General Electric Power — Operating Income decreased by 3.8% to $229.00M in Q1 2024 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher operating income indicates improved margins, cost control, or increased sales volume within the segment.
Measures the profitability of the Power segment's core operations by subtracting operating expenses from total revenues....
Equivalent to 'Segment Operating Profit' reported by all major industrial and manufacturing competitors.
ge_segment_power_operating_income_loss| Q3 '22 | Q1 '23 | Q3 '23 | Q1 '24 | |
|---|---|---|---|---|
| Value | $141.00M | $75.00M | $238.00M | $229.00M |
| QoQ Change | — | -46.8% | +217.3% | -3.8% |
| YoY Change | — | — | +68.8% | +205.3% |