GE Aerospace
General Electric Company, doing business as GE Aerospace, designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and aircraft systems. The company operates through two segments, Commercial Engines & Services, and Defense & Propulsion Technologies. The Commercial Engines & Services segment designs, develops, manufactures, maintenance, repair, an… Read more
GE Aerospace (GE) - Net Assets
Latest net assets as of December 2025: $18.90 Billion USD
Based on the latest financial reports, GE Aerospace (GE) has net assets worth $18.90 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($130.17 Billion) and total liabilities ($111.27 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $18.90 Billion |
| % of Total Assets | 14.52% |
| Annual Growth Rate | 0.77% |
| 5-Year Change | -54.74% |
| 10-Year Change | -75.61% |
| Growth Volatility | 17.1 |
GE Aerospace - Net Assets Trend (1985–2025)
This chart illustrates how GE Aerospace's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for GE Aerospace (1985–2025)
The table below shows the annual net assets of GE Aerospace from 1985 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $18.90 Billion | -3.40% |
| 2024-12-31 | $19.57 Billion | -31.60% |
| 2023-12-31 | $28.61 Billion | -18.07% |
| 2022-12-31 | $34.91 Billion | -16.40% |
| 2021-12-31 | $41.76 Billion | +11.18% |
| 2020-12-31 | $37.56 Billion | +26.04% |
| 2019-12-31 | $29.80 Billion | -42.14% |
| 2018-12-31 | $51.50 Billion | -33.02% |
| 2017-12-31 | $76.89 Billion | -0.79% |
| 2016-12-31 | $77.50 Billion | -22.65% |
| 2015-12-31 | $100.20 Billion | -26.82% |
| 2014-12-31 | $136.93 Billion | +0.11% |
| 2013-12-31 | $136.78 Billion | +6.47% |
| 2012-12-31 | $128.47 Billion | +8.75% |
| 2011-12-31 | $118.13 Billion | -4.88% |
| 2010-12-31 | $124.20 Billion | -0.75% |
| 2009-12-31 | $125.14 Billion | +10.14% |
| 2008-12-31 | $113.61 Billion | -8.05% |
| 2007-12-31 | $123.56 Billion | +3.06% |
| 2006-12-31 | $119.89 Billion | +2.12% |
| 2005-12-31 | $117.41 Billion | -7.31% |
| 2004-12-31 | $126.67 Billion | +49.09% |
| 2003-12-31 | $84.96 Billion | +22.81% |
| 2002-12-31 | $69.18 Billion | +15.22% |
| 2001-12-31 | $60.04 Billion | +8.32% |
| 2000-12-31 | $55.43 Billion | +16.03% |
| 1999-12-31 | $47.77 Billion | +10.70% |
| 1998-12-31 | $43.16 Billion | +13.21% |
| 1997-12-31 | $38.12 Billion | +11.68% |
| 1996-12-31 | $34.13 Billion | +4.81% |
| 1995-12-31 | $32.56 Billion | +15.34% |
| 1994-12-31 | $28.23 Billion | +2.74% |
| 1993-12-31 | $27.48 Billion | +10.79% |
| 1992-12-31 | $24.80 Billion | +8.30% |
| 1991-12-31 | $22.90 Billion | +0.05% |
| 1990-12-31 | $22.89 Billion | +4.57% |
| 1989-12-31 | $21.89 Billion | +18.55% |
| 1988-12-31 | $18.47 Billion | +12.05% |
| 1987-12-31 | $16.48 Billion | +9.07% |
| 1986-12-31 | $15.11 Billion | +8.67% |
| 1985-12-31 | $13.90 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to GE Aerospace's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 574.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $87.66 Billion | 469.36% |
| Common Stock | $15.00 Million | 0.08% |
| Other Comprehensive Income | $-4.80 Billion | -25.69% |
| Total Equity | $18.68 Billion | 100.00% |
GE Aerospace Competitors by Market Cap
The table below lists competitors of GE Aerospace ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Advanced Micro Devices Inc
NASDAQ:AMD
|
$318.73 Billion |
|
Palantir Technologies Inc.
NASDAQ:PLTR
|
$321.50 Billion |
|
Palantir Technologies Inc. Class A Common Stock
NYSE:PLTR
|
$324.25 Billion |
|
Caterpillar Inc
NYSE:CAT
|
$325.48 Billion |
|
Cisco Systems Inc
NASDAQ:CSCO
|
$309.49 Billion |
|
The Coca-Cola Company
NYSE:KO
|
$301.07 Billion |
|
AstraZeneca PLC
NASDAQ:AZN
|
$296.35 Billion |
|
Merck & Company Inc
NYSE:MRK
|
$286.04 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GE Aerospace's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 19,342,000,000 to 18,677,000,000, a change of -665,000,000 (-3.4%).
- Net income of 8,704,000,000 contributed positively to equity growth.
- Dividend payments of 1,452,000,000 reduced retained earnings.
- Share repurchases of 7,551,000,000 reduced equity.
- Other comprehensive income decreased equity by 25,202,000,000.
- Other factors increased equity by 24,836,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $8.70 Billion | +46.6% |
| Dividends Paid | $1.45 Billion | -7.77% |
| Share Repurchases | $7.55 Billion | -40.43% |
| Other Comprehensive Income | $-25.20 Billion | -134.94% |
| Other Changes | $24.84 Billion | +132.98% |
| Total Change | $- | -3.44% |
Book Value vs Market Value Analysis
This analysis compares GE Aerospace's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 17.37x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 29.02x to 17.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $10.48 | $304.00 | x |
| 1986-12-31 | $11.16 | $304.00 | x |
| 1987-12-31 | $12.44 | $304.00 | x |
| 1988-12-31 | $13.53 | $304.00 | x |
| 1989-12-31 | $15.27 | $304.00 | x |
| 1990-12-31 | $16.53 | $304.00 | x |
| 1991-12-31 | $17.11 | $304.00 | x |
| 1992-12-31 | $18.27 | $304.00 | x |
| 1993-12-31 | $19.65 | $304.00 | x |
| 1994-12-31 | $20.59 | $304.00 | x |
| 1995-12-31 | $23.45 | $304.00 | x |
| 1996-12-31 | $24.62 | $304.00 | x |
| 1997-12-31 | $27.45 | $304.00 | x |
| 1998-12-31 | $31.14 | $304.00 | x |
| 1999-12-31 | $34.06 | $304.00 | x |
| 2000-12-31 | $40.16 | $304.00 | x |
| 2001-12-31 | $43.63 | $304.00 | x |
| 2002-12-31 | $50.82 | $304.00 | x |
| 2003-12-31 | $62.87 | $304.00 | x |
| 2004-12-31 | $84.47 | $304.00 | x |
| 2005-12-31 | $82.44 | $304.00 | x |
| 2006-12-31 | $86.45 | $304.00 | x |
| 2007-12-31 | $90.47 | $304.00 | x |
| 2008-12-31 | $82.92 | $304.00 | x |
| 2009-12-31 | $88.40 | $304.00 | x |
| 2010-12-31 | $89.08 | $304.00 | x |
| 2011-12-31 | $88.10 | $304.00 | x |
| 2012-12-31 | $93.17 | $304.00 | x |
| 2013-12-31 | $101.52 | $304.00 | x |
| 2014-12-31 | $101.28 | $304.00 | x |
| 2015-12-31 | $78.51 | $304.00 | x |
| 2016-12-31 | $66.42 | $304.00 | x |
| 2017-12-31 | $51.87 | $304.00 | x |
| 2018-12-31 | $28.54 | $304.00 | x |
| 2019-12-31 | $25.95 | $304.00 | x |
| 2020-12-31 | $32.46 | $304.00 | x |
| 2021-12-31 | $36.71 | $304.00 | x |
| 2022-12-31 | $30.74 | $304.00 | x |
| 2023-12-31 | $24.93 | $304.00 | x |
| 2024-12-31 | $17.68 | $304.00 | x |
| 2025-12-31 | $17.50 | $304.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GE Aerospace utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 46.60%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.98%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 6.97x
- Recent ROE (46.60%) is above the historical average (13.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 16.80% | 8.26% | 1.07x | 1.90x | $945.60 Million |
| 1986 | 16.49% | 7.08% | 1.02x | 2.29x | $981.10 Million |
| 1987 | 12.86% | 5.39% | 1.01x | 2.36x | $471.00 Million |
| 1988 | 18.34% | 8.73% | 0.35x | 6.00x | $1.54 Billion |
| 1989 | 18.86% | 7.31% | 0.42x | 6.14x | $1.85 Billion |
| 1990 | 19.85% | 7.46% | 0.37x | 7.10x | $2.13 Billion |
| 1991 | 12.16% | 4.44% | 0.35x | 7.76x | $467.70 Million |
| 1992 | 20.14% | 8.40% | 0.29x | 8.22x | $2.38 Billion |
| 1993 | 16.71% | 7.21% | 0.24x | 9.74x | $1.73 Billion |
| 1994 | 17.91% | 7.97% | 0.30x | 7.37x | $2.09 Billion |
| 1995 | 22.20% | 9.49% | 0.30x | 7.70x | $3.61 Billion |
| 1996 | 23.39% | 9.27% | 0.29x | 8.75x | $4.17 Billion |
| 1997 | 23.82% | 9.26% | 0.29x | 8.83x | $4.76 Billion |
| 1998 | 23.91% | 9.25% | 0.28x | 9.15x | $5.41 Billion |
| 1999 | 25.18% | 9.60% | 0.28x | 9.52x | $6.46 Billion |
| 2000 | 25.22% | 9.81% | 0.30x | 8.65x | $7.69 Billion |
| 2001 | 24.96% | 10.82% | 0.26x | 9.03x | $8.20 Billion |
| 2002 | 22.16% | 10.68% | 0.23x | 9.03x | $7.75 Billion |
| 2003 | 19.24% | 13.50% | 0.17x | 8.18x | $7.32 Billion |
| 2004 | 15.56% | 12.78% | 0.18x | 6.80x | $6.13 Billion |
| 2005 | 15.29% | 12.24% | 0.20x | 6.30x | $5.78 Billion |
| 2006 | 18.47% | 13.68% | 0.21x | 6.39x | $9.51 Billion |
| 2007 | 19.22% | 12.88% | 0.21x | 7.07x | $10.65 Billion |
| 2008 | 16.63% | 9.59% | 0.22x | 7.86x | $6.94 Billion |
| 2009 | 9.40% | 7.03% | 0.19x | 6.89x | $-704.10 Million |
| 2010 | 9.79% | 7.75% | 0.20x | 6.32x | $-246.00 Million |
| 2011 | 12.15% | 10.00% | 0.19x | 6.42x | $2.51 Billion |
| 2012 | 11.09% | 9.46% | 0.20x | 5.83x | $1.34 Billion |
| 2013 | 10.00% | 11.86% | 0.16x | 5.24x | $400.00K |
| 2014 | 11.89% | 13.09% | 0.17x | 5.28x | $2.42 Billion |
| 2015 | -6.23% | -5.32% | 0.23x | 5.02x | $-15.96 Billion |
| 2016 | 9.89% | 6.28% | 0.33x | 4.82x | $-80.00 Million |
| 2017 | -15.14% | -8.55% | 0.26x | 6.83x | $-14.09 Billion |
| 2018 | -72.11% | -23.04% | 0.31x | 9.97x | $-25.45 Billion |
| 2019 | -17.59% | -5.52% | 0.34x | 9.40x | $-7.81 Billion |
| 2020 | 16.04% | 7.52% | 0.30x | 7.21x | $2.15 Billion |
| 2021 | -15.72% | -11.22% | 0.28x | 4.93x | $-10.37 Billion |
| 2022 | 0.87% | 0.38% | 0.41x | 5.60x | $-3.08 Billion |
| 2023 | 34.60% | 26.82% | 0.20x | 6.43x | $6.74 Billion |
| 2024 | 33.90% | 16.94% | 0.31x | 6.50x | $4.62 Billion |
| 2025 | 46.60% | 18.98% | 0.35x | 6.97x | $6.84 Billion |
Industry Comparison
This section compares GE Aerospace's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $121,635,637
- Average return on equity (ROE) among peers: -1.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GE Aerospace (GE) | $18.90 Billion | 16.80% | 5.89x | $317.73 Billion |
| Alabama Aircraft Industries Inc (AAIIQ) | $12.51 Million | 89.71% | 5.45x | $0.94 |
| AAC Clyde Space AB (ACCMF) | $43.41 Million | -62.42% | 0.38x | $49.09 Million |
| Archer Aviation Inc (ACHR) | $493.30 Million | -64.32% | 0.16x | $3.35 Billion |
| American Defense Systems Inc (ADFS) | $10.04 Million | -16.29% | 1.51x | $4.85K |
| AAR Corp (AIR) | $585.25 Million | 12.84% | 1.33x | $4.04 Billion |
| Air Industries Group (AIRI) | $-774.42K | 0.00% | 0.00x | $12.27 Million |
| AIRO Group Holdings, Inc. Common Stock (AIRO) | $-106.24 Million | 0.00% | 0.00x | $159.98 Million |
| Philly Shipyard ASA (AKRRF) | $138.18 Million | 9.85% | 0.94x | $13.32 Million |
| ASI Aviation Inc (ASAV) | $-10.83 | 0.00% | 0.00x | $2.48 Million |
| Astronics Corporation (ATRO) | $40.67 Million | 15.98% | 0.75x | $2.29 Billion |