GE Net Income (in millions $)		FY 2018	FY 2017	FY 2016	FY 2015
IV Quarter	December	-	-9,681.00	3,716.00	6,403.00
III Quarter	September	-	1,694.00	1,951.00	2,545.00
II Quarter	June	669.00	1,354.00	2,804.00	-1,135.00
I Quarter	March	-1,113.00	577.00	69.00	-13,608.00
FY		-444.00	-6,056.00	8,540.00	-5,795.00

GE Net Income second quarter 2018 Y/Y Growth Comment

General Electric Company reported drop in Net Income in the second quarter by -50.59% to $ 669.00 millions, from the same quarter in 2017.
The fall in the second quarter General Electric Company's Net Income compares unfavorably to the Company's average Net Income increase of 13.52%.

Looking into second quarter results within Conglomerates industry 8 other companies have achieved higher Net Income growth. While General Electric Company' s Net Income meltdown of -50.59% ranks overall at the positon no. 1898 in the second quarter.

GE Net Income ( Y/Y Growth %)		2018	2017	2016	2015
IV Quarter	December	-	-	-41.96 %	24.28 %
III Quarter	September	-	-13.17 %	-23.34 %	-28.05 %
II Quarter	June	-50.59 %	-51.71 %	-	-
I Quarter	March	-	736.23 %	-	-
FY		-	-	-	-

Financial Statements
General Electric's second quarter 2018 Net Income	$ 669.00 millions	GE's Income Statement
General Electric's second quarter 2017 Net Income	$ 1,354.00 millions	Quarterly GE's Income Statement
New: More GE's historic Net Income Growth >>

GE Net Income (Quarter on Quarter Growth %)		2018	2017	2016	2015
IV Quarter	December	-	-	90.47 %	151.59 %
III Quarter	September	-	25.11 %	-30.42 %	-
II Quarter	June	-	134.66 %	3963.77 %	-
I Quarter	March	-	-84.47 %	-98.92 %	-
FY (Year on Year)		-	-	-	-

Compare GE Profitability >> Back to GE Growth rate Comparisons >>

Net Income second quarter 2018 Y/Y Growth Company Ranking
Within:	No.
Conglomerates Industry	#9
Conglomerates Sector	#18
Overall	#1898

Net Income Y/Y Growth Statistics
High	Average	Low
736.23 %	13.52 %	-51.71 %
(Mar 31 2017)		(Jun 30 2017)

Net Income second quarter 2018 Y/Y Growth Company Ranking
Within:	No.
Conglomerates Industry	#9
Conglomerates Sector	#18
Overall	#1898

Net Income Y/Y Growth Statistics
High	Average	Low
736.23 %	13.52 %	-51.71 %
(Mar 31 2017)		(Jun 30 2017)

Net Income by Quarter for the Fiscal Years 2015, 2016, 2017, 2018

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General Electric's Q/Q Net Income Growth

Net Income Q/Q Growth Statistics
High	Average	Low
3963.77 %	82.25 %	-98.92 %
(Jun 30 2016)

GE's II. Quarter Q/Q Net Income Comment

II. Quarter 2018Seasonal General Electric Company in the circumstances net loss of $ 669.00 millionsSeasonal circumstances seem to have led to General Electric Company's rebound to profitability, as GE deliverNet Income of $ 669.00 millions in the II. Quarter 2018 coming of net loss-1,113.00 millions in the first quarter. General Electric Company announced in the II. Quarter 2018 Net Income of $ 669.00 millions compare to net loss recorded in previos quarter.

Within Conglomerates industry General Electric Company achieved highest sequential Net Income growth. While General Electric's Net Income growth quarter on quarter, overall rank is 0.

Net Income Q/Q Growth Company Ranking
Within:	No.
Conglomerates Industry	#
Conglomerates Sector	#
Overall	#0

Net Income Q/Q Growth Company Ranking
Within:	No.
Conglomerates Industry	#
Conglomerates Sector	#
Overall	#0

Net Income Q/Q Growth Statistics
High	Average	Low
3963.77 %	82.25 %	-98.92 %
(Jun 30 2016)

GE's II. Quarter Q/Q Net Income Comment

II. Quarter 2018Seasonal General Electric Company in the influence net loss of $ 669.00 millionsSeasonal influence seem to have contributed General Electric Company's rebound to recovery, as GE clinchesNet Income of $ 669.00 millions in the II. Quarter 2018 coming of net loss-1,113.00 millions in the first quarter. General Electric Company announced in the II. Quarter 2018 Net Income of $ 669.00 millions compare to net loss recorded in previos quarter.

Within Conglomerates industry General Electric Company achieved highest sequential Net Income growth. While General Electric's Net Income growth quarter on quarter, overall rank is 0.

General Electric's 12 Months Net Income Growth Year on Year

Net Income TTM Growth	12 Months Ending (Jun 30 2018)	12 Months Ending (Mar 31 2018)	12 Months Ending (Dec 31 2017)	12 Months Ending (Sep 30 2017)	12 Months Ending (Jun 30 2017)
Cumulative Net Income 12 Months Ending	$ -8,431.00	$ -7,746.00	$ -6,056.00	$ 7,341.00	$ 7,598.00
Y / Y Net Income Growth (TTM)	-	-	-	-34.61 %	-35.72 %
Year on Year Net Income Growth Overall Ranking	#	#	#	#	#
Seqeuential Net Income Change (TTM)	-	-	-	-3.38 %	-16.03 %
Seq. Net Income Growth (TTM) Overall Ranking	#	#	#	#	#

New: More GE's historic Net Income Growth >>

Cumulative Net Income growth Comment

General Electric Company realized trailing twelve months net loss of $ -8,431 millions, in the Jun 30 2018, compare to Net Income of $ 7,598 millions a year ago.

General Electric Company achieved highest trailing twelve month year on year Net Income growth. While overall Net Income growth ranking, remained unchanged compare to the previous quarter at no. .

Net Income TTM Q/Q Growth Statistics
High	Average	Low
0 %	0 %	0 %

Net Income TTM Y/Y Growth Company Ranking
Within:	No.
Conglomerates Industry	#
Conglomerates Sector	#
Overall	#

Net Income TTM Y/Y Growth Statistics
High	Average	Low
0 %	0 %	0 %

Net Income TTM Q/Q Growth Company Ranking
Within:	No.
Industry	#
Sector	#
S&P 500	#

Cumulative Net Income growth Comment

Net Income TTM Q/Q Growth Statistics
High	Average	Low
0 %	0 %	0 %

Net Income TTM Y/Y Growth Company Ranking
Within:	No.
Conglomerates Industry	#
Conglomerates Sector	#
Overall	#

Net Income TTM Y/Y Growth Statistics
High	Average	Low
0 %	0 %	0 %

Net Income TTM Q/Q Growth Company Ranking
Within:	No.
Industry	#
Sector	#
S&P 500	#

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Other Net Income Growth
Conglomerates Industry Net Income Growth Trends and Statistics
Conglomerates Sector Net Income Growth Statistics
Net Income Growth Trends for overall market
GE's Net Income Growth Ratio versus Conglomerates Industry, Conglomerates Sector and total Market
Highest Ranking Net Income Growth
Lowest Ranking Net Income Growth
Net Income Growth for GE's Competitors
Net Income Growth for General Electric's Suppliers
Net Income Growth 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 Dividend Payout Ratio
GE's Roa	GE's Inventory Turnover Ratio	GE's Growth Rates	GE's Dividend Comparisons

Companies with similar Net Income meltdown for the quarter ending Jun 30 2018 within Conglomerates Sector	Y/Y Change %	Net Income for the quarter ending Jun 30 2018
Live Ventures Inc	-2.40 %	$ -2.397 millions
Honeywell International Inc.	-8.57 %	$ -8.571 millions
Steel Partners Holdings L.p.	-13.76 %	$ -13.761 millions
General Electric Company	-50.59 %	$ -50.591 millions
Icahn Enterprises L.p.	-65.91 %	$ -65.913 millions
Western Capital Resources, Inc.	-94.21 %	$ -94.210 millions

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GE's Net Income Growth by Quarter and Year

GE Net Income (Quarter on Quarter Growth %)

Net Income TTM Growth