Operating Income
Gross Profit
General Electric Gross Profit increased by 12.0% to $4.05B in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 26.6%, from $3.20B to $4.05B. Over 3 years (FY 2021 to FY 2024), Gross Profit shows a downward trend with a -10.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ4 2013
Last reportedQ4 2025
How to read this metric
Higher gross profit indicates a strong ability to command premium pricing and manage production costs effectively.
Detailed definition
The profit a company makes after deducting the costs associated with making and selling its products, or the costs assoc...
Peer comparison
Premium hardware brands aim for higher gross profit margins than commodity electronics manufacturers.
Metric ID:
gross_profitHistorical Data
15 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.64B | $5.17B | $5.97B | $2.90B | $3.60B | $2.94B | $4.39B | $2.84B | $3.06B | $3.31B | $3.20B | $3.21B | $3.52B | $3.62B | $4.05B |
| QoQ Change | — | +11.5% | +15.4% | -51.4% | +24.2% | -18.5% | +49.5% | -35.3% | +7.9% | +8.1% | -3.3% | +0.3% | +9.7% | +2.7% | +12.0% |
| YoY Change | — | — | — | — | -22.3% | -43.2% | -26.4% | -2.2% | -15.0% | +12.7% | -27.1% | +13.0% | +15.0% | +9.2% | +26.6% |
Range$2.84B – $5.97B
CAGR-3.8%
Avg YoY Growth-5.4%
Median YoY Growth-2.2%
Current Streak4 quarters growth
Gross Profit at Other Companies
Frequently Asked Questions
- What is General Electric's gross profit?
- General Electric (GE) reported gross profit of $4.05B in Q4 2024.
- How has General Electric's gross profit changed year-over-year?
- General Electric's gross profit increased by 26.6% year-over-year, from $3.20B to $4.05B.
- What is the long-term trend for General Electric's gross profit?
- Over 3 years (2021 to 2024), General Electric's gross profit has grown at a -10.8% compound annual growth rate (CAGR), from $20.30B to $14.40B.
- What does gross profit mean?
- The money left over from sales after paying for the direct cost of goods sold.