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General Electric Company (GE) |
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GE's Net Income Growth by Quarter and Year
General Electric's Net Income results by quarter and year
Select the Comparisons :
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Select the Ratio:
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GE Net Income (in millions $) |
FY 2023 |
FY 2022 |
FY 2021 |
FY 2020 |
IV Quarter |
December |
1,591.00
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2,237.00
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-3,842.00
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2,640.00
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III Quarter |
September |
335.00
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-160.00
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1,184.00
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-1,195.00
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II Quarter |
June |
39.00
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-771.00
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-1,135.00
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-2,132.00
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I Quarter |
March |
7,478.00
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-1,014.00
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-2,798.00
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6,233.00
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FY |
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9,443.00
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292.00
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-6,591.00
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5,546.00
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GE Net Income fourth quarter 2023 Y/Y Growth Comment |
General Electric Company reported fall in Net Income in the fourth quarter 2023 by -28.88% to $ 1,591.00 millions, from the same quarter in 2022. The drop in the fourth quarter 2023 General Electric Company's Net Income compares unfavorably to the Company's average Net Income increase of 16.15%.
Looking into fourth quarter 2023 results within Electric & Wiring Equipment industry 3 other companies have achieved higher Net Income growth. While General Electric Company' s Net Income drop of -28.88% ranks overall at the positon no. 942 in the fourth quarter 2023.
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GE Net Income ( Y/Y Growth %) |
2023
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2022 |
2021 |
2020 |
IV Quarter |
December |
-28.88 % |
- |
- |
265.65 % |
III Quarter |
September |
- |
- |
- |
- |
II Quarter |
June |
- |
- |
- |
- |
I Quarter |
March |
- |
- |
- |
71 % |
FY |
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3133.9 % |
- |
- |
- |
GE Net Income (Quarter on Quarter Growth %) |
2023
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2022 |
2021 |
2020 |
IV Quarter |
December |
374.93 % |
- |
- |
- |
III Quarter |
September |
758.97 % |
- |
- |
- |
II Quarter |
June |
-99.48 % |
- |
- |
- |
I Quarter |
March |
234.29 % |
- |
- |
763.3 % |
FY (Year on Year) |
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3133.9 % |
- |
- |
- |
Net Income Y/Y Growth Statistics |
High |
Average |
Low |
736.23 % |
16.15 % |
-84.45 % |
(Mar 31 2017) |
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(Jun 30 2019) |
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Net Income Y/Y Growth Statistics |
High |
Average |
Low |
736.23 % |
16.15 % |
-84.45 % |
(Mar 31 2017) |
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(Jun 30 2019) |
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Net Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023 |
General Electric's Q/Q Net Income Growth
Net Income Q/Q Growth Statistics |
High |
Average |
Low |
3963.77 % |
110.76 % |
-99.48 % |
(Jun 30 2016) |
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GE's IV. Quarter Q/Q Net Income Comment |
General Electric Company achieved in the IV. Quarter 2023 above company average sequential Net Income doubling of 374.93%, to $ 1,591.00 millions, from $335.00 millions in the third quarter.
Within Electric & Wiring Equipment industry General Electric Company achieved highest sequential Net Income growth. While General Electric's Net Income growth quarter on quarter, overall rank is 72. |
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Net Income Q/Q Growth Statistics |
High |
Average |
Low |
3963.77 % |
110.76 % |
-99.48 % |
(Jun 30 2016) |
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GE's IV. Quarter Q/Q Net Income Comment |
General Electric Company achieved in the IV. Quarter 2023 above company average sequential Net Income doubling of 374.93%, to $ 1,591.00 millions, from $335.00 millions in the third quarter.
Within Electric & Wiring Equipment industry General Electric Company achieved highest sequential Net Income growth. While General Electric's Net Income growth quarter on quarter, overall rank is 72. |
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General Electric's 12 Months Net Income Growth Year on Year
Net Income TTM Growth |
12 Months Ending (Dec 31 2023) |
12 Months Ending (Sep 30 2023) |
12 Months Ending (Jun 30 2023) |
12 Months Ending (Mar 31 2023) |
12 Months Ending (Dec 31 2022) |
Cumulative Net Income 12 Months Ending |
$ 9,443.00 |
$ 10,089.00 |
$ 9,594.00 |
$ 8,784.00 |
$ 292.00 |
Y / Y Net Income Growth (TTM) |
3133.9 % |
- |
- |
- |
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Year on Year Net Income Growth Overall
Ranking |
# 1 |
# 0 |
# 0 |
# 0 |
# 0 |
Seqeuential Net Income Change (TTM) |
-6.4 % |
5.16 % |
9.22 % |
2908.22 % |
- |
Seq. Net Income Growth (TTM) Overall
Ranking |
# 1 |
# 13 |
# 9 |
# 15 |
# 0 |
Cumulative Net Income growth
Comment |
With 3133.9% annual Net Income growth, General Electric Company would report a record annual Net Income surge if the fiscal year would end on Dec 31 2023.
General Electric Company achieved highest trailing twelve month year on year Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 0 to 1. |
Net Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
3133.9 % |
20.96 % |
-549.31 % |
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Net Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
3133.9 % |
20.96 % |
-549.31 % |
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Net Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 1 |
Sector |
# 1 |
S&P 500 |
# 1 |
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Cumulative Net Income growth
Comment |
With 3133.9% annual Net Income growth, General Electric Company would report a record annual Net Income surge if the fiscal year would end on Dec 31 2023.
General Electric Company achieved highest trailing twelve month year on year Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 0 to 1. |
Net Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
3133.9 % |
20.96 % |
-549.31 % |
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Net Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
3133.9 % |
20.96 % |
-549.31 % |
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Net Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 1 |
Sector |
# 1 |
S&P 500 |
# 1 |
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