Business Segments · Gross profit (loss)
Aerospace — Gross profit (loss)
General Electric Aerospace — Gross profit (loss) decreased by 4.3% to $1.53B in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 15.3%, from $1.33B to $1.53B. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2025
Last reportedQ1 2026
Rolls up toGross Profit
How to read this metric
Higher gross profit indicates efficient production and strong pricing power, while lower profit suggests rising input costs or margin compression.
Detailed definition
The difference between total aerospace segment revenue and the direct costs associated with manufacturing and servicing...
Peer comparison
Standard measure of operational efficiency across manufacturing sectors.
Metric ID:
ge_segment_aerospace_gross_profit_lossHistorical 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 | $176.00M | $846.00M | $908.00M | $1.15B | $1.28B | $1.44B | $1.33B | $1.48B | $1.71B | $1.60B | $1.53B |
| QoQ Change | — | +380.7% | +7.3% | +26.4% | +11.8% | +11.8% | -7.6% | +11.5% | +15.8% | -6.7% | -4.3% |
| YoY Change | — | — | — | +552.3% | +51.8% | — | +46.0% | +28.8% | +33.3% | +11.4% | +15.3% |
Range$176.00M – $1.71B
CAGR+137.4%
Avg YoY Growth+105.6%
Median YoY Growth+33.3%
Current Streak2 quarters decline
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Frequently Asked Questions
- What is General Electric's aerospace — gross profit (loss)?
- General Electric (GE) reported aerospace — gross profit (loss) of $1.53B in Q1 2024.
- How has General Electric's aerospace — gross profit (loss) changed year-over-year?
- General Electric's aerospace — gross profit (loss) increased by 15.3% year-over-year, from $1.33B to $1.53B.
- What does aerospace — gross profit (loss) mean?
- Revenue minus the direct costs of producing and servicing aerospace equipment.