GE Aerospace

GE

GE Aerospace

Quarterly revenue, EPS, free cash flow, valuation, and Rule of 40 scores for GE Aerospace.

R40: 43 · 2026 Q2 $351.49B
$335.71
About

GE Aerospace (General Electric Company) designs, manufactures, and services commercial and military aircraft engines and related systems, including the LEAP, GEnx, GE90, and other engine families, as well as avionics and propulsion services. Aftermarket services, spare parts, and long-term service agreements are a large share of revenue.

History ↓ Leadership ↓

News

Coverage

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Open GE Rule of 40 details
Median 33.9 Above 40 0–40 Below 0
23
Q3
24
2024 Q4
24
Q1
39
Q2
42
Q3
31
2025 Q4
37
Q1
43
2026 Q2 40 0 Mix
ANALYST RATINGS
Buy $360
Consensus as of Sep 3, 2026
GE
Seaport Research Partners Buy $375
Initiated
2026-05-27
Wells Fargo Overweight $325
Initiated
2026-04-01
Daiwa Securities Neutral $301
Initiated
2026-03-31
Morgan Stanley Overweight $425
Initiated
2026-02-20
Citigroup Buy $386
Initiated
2025-12-12

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Forward model

Where the revenue goes next

GE FORWARD MODEL $249.51 -26%
Earnings coverage

Latest earnings

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Background

Company History

Exchange
NYSE
IPO Date
1892
Shares Outstanding
1.05B
1892
General Electric Formed

Edison General Electric and Thomson-Houston merge to form General Electric Company, which lists on the New York Stock Exchange and becomes one of the twelve original Dow components four years later.

1942
America's First Jet Engine

GE builds the I-A, the first jet engine made in the United States, beginning the aviation business that eventually becomes the whole company.

2018
Larry Culp Takes Over

H. Lawrence Culp, Jr. becomes the first chief executive hired from outside GE, inheriting a balance sheet the company spends the next several years shrinking.

2021
The Three-Way Split Announced

GE announces it will separate into three public companies covering aviation, healthcare and energy, ending the conglomerate.

2023
GE HealthCare Spun Off

GE HealthCare begins trading on 3 January 2023, and the healthcare results are reclassified into discontinued operations across the comparative periods.

2024
GE Vernova Spun Off and the Company Becomes GE Aerospace

The power, wind and electrification businesses separate as GE Vernova on 2 April 2024; the remaining registrant, still General Electric Company, trades and brands as GE Aerospace and recasts its history to continuing operations.

2026
Backlog Passes $210 Billion

Second-quarter revenue rises 21% to $13.3 billion on 32% first-half commercial services growth, LEAP deliveries rise 41%, and full-year guidance is raised across every line.

Leadership

Key Players

H. Lawrence Culp, Jr.
Chairman & Chief Executive Officer
H. Lawrence Culp, Jr.
Signs GE Aerospace's filings as Chairman and CEO. He arrived in October 2018 as the first outsider to run General Electric, having spent thirteen years building Danaher, and spent his first years cutting debt and then dismantling the conglomerate into three listed companies. What is left under him is the jet-engine business, run on a lean operating system the company calls FLIGHT DECK; his public argument is that the constraint on growth is material input from suppliers rather than demand, and that time-on-wing improvements on the LEAP fleet are what convert a backlog of more than $210 billion into services revenue.

The CEO view — 3 podcasts, interviews & articles →

Rahul Ghai
Chief Financial Officer
Certifies the 10-Q as CFO. He was CFO of Otis Worldwide from its 2020 separation until he joined GE in 2023 and took the parent's CFO seat on 1 September 2023, then carried the role through the GE Vernova spin-off into GE Aerospace. He owns the guidance framework the company raises in adjusted terms — adjusted EPS, operating profit and a non-GAAP free cash flow that runs above the GAAP-minus-capex figure used on this site.
Robert Giglietti
VP, Chief Accounting Officer, Controller and Treasurer
Principal accounting officer; signs the quarterly reports. His office is the one that recast four years of GE's income statements onto a continuing-operations basis as GE HealthCare and GE Vernova left, which is why the pre-2024 figures on this page differ from what GE originally reported for the same quarters.
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