Discontinued — last reported Q1 '24
Business Segments · Deferred income (Note 9)
Renewable Energy — Deferred income (Note 9)
General Electric Renewable Energy — Deferred income (Note 9) increased by 22.1% to $149.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric declined by 27.7%, from $206.00M to $149.00M. Over 2 years (FY 2021 to FY 2023), Renewable Energy — Deferred income (Note 9) shows a downward trend with a -6.6% CAGR.
Analysis
StatementSegment
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2019
Last reportedQ1 2024Apr 23, 2024
Rolls up toContract Liabilities
How to read this metric
An increase suggests strong future demand or longer-term service contracts, while a decrease may indicate revenue recognition catching up to billing.
Detailed definition
Represents income received in advance for services or products that have not yet been delivered or earned by the busines...
Peer comparison
Common in long-cycle industrial businesses with service-heavy revenue models.
Metric ID:
ge_segment_renewable_energy_deferred_income_note_9Historical Data
12 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $203.00M | $188.00M | $194.00M | $169.00M | $167.00M | $149.00M | $183.00M | $206.00M | $189.00M | $177.00M | $122.00M | $149.00M |
| QoQ Change | — | -7.4% | +3.2% | -12.9% | -1.2% | -10.8% | +22.8% | +12.6% | -8.3% | -6.3% | -31.1% | +22.1% |
| YoY Change | — | — | — | — | -17.7% | -20.7% | -5.7% | +21.9% | +13.2% | +18.8% | -33.3% | -27.7% |
Range$122.00M – $206.00M
CAGR-10.6%
Avg YoY Growth-6.4%
Median YoY Growth-11.7%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is General Electric's renewable energy — deferred income (note 9)?
- General Electric (GE) reported renewable energy — deferred income (note 9) of $149.00M in Q1 2024.
- How has General Electric's renewable energy — deferred income (note 9) changed year-over-year?
- General Electric's renewable energy — deferred income (note 9) decreased by 27.7% year-over-year, from $206.00M to $149.00M.
- What is the long-term trend for General Electric's renewable energy — deferred income (note 9)?
- Over 2 years (2021 to 2023), General Electric's renewable energy — deferred income (note 9) has grown at a -6.6% compound annual growth rate (CAGR), from $796.00M to $694.00M.
- What does renewable energy — deferred income (note 9) mean?
- Money received from customers for work that has not yet been completed.