GE Aerospace (GE) 10-K Summary — Year Ended Dec 31, 2024
GE Aerospace filed its annual 10-K for the fiscal year ended December 31, 2024. The filing provides an overview of the company's business, financial results, risk factors, and liquidity.
Key takeaway
Year ended Dec 31, 2024 · FY2025 10-K
GE Aerospace filed its annual 10-K for the fiscal year ended December 31, 2024. The filing provides an overview of the company's business, financial results, risk factors, and liquidity.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$38.7B
Revenue reported for the fiscal year.
Operating income
n/a
Income from operations reported for the year.
Net income
$6.6B
Net income reported for the year.
Operating cash flow
$4.7B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $8.1B | n/a |
| Jun 30, 2024 | $8.2B | +1.8% |
| Sep 30, 2024 | $8.9B | +8.8% |
| Dec 31, 2024 | $38.7B | +332.8% |
Business overview
The filing describes GE Aerospace's operations in the aerospace industry. Business overview and segment information are included in the designated sections. The company's structure and geographic operations are outlined in Note 25.
Financial performance
The annual report presents revenue and net income for the year. Operating cash flow is also reported. Quarterly revenue showed sequential increases over the first three quarters.
Material risks
The filing identifies risk factors, including those related to legal proceedings. The Risk Factors section details potential business risks. The company also discusses cybersecurity as a risk area.
Liquidity and capital
The filing discusses capital resources and liquidity in the Management's Discussion and Analysis. Operating cash flow is highlighted as a key liquidity metric.
What to watch
Investors should monitor the outcome of legal proceedings and cybersecurity updates as mentioned in the filing.