How did GE Aerospace's revenue trends shift in Q4 2024?
3/30/2025 01:37pm
**GE Aerospace's revenue trends in Q4 2024 showed a notable increase**, reflecting robust growth across its aerospace and defense segments.
1. **Significant Year-Over-Year Growth**: The company's total revenue for Q4 2024 was $10.81 billion. This represents a substantial increase from the previous year, indicating a strong performance in the final quarter of 2024.
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|GE|GE.N|GE Aerospace|2024 Q1|10.817340880850477|1.6053E10|169|
|GE|GE.N|GE Aerospace|2024 Q2|3.872073101085094|9.094E9|169|
|GE|GE.N|GE Aerospace|2024 Q3|5.805203182111374|9.842E9|169|
|GE|GE.N|GE Aerospace|2024 Q4|14.340101522842641|1.0812E10|169|
2. **Surpassing Analyst Estimates**: In the preceding quarter (Q3 2024), GE Aerospace's revenue had already surpassed analyst estimates, with reported revenue of $9.8 billion, a 6% year-over-year increase. This positive momentum carried over to Q4 2024, further highlighting the company's ability to exceed expectations.
3. **Market and Operational Factors**: The growth in revenue can be attributed to robust demand in both services and equipment sectors, as well as strategic partnerships with major airlines. Additionally, the company's focus on aftermarket services and strong cash generation capabilities have contributed to its financial success.
4. **Full-Year Forecast Adjustments**: GE Aerospace had previously raised its full-year profit forecast, adjusting it for the third time in 2024, driven by strong demand for aftermarket services. This upward revision reflects confidence in its financial performance and operational efficiency.
In summary, GE Aerospace's revenue trends in Q4 2024 demonstrate a clear upward trajectory, driven by operational excellence, market demand, and strategic initiatives.