Discontinued — last reported Q1 '24
Business Segments · Revenue
Aerospace — Revenue
General Electric Aerospace — Revenue decreased by 5.4% to $8.06B in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 15.5%, from $6.98B to $8.06B. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2020
Last reportedQ1 2024
Rolls up toTotal Revenue
How to read this metric
An increase indicates strong demand for aviation products and services, while a decrease suggests market contraction or loss of market share.
Detailed definition
Total revenue generated by the aerospace business segment from the sale of engines, components, and aftermarket services...
Peer comparison
Standard revenue metric found in all industrial and aerospace segment reporting.
Metric ID:
ge_segment_aerospace_revenuesHistorical Data
11 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.84B | $5.40B | $5.60B | $6.13B | $6.71B | $7.62B | $6.98B | $7.86B | $8.41B | $8.52B | $8.06B |
| QoQ Change | — | +11.5% | +3.8% | +9.4% | +9.4% | +13.6% | -8.3% | +12.6% | +7.0% | +1.3% | -5.4% |
| YoY Change | — | — | — | +26.6% | +24.2% | — | +24.6% | +28.3% | +25.4% | +11.9% | +15.5% |
Range$4.84B – $8.52B
CAGR+22.7%
Avg YoY Growth+22.4%
Median YoY Growth+24.6%
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Frequently Asked Questions
- What is General Electric's aerospace — revenue?
- General Electric (GE) reported aerospace — revenue of $8.06B in Q1 2024.
- How has General Electric's aerospace — revenue changed year-over-year?
- General Electric's aerospace — revenue increased by 15.5% year-over-year, from $6.98B to $8.06B.
- What does aerospace — revenue mean?
- The total sales generated by the aerospace business unit.