Discontinued — last reported Q1 '24
Renewable Energy — Revenue
General Electric Renewable Energy — Revenue decreased by 28.7% to $3.01B in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 5.9%, from $2.84B to $3.01B. Over 2 years (FY 2021 to FY 2023), Renewable Energy — Revenue shows relatively stable performance with a -2.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates growing market share or demand for renewable energy products, while a decrease suggests market contraction or competitive pressure.
Detailed definition
Represents the total gross inflow of economic benefits arising from the sale of goods and services within the renewable...
Peer comparison
Standard revenue reporting for industrial segments; comparable to peers in the energy infrastructure sector.
ge_segment_renewable_energy_revenuesHistorical Data
| 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 | $4.05B | $4.21B | $4.19B | $2.87B | $3.10B | $3.59B | $3.41B | $2.84B | $3.85B | $4.15B | $4.21B | $3.01B |
| QoQ Change | — | +3.9% | -0.4% | -31.5% | +7.9% | +16.0% | -5.0% | -16.9% | +35.7% | +7.8% | +1.5% | -28.7% |
| YoY Change | — | — | — | — | -23.5% | -14.6% | -18.6% | -1.2% | +24.2% | +15.5% | +23.4% | +5.9% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is General Electric's renewable energy — revenue?
- General Electric (GE) reported renewable energy — revenue of $3.01B in Q1 2024.
- How has General Electric's renewable energy — revenue changed year-over-year?
- General Electric's renewable energy — revenue increased by 5.9% year-over-year, from $2.84B to $3.01B.
- What is the long-term trend for General Electric's renewable energy — revenue?
- Over 2 years (2021 to 2023), General Electric's renewable energy — revenue has grown at a -2.1% compound annual growth rate (CAGR), from $15.70B to $15.05B.
- What does renewable energy — revenue mean?
- Total sales generated by the renewable energy business segment.