)
$5.99
EBITDA
9,790
EBITDA Margin
25.3%
2023
12/31/2023
Revenue
35,348
Cost of Revenue
22,939
Gross Profit
12,409
Gross Margin
35.1%
Operating Income
4,717
Operating Margin
13.3%
Net Income
9,482
Net Margin
26.8%
EPS (Basic)
$8.44
EPS (Diluted)
$8.36
EBITDA
12,649
EBITDA Margin
35.8%
2022
12/31/2022
Revenue
29,139
Cost of Revenue
18,987
Gross Profit
10,152
Gross Margin
34.8%
Operating Income
3,596
Operating Margin
12.3%
Net Income
336
Net Margin
1.2%
EPS (Basic)
$0.04
EPS (Diluted)
$0.04
EBITDA
4,045
EBITDA Margin
13.9%
2021
12/31/2021
Revenue
56,469
Cost of Revenue
43,378
Gross Profit
13,091
Gross Margin
23.2%
Operating Income
1,058
Operating Margin
1.9%
Net Income
-6,337
Net Margin
-11.2%
EPS (Basic)
$-6.16
EPS (Diluted)
$-6.16
EBITDA
-1,545
EBITDA Margin
-2.7%
2020
12/31/2020
Revenue
75,834
Cost of Revenue
57,871
Gross Profit
17,963
Gross Margin
23.7%
Operating Income
409
Operating Margin
0.5%
Net Income
5,704
Net Margin
7.5%
EPS (Basic)
$4.67
EPS (Diluted)
$4.67
EBITDA
12,949
EBITDA Margin
17.1%