Analysis for GE

📈 Growth & Financial Trajectory

Over the eight most recent quarters (2026 Q1 back to 2024 Q2), GE's revenues declined from about $12.39B to about $9.84B, a drop of roughly 20%. Net income hovered around the $2.0B level, ending near $1.84B in 2024 Q2 vs $1.92B at 2026 Q1, a slight downshift despite quarterly volatility. The path shows a mid-2025 peak followed by a reset, with no clear upward trend.

💰 Margins & Cash Flow

Gross profit ranged roughly 3.5–3.7B on 9–12B revenues, yielding a Gross Margin in the mid-30s to high-30s percent and relatively stable margins. Operating income was typically around $1.8–2.3B, signaling modest operating leverage. Cash flow: quarterly Net Cash Flow From Operating Activities generally around $1.5–2.3B, with investing/financing swings leading to occasional negative totals; several quarters posted positive continuing cash flow.

🛡️ Balance Sheet & Liquidity

Total assets near $125–130B, liabilities around $105–111B, and equity around $18–20B. The balance sheet shows meaningful leverage but substantial asset backing. Current assets vs current liabilities provide a modest liquidity cushion (current ratio ~1.1–1.3). Long‑term debt remains roughly $20B.

⚠️ Key Drivers & Risks

• Drivers: Global industrial demand for GE equipment/services; ongoing portfolio optimization and cost discipline.
• Risks: Cyclical industrial exposure and macro volatility; interest-rate sensitivity given leverage.