Recent News
September 16, 2025 — GE Aerospace expanded MRO capacity in Seattle as part of a broader global MRO enhancement program. October 10–14, 2025 — several institutional investors trimmed positions in GE Aerospace; the company also declared a quarterly dividend with a payment date of October 27 and record/ex‑dividend dates in late September. These items dominated headlines over the past 13 weeks.
Technical Analysis
ADX / DI+ / DI-: ADX at 20.65 signals an emerging trend; DI+ registers 20.14 and shows a decreasing pattern, while DI- sits at 15.04 and shows an increasing pattern, a directional split that biases near-term risk toward sellers unless DI+ stabilizes.
MACD: MACD shows a dip & reversal pattern that implies rebuilding bullish momentum, yet MACD remains below its signal line at 3.51 vs. 3.90, tempering immediate upward conviction.
MRO: MRO at 27.48 reads positive, indicating price sits above short-term target levels and faces potential mean-reversion pressure from current levels.
RSI: RSI at 58.72 with a dip & reversal indicates renewed buying momentum without overbought conditions, supporting a constructive short-term tilt.
Price vs. Moving Averages & Ichimoku: Closing price of $310.72 sits above the 20-day average ($308.57), the 50-day average ($298.13), and well above the 200-day average ($245.19), implying an upward bias in trend despite mixed directional indicators; Tenkan at $307.19 and Kijun at $304.08 lie below the close, supporting short-term strength.
Bollinger & Volatility: Price trades close to the upper 1x Bollinger band ($312.29) while 42‑day volatility remains low, suggesting a compressed range that could precede a sharper move once directional conviction returns.
Fundamental Analysis
Earnings & Profitability: EPS arrived at $1.66, beating the $1.47 estimate by $0.19, a 12.93% surprise. EBIT stands at $2.547B and EBITDA at $2.858B. EBIT margin equals 23.11%, which sits above the industry peer mean of 20.495% and below the industry peer high of 29.039%. EBIT margin slipped QoQ by 6.50% but improved YoY by 23.96%.
Revenue & Cash Generation: Total revenue reached $11.022B with reported revenue growth of 10.95%; the reported revenue growth YoY figure reads -125.26%. Operating cash flow measured $2.246B and free cash flow reached $1.919B, producing a free cash flow yield of 0.70%, above the industry peer mean of 0.094%. Free cash flow rose QoQ and YoY, with free cash growth trending positive.
Balance Sheet & Liquidity: Cash and short-term investments total $11.859B against net debt of $8.026B. Current ratio stands at 1.04 and quick ratio at 0.73, both slightly below the industry peer mean levels; the cash conversion cycle of ~124 days sits near the high end of the industry peer range, reflecting elongated working capital timing.
Leverage & Coverage: Total debt equals $18.887B with debt-to-equity approximately 98.70% and debt-to-EBITDA of 6.61. Interest coverage registers 16.12x, well above the industry peer mean of 6.81x, indicating ample capacity to service interest despite leverage metrics that require monitoring.
Returns: Return on equity equals 10.60%, above the industry peer mean of 8.46%. Return on assets at 1.63% and return on invested capital near 5.61% show positive operating returns on the asset base.
Valuation Context: Price multiples sit materially above typical peer levels: trailing P/E ~141.4x versus an industry peer mean ~88.35x, price-to-book ~14.30x versus industry peer mean ~4.15x, and forward P/E ~172.3x versus industry peer mean ~85.49x. The current valuation as determined by WMDST: over-valued, driven by premium multiples relative to peer averages despite solid cash generation and coverage.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-06-30 |
| REPORT DATE: | 2025-10-21 |
| NEXT REPORT DATE: | 2026-01-20 |
| CASH FLOW | Begin Period Cash Flow | $ 13.5 B |
| Operating Cash Flow | $ 2.2 B | |
| Capital Expenditures | $ -327.00 M | |
| Change In Working Capital | $ -205.00 M | |
| Dividends Paid | $ -386.00 M | |
| Cash Flow Delta | $ -1.45 B | |
| End Period Cash Flow | $ 12.1 B | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 11.0 B | |
| Forward Revenue | $ 1.9 B | |
| COSTS | ||
| Cost Of Revenue | $ 6.8 B | |
| Depreciation | $ 218.0 M | |
| Depreciation and Amortization | $ 311.0 M | |
| Research and Development | $ 359.0 M | |
| Total Operating Expenses | $ 8.9 B | |
| PROFITABILITY | ||
| Gross Profit | $ 4.2 B | |
| EBITDA | $ 2.9 B | |
| EBIT | $ 2.5 B | |
| Operating Income | $ 2.1 B | |
| Interest Income | $ 160.0 M | |
| Interest Expense | $ 158.0 M | |
| Net Interest Income | $ 2.0 M | |
| Income Before Tax | $ 2.4 B | |
| Tax Provision | $ 388.0 M | |
| Tax Rate | 16.2 % | |
| Net Income | $ 2.0 B | |
| Net Income From Continuing Operations | $ 2.0 B | |
| EARNINGS | ||
| EPS Estimate | $ 1.47 | |
| EPS Actual | $ 1.66 | |
| EPS Difference | $ 0.19 | |
| EPS Surprise | 12.925 % | |
| Forward EPS | $ 1.31 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 125.3 B | |
| Intangible Assets | $ 13.3 B | |
| Net Tangible Assets | $ 5.8 B | |
| Total Current Assets | $ 37.8 B | |
| Cash and Short-Term Investments | $ 11.9 B | |
| Cash | $ 10.9 B | |
| Net Receivables | $ 8.3 B | |
| Inventory | $ 11.3 B | |
| Long-Term Investments | $ 17.0 B | |
| LIABILITIES | ||
| Accounts Payable | $ 7.3 B | |
| Short-Term Debt | $ 1.9 B | |
| Total Current Liabilities | $ 36.5 B | |
| Net Debt | $ 8.0 B | |
| Total Debt | $ 18.9 B | |
| Total Liabilities | $ 105.9 B | |
| EQUITY | ||
| Total Equity | $ 19.1 B | |
| Retained Earnings | $ 83.7 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 18.04 | |
| Shares Outstanding | 1.060 B | |
| Revenue Per-Share | $ 10.39 | |
| VALUATION | Market Capitalization | $ 273.6 B |
| Enterprise Value | $ 280.6 B | |
| Enterprise Multiple | 98.192 | |
| Enterprise Multiple QoQ | 28.77 % | |
| Enterprise Multiple YoY | 9.762 % | |
| Enterprise Multiple IPRWA | GE: 98.192 high: 85.215 mean: 69.174 median: 62.123 low: 43.071 |
|
| EV/R | 25.461 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 6.546 | |
| Asset To Liability | 1.183 | |
| Debt To Capital | 0.497 | |
| Debt To Assets | 0.151 | |
| Debt To Assets QoQ | -4.364 % | |
| Debt To Assets YoY | 991.89 % | |
| Debt To Assets IPRWA | high: 0.579 median: 0.361 mean: 0.323 low: 0.164 GE: 0.151 |
|
| Debt To Equity | 0.987 | |
| Debt To Equity QoQ | -2.91 % | |
| Debt To Equity YoY | 979.204 % | |
| Debt To Equity IPRWA | high: 3.2 mean: 1.601 median: 1.007 GE: 0.987 low: 0.251 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 14.299 | |
| Price To Book QoQ | 35.04 % | |
| Price To Book YoY | 56.566 % | |
| Price To Book IPRWA | GE: 14.299 high: 9.728 mean: 4.149 median: 2.982 low: 0.685 |
|
| Price To Earnings (P/E) | 141.405 | |
| Price To Earnings QoQ | 10.226 % | |
| Price To Earnings YoY | 8.327 % | |
| Price To Earnings IPRWA | GE: 141.405 high: 121.817 median: 90.846 mean: 88.347 low: 44.486 |
|
| PE/G Ratio | 12.394 | |
| Price To Sales (P/S) | 24.823 | |
| Price To Sales QoQ | 20.977 % | |
| Price To Sales YoY | 32.894 % | |
| Price To Sales IPRWA | high: 30.12 GE: 24.823 mean: 17.131 median: 12.7 low: 0.34 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 172.281 | |
| Forward PE/G | 15.1 | |
| Forward P/S | 144.955 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 0.342 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.088 | |
| Asset Turnover Ratio QoQ | 10.019 % | |
| Asset Turnover Ratio YoY | 39.564 % | |
| Asset Turnover Ratio IPRWA | high: 0.198 median: 0.163 mean: 0.136 GE: 0.088 low: 0.06 |
|
| Receivables Turnover | 1.395 | |
| Receivables Turnover Ratio QoQ | 4.492 % | |
| Receivables Turnover Ratio YoY | 80.08 % | |
| Receivables Turnover Ratio IPRWA | high: 2.944 mean: 1.885 median: 1.747 GE: 1.395 low: 1.015 |
|
| Inventory Turnover | 0.628 | |
| Inventory Turnover Ratio QoQ | 6.16 % | |
| Inventory Turnover Ratio YoY | 52.489 % | |
| Inventory Turnover Ratio IPRWA | high: 1.718 mean: 1.063 median: 0.918 GE: 0.628 low: 0.616 |
|
| Days Sales Outstanding (DSO) | 65.395 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 123.927 | |
| Cash Conversion Cycle Days QoQ | 5.89 % | |
| Cash Conversion Cycle Days YoY | -22.97 % | |
| Cash Conversion Cycle Days IPRWA | high: 125.082 GE: 123.927 median: 63.97 mean: 63.321 low: 17.502 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 8.256 | |
| CapEx To Revenue | -0.03 | |
| CapEx To Depreciation | -1.5 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 36.1 B | |
| Net Invested Capital | $ 38.0 B | |
| Invested Capital | $ 38.0 B | |
| Net Tangible Assets | $ 5.8 B | |
| Net Working Capital | $ 1.3 B | |
| LIQUIDITY | ||
| Cash Ratio | 0.325 | |
| Current Ratio | 1.037 | |
| Current Ratio QoQ | -3.611 % | |
| Current Ratio YoY | -9.103 % | |
| Current Ratio IPRWA | high: 3.906 median: 1.72 mean: 1.346 GE: 1.037 low: 0.464 |
|
| Quick Ratio | 0.727 | |
| Quick Ratio QoQ | -6.196 % | |
| Quick Ratio YoY | -14.624 % | |
| Quick Ratio IPRWA | high: 2.9 median: 1.197 mean: 1.01 GE: 0.727 low: 0.34 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 6.608 | |
| Cost Of Debt | 0.689 % | |
| Interest Coverage Ratio | 16.12 | |
| Interest Coverage Ratio QoQ | 37.892 % | |
| Interest Coverage Ratio YoY | 135.86 % | |
| Interest Coverage Ratio IPRWA | GE: 16.12 high: 14.032 median: 6.981 mean: 6.806 low: 1.207 |
|
| Operating Cash Flow Ratio | 0.034 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 107.384 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 5.254 | |
| Dividend Payout Ratio | 0.19 | |
| Dividend Rate | $ 0.36 | |
| Dividend Yield | 0.001 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 0.913 % | |
| Revenue Growth | 10.952 % | |
| Revenue Growth QoQ | -235.01 % | |
| Revenue Growth YoY | -125.261 % | |
| Revenue Growth IPRWA | GE: 10.952 % high: 7.835 % mean: 4.748 % median: 4.372 % low: -0.8 % |
|
| Earnings Growth | 11.409 % | |
| Earnings Growth QoQ | -11.414 % | |
| Earnings Growth YoY | -75.38 % | |
| Earnings Growth IPRWA | high: 44.0 % GE: 11.409 % mean: 6.44 % median: 2.597 % low: -31.765 % |
|
| MARGINS | ||
| Gross Margin | 37.888 % | |
| Gross Margin QoQ | -4.449 % | |
| Gross Margin YoY | -2.07 % | |
| Gross Margin IPRWA | high: 69.222 % mean: 51.527 % median: 42.528 % GE: 37.888 % low: 9.995 % |
|
| EBIT Margin | 23.108 % | |
| EBIT Margin QoQ | -6.495 % | |
| EBIT Margin YoY | 23.963 % | |
| EBIT Margin IPRWA | high: 29.039 % GE: 23.108 % mean: 20.495 % median: 18.285 % low: 3.949 % |
|
| Return On Sales (ROS) | 19.044 % | |
| Return On Sales QoQ | -22.939 % | |
| Return On Sales YoY | 2.162 % | |
| Return On Sales IPRWA | high: 28.211 % mean: 20.22 % GE: 19.044 % median: 18.017 % low: 4.902 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 1.9 B | |
| Free Cash Flow Yield | 0.701 % | |
| Free Cash Flow Yield QoQ | 9.875 % | |
| Free Cash Flow Yield YoY | 42.48 % | |
| Free Cash Flow Yield IPRWA | high: 1.617 % GE: 0.701 % median: 0.638 % mean: 0.094 % low: -1.442 % |
|
| Free Cash Growth | 47.502 % | |
| Free Cash Growth QoQ | 80.54 % | |
| Free Cash Growth YoY | 2.74 % | |
| Free Cash Growth IPRWA | high: 268.889 % mean: 102.047 % median: 79.112 % GE: 47.502 % low: -452.267 % |
|
| Free Cash To Net Income | 0.946 | |
| Cash Flow Margin | 11.377 % | |
| Cash Flow To Earnings | 0.618 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.04 | |
| Return On Assets (ROA) | 1.626 % | |
| Return On Assets QoQ | 1.625 % | |
| Return On Assets YoY | 84.354 % | |
| Return On Assets IPRWA | high: 3.214 % median: 1.855 % mean: 1.695 % GE: 1.626 % low: 0.032 % |
|
| Return On Capital Employed (ROCE) | 2.869 % | |
| Return On Equity (ROE) | 0.106 | |
| Return On Equity QoQ | 3.144 % | |
| Return On Equity YoY | 55.693 % | |
| Return On Equity IPRWA | high: 0.169 GE: 0.106 mean: 0.085 median: 0.076 low: 0.008 |
|
| DuPont ROE | 10.567 % | |
| Return On Invested Capital (ROIC) | 5.614 % | |
| Return On Invested Capital QoQ | 1.574 % | |
| Return On Invested Capital YoY | -149.805 % | |
| Return On Invested Capital IPRWA | GE: 5.614 % high: 4.883 % median: 3.612 % mean: 3.245 % low: 0.612 % |
|