Discontinued — last reported Q4 '23
Renewable Energy — Property, plant and equipment additions
General Electric Renewable Energy — Property, plant and equipment additions remained flat by 0.0% to $97.25M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 41.5%, from $68.75M to $97.25M. Over 2 years (FY 2021 to FY 2023), Renewable Energy — Property, plant and equipment additions shows an upward trend with a 5.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Higher spending indicates investment in future growth or modernization, while lower spending may signal capital preservation.
Detailed definition
Capital expenditures directed toward the acquisition or improvement of physical assets such as machinery, factories, and...
Peer comparison
Standard measure of capital intensity for manufacturing and industrial segments.
ge_segment_renewable_energy_property_plant_and_equipment_additionsHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $349.00M | $275.00M | $389.00M |
| YoY Change | — | -21.2% | +41.5% |
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Frequently Asked Questions
- What is General Electric's renewable energy — property, plant and equipment additions?
- General Electric (GE) reported renewable energy — property, plant and equipment additions of $97.25M in Q4 2023.
- How has General Electric's renewable energy — property, plant and equipment additions changed year-over-year?
- General Electric's renewable energy — property, plant and equipment additions increased by 41.5% year-over-year, from $68.75M to $97.25M.
- What is the long-term trend for General Electric's renewable energy — property, plant and equipment additions?
- Over 2 years (2021 to 2023), General Electric's renewable energy — property, plant and equipment additions has grown at a 5.6% compound annual growth rate (CAGR), from $349.00M to $389.00M.
- What does renewable energy — property, plant and equipment additions mean?
- Money spent on new buildings, machinery, or equipment to grow or maintain the business.