Discontinued — last reported Q2 '23
Business Segments · Gross profit (loss)
Power — Gross profit (loss)
General Electric Power — Gross profit (loss) increased by 402.7% to $377.00M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 17.8%, from $320.00M to $377.00M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ2 2017
Last reportedQ2 2023Jul 25, 2023
Rolls up toGross Profit
How to read this metric
Higher margins indicate strong pricing power or efficient manufacturing processes, while lower margins suggest rising input costs or pricing pressure.
Detailed definition
This metric represents the profit a company makes after deducting the costs associated with making and selling its produ...
Peer comparison
Standard gross profit metric used across all manufacturing and industrial sectors.
Metric ID:
ge_segment_power_gross_profit_lossHistorical Data
9 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $299.00M | $204.00M | $310.00M | $63.00M | $320.00M | $141.00M | $693.00M | $75.00M | $377.00M |
| QoQ Change | — | -31.8% | +52.0% | -79.7% | +407.9% | -55.9% | +391.5% | -89.2% | +402.7% |
| YoY Change | — | — | — | — | +7.0% | -30.9% | +123.5% | +19.0% | +17.8% |
Range$63.00M – $693.00M
CAGR+12.3%
Avg YoY Growth+27.3%
Median YoY Growth+17.8%
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Frequently Asked Questions
- What is General Electric's power — gross profit (loss)?
- General Electric (GE) reported power — gross profit (loss) of $377.00M in Q2 2023.
- How has General Electric's power — gross profit (loss) changed year-over-year?
- General Electric's power — gross profit (loss) increased by 17.8% year-over-year, from $320.00M to $377.00M.
- What does power — gross profit (loss) mean?
- Revenue minus the direct costs of goods sold for the Power segment.