GE Aerospace (GE) Stock

GE Aerospace (GE) is a Industrials stock trading at $341.54 (as of 2026-07-20), with a market capitalization of $354.37B and a trailing P/E of 39.5. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

GE Aerospace is an American aircraft company, which engages in the provision of jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft. The firm's portfolio of brands includes Avio Aero, Unison, GE Additive, and Dowty Propellers. It operates through the Commercial Engines & Services and Defense & Propulsion Technologies segments. The Commercial Engines & Services segment is involved in the design, development, manufacturing, and servicing of jet engines for commercial airframes, as well as business aviation and aeroderivative applications. The Defense & Propulsion Technologies segment offers defense engines and critical aircraft systems. The company was founded by Thomas Alva Edison in 1878 and is headquartered in Evendale, OH.

Understand GE Aerospace: how it makes money

GE Aerospace builds and services aircraft jet and turboprop engines, it also provides integrated systems for commercial and defense aircraft, and it makes money from selling engines (including new programs) plus services and propulsion technologies tied to the in-service engine installed base.

The profit engine is the combination of new engine demand (orders and revenue) and recurring economics from the large installed base and in-service engines, where utilization is reflected in flight hours and ongoing support is reflected in services spares metrics.

Revenue by segment (latest quarter)
Commercial$6.1B
Defense$2.3B
Renewables$4.2B

Business quality (Strong): The supplied segment data does not reconcile perfectly with the stated aerospace-only segment structure, so investors should validate the latest-quarter segment allocation before drawing strong conclusions from segment mix.

Valuation: At 45× earnings, GE trades 28% above the Electrical Equipment average (35×). Note: one-time items can distort reported P/E.

Bull case

  • Large in-service and installed base: The company reports an installed base of commercial and defense engines (70,000 count) and in-service engines (80,000 count), supporting services-oriented revenue visibility.
  • Demand indicators are tracked via order flow: The company reports GE Aerospace orders (10.6 USD_B), and the company also tracks defense demand through the Defense book-to-bill ratio (1.2).
  • Utilization is measured through flight hours: The company reports Flight hours in operation (2,300,000,000 count), which is a key operating input behind engine usage and the need for maintenance and spares.

Bear case

  • Order and conversion dynamics can change: GE Aerospace orders are an operating metric (10.6 USD_B), and shifts in airline or defense procurement timing can affect future revenue conversion.
  • Services economics depend on customer and spare behavior: The company tracks Spare parts delinquency (70.0 percent), which highlights that parts-related collections or demand quality can become a headwind.
  • Segment mix clarity may be limited in the provided data: The provided segment revenue list needed an extra segment to approximate the stated total revenue (12.4B), which can make it harder for investors to isolate risks and drivers by aerospace sub-business.
Valuation — source: SEC EDGAR (first-party)
Price$341.54
Market Cap$354.37B
P/E Ratio39.5
EV / EBITDA30.8
Price / Book19.83
Price / Sales7.00
FCF Yield2.4%
DCF Value (model)$79.76
DCF Upside vs Price-76.6%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$45.85B
Net Margin19.0%
Revenue Growth (YoY)21.1%
EPS Growth (YoY)19.4%
FCF Growth (YoY)35.2%
Financial Health — source: SEC EDGAR
Altman Z-Score3.50 (safe)
Valuation vs Sector & Industry
Stock P/E39.5
Sector P/E (Industrials)28.4
Industry P/E (Electrical Equipment)41.3
vs Sector39.0%
vs Industry-4.3%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Insider Sells (12mo)9
Top Institutional HolderVANGUARD GROUP INC ($28.56B)
Institutional Holders Tracked10
Congressional Trades (recent)10
Company
SectorIndustrials
IndustryElectrical Equipment
CEOH. Lawrence Culp Jr.
Employees53,000
CountryUS
IPO Date1962-01-02

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GE earnings history · GE institutional & insider holders · GE KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.