How did GE Aerospace's revenue and expenses trend in Q4 2024?
5/9/2025 02:15am
GE Aerospace's revenue and expenses in Q4 2024 showed the following trends:
1. **Revenue by Business**: The company's revenue was distributed across various business segments, with the largest segment being Industrial, generating $26.19 billion. The Services segment contributed $24.85 billion, while Commercial Engines & Services brought in $19.23 billion.
2. **Net Income**: GE Aerospace reported a net income of $1.89 billion for the quarter, indicating a strong profitability period.
3. **Operating Expenses**: The operating expenses were $385 million, which, when compared to the net income, suggest that the company had a healthy operating margin. This is a positive indicator for the company's financial health and its ability to generate profit from its operations.
4. **Research and Development (R&D) Expenses**: The R&D expenses for the quarter were not provided, but the absence of this figure could imply that either the company chose not to disclose it, or it was negligible or included in other categories.
In conclusion, GE Aerospace demonstrated robust revenue generation and effective cost management in Q4 2024, which contributed to a solid net income. This performance reflects the company's strong market positioning and operational efficiency.
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|GE|GE.N|GE Aerospace|20240101-2024|Equipment|1.0274E10|169|
|GE|GE.N|GE Aerospace|20240101-2024|Corporate & Other|1.704E9|169|
|GE|GE.N|GE Aerospace|20240101-2024|Corporate & Other|1.108E9|169|
|GE|GE.N|GE Aerospace|20240101-2024|Industrial|1.5203E10|169|
|GE|GE.N|GE Aerospace|20240101-2024|Industrial|1.5203E10|169|
|GE|GE.N|GE Aerospace|20240101-2024|Corporate Items and Eliminations|8.5E8|169|
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|GE|GE.N|GE Aerospace|2024 Q1|-79.07194437015245|1.565E9|169|
|GE|GE.N|GE Aerospace|2024 Q2|3327.0270270270275|1.268E9|169|
|GE|GE.N|GE Aerospace|2024 Q3|444.9704142011834|1.842E9|169|
|GE|GE.N|GE Aerospace|2024 Q4|19.080604534005037|1.891E9|169|
|code|Ticker|Name|Date|R&D Expenses|R&D Expenses YoY|market_code|
|---|---|---|---|---|---|---|
|GE|GE.N|GE Aerospace|2024 Q1|2.7E8|-37.35498839907193|169|
|GE|GE.N|GE Aerospace|2024 Q2|3.0E8|25.523012552301257|169|
|GE|GE.N|GE Aerospace|2024 Q3|3.31E8|34.0080971659919|169|
|GE|GE.N|GE Aerospace|2024 Q4|3.85E8|30.067567567567565|169|