GE Aerospace (GE) quarterly cash flow statement — complete operating, investing & financing history
GE Aerospace (GE) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | -1.61B | 1.82B | 2.23B | 2.56B | 2.25B | 1.51B | 1.3B | 1.51B | 913M | 992M | 3.14B | 1.82B | 485M | -259M | 4.5B | 1.42B | 550M | -556M | 2.43B | 2.34B |
| Operating CF Margin % | -12.06% | 14.71% | 17.5% | 20.91% | 20.38% | 15.19% | 12% | 15.32% | 10.04% | 11.08% | 16.17% | 19.6% | 5.54% | -1.79% | 20.65% | 9.83% | 3.89% | -4.39% | 11.94% | 12.61% |
| Operating CF Growth % | -171.68% | 20.81% | 71.63% | 69.5% | 146% | 52.12% | -58.71% | -17.28% | 88.25% | 483.01% | -30.18% | 28.11% | -11.82% | 53.42% | 84.99% | -39.21% | 6.18% | 71.62% | -33.08% | 75.36% |
| Net Income | 2.36B | 1.92B | 2.57B | 2.15B | 2B | 1.97B | 1.9B | 1.7B | 1.32B | 1.52B | 1.59B | 161M | 1.06B | 6.22B | 2.88B | -160M | -772M | -1.01B | -3.84B | 1.26B |
| Depreciation & Amortization | 313M | 312M | 307M | 303M | 311M | 299M | 298M | 313M | 50M | 290M | 534M | 527M | 511M | 507M | 736M | 644M | 516M | 1.49B | 759M | 726M |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 33M | 0 | 0 | 0 | 360M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 370M | 0 |
| Deferred Taxes | 658M | 0 | -1.01B | 344M | 388M | 283M | 395M | 65M | 125M | 213M | 421M | 138M | 332M | 271M | -65M | 21M | 316M | 204M | 37M | 2M |
| Other Non-Cash Items | -4.69B | -866M | 832M | -266M | -248M | -1.23B | -868M | -419M | -106M | -889M | -1.38B | 589M | -1.47B | -6.82B | -1.75B | 1.08B | 983M | -255M | 5.85B | 1.53B |
| Working Capital Changes | -244M | 457M | -470M | 21M | -205M | 184M | -457M | -147M | -476M | -145M | 1.62B | 408M | 51M | -441M | 2.69B | -159M | -493M | -976M | -742M | -1.17B |
| Change in Receivables | 709M | -709M | -1.06B | -113M | -942M | -326M | 757M | -864M | -56M | 163M | -953M | 94M | -510M | 536M | 366M | -1.34B | -648M | -749M | -1.05B | 123M |
| Change in Inventory | -109M | -534M | -194M | -393M | -670M | -724M | 1.42B | -215M | 15M | -1.22B | 696M | -418M | -527M | -1.27B | 433M | -428M | -1.14B | -990M | 482M | 146M |
| Change in Payables | 188M | 668M | 495M | 3M | 789M | 706M | -530M | 133M | 316M | 111M | -107M | 511M | 565M | -201M | 0 | 661M | 1.4B | 75M | 698M | -367M |
| Cash from Investing | -944M | -919M | 67M | -368M | -535M | -317M | 321M | 1.49B | -4.29B | 808M | 1.68B | 2.45B | 1.63B | -1.8B | 678M | 67M | 1.97B | -444M | 21.08B | 332M |
| Capital Expenditures | -335M | -331M | -431M | -307M | -327M | -208M | -267M | -266M | -78M | -421M | -530M | -402M | -364M | -299M | -414M | -327M | -345M | -363M | -388M | -325M |
| CapEx % of Revenue | 2.51% | 2.67% | 3.39% | 2.51% | 2.97% | 2.09% | 2.47% | 2.7% | 0.86% | 4.7% | 2.73% | 4.32% | 4.16% | 2.06% | 1.9% | 2.26% | 2.44% | 2.86% | 1.9% | 1.75% |
| Acquisitions | -13M | 13M | -354M | -6M | 100M | -100M | 1.15B | 1.78B | 120M | 2.65B | 1.97B | 2.7B | 1.95B | 2.02B | 646M | 273M | 2.48B | 1.3B | 22.06B | 1.25B |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -940M | -250M | 1.09B | -289M | -209M | -108M | -565M | -287M | -4.5B | -281M | 247M | 154M | 43M | -1.97B | 446M | 121M | -155M | -1.38B | -454M | -547M |
| Cash from Financing | -5.69B | -2.83B | -836.5M | -2.36B | -3.21B | -2.28B | -2.17B | -1.46B | -2.89B | -204M | -395M | -3.82B | -1.16B | -3.23B | -458M | -2.04B | -1.63B | -1.46B | -32.78B | -395M |
| Debt Issued (Net) | 0 | -60M | 1.45B | -26M | -1.17B | -56M | -56M | -116M | -279M | -335M | -132M | -635M | -781M | -1.8B | 177M | -1.13B | -760M | -1.22B | -26.63B | -129M |
| Equity Issued (Net) | -2.13B | -2.4B | -2B | -1.84B | -1.75B | -1.97B | -1.67B | -1.54B | -2.3B | -322M | -288M | -313M | -323M | -309M | -360M | -104M | -331M | -39M | -20M | -5M |
| Dividends Paid | -492M | -381M | -381M | -383M | -386M | -302M | -306M | -308M | -308M | -86M | -88M | -151M | -147M | -203M | -184M | -161M | -154M | -140M | -144M | -139M |
| Share Repurchases | -2.13B | -2.4B | -2B | -1.84B | -1.75B | -1.97B | -1.67B | -1.54B | -2.3B | -322M | -288M | -313M | -323M | -309M | -360M | -104M | -331M | -39M | -20M | -5M |
| Other Financing | -3.07B | 9M | 86.5M | -102.5M | 97M | 39M | -145M | 501M | 0 | 539M | 113M | -2.73B | 89M | -915M | -91M | -646M | -382M | -59M | -5.98B | -122M |
| Net Change in Cash | -8.25B | -1.98B | 941M | -150M | -1.39B | -1.01B | -692M | 1.63B | -6.34B | 1.53B | 4.64B | 361M | 961M | -3.81B | 3.21B | -594M | 348M | -2.53B | -9.19B | 2.18B |
| Free Cash Flow | -1.95B | 1.49B | 1.79B | 2.25B | 1.92B | 1.3B | 1.03B | 1.24B | 835M | 571M | 2.61B | 1.42B | 374M | -558M | 4.05B | 1.1B | 205M | -919M | 2.04B | 2.02B |
| FCF Margin % | -14.57% | 12.04% | 14.12% | 18.4% | 17.41% | 13.1% | 9.53% | 12.62% | 9.18% | 6.38% | 13.44% | 15.28% | 4.27% | -3.85% | 18.59% | 7.57% | 1.45% | -7.25% | 10.03% | 10.86% |
| FCF Growth % | -201.35% | 14.68% | 74.27% | 81.08% | 129.82% | 127.85% | -60.55% | -12.6% | 123.26% | 202.33% | -35.53% | 29.65% | 82.44% | 39.28% | 98.14% | -45.63% | -9.29% | 60.3% | -21.29% | 196.04% |
| FCF per Share | -1.85 | 1.42 | 1.68 | 2.11 | 1.80 | 1.21 | 0.95 | 1.13 | 0.76 | 0.52 | 2.37 | 1.31 | 0.34 | -0.51 | 3.69 | 1.00 | 0.19 | -0.84 | 1.86 | 1.82 |
| FCF Conversion (FCF/Net Income) | -0.68x | 0.96x | 0.88x | 1.18x | 1.11x | 0.76x | 0.68x | 0.81x | 0.72x | 0.64x | 1.97x | 5.18x | 14.70x | -0.03x | 2.02x | 8.84x | -0.62x | 0.49x | -0.68x | 1.86x |
| Interest Paid | 0 | 0 | 882M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 34M | 555M | 184M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |