General Electric Company operates in the Turbines and turbine generator sets sector.
In addition to historical fundamental analyses, the complete report available to purchase compares General Electric with three other
large diversified multinational conglomerates:
sales of 55.21 billion Swedish Kronor [US$5.73 billion]
of which 77%
was Patricia Industries),
(2018 sales: 83.04 billion Euro [US$92.48 billion]
of which 16%
was Siemens Healthineers), and
based in Japan
(2019 sales of 8.00 trillion Japanese Yen [US$75.55 billion]
of which 36%
was Automotive & Industrial Systems).
Note: not all of these companies have the same fiscal year: the most recent data for each company are being used.
General Electric reported sales of $121.62 billion
December of 2018.
a very small
increase of 1.0%
versus 2017, when the company's sales were $120.47 billion.
This was the third consecutive year of growth at General Electric.
Sales of Oil and Gas saw an increase
that was more than double the company's growth rate: sales were up
35.6% in 2018, from
$16.58 billion to $22.50 billion.
General Electric also saw significant increases in sales in
Aviation (up 12.4% to $30.12 billion)
Healthcare (up 3.5% to $19.77 billion)
Ge Capital (up 9.6% to $8.17 billion)
Not all segments of General Electric experienced an increase in sales in 2018:
sales of Power fell 26.3% to $25.51 billion.
General Electric also experienced decreases in sales in
Renewable Energy (down 6.9% to $9.51 billion)
Transportation System (down 7.1% to $3.87 billion)
Lighting (down 12.0% to $1.72 billion)