← GENERAL ELECTRIC CO

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $110.4b
$113.2b +2.54%
$113.5b +0.31%
$95.2b -16.14%
$79.6b -16.38%
$74.2b -6.81%
$76.6b +3.18%
$68.0b -11.24%
$38.7b -43.05%
$45.9b +18.48%
$50.6b +10.43%
Insurance Services Revenue — — — $2.8b $2.9b $3.1b $3.0b $3.4b $3.6b $3.5b —
Cost of Revenue $62.4b
$64.3b +3.02%
$92.7b +44.06%
$70.0b -24.43%
$60.4b -13.72%
$53.9b -10.80%
$55.5b +3.04%
$50.4b -9.26%
$24.3b -51.76%
$29.0b +19.17%
$34.9b +20.54%
Cost of sales $87.7b
$90.9b +3.69%
$92.7b +1.97%
$70.0b -24.43%
$60.4b -13.72%
$53.9b -10.80%
$55.5b +3.04%
$50.4b -9.26%
$24.3b -51.76%
$29.0b +19.17%
$34.9b +20.54%
Gross Profit (Calculated) $61.3b
$57.8b -5.70%
$20.9b -63.87%
$25.2b +20.66%
$19.2b -23.77%
$20.3b +5.74%
$21.0b +3.55%
$17.6b -16.45%
$14.4b -18.04%
$16.9b +17.32%
—
Research and Development Expense $5.5b — $4.9b $3.1b $2.6b $2.5b $2.8b $1.9b $1.3b $1.6b $1.8b
Selling, General and Administrative Expense $18.4b $18.3b $18.1b $13.9b $12.6b $11.7b $12.8b $9.2b $4.4b $4.1b $4.5b
Amortization of Intangible Assets — — $2.7b $1.6b $1.4b $1.1b $1.7b $606.0m $350.0m $357.0m —
Operating Lease, Lease Income — — — $3.8b $3.3b — — — — — —
Restructuring and Related Cost, Incurred Cost — — — — $0 $0 $973.0m $978.0m $492.0m $202.0m —
Investment Income, Interest — — — $143.0m $146.0m $167.0m $162.0m $156.0m $132.0m $144.0m —
Investment Income, Net — — — — — $2.3b $456.0m $739.0m $813.0m $946.0m —
Debt Securities, Realized Gain (Loss) — — — — — $69.0m $34.0m $52.0m — — —
Equity Securities, FV-NI, Realized Gain (Loss) — — — — ($2.1b) — — — — — —
Income (Loss) from Equity Method Investments $0 $0 $0 $0 $104.0m $215.0m $386.0m $413.0m $456.0m $892.0m —
Non-operating benefit cost (income) — — — — $2.4b $1.8b ($532.0m) ($1.6b) ($842.0m) ($788.0m) —
Nonoperating Income (Expense) $4.0b $1.6b $2.3b $2.2b $11.4b $2.8b $1.2b $7.1b $2.3b $1.5b —
Other Income $4.0b $1.6b $2.3b $2.2b $11.4b $2.8b $1.2b $7.1b $2.3b $1.5b —
Income (Loss) from Continuing Operations before Income Taxes, Domestic $2.1b ($17.2b) ($10.2b) $506.0m ($5.3b) ($3.0b) ($238.0m) $7.0b $4.8b $6.7b $10.4b
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $9.0b ($8.8b) ($20.1b) $1.1b $5.2b ($3.7b) $1.4b $10.2b $7.6b $10.0b $10.4b
Benefit (provision) for income taxes (Note 15) $464.0m $3.0b ($583.0m) ($726.0m) $474.0m $286.0m ($476.0m) ($1.2b) ($962.0m) ($1.4b) —
Current Income Tax Expense (Benefit) ($1.3b) $1.8b $3.0b $1.8b $2.5b — — — — — $1.4b
Net income (loss) from continuing operations $9.5b ($5.7b) ($20.7b) $423.0m $5.7b ($3.4b) $936.0m $9.0b $6.7b $8.6b $9.0b
Net income (loss) from continuing operations attributable to the Company $9.1b ($5.9b) ($21.1b) $416.0m $5.8b ($3.3b) $869.0m $9.1b $6.7b $8.6b $9.0b
Net Income (Loss) Attributable to Parent $8.8b
($5.8b) -165.52%
($22.4b) -286.36%
($5.0b) +77.73%
$5.7b +214.56%
($6.5b) -214.31%
$225.0m +103.45%
$9.5b +4113.78%
$6.6b -30.85%
$8.7b +32.76%
$9.0b +3.07%
Net Income (Loss) Available to Common Stockholders, Basic $8.2b
($6.2b) -176.10%
($22.8b) -266.47%
($5.4b) +76.15%
$5.2b +196.16%
($6.8b) -229.20%
($64.0m) +99.05%
$9.2b +14453.12%
$6.6b -28.63%
$8.7b +32.76%
$9.0b +3.07%
Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic $8.5b ($6.1b) ($22.4b) ($44.0m) $5.4b ($6.6b) $292.0m $9.4b $6.6b $8.7b $9.0b
Less net income (loss) attributable to noncontrolling interests ($291.0m) ($270.0m) ($89.0m) $66.0m ($158.0m) ($71.0m) $67.0m ($37.0m) $11.0m ($6.0m) —
Less net income (loss) attributable to noncontrolling interests, continuing operations ($290.0m) ($277.0m) ($89.0m) $7.0m ($158.0m) ($71.0m) $67.0m ($38.0m) ($13.0m) ($6.0m) —
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest — ($17.0m) $203.0m $33.0m ($33.0m) — — — — — $9.0b
Noncontrolling Interest in Net Income (Loss) Other Noncontrolling Interests, Redeemable $49.0m $337.0m ($3.1b) — — — — — — — —
Preferred Stock Dividends and Other Adjustments — — — — — — — $295.0m $0 $0 —
Preferred Stock Dividends, Income Statement Impact $656.0m $436.0m $447.0m $460.0m $474.0m $237.0m $289.0m — — — —
Preferred stock dividends and other — — — — — ($237.0m) ($289.0m) ($295.0m) $0 $0 —
Earnings Per Share, Basic $4.31 ($3.45) ($12.56) ($3.09) $2.89 ($3.84) ($0.04) $6.74 $6.04 $8.20 $8.54
Earnings Per Share, Diluted $4.27 ($3.45) ($12.56) ($3.09) $2.89 ($3.84) ($0.03) $6.67 $5.99 $8.14 $8.48
Income (Loss) from Continuing Operations, Per Basic Share $1 ($1) ($2) ($0) $1 ($3) $1 $8 $6 $8 —
Income (Loss) from Continuing Operations, Per Diluted Share $1 ($1) ($2) ($0) $1 ($3) $1 $8 $6 $8 —
Common Stock, Dividends, Per Share, Declared $4.46 $4.03 $1.77 $0.20 $0.20 $0.20 $0.20 $0.26 $1.12 $1.44 —
Weighted Average Number of Shares Outstanding, Basic 1.9b 1.8b 1.8b 1.8b 1.8b 1.8b 1.8b 1.4b 1.1b 1.1b 1.0b
Weighted Average Number of Shares Outstanding, Diluted 1.9b 1.8b 1.8b 1.8b 1.8b 1.8b 1.8b 1.4b 1.1b 1.1b 1.1b
Additional Financial Items
Business Combination, Acquisition Related Costs — $373.0m — — — — — — — — —
Costs and Expenses $114.7b $130.9b $144.0b $96.3b $85.8b $80.7b $76.4b $64.9b $33.3b $37.3b —
Environmental Remediation Expense — — — $236.0m $247.0m $193.0m $231.0m $260.0m $175.0m $190.0m —
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount — — — — — $46.0m ($11.0m) $69.0m $159.0m $194.0m —
Goodwill impairments (Note 7) $0 $2.5b $22.1b $1.5b $1.7b $0 $0 $0 $251.0m $0 —
Goodwill, Impairment Loss $0 $2.5b $22.1b $1.5b $1.7b $0 $0 $0 $251.0m $0 $0
Income (Loss) Attributable to Parent, before Tax $9.8b ($5.5b) ($20.6b) — — — — — — — —
Income (loss) from discontinued operations, net of taxes (Note 2) ($954.0m) ($309.0m) ($1.7b) ($5.3b) ($125.0m) ($3.2b) ($644.0m) $414.0m ($91.0m) $103.0m —
Insurance losses, annuity benefits and other costs (Note 12) — — — — $2.5b $2.4b $2.7b $2.9b $2.4b $2.4b —
Interest and other financial charges $5.0b $4.9b $5.1b $4.2b $3.3b $1.9b $1.6b $1.1b $986.0m $843.0m —
Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims — $2.0b $2.1b $1.9b $1.8b $1.7b $1.5b — — — —
Other Cost and Expense, Operating $982.0m $3.6b $464.0m $458.0m $384.0m $136.0m — — — — —
Separation costs — — — — $0 $0 $973.0m $978.0m $492.0m $202.0m —
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax $298.0m — — $339.0m ($93.0m) — — — — — —
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $9.1b ($5.9b) ($21.1b) $416.0m $5.8b ($3.3b) $869.0m $9.1b $6.7b $8.6b —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $9.5b ($5.7b) ($20.7b) $423.0m $5.7b ($3.4b) $936.0m $9.0b $6.7b $8.6b —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent ($954.0m) ($315.0m) ($1.7b) ($5.4b) ($125.0m) ($3.2b) ($644.0m) $414.0m — — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest ($954.0m) ($309.0m) ($1.7b) ($5.3b) ($125.0m) ($3.2b) ($644.0m) $414.0m ($91.0m) $103.0m —

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.