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GENERAL ELECTRIC CO Gross Profit 2007-2024 | GE

Annual FY2007–FY2020 · quarterly through Q4 FY2024

Latest annual · FY2020

$15.41B

−33.9%YoY vs FY2019Source: 10-KFY2020

From $122.66B in FY2007 to $15.41B in FY2020: 0.1× in 13 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY24$3.2B+13.0%$3.5B+15.0%$3.6B+9.2%$4.1B+26.6%
FY23$2.8B−2.2%$3.1B−15.0%$3.3B+12.7%$3.2B−27.1%
FY22$2.9B−36.0%$3.6B−22.3%$2.9B−43.2%$4.4B−26.4%
FY21$4.5B−8.5%$4.6B+45.8%$5.2B+13.2%$6.0B+13.3%
FY20$5.0B−17.4%$3.2B−47.1%$4.6B−24.3%$5.3B−0.4%
Share24%25%25%26%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionDeclining
CAGR

−23.1%

FY2015
$57.48B
FY2020
$15.41B

5 years selected · on the chart

Gross Profit History

Year-over-year comparison from 10-K annual reports

  1. $15.41B
YoY changeLargest recent move−43.0%in FY11Latest −33.9%

Gross Profit, period by period

PeriodValueChangeSource
FY2020$15.41B−33.9%10-K
FY2019$23.31B−3.7%10-K
FY2018$24.19B−30.8%10-K
FY2017$34.95B−38.7%10-K
FY2016$57.03B−0.8%10-K
FY2015$57.48B+2.8%10-K
FY2014$55.93B+1.0%10-K
FY2013$55.38B−0.8%10-K
FY2012$55.80B−4.8%10-K
FY2011$58.61B−43.0%10-K
FY2010$102.88B−0.9%10-K
FY2009$103.82B−17.1%10-K
FY2008$125.17B+2.0%10-K
FY2007$122.66B—10-K

What is gross profit?

Gross profit can be defined as revenue minus the cost of goods sold, representing the profit a company makes before deducting operating expenses.

What is GENERAL ELECTRIC CO's current gross profit?

GENERAL ELECTRIC CO (GE) annual gross profit for 2020 was $15.41B, a 33.88% decline from 2019. GENERAL ELECTRIC CO gross profit for the quarter ending December 31, 2024 was $4.05B.

What was GENERAL ELECTRIC CO's gross profit in 2019?

GENERAL ELECTRIC CO annual gross profit for 2019 was $23.31B, a 3.65% decline from 2018.

What was GENERAL ELECTRIC CO's gross profit in 2018?

GENERAL ELECTRIC CO annual gross profit for 2018 was $24.19B, a 30.78% decline from 2017.

What is GENERAL ELECTRIC CO's 5-year gross profit CAGR?

GENERAL ELECTRIC CO gross profit grew at a compound annual growth rate (CAGR) of 23.15% from FY2015 to FY2020, going from $57.48B to $15.41B over 5 years.

Company
GENERAL ELECTRIC CO
Ticker
GE
Sector
Technology
Industry
Electronic & Other Electrical Equipment (No Computer Equip)