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General Electric Company (GE) |
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GE's Operating Income Growth by Quarter and Year
General Electric's Operating Income results by quarter and year
Select the Comparisons :
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Select the Ratio:
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Operating Income Growth Y/Y▼
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Operating Income Growth Y/Y▼
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GE Operating Income (in millions $) |
FY 2023 |
FY 2022 |
FY 2021 |
FY 2020 |
IV Quarter |
December |
35,639.00
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39,050.00
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56,019.00
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1,745.00
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III Quarter |
September |
7,412.00
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7,185.00
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1,654.00
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915.00
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II Quarter |
June |
6,720.00
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7,873.00
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1,191.00
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-2,129.00
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I Quarter |
March |
6,103.00
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5,880.00
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1,128.00
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1,764.00
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FY |
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55,874.00
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59,988.00
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59,992.00
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2,295.00
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GE Operating Income fourth quarter 2023 Y/Y Growth Comment |
General Electric Company reported decrease in Operating Income in the fourth quarter 2023 by -8.73% to $ 35,639.00 millions, from the same quarter in 2022. The decrease in the fourth quarter 2023 General Electric Company's Operating Income compares unfavorably to the Company's average Operating Income doubling of 122.8%.
Looking into fourth quarter 2023 results within Electric & Wiring Equipment industry 3 other companies have achieved higher Operating Income growth. While General Electric Company' s Operating Income decline of -8.73% ranks overall at the positon no. 215 in the fourth quarter 2023.
Explain Operating Income growth
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GE Operating Income ( Y/Y Growth %) |
2023
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2022 |
2021 |
2020 |
IV Quarter |
December |
-8.73 % |
-30.29 % |
3110.26 % |
-39.37 % |
III Quarter |
September |
3.16 % |
334.4 % |
80.77 % |
-54.23 % |
II Quarter |
June |
-14.64 % |
561.04 % |
- |
- |
I Quarter |
March |
3.79 % |
421.28 % |
-36.05 % |
-36.71 % |
FY |
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-6.86 % |
-0.01 % |
2514.03 % |
-76.46 % |
GE Operating Income (Quarter on Quarter Growth %) |
2023
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2022 |
2021 |
2020 |
IV Quarter |
December |
380.83 % |
443.49 % |
3286.88 % |
90.71 % |
III Quarter |
September |
10.3 % |
-8.74 % |
38.87 % |
- |
II Quarter |
June |
10.11 % |
33.89 % |
5.59 % |
- |
I Quarter |
March |
-84.37 % |
-89.5 % |
-35.36 % |
-38.71 % |
FY (Year on Year) |
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-6.86 % |
-0.01 % |
2514.03 % |
-76.46 % |
Operating Income Y/Y Growth Statistics |
High |
Average |
Low |
3802.59 % |
122.8 % |
-106.89 % |
(Mar 31 2022) |
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(Jun 30 2019) |
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Operating Income Y/Y Growth Statistics |
High |
Average |
Low |
3802.59 % |
122.8 % |
-106.89 % |
(Mar 31 2022) |
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(Jun 30 2019) |
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Operating Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023 |
General Electric's Q/Q Operating Income Growth
Operating Income Q/Q Growth Statistics |
High |
Average |
Low |
3286.88 % |
72.61 % |
-92.34 % |
(Dec 31 2021) |
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GE's IV. Quarter Q/Q Operating Income Comment |
General Electric Company achieved in the IV. Quarter 2023 above company average sequential Operating Income doubling of 380.83%, to $ 35,639.00 millions, from $7,412.00 millions in the third quarter.
Within Electric & Wiring Equipment industry General Electric Company achieved highest sequential Operating Income growth. While General Electric's Operating Income growth quarter on quarter, overall rank is 10. |
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Operating Income Q/Q Growth Statistics |
High |
Average |
Low |
3286.88 % |
72.61 % |
-92.34 % |
(Dec 31 2021) |
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GE's IV. Quarter Q/Q Operating Income Comment |
General Electric Company achieved in the IV. Quarter 2023 above company average sequential Operating Income doubling of 380.83%, to $ 35,639.00 millions, from $7,412.00 millions in the third quarter.
Within Electric & Wiring Equipment industry General Electric Company achieved highest sequential Operating Income growth. While General Electric's Operating Income growth quarter on quarter, overall rank is 10. |
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General Electric's 12 Months Operating Income Growth Year on Year
Operating 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 Operating Income 12 Months Ending |
$ 55,874.00 |
$ 59,285.00 |
$ 59,058.00 |
$ 60,211.00 |
$ 59,988.00 |
Y / Y Operating Income Growth (TTM) |
-6.86 % |
-22.96 % |
-17.32 % |
-7 % |
-0.01 % |
Year on Year Operating Income Growth Overall
Ranking |
# 155 |
# 1 |
# 3 |
# 1 |
# 4 |
Seqeuential Operating Income Change (TTM) |
-5.75 % |
0.38 % |
-1.91 % |
0.37 % |
-22.05 % |
Seq. Operating Income Growth (TTM) Overall
Ranking |
# 215 |
# 97 |
# 64 |
# 649 |
# 14 |
Cumulative Operating Income growth
Comment |
General Electric showed decline, but improvement compare to trailing twelve month Operating Income decrease in Sep 30 2023. If the fiscal year would end in Dec 31 2023, General Electric's annual Operating Income fall would be -6.86% year on year to $55,874 millions.
Among companies within the Consumer Discretionary sector 5 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 1 to 155. |
Operating Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
3802.59 % |
122.8 % |
-106.89 % |
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Operating Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
3802.59 % |
122.8 % |
-106.89 % |
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Operating Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 4 |
Sector |
# 13 |
S&P 500 |
# 215 |
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Cumulative Operating Income growth
Comment |
General Electric showed decline, but improvement compare to trailing twelve month Operating Income decrease in Sep 30 2023. If the fiscal year would end in Dec 31 2023, General Electric's annual Operating Income drop would be -6.86% year on year to $55,874 millions.
Among companies within the Consumer Discretionary sector 5 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 1 to 155. |
Operating Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
3802.59 % |
122.8 % |
-106.89 % |
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Operating Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
3802.59 % |
122.8 % |
-106.89 % |
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Operating Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 4 |
Sector |
# 13 |
S&P 500 |
# 215 |
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