General Electric (GE) Divestments (2009 - 2024)
General Electric (GE) reported Divestments of $1.17 billion for Q4 2024, down 40.5% from $1.97 billion a year earlier and down 20.4% from the prior quarter.
Analysis
General Electric (GE) Divestments (2009 - 2024) Analysis & Trends
For FY2024, General Electric posted Divestments of $5.25 billion, down 41.7% from FY2023.
- Divestments has a five-year compound annual growth rate of -2.2% (FY2019 to FY2024).
- By year, Divestments came in at $9 billion in FY2023 (+90.9%), $4.72 billion in FY2022 (-78.9%), $22.36 billion in FY2021 and $417 million in FY2020 (-92.9%).
- The Q4 2024 figure ranks as the lowest quarterly Divestments since Q4 2022.
- Year over year, Divestments gained in two of the last four quarters, with growth averaging 241.7%.
- The high point for year-over-year Divestments in five years was Q3 2023 (growth of 849.0%); the low point was Q4 2022 (a decline of 96.7%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 324.09 Bn | 278.09 Bn | 4.68 Bn | - |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn | - |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn | - |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn | - |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn | - |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn | 4.00 Mn |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn | - |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn | - |
| 10 | TransDigm | 59.83 Bn | 47.91 Bn | 1.63 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 1.17 Bn |
| Sep 30, 2024 | 1.47 Bn |
| Mar 31, 2024 | 2.61 Bn |
| Dec 31, 2023 | 1.97 Bn |
| Sep 30, 2023 | 2.73 Bn |
| Dec 31, 2022 | 646.00 Mn |
| Sep 30, 2022 | 288.00 Mn |
| Jun 30, 2022 | 2.48 Bn |
| Mar 31, 2022 | 1.30 Bn |
| Dec 31, 2021 | 19.40 Bn |
| Sep 30, 2021 | 1.26 Bn |
| Jun 30, 2021 | 971.00 Mn |
| Mar 31, 2021 | 735.00 Mn |
| Dec 31, 2020 | 417.00 Mn |
| Sep 30, 2019 | 3.04 Bn |
| Jun 30, 2019 | -38.00 Mn |
| Mar 31, 2019 | 2.87 Bn |
| Dec 31, 2018 | -5.48 Bn |
| Sep 30, 2018 | 3.12 Bn |
| Jun 30, 2018 | 2.33 Bn |
API Access
General Electric Divestments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=divestments&ticker=GE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "divestments", "ticker": "GE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=divestments&ticker=GE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();