General Electric (GE) Divestments (2009 - 2024)
General Electric (GE) reported Divestments of $1.16 billion for Q4 2024, down 40.9% from $1.97 billion a year earlier and down 38.9% from the prior quarter.
Analysis
General Electric (GE) Divestments (2009 - 2024) Analysis & Trends
For FY2024, General Electric posted Divestments of $5.75 billion, down 36.2% from FY2023.
- Divestments has a five-year compound annual growth rate of -11.1% (FY2019 to FY2024).
- By year, Divestments came in at $9 billion in FY2023 (+90.3%), $4.73 billion in FY2022 (-78.8%), $22.36 billion in FY2021 (+6.6%) and $20.98 billion in FY2020 (+102.3%).
- Five-year quarterly Divestments spans a low of -$3.77 billion in Q3 2022 and a high of $20.51 billion in Q1 2020.
- The high point for year-over-year Divestments in five years was Q1 2020 (growth of 497.1%); the low point was Q1 2021 (a decline of 96.4%).
- Per Business Quant data, the three quarters before Q4 2024 came in at $1.9 billion (Q3 2024), $74 million (Q2 2024) and $2.61 billion (Q1 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 303.30 Bn | 262.05 Bn | 5.02 Bn | - |
| 2 | Rtx | 262.79 Bn | 232.77 Bn | 5.81 Bn | - |
| 3 | Boeing | 148.22 Bn | 54.92 Bn | 2.41 Bn | - |
| 4 | Lockheed Martin | 136.34 Bn | 120.57 Bn | 2.44 Bn | - |
| 5 | General Dynamics | 94.90 Bn | 82.01 Bn | 2.18 Bn | - |
| 6 | Motorola Solutions | 79.08 Bn | 75.44 Bn | 1.68 Bn | 4.00 Mn |
| 7 | Northrop Grumman | 78.49 Bn | 65.95 Bn | 2.35 Bn | - |
| 8 | Howmet Aerospace | 77.28 Bn | 72.89 Bn | 951.00 Mn | - |
| 9 | Honeywell International | 69.19 Bn | 21.64 Bn | 3.65 Bn | - |
| 10 | TransDigm | 63.12 Bn | 51.21 Bn | 1.63 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 1.16 Bn |
| Sep 30, 2024 | 1.90 Bn |
| Jun 30, 2024 | 74.00 Mn |
| Mar 31, 2024 | 2.61 Bn |
| Dec 31, 2023 | 1.97 Bn |
| Sep 30, 2023 | 2.73 Bn |
| Dec 31, 2022 | 4.72 Bn |
| Sep 30, 2022 | -3.77 Bn |
| Jun 30, 2022 | 2.48 Bn |
| Mar 31, 2022 | 1.30 Bn |
| Dec 31, 2021 | 19.39 Bn |
| Sep 30, 2021 | 1.26 Bn |
| Jun 30, 2021 | 971.00 Mn |
| Mar 31, 2021 | 736.00 Mn |
| Dec 31, 2020 | 402.00 Mn |
| Sep 30, 2020 | -244.00 Mn |
| Jun 30, 2020 | 316.00 Mn |
| Mar 31, 2020 | 20.51 Bn |
| Sep 30, 2019 | 4.69 Bn |
| Jun 30, 2019 | 2.25 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();