GE Aerospace (GE) Financial Ratios
30 years of historical data (1996–2025) · Industrials · Aerospace & Defense
EV/EBITDA
↑
30.79
↑+31% vs avg
5yr avg: 23.43
30Y Low6.2·High52.3
P/FCF
↑
41.23
↑+25% vs avg
5yr avg: 33.08
30Y Low3.0·High49.6
P/B Ratio
↑
16.19
↑+139% vs avg
5yr avg: 6.76
30Y Low0.8·High17.4
ROE
↑
45.3%
↓+159% vs avg
5yr avg: 17.4%
30Y Low-35%·High45%
Debt/EBITDA
↓
2.05
↓-59% vs avg
5yr avg: 4.98
30Y Low2.1·High39.0
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
GE Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
GE Aerospace trades at 35.1x earnings, 89% below its 5-year average of 322.6x, sitting at the 96th percentile of its historical range. Compared to the Industrials sector median P/E of 25.7x, the stock trades at a premium of 37%. On a free-cash-flow basis, the stock trades at 41.2x P/FCF, 25% above the 5-year average of 33.1x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $299.5B | $328.7B | $182.5B | $111.9B | $57.2B | $64.6B | $58.9B | $60.6B | $39.4B | $90.2B | $172.6B |
| Enterprise Value | $307.6B | $336.8B | $189.2B | $118.4B | $67.5B | $86.8B | $100.5B | $119.3B | $111.8B | $180.8B | $260.7B |
| P/E Ratio → | 35.13 | 37.75 | 27.84 | 12.18 | 1212.79 | — | 11.51 | — | — | — | 18.35 |
| P/S Ratio | 6.53 | 7.17 | 4.71 | 3.16 | 1.96 | 1.14 | 0.78 | 0.67 | 0.41 | 0.91 | 1.44 |
| P/B Ratio | 16.19 | 17.39 | 9.33 | 3.91 | 1.64 | 1.55 | 1.57 | 2.00 | 0.76 | 1.17 | 2.14 |
| P/FCF | 41.23 | 45.25 | 49.61 | 31.21 | 12.05 | 27.26 | 303.53 | 22.63 | — | 36.00 | — |
| P/OCF | 35.09 | 38.50 | 38.74 | 21.60 | 9.66 | 18.54 | 16.37 | 6.91 | 7.91 | 13.76 | 148.78 |
P/E links to full P/E history page with 30-year chart
GE EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
GE Aerospace's enterprise value stands at 30.8x EBITDA, 31% above its 5-year average of 23.4x. The Industrials sector median is 13.7x, placing the stock at a 125% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 7.34 | 4.89 | 3.35 | 2.32 | 1.54 | 1.32 | 1.32 | 1.15 | 1.82 | 2.18 |
| EV / EBITDA | 30.79 | 33.71 | 23.82 | 20.09 | 14.12 | 25.40 | 25.94 | 13.72 | 8.38 | 52.34 | 12.27 |
| EV / EBIT | 35.08 | 31.06 | 21.99 | 10.32 | 23.59 | — | 10.59 | 41.51 | — | — | 21.62 |
| EV / FCF | — | 46.36 | 51.45 | 33.04 | 14.23 | 36.66 | 517.79 | 44.55 | — | 72.16 | — |
GE Profitability
Margins and return-on-capital ratios measuring operating efficiency
GE Aerospace earns an operating margin of 19.1%, above the Industrials sector average of 4.7%. Operating margins have expanded from 13.3% to 19.1% over the past 3 years, signaling improving operational efficiency. Return on equity of 45.3% is exceptionally high — well above the sector median of 8.2%. ROIC of 24.7% represents excellent returns on invested capital versus a sector median of 6.3%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 36.8% | 36.8% | 37.2% | 35.1% | 34.8% | 23.2% | 23.7% | 28.1% | 28.5% | 23.9% | 26.6% |
| Operating Margin | 19.1% | 19.1% | 17.5% | 13.3% | 12.3% | 1.9% | 0.5% | 5.7% | 7.0% | -2.8% | 11.9% |
| Net Profit Margin | 19.0% | 19.0% | 16.9% | 26.8% | 1.2% | -11.2% | 7.5% | -5.5% | -23.0% | -8.5% | 6.3% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 45.3% | 45.3% | 27.2% | 29.9% | 0.9% | -16.0% | 16.8% | -12.1% | -34.7% | -10.8% | 8.2% |
| ROA | 6.8% | 6.8% | 4.3% | 5.2% | 0.2% | -2.8% | 2.2% | -1.7% | -6.4% | -2.2% | 1.7% |
| ROIC | 24.7% | 24.7% | 16.5% | 8.8% | 4.9% | 1.1% | 0.4% | 3.6% | 3.5% | -1.2% | 5.3% |
| ROCE | 9.6% | 9.6% | 5.7% | 3.3% | 2.5% | 0.6% | 0.2% | 2.3% | 2.4% | -0.9% | 3.9% |
GE Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
GE Aerospace carries a Debt/EBITDA ratio of 2.1x, which is manageable (34% below the sector average of 3.1x). Net debt stands at $8.1B ($20.5B total debt minus $12.4B cash). Interest coverage of 12.9x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.08 | 1.08 | 1.04 | 0.76 | 0.75 | 0.91 | 2.08 | 3.12 | 2.00 | 1.75 | 1.69 |
| Debt / EBITDA | 2.05 | 2.05 | 2.56 | 3.69 | 5.47 | 11.13 | 20.16 | 10.87 | 7.76 | 38.96 | 6.41 |
| Net Debt / Equity | — | 0.43 | 0.35 | 0.23 | 0.30 | 0.53 | 1.11 | 1.94 | 1.40 | 1.18 | 1.09 |
| Net Debt / EBITDA | 0.81 | 0.81 | 0.85 | 1.11 | 2.16 | 6.51 | 10.73 | 6.75 | 5.43 | 26.23 | 4.15 |
| Debt / FCF | — | 1.12 | 1.84 | 1.83 | 2.18 | 9.40 | 214.26 | 21.92 | — | 36.16 | — |
| Interest Coverage | 12.86 | 12.86 | 8.73 | 11.15 | 2.14 | -2.18 | 2.70 | 0.98 | -3.40 | -1.44 | 2.40 |
GE Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.04x means GE Aerospace can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 0.74x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 1.33x to 1.04x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.04 | 1.04 | 1.09 | 1.33 | 1.18 | 1.28 | 1.55 | 1.31 | 1.23 | 1.31 | 1.38 |
| Quick Ratio | 0.74 | 0.74 | 0.81 | 1.07 | 0.88 | 0.97 | 1.26 | 1.09 | 1.00 | 1.07 | 1.11 |
| Cash Ratio | 0.32 | 0.32 | 0.42 | 0.65 | 0.47 | 0.54 | 0.80 | 0.58 | 0.51 | 0.55 | 0.59 |
| Asset Turnover | — | 0.35 | 0.31 | 0.20 | 0.15 | 0.28 | 0.30 | 0.34 | 0.30 | 0.26 | 0.31 |
| Inventory Turnover | 2.44 | 2.44 | 2.49 | 2.77 | 1.28 | 2.74 | 3.64 | 3.77 | 5.03 | 3.89 | 3.92 |
| Days Sales Outstanding | — | 121.66 | 116.09 | 119.55 | 216.68 | 132.51 | 108.08 | 111.94 | 110.94 | 150.17 | 129.12 |
GE Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
GE Aerospace returns 3.0% to shareholders annually — split between a 0.5% dividend yield and 2.5% buyback yield. The payout ratio of 16.7% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 2.8% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.5% | 0.4% | 0.6% | 0.5% | 1.1% | 0.9% | 1.1% | 1.1% | 11.4% | 9.6% | 5.1% |
| Payout Ratio | 16.7% | 16.7% | 15.4% | 6.2% | 190.2% | — | 11.4% | — | — | — | 117.4% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.8% | 2.6% | 3.6% | 8.2% | 0.1% | — | 8.7% | — | — | — | 5.4% |
| FCF Yield | 2.4% | 2.2% | 2.0% | 3.2% | 8.3% | 3.7% | 0.3% | 4.4% | — | 2.8% | — |
| Buyback Yield | 2.5% | 2.3% | 3.2% | 1.1% | 1.8% | 0.2% | 0.0% | 0.0% | 0.0% | 2.8% | 12.4% |
| Total Shareholder Yield | 3.0% | 2.7% | 3.7% | 1.6% | 3.0% | 1.1% | 1.1% | 1.1% | 11.4% | 12.4% | 17.5% |
| Shares Outstanding | — | $1.1B | $1.1B | $1.1B | $1.1B | $1.1B | $1.1B | $1.1B | $1.1B | $1.1B | $1.1B |
Peer Comparison
Compare GE with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 GEYou | $300B | 35.1 | 30.8 | 41.2 | 36.8% | 19.1% | 45.3% | 24.7% | 2.1 |
 RTX | $233B | 34.9 | 20.6 | 29.3 | 20.1% | 10.0% | 10.4% | 6.7% | 3.1 |
 HWM | $97B | 65.4 | 41.3 | 68.0 | 30.7% | 25.8% | 30.4% | 21.1% | 1.3 |
 TDG | $67B | 37.1 | 20.9 | 37.0 | 60.1% | 47.2% | — | 20.9% | 6.6 |
 CW | $27B | 56.6 | 43.9 | 48.9 | 37.2% | 18.2% | 19.4% | 14.1% | 2.1 |
 BA | $177B | 90.5 | — | — | 4.8% | -6.1% | 289.7% | -9.5% | — |
 LMT | $117B | 23.7 | 16.0 | 17.0 | 10.2% | 10.3% | 76.9% | 23.9% | 2.6 |
 NOC | $79B | 19.2 | 16.5 | 24.0 | 19.8% | 10.2% | 26.2% | 10.2% | 3.4 |
 TXT | $16B | 17.9 | 11.0 | 18.0 | 16.9% | 8.4% | 12.2% | 9.4% | 2.6 |
 SPR | $5B | -2.2 | — | — | -21.7% | -28.3% | — | -50.9% | — |
 AAL | $8B | 72.8 | 12.3 | — | 19.2% | 2.7% | — | 3.5% | 10.5 |
| Industrials Median | — | 25.7 | 13.7 | 21.2 | 33.0% | 4.7% | 8.2% | 6.3% | 3.1 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonGE — Frequently Asked Questions
Quick answers to the most common questions about buying GE stock.
What is GE Aerospace's P/E ratio?
GE Aerospace's current P/E ratio is 35.1x. The historical average is 15.2x. This places it at the 96th percentile of its historical range.
What is GE Aerospace's EV/EBITDA?
GE Aerospace's current EV/EBITDA is 30.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 16.4x.
What is GE Aerospace's ROE?
GE Aerospace's return on equity (ROE) is 45.3%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 12.4%.
Is GE stock overvalued?
Based on historical data, GE Aerospace is trading at a P/E of 35.1x. This is at the 96th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is GE Aerospace's dividend yield?
GE Aerospace's current dividend yield is 0.47% with a payout ratio of 16.7%.
What are GE Aerospace's profit margins?
GE Aerospace has 36.8% gross margin and 19.1% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does GE Aerospace have?
GE Aerospace's Debt/EBITDA ratio is 2.1x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.