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General Electric GE Pension Expense

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Other financials

Income statement

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Revenue$13.3B+21.1%
Gross profit$4.1B+26.6%
Net income$2.4B+16.9%
EPS (diluted)$2.26+19.6%

Balance sheet

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Cash & equivalents$9.3B-14.0%
Total debt$17.4B+0.8%
Total equity$17.6B-7.8%
Total assets$127.67B+1.9%

Cash flow

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Operating cash flow$3.2B+42.3%
CapEx$335.0M+2.4%
Free cash flow$2.9B+49.0%

Valuation

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Market cap$395.54B+37.0%
Enterprise value$403.64B+36.7%
P/E44.1×+6.9×
P/S7.8×+0.9×

Profitability

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Gross margin37.2%+2.1pp
Net margin17.7%-0.9pp
FCF margin16.6%+3.4pp

Returns & leverage

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Return on equity48.8%+7.7pp
Debt / equity+0.1×
Current ratio-0.1×

Where this comes from

Reported directly by General Electric in its filing.

Tagged under the XBRL concept us-gaap:PensionExpenseReversalOfExpenseNoncash.

The source filing: General Electric’s 10-K, filed January 29, 2026.

Filed
Jan 29, 2026, 6:32 AM EST
Fiscal year
FY2025
Accession
0000040545-26-000008
STATEMENT OF CASH FLOWS / For the years ended December 31 (In millions)202520242023
Amortization of intangible assets (Note 7)357350382
Goodwill impairments (Note 7)251
(Gains) losses on equity securities (Note 19)(508)(719)(5,846)
Principal pension plans (benefit) cost (Note 13)(655)(653)(755)
Principal pension plans employer contributions(211)(210)(184)
Other postretirement benefit plans (net)(230)(299)(348)
Provision (benefit) for income taxes (Note 15)1,405962994
Cash recovered (paid) during the year for income taxes (Note 15)(739)(334)(1,041)

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FAQ

What is General Electric's pension expense?
General Electric (GE) reported pension expense of -$167M in Q4 2025.
How has General Electric's pension expense changed year-over-year?
General Electric's pension expense decreased by 3.1% year-over-year, from -$162M to -$167M.
What is the long-term trend for General Electric's pension expense?
Over 3 years (2022 to 2025), General Electric's pension expense has grown at a 29.0% compound annual growth rate (CAGR), from $305M to -$655M.
What does pension expense mean?
Non-cash pension and postretirement benefit expense that exceeds or falls short of cash contributions to the plans.

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