General Electric (GE) Work In Process (2020 - 2024)
General Electric (GE) reported Work In Process of $7.3 billion for Q1 2024, up 37.07% on a YoY basis from $5.3 billion in Q2 2023, and down 3.88% sequentially from $7.6 billion in Q4 2023.
General Electric (GE) Work In Process (2020 - 2024) Analysis & Trends
General Electric (GE) has 5 years of Work In Process data on file, last reported at $7.3 billion in Q1 2024.
- For the quarter ending Q1 2024, Work In Process rose 37.07% year-over-year to $7.3 billion; the trailing twelve-month figure through Mar 2024 stood at $7.3 billion (up 37.07% YoY), and the FY2023 full-year result was $7.6 billion, down 2.37% from the prior year.
- Work In Process slipped to $7.3 billion in Q1 2024, from $7.6 billion in the prior quarter.
- In the past five years, Work In Process ranged from a high of $8.4 billion in Q4 2020 to a low of $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.
- Across the five-year window, Work In Process sank 34.22% in 2021 and jumped 41.33% in 2022, its largest moves.
- Tracing GE's Work In Process over 5 years: stood at $8.4 billion in 2020, then slumped by 34.22% to $5.5 billion in 2021, then jumped by 41.33% to $7.8 billion in 2022, then retreated by 2.37% to $7.6 billion in 2023, then slipped by 3.88% to $7.3 billion in 2024.
- Business Quant data shows GE's Work In Process at $7.3 billion in Q1 2024, $7.6 billion in Q4 2023, and $7.9 billion in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | General Electric | 373.50 Bn | 364.15 Bn | -3.10 Bn |
| 2 | Rtx | 296.90 Bn | 288.60 Bn | 9.91 Bn |
| 3 | Boeing | 166.70 Bn | 145.80 Bn | 2.55 Bn |
| 4 | Lockheed Martin | 134.21 Bn | 130.42 Bn | 2.45 Bn |
| 5 | Howmet Aerospace | 114.47 Bn | 112.03 Bn | 854.00 Mn |
| 6 | General Dynamics | 105.42 Bn | 101.72 Bn | 9.09 Bn |
| 7 | Northrop Grumman | 78.01 Bn | 75.70 Bn | 3.72 Bn |
| 8 | TransDigm | 74.63 Bn | 70.74 Bn | 1.51 Bn |
| 9 | L3Harris Technologies | 56.67 Bn | 56.08 Bn | 1.40 Bn |
| 10 | Embraer | 49.53 Bn | 47.57 Bn | - |
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 |