General Electric Company operates in the Aircraft engines and engine parts sector.
In addition to historical fundamental analyses, the complete report available to purchase compares General Electric Company with three other
aircraft manufacturers in North America:
Lockheed Martin Corporation
sales of $65.40 billion
of which 40%
of which 45%
was Total Defense, Space & Security), and
Raytheon Technologies Corp
of which 32%
was Collins Aerospace Systems).
During the second
quarter of 2021, sales at General Electric Company totalled
an increase of 3.0%
from the $17.75 billion in sales at the company during the second quarter of 2020.
During the first two
quarters of 2021, sales totalled $35.40 billion, which is
than through the first two quarters of 2020.
There appears to be at least some degree of seasonality in the sales at General Electric Company: during 8 of the previous 9
years, sales were highest during the fourth quarter.
The exception to this was during 2015, when the
third quarter was the best quarter, accounting for
27% of sales (during that same year, the
fourth quarter accounted for 20% of sales).
General Electric Company reported sales of $79.62 billion
December of 2020.
decrease of 16.4%
versus 2019, when the company's sales were $95.21 billion.
Contributing to the drop in overall sales was the 37.3% decline
in Aviation, from $32.88 billion to $20.60 billion.
There were also decreases in sales in
Healthcare (down 9.7% to $18.01 billion)
Power (down 7.5% to $17.24 billion)
Ge Capital (down 23.6% to $6.68 billion)
However, these declines were partially offset by the increase in sales of
Renewable Energy (up 1.2% to $15.52 billion)