Ge Aerospace(Ge) Financials: Net Profit Margin Compared To Industry Average, Plus Other Key Ratios

Company Report for GE

Report - net profit margin

This chart shows the historical trend of net profit margin for GE compared to its industry average over the recent years.

Ratio Definition and Interpretation

Name: Net Profit Margin

Definition: Net profit margin shows how much profit remains after paying all costs — including operating expenses, interest, and taxes — for every dollar of sales. A higher margin means the business is efficient and keeps more of its sales as bottom-line profit. Falling margins may signal rising costs or pricing pressure.

Interpretation:
• In '2021', GE's net profit margin was -11.2%, measuring the overall profitability of the company. Industry average for Consumer Electronics/Appliances in '2021' stood at -2.5%.
• In '2022', GE's net profit margin was 1.1%, measuring the overall profitability of the company. The increase since '2021' reflects strengthening financial performance. Industry average for Consumer Electronics/Appliances in '2022' stood at -11.6%. Industry average declined by 9.1% from previous year.
• In '2023', GE's net profit margin was 26.8%, measuring the overall profitability of the company. The increase since '2022' reflects strengthening financial performance. Industry average for Consumer Electronics/Appliances in '2023' stood at -6.1%. Industry average increased by 5.6% compared to previous year.
• In '2024', GE's net profit margin was 16.9%, measuring the overall profitability of the company. The decline from '2023' may indicate some operational or financial challenges. Industry average for Consumer Electronics/Appliances in '2024' stood at -49.8%. Industry average declined by 43.8% from previous year.
Overall, GE's net profit margin has been volatile but showed an upward trend over the past 4 years.

Formula: Net Profit Margin = Net Income / Revenue

Good Range: Ranges 5%-20% for many industries.