General Electric’s Backlog by Segment (2016 – 2022)
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This statistic highlights General Electric’s Backlog by Segment, across Segments such as Aviation, Healthcare and Power, from Q1 2016 onwards.
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This statistic highlights General Electric’s Backlog by Segment, across Segments such as Aviation, Healthcare and Power, from Q1 2016 onwards. Backlog refers to the total number of customer orders that have not yet been fulfilled, over a given fiscal period. For example, a customer placed an order on December 1 and requested delivery by February 1. This order will become a part of the company’s backlog from December 1 to January 31, i.e. until the order is met.
The aviation segment of GE reported a backlog of nearly US $ 253 billion in Q3 FY 2019. This was a 3.69% increase from the previous quarter, coming off a 9.13% rise from Q1 to Q2.
The backlog for the healthcare segment remained under the US $19 billion per quarter since FY 2016. The highest backlog since then stood at the US $ 18.20 billion during Q2 FY 2019. The quarterly unfulfilled orders for the lighting division remained constant at the US $ 200 million (deprecated) from Q3 FY 2017 to Q4 FY 2018. In Q3 FY 2016, there was a 99.16% fall from Q2. The maximum quarterly decline in undelivered oil and gas orders was of 4.85% during the third quarter of FY 2016. One year hence, there was a 9% increase from Q2 to Q3 FY 2017.
The power segment had a fall of 10.02% in backlog from Q1 to Q2 FY 2017. This decline reduced to 1.67% from Q1 to Q2 FY 2018 and increased to a 7% decline from Q1 to Q2 FY 2019.The renewable energy slice of GE faced a 38.92% rise in backlog from Q1 to Q2 FY 2019. This rise reduced to 6.61% in Q3. In Q3 FY 2018, there was a 38.79% rise from Q2. GE’s transportation division barely managed a 1% increase in backlog from Q3 to Q4 FY 2018, compared to a 22.60% rise from Q3 to Q4 FY 2017.
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