General Electric (GE) Gains from Sales and Divestitures (2018 - 2024)
General Electric (GE) reported Gains from Sales and Divestitures of $9 million for Q1 2024, compared with -$52 million a year earlier and up 800.0% from the prior quarter.
General Electric (GE) Gains from Sales and Divestitures (2018 - 2024) Analysis & Trends
Over the twelve months ended Mar 31, 2024, General Electric's Gains from Sales and Divestitures came in at $165 million; for FY2023, it was $104 million, up 73.3% from FY2022.
- Gains from Sales and Divestitures has a five-year compound annual growth rate of -41.5% (FY2018 to FY2023).
- By year, Gains from Sales and Divestitures came in at $60 million in FY2022, -$52 million in FY2021, $12.47 billion in FY2020 and -$14 million in FY2019.
- Five-year quarterly Gains from Sales and Divestitures spans a low of -$274 million in Q4 2019 and a high of $12.37 billion in Q1 2020.
- Year over year, Gains from Sales and Divestitures gained in two of the last four quarters, with growth averaging 275.6%.
- The high point for year-over-year Gains from Sales and Divestitures in five years was Q2 2023 (growth of 875.0%); the low point was Q1 2021 (a decline of 100.0%).
- Per Business Quant data, the three quarters before Q1 2024 came in at $1 million (Q4 2023), $116 million (Q3 2023) and $39 million (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | General Electric | 321.31 Bn | 275.31 Bn | 4.68 Bn |
| 2 | Rtx | 248.97 Bn | 222.19 Bn | 5.13 Bn |
| 3 | Boeing | 152.99 Bn | 59.70 Bn | 2.41 Bn |
| 4 | Lockheed Martin | 116.67 Bn | 103.39 Bn | 2.45 Bn |
| 5 | Howmet Aerospace | 92.54 Bn | 88.15 Bn | 951.00 Mn |
| 6 | General Dynamics | 89.31 Bn | 76.42 Bn | 2.18 Bn |
| 7 | Motorola Solutions | 74.04 Bn | 70.40 Bn | 1.68 Bn |
| 8 | Northrop Grumman | 67.90 Bn | 57.15 Bn | 2.12 Bn |
| 9 | Honeywell International | 67.82 Bn | 20.27 Bn | 3.65 Bn |
| 10 | TransDigm | 60.25 Bn | 48.34 Bn | 1.63 Bn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 9.00 Mn |
| Dec 31, 2023 | 1.00 Mn |
| Sep 30, 2023 | 116.00 Mn |
| Jun 30, 2023 | 39.00 Mn |
| Mar 31, 2023 | -52.00 Mn |
| Dec 31, 2022 | 18.00 Mn |
| Sep 30, 2022 | 23.00 Mn |
| Jun 30, 2022 | 4.00 Mn |
| Mar 31, 2022 | 15.00 Mn |
| Dec 31, 2021 | 103.00 Mn |
| Sep 30, 2021 | -153.00 Mn |
| Jun 30, 2021 | -5.00 Mn |
| Mar 31, 2021 | 3.00 Mn |
| Dec 31, 2020 | 23.00 Mn |
| Sep 30, 2020 | 21.00 Mn |
| Jun 30, 2020 | 53.00 Mn |
| Mar 31, 2020 | 12.37 Bn |
| Dec 31, 2019 | -274.00 Mn |
| Sep 30, 2019 | 46.00 Mn |
| Jun 30, 2019 | -39.00 Mn |
General Electric Gains from Sales and Divestitures 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=gains-from-sales-and-divestitures&ticker=GE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gains-from-sales-and-divestitures", "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=gains-from-sales-and-divestitures&ticker=GE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();