1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
Capital Allocation
INVESTOR
We believe Larry Culp is engineering a successful turnaround of General Electric, yet investors assign little value to GE Vernova. While most of the easy share gains following the spinoff of GE HealthCare are gone, we think there's still upside in GE's turnaround story, particularly with the passage of the Inflation Reduction Act. We also believe the shares have unfairly priced in some deal limbo before the Vernova spinoff planned for early 2024.
GE was formed through the combination of two companies in 1892, including one with historical ties to American inventor Thomas Edison. Today, GE is a global leader in air travel and in the energy transition. The company is known for its differentiated technology and its massive industrial installed base of equipment sprawled throughout the world. That installed base most notably includes aerospace engines, gas and steam turbines, and onshore and offshore wind turbines. GE earns most of its profits on the service revenue of that equipment, which is generally higher-margin. The company is led by former Danaher alumnus Larry Culp, who is leading a multiyear turnaround of the storied conglomerate based on lean principles.
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of GE’s competitive advantage.
General Electric Co
XNYS: GE
| Raytheon Technologies Corp
XNYS: RTX
| Rolls-Royce Holdings PLC
XLON: RR.
| Vestas Wind Systems A/S
XCSE: VWS
| |
Price
| 106.30 | 99.34 | 149.25 | 198.66 |
Currency
| USD | USD | GBX | DKK |
Change
| +$0.23 (0.22%) | +$0.26 (0.26%) | −$0.20 (0.13%) | −$3.39 (1.68%) |
Market Cap
| 115.76 Bil | 145.15 Bil | 1.25 Tril | 200.50 Bil |
Industry
| Specialty Industrial Machinery | Aerospace & Defense | Aerospace & Defense | Specialty Industrial Machinery |
Sector
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Industrials
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Industrials
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Industrials
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Industrials
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* Trading data in this section is delayed by at least 15 minutes.
Yes. GE has a forward dividend yield of 0.30%.
See
GE’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
GE’s market cap is 115.76 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
GE’s stock style is Large Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
GE’s price/sales is 1.57.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
GE’s price/forward earnings is 15.59.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
GE’s price/book is 3.66.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See GE’s valuation ratios compared to the Market Index.
GE’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare GE’s historical performance against its industry peers and the overall market.
