Discontinued — last reported Q1 '24
Business Segments · Progress collections
Renewable Energy — Progress collections
General Electric Renewable Energy — Progress collections increased by 9.7% to $7.55B in Q1 2024 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2017
Last reportedQ1 2024
Rolls up toProgress collections (Note 8)
How to read this metric
Higher collections indicate successful project execution and strong cash flow generation from ongoing work.
Detailed definition
Represents cash collected from customers based on the achievement of specific project milestones or progress toward comp...
Peer comparison
Similar to 'Progress Billings' or 'Milestone Payments' in construction and defense industries.
Metric ID:
ge_segment_renewable_energy_progress_collectionsHistorical Data
5 periods
| Q4 '22 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|
| Value | $5.20B | $5.27B | $4.94B | $6.89B | $7.55B |
| QoQ Change | — | +1.4% | -6.3% | +39.4% | +9.7% |
| YoY Change | — | — | — | +32.6% | — |
Range$4.94B – $7.55B
CAGR+45.4%
Avg YoY Growth+32.6%
Median YoY Growth+32.6%
Current Streak2 quarters growth
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Frequently Asked Questions
- What is General Electric's renewable energy — progress collections?
- General Electric (GE) reported renewable energy — progress collections of $7.55B in Q1 2024.
- What does renewable energy — progress collections mean?
- Cash received from customers as specific project milestones are reached.