GENERAL ELECTRIC COGE
GENERAL ELECTRIC CO Financial Overview 2021–2025
GE Aerospace ended FY2025 with a massive $190.6 billion Remaining Performance Obligation (RPO), a backlog nearly four times its annual revenue that secures long-term cash flow visibility. This figure confirms the success of the company’s strategic transformation from a sprawling conglomerate into a specialized aviation leader with high pricing power. Financial discipline has fundamentally reshaped the bottom line, as net income attributable to common shareholders swung from a $6.7 billion loss in FY2021 to an $8.6 billion profit in FY2025.
Operational momentum accelerated significantly in the final reporting year, with total revenue surging 18% to $45.9 billion. The core Commercial Engines & Services segment led this charge, delivering 24% growth largely due to robust aftermarket demand and increased engine deliveries. This efficiency fueled $7.7 billion in Free Cash Flow for FY2025, allowing management to aggressively return capital by repurchasing $7.4 billion of common stock during the year. The market rewarded this execution with a premium valuation, pushing the stock to $308.03 per share—a market capitalization of $323.1 billion—trading at 37.8x earnings at the close of FY2025.
Recent Developments (Q3 and Q4 2025)
Momentum peaked in Q3 2025, where total revenue climbed 24% to $12.18 billion, driven by higher shop visit volumes and pricing improvements. While commercial engines led headline figures, the Defense & Propulsion Technologies unit solidified its trajectory with 11% annual growth to $10.6 billion. Profitability metrics expanded rapidly ahead of year-end, highlighted by a 35% surge in Commercial Engines & Services segment profit during the third quarter and credit rating upgrades from both Moody's and S&P.
Leadership adjustments accompanied these gains, with Mohamed Ali appointed CEO of Commercial Engines and Services effective February 1, 2026, tasked with integrating lifecycle management following Russell Stokes’ retirement. Bulls highlight the 44% jump in Q3 2025 adjusted EPS as evidence of operational leverage, while bears caution that a 36.7x P/E ratio as of January 28, 2026, leaves little margin for error regarding lingering supply chain constraints or inflation pressures.
What to watch: Operational integration under new segment leadership; development milestones for the RISE technology program.
Rev
$45.85B
FY2025
NI
$8.70B
FY2025
EPS
$8.20
FY2025
OCF
$8.54B
FY2025
Year-over-year comparison from 10-K annual reports
Data from SEC Company Facts
Recent SEC Filings
GENERAL ELECTRIC CO 8-K Report, Financial Results (Jan 22, 2026)
General Electric Company, now operating as GE Aerospace, has filed an 8-K to report its fourth-quarter and full-year 2025 financial results. The company released this information on its investor relations website on January 22, 2026. Investors seeking detailed financial performance, operational metrics, and forward-looking guidance should refer to the earnings release attached as Exhibit 99 to this filing. This 8-K serves primarily as a notification of the earnings release, with the actual financial details contained within the attached document. The company emphasizes that this information is furnished and not deemed "filed" for certain regulatory purposes. Therefore, the primary source for understanding GE Aerospace's financial condition and results of operations for the period ending December 31, 2025, is the exhibit itself.
GENERAL ELECTRIC CO 8-K Report, Executive Changes (Jan 15, 2026)
General Electric Company, operating as GE Aerospace, announced a significant leadership transition within its Commercial Engines and Services (CES) division. Effective February 1, 2026, Mohamed Ali will assume the role of President and CEO, Commercial Engines and Services, succeeding Russell Stokes. Mr. Ali's previous role as Chief Technology and Operations Officer positions him well for this expanded responsibility, which will now encompass the entire commercial engine lifecycle from safety and quality to aftermarket services. This move signals a strategic consolidation of CES operations under a new leader focused on integrated management of the business segment. Russell Stokes, the outgoing President and CEO of CES, will transition to an advisory role to facilitate a smooth handover before his retirement on July 31, 2026. His departure is accompanied by a separation agreement that includes continued salary, a prorated 2026 bonus, accelerated vesting of certain unvested equity awards from 2024, and eligibility for retirement pension benefits given his extensive 29 years of service. The agreement also includes standard covenants such as non-competition and non-solicitation, reflecting a structured exit for a long-serving executive.
GENERAL ELECTRIC CO 8-K Report, Financial Results (Oct 21, 2025)
General Electric Company, now operating as GE Aerospace, has filed a Form 8-K to report its third-quarter 2025 financial results. The company announced these results on October 21, 2025, and made the detailed earnings release available on its investor relations website. This filing serves to inform investors about the company's performance during the recently concluded quarter. Investors should refer to the earnings release (Exhibit 99) for comprehensive details on GE Aerospace's operational and financial condition for the third quarter of 2025. While this 8-K filing itself is procedural, the attached financial results are crucial for assessing the company's current trajectory, profitability, and any significant business developments that may impact shareholder value.
GENERAL ELECTRIC CO 8-K Report, Executive Changes (Oct 1, 2025)
GENERAL ELECTRIC CO (GE) announced a change in its Board of Directors composition. Effective December 1, 2025, Wesley G. Bush will join the Board and will also serve on the Audit Committee. Mr. Bush has been determined to be an independent director. This appointment comes as current director Stephen Angel plans to resign from the Board on December 4, 2025, due to his new role as CEO of CSX Corp. In addition to Mr. Bush's appointment, leadership changes on two key Board committees are effective following Mr. Angel's departure. Catherine Lesjak will assume the role of Chair of the Management Development & Compensation Committee, and Thomas Horton will become Chair of the Governance & Public Affairs Committee. These adjustments ensure continued governance oversight as the Board size temporarily expands and then contracts.
GENERAL ELECTRIC CO 8-K Report, Corporate Update (Jul 29, 2025)
General Electric Company (GE), operating as GE Aerospace, has successfully closed a significant public offering of debt, raising a total of $2 billion. The offering comprised $1 billion in 4.300% Notes due 2030 and $1 billion in 4.900% Notes due 2036. These new notes were issued under an established indenture agreement, as supplemented by recent company orders and officer's certificates. This move indicates GE Aerospace's strategy to secure long-term financing, potentially to fund operations, strategic initiatives, or refinance existing debt. Investors should note the specific coupon rates and maturity dates, which provide insight into the company's cost of capital and future financial obligations.
View all 8-K filings →