Industrials · Aerospace & Defense · US stock · price as of 16 Oct 2026
Key indicators
Price
$313.83
52-week range
$268.17 – $388.25
Market cap
$328.6B
P/E (trailing)
37.0×
EV / EBITDA
30.1×
Free-cash-flow yield
2.6%
Dividend yield
0.6%
Revenue (last 12 months)
$50.6B
Revenue growth (3y a year)
16.3%
Operating margin
20.5%
Return on invested capital
32.7%
Net debt / EBITDA
0.9×
Fair value
Blended fair value$112.31 range $105 – $120
Versus priceOvervalued−64% to fair value
Peer multiples
$73.61
Fundamentals-adjusted multiple
$100.43
10-year DCF (market-scaled)
$162.89
Earnings power value (floor, not blended)
$53.87
Model uncertainty
High
X-Ray Score
47/ 100 · High confidence · ahead of 31% of sector peers
Valuation12
Growth82
Profitability46
Financial health55
Dividends52
Five-year price chart navy: price · brown: 200-day average · blue band: fair value range
Executive summary
General Electric, now operating as GE Aerospace, designs and makes jet engines and related systems for commercial and military aircraft. It was reshaped after its energy and health care businesses were separated into independent companies. Customers include airlines, aircraft manufacturers, leasing firms and military customers, and the business is organised into commercial engines and services and defence and propulsion technologies units. Much of its commercial output comes through the CFM International partnership with Safran.
Revenue comes from new engines and from long-term maintenance, spare parts and repair work on engines already flying, which continues for many years. Revenue was $50.6 billion over the last twelve months, with growth of 16.3% a year across the last three years. The operating margin is 20.5%, and the business earns a profit of 33% on the capital invested in it. Net debt is 0.9 times EBITDA. The dividend yield is 0.6%.
StocksXray gives General Electric Co an X-Ray Score of 47 out of 100 (high confidence), ahead of 31% of the S&P 500 stocks in its sector. Its strongest lens is growth (82) and its weakest is valuation (12).
Our fair value blend is $112.31 (range $104.96 to $120.00). At $313.83 the stock trades 179% above that blend, so the label is "Overvalued" with high model uncertainty. Fair value is a range, not a price target.
XStocksXray
General Electric Co (GE)
Valuation history multiples at each fiscal year-end price; the last column uses today's price and the last twelve months
FY2021
FY2022
FY2023
FY2024
FY2025
Now
Price
$57.47
$51.19
$100.19
$165.15
$306.73
$313.83
Market cap
$63.1B
$56.4B
$110.1B
$180.7B
$327.6B
$328.6B
P/E
–
1,023.8×
12.0×
27.6×
37.7×
37.0×
EV / revenue
1.5×
2.3×
3.3×
4.8×
7.3×
6.7×
EV / EBITDA
–
27.8×
10.4×
22.1×
30.9×
30.1×
Price / free cash flow
25.5×
11.6×
25.4×
49.1×
45.1×
39.1×
Free-cash-flow yield
3.9%
8.6%
3.9%
2.0%
2.2%
2.6%
Price / book
2.0×
1.7×
4.0×
9.3×
17.5×
18.6×
Dividend yield
0.56%
0.63%
0.32%
0.68%
0.47%
0.56%
Fundamentals checklist ● 7 Good · ● 3 Average · ● 5 Bad · each check graded against the sector
Cash quality
Earnings backed by cash−0.6%Bad
Free-cash-flow yield2.6%Bad
Risk models
Altman Z score3.0×Average
Piotroski F-Score6 of 9Average
Growth
EPS growth (3y)446.0%Good
Free-cash-flow growth (3y)14.4%Average
Revenue growth (3y)16.3%Good
Growth consistency100%Good
Balance sheet
Current ratio1.0×Bad
Net debt / EBITDA0.9×Good
Interest coverno interest costGood
Valuation
Fair value vs price0.4×Bad
EBIT / EV yield3.1%Bad
Profitability
Return on invested capital32.7%Good
Operating margin20.5%Good
XStocksXray
General Electric Co (GE)
Financials US$ millions, from SEC filings; last column is the last twelve months
Income statement
FY21
FY22
FY23
FY24
FY25
LTM
Revenue
56,469
29,139
35,348
38,702
45,855
50,639
Gross profit
–
–
–
–
–
–
Operating income
-5,695
1,522
10,441
7,620
10,000
10,365
Net income
-6,337
336
9,482
6,556
8,704
8,972
Diluted EPS ($)
-6.00
0.05
8.36
5.99
8.14
8.48
Free cash flow
2,474
4,856
4,327
3,678
7,264
8,396
Gross margin
–
–
–
–
–
–
Operating margin
−10.1%
5.2%
29.5%
19.7%
21.8%
20.5%
Net margin
−11.2%
1.2%
26.8%
16.9%
19.0%
17.7%
Balance sheet
FY21
FY22
FY23
FY24
FY25
LTM
Total assets
205,378
188,851
173,300
123,140
130,169
127,672
Cash
15,174
15,810
15,204
13,619
12,392
9,345
Total debt
35,114
24,059
20,525
19,273
20,519
19,162
Equity
32,044
33,696
27,403
19,342
18,677
17,640
Dividend per share ($)
0.32
0.32
0.32
1.12
1.44
1.66
Revenue and net income US$ billions: navy revenue, teal net income
Every number comes from SEC filings, end-of-day prices and the StocksXray models described on the methodology page. The X-Ray Score ranks each metric against the company's own sector. Fair value blends three models and carries a typical error of about 40%, so treat it as a range. Analyst ratings, price targets and earnings-call summaries are not part of this report. Educational research, not financial advice; read the disclaimer.