Aerospace — Equity method income
General Electric Aerospace — Equity method income remained flat by 0.0% to $73.75M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 98.0%, from $37.25M to $73.75M. Over 2 years (FY 2021 to FY 2023), Aerospace — Equity method income shows an upward trend with a 125.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase signals strong performance from joint ventures, while a decrease indicates operational challenges within those partnerships.
Detailed definition
This metric represents the aerospace segment's share of the net earnings or losses from its equity-method investments, s...
Peer comparison
Standard metric for companies with significant joint venture activity, especially in the aerospace and automotive sectors.
ge_segment_aerospace_equity_method_incomeHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $58.00M | $149.00M | $295.00M |
| YoY Change | — | +156.9% | +98.0% |
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Frequently Asked Questions
- What is General Electric's aerospace — equity method income?
- General Electric (GE) reported aerospace — equity method income of $73.75M in Q4 2023.
- How has General Electric's aerospace — equity method income changed year-over-year?
- General Electric's aerospace — equity method income increased by 98.0% year-over-year, from $37.25M to $73.75M.
- What is the long-term trend for General Electric's aerospace — equity method income?
- Over 2 years (2021 to 2023), General Electric's aerospace — equity method income has grown at a 125.5% compound annual growth rate (CAGR), from $58.00M to $295.00M.
- What does aerospace — equity method income mean?
- The segment's portion of profits or losses from its joint ventures and partnerships.