General Electric (GE) Work In Process (2020 - 2024)
General Electric (GE) posted Work In Process of $7.3 billion for Q1 2024, down 3.88% sequentially from $7.6 billion in Q4 2023, and up 37.07% YoY from $5.3 billion in Q2 2023.
General Electric (GE) Work In Process (2020 - 2024) Analysis & Trends
General Electric has reported Work In Process for 5 years, with the latest figure at $7.3 billion in Q1 2024.
- Quarterly Work In Process rose 37.07% year-over-year to $7.3 billion in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $7.3 billion (up 37.07% YoY) and the FY2023 annual result came in at $7.6 billion, down 2.37% from the prior year.
- Work In Process slipped to $7.3 billion in Q1 2024 per GE's latest filing, from $7.6 billion in the prior quarter.
- Over five years, Work In Process peaked at $8.4 billion in Q4 2020 and troughed at $2.9 billion in Q1 2021.
- A 5-year average of $6.6 billion and a median of $7.4 billion in 2023 frame the typical range for Work In Process.
- The sharpest annual moves came in 2021 and 2022: Work In Process tumbled 34.22% in 2021, then soared 41.33% in 2022.
- Over 5 years, Work In Process stood at $8.4 billion in 2020, then sank by 34.22% to $5.5 billion in 2021, then jumped by 41.33% to $7.8 billion in 2022, then dropped by 2.37% to $7.6 billion in 2023, then fell by 3.88% to $7.3 billion in 2024.
- According to Business Quant data, Work In Process over the past three periods registered $7.3 billion, $7.6 billion, and $7.9 billion for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn |
| 10 | Axon Enterprise | 49.43 Bn | 48.76 Bn | 546.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 7.29 Bn |
| Dec 31, 2023 | 7.58 Bn |
| Sep 30, 2023 | 7.92 Bn |
| Jun 30, 2023 | 8.05 Bn |
| Mar 31, 2023 | 5.32 Bn |
| Dec 31, 2022 | 7.77 Bn |
| Dec 31, 2021 | 5.50 Bn |
| Sep 30, 2021 | 5.48 Bn |
| Mar 31, 2021 | 2.91 Bn |
| Dec 31, 2020 | 8.35 Bn |