Power — Equity method income
General Electric Power — Equity method income remained flat by 0.0% to $19.50M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 12.4%, from $22.25M to $19.50M. Over 2 years (FY 2021 to FY 2023), Power — Equity method income shows an upward trend with a 84.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Higher income indicates strong performance from joint ventures, while losses signal operational challenges within those partnerships.
Detailed definition
This reflects the Power segment's share of the net earnings or losses generated by its equity-method investees. It repre...
Peer comparison
Standard for companies with complex global supply chains or joint venture structures; compared against total segment operating income.
ge_segment_power_equity_method_incomeHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $23.00M | $89.00M | $78.00M |
| YoY Change | — | +287.0% | -12.4% |
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Frequently Asked Questions
- What is General Electric's power — equity method income?
- General Electric (GE) reported power — equity method income of $19.50M in Q4 2023.
- How has General Electric's power — equity method income changed year-over-year?
- General Electric's power — equity method income decreased by 12.4% year-over-year, from $22.25M to $19.50M.
- What is the long-term trend for General Electric's power — equity method income?
- Over 2 years (2021 to 2023), General Electric's power — equity method income has grown at a 84.2% compound annual growth rate (CAGR), from $23.00M to $78.00M.
- What does power — equity method income mean?
- The segment's portion of profits or losses from companies it partially owns.