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General Electric Company  (GE)
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General Electric's Net Profit Margin by quarter

Trends, Rankings, Statistics



GE Net Profit Margin (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Revenue Change -10.84 % -9.11 % -10.44 % -14.99 % 6.95 %
Seq. Revenue Change 11.97 % 3.87 % 15.28 % -33.5 % 14.15 %
Revenue In Millions $19,423.00 $17,346.00 $16,699.00 $14,486.00 $21,785.00
Net Profit Margin 8.19 % 1.93 % 0.23 % 51.62 % 10.27 %
Net Profit Margin Total Ranking # 1097 # 2237 # 2501 # 180 # 1656
Net Income In Millions $1,591.00 $335.00 $39.00 $7,478.00 $2,237.00
Y / Y Net Income Change -28.88 % - - - -
Seq. Net Income Change 374.93 % 758.97 % -99.48 % 234.29 % -


Commenting fourth Quarter 2023 Net Profit Margin
General Electric Company Net Income grew by 374.93 % in IV. Quarter sequentially to 1,591 millions, while Revenue increased by 11.97 %, this led to improvement in the company's Net Profit Margin to 8.19 %, Net Profit Margin remained below General Electric Company average.

Observing fourth quarter 2023 results within Electric & Wiring Equipment industry 3 other companies have achieved higher Net Profit Margin. While Net Profit Margin total ranking has impoved so far to 1097, from total ranking in previous quarter at 2237.
Net Margin Formula
GE's Net Profit Margin fourth quarter 2023 Company Ranking
Within: No.
Electric & Wiring Equipment Industry # 4
Consumer Discretionary Sector # 34
Overall # 1096

Net Profit Margin Statistics
High Average Low
51.62 % 10.12 % 0.23 %
(Mar 31 2023)   (Jun 30 2023)




Other Net Profit Margin Profitability Ratios
GE's Cumulative Net Profit Margin
Electric & Wiring Equipment Industry Net Profit Margin Trends and Statistics
Consumer Discretionary Sector Net Profit Margin Statistics
Net Profit Margin Profitability Trends for overall market
GE's Net Profit Margin Profitability versus Electric & Wiring Equipment Industry, Consumer Discretionary Sector and total Market
Highest Ranking Net Profit Margin
Lowest Ranking Net Profit Margin
Net Profit Margin Profit Margin for GE's Competitors
Net Profit Margin Profit Margin for General Electric's Suppliers
Net Profit Margin Profit Margin for GE's Customers

You may also want to know
GE's Annual Growth Rates GE's Profitability Ratios GE's Asset Turnover Ratio GE's Dividend Growth
GE's Roe GE's Valuation Ratios GE's Financial Strength Ratios GE's Net Income Growth
GE's Roa GE's Inventory Turnover Ratio GE's Growth Rates GE's Dividend Comparisons


Companies with similar Net Profit Margin in the quarter ending Dec 31 2023, within Electric & Wiring Equipment Industry Net Profit MarginDec 31 2023 MRQ Net IncomeDec 31 2023 MRQ Revenue
Acuity Brands Inc   10.77 %$ 100.600 $ 934.400 
Otis Worldwide Corporation  9.50 %$ 344.000 $ 3,620.000 
Bel Fuse Inc  8.63 %$ 12.036 $ 139.503 
General Electric Company  8.19 %$ 1,591.000 $ 19,423.000 
Lsi Industries Inc   5.44 %$ 5.906 $ 108.536 
Graybar Electric Company Inc   3.56 %$ 96.900 $ 2,725.200 
Emerson Electric Co   3.23 %$ 132.000 $ 4,086.000 
Wesco International Inc   2.60 %$ 142.500 $ 5,473.400 




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