General Electric (GE) Accumulated Expenses (2009 - 2024)
General Electric (GE) posted Accumulated Expenses of $15.2 billion for Q1 2024, down 1.45% sequentially from $15.4 billion in Q4 2023, and up 0.8% YoY from $15.1 billion in Q2 2023.
General Electric (GE) Accumulated Expenses (2009 - 2024) Analysis & Trends
General Electric has reported Accumulated Expenses for 16 years, with the latest figure at $15.2 billion in Q1 2024.
- Quarterly Accumulated Expenses rose 0.8% year-over-year to $15.2 billion in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $15.2 billion (up 0.8% YoY) and the FY2023 annual result came in at $15.4 billion, changed 0.06% from the prior year.
- Accumulated Expenses eased to $15.2 billion in Q1 2024 per GE's latest filing, from $15.4 billion in the prior quarter.
- Over five years, Accumulated Expenses peaked at $19.8 billion in Q1 2020 and troughed at $15.1 billion in Q1 2023.
- A 5-year average of $16.3 billion and a median of $16.2 billion in 2022 frame the typical range for Accumulated Expenses.
- The sharpest annual moves came in 2021 and 2022: Accumulated Expenses retreated 18.81% in 2021, then grew 7.17% in 2022.
- Over 5 years, Accumulated Expenses stood at $16.5 billion in 2020, then retreated by 1.31% to $16.2 billion in 2021, then declined by 5.2% to $15.4 billion in 2022, then increased by 0.06% to $15.4 billion in 2023, then decreased by 1.45% to $15.2 billion in 2024.
- According to Business Quant data, Accumulated Expenses over the past three periods registered $15.2 billion, $15.4 billion, and $15.8 billion for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | General Electric | 362.92 Bn | 353.58 Bn | 6.95 Bn |
| 2 | Rtx | 284.24 Bn | 275.94 Bn | 9.91 Bn |
| 3 | Boeing | 169.32 Bn | 149.30 Bn | 2.41 Bn |
| 4 | Lockheed Martin | 129.93 Bn | 126.14 Bn | 2.45 Bn |
| 5 | Howmet Aerospace | 108.64 Bn | 108.07 Bn | 951.00 Mn |
| 6 | General Dynamics | 103.62 Bn | 99.29 Bn | 6.76 Bn |
| 7 | Northrop Grumman | 78.44 Bn | 76.14 Bn | 3.72 Bn |
| 8 | TransDigm | 69.14 Bn | 66.37 Bn | 1.63 Bn |
| 9 | Axon Enterprise | 50.64 Bn | 49.97 Bn | 546.45 Mn |
| 10 | L3Harris Technologies | 49.64 Bn | 48.12 Bn | 1.50 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 15.18 Bn |
| Dec 31, 2023 | 15.41 Bn |
| Sep 30, 2023 | 15.79 Bn |
| Jun 30, 2023 | 15.52 Bn |
| Mar 31, 2023 | 15.06 Bn |
| Dec 31, 2022 | 15.40 Bn |
| Sep 30, 2022 | 17.33 Bn |
| Jun 30, 2022 | 17.03 Bn |
| Mar 31, 2022 | 16.21 Bn |
| Dec 31, 2021 | 16.24 Bn |
| Sep 30, 2021 | 16.17 Bn |
| Jun 30, 2021 | 16.65 Bn |
| Mar 31, 2021 | 16.09 Bn |
| Dec 31, 2020 | 16.46 Bn |
| Sep 30, 2020 | 16.24 Bn |
| Jun 30, 2020 | 16.54 Bn |
| Mar 31, 2020 | 19.82 Bn |
| Dec 31, 2019 | 17.36 Bn |
| Sep 30, 2019 | 19.04 Bn |
| Jun 30, 2019 | 16.72 Bn |