General Electric Renewable Energy — Operating Income increased by 28.7% to -$226.00M in Q1 2024 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.
An increase indicates improved operational efficiency or higher margins, while a decrease suggests rising costs or pricing pressures.
This metric represents the net profit or loss generated by the renewable energy business segment after accounting for al...
Peers in the industrial and energy sector typically report this as Segment Operating Profit or Loss.
ge_segment_renewable_energy_operating_income_loss| Q3 '22 | Q1 '23 | Q3 '23 | Q1 '24 | |
|---|---|---|---|---|
| Value | -$934.00M | -$414.00M | -$317.00M | -$226.00M |
| QoQ Change | — | +55.7% | +23.4% | +28.7% |
| YoY Change | — | — | +66.1% | +45.4% |