GE Aerospace (GE) Key Metrics

NYSE: GEValuation, returns, debt and efficiency ratios over 10 years.

GE valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$325.62B
Enterprise value
$341.02B
P/E (TTM)
37.0
10-yr median 25.4
Forward P/E
35.3
PEG ratio
4.06
Price / sales
6.4
10-yr median 1.0
Price / book
18.8
10-yr median 1.8
EV / EBITDA
27.2
10-yr median 16.8
Dividend yield
0.60%
$1.88 a year
Beta
1.37

GE key metrics, 2016–2025

Fiscal year ended December 31, 2025 · U.S. dollars

GE valuation Price multiples at each fiscal year-end price.

P/E ratio+35.7%
37.8
2025 · hover or tap a bar for each year
2016: 23.02020: 10.32022: 195.92023: 11.8 (−94.0%)2024: 27.8 (+135.7%)2025: 37.8 (+35.7%)
20162025
Price / sales+52.0%
7.2
2025 · hover or tap a bar for each year
2016: 1.4 (−10.9%)2017: 0.9 (−37.1%)2018: 0.4 (−55.4%)2019: 0.7 (+65.5%)2020: 0.8 (+15.6%)2021: 1.1 (+47.2%)2022: 0.7 (−34.7%)2023: 3.2 (+323.7%)2024: 4.7 (+48.9%)2025: 7.2 (+52.0%)
20162025
Price / book+86.5%
17.6
2025 · hover or tap a bar for each year
2016: 2.2 (+19.6%)2017: 1.6 (−27.7%)2018: 0.8 (−52.5%)2019: 2.0 (+166.0%)2020: 1.7 (−18.5%)2021: 1.6 (−3.3%)2022: 1.6 (+2.2%)2023: 4.1 (+149.3%)2024: 9.4 (+130.9%)2025: 17.6 (+86.5%)
20162025
EV / EBITDA+45.2%
27.9
2025 · hover or tap a bar for each year
2016: 16.8 (−35.2%)2019: 20.92020: 7.2 (−65.5%)2022: 13.92023: 8.9 (−35.8%)2024: 19.2 (+115.6%)2025: 27.9 (+45.2%)
20162025
Price / free cash flow−8.8%
45.2
2025 · hover or tap a bar for each year
2019: 22.72020: 303.9 (+1,241.0%)2021: 32.8 (−89.2%)2022: 12.1 (−63.2%)2023: 31.2 (+158.9%)2024: 49.6 (+58.8%)2025: 45.2 (−8.8%)
20162025
Free cash flow yield+0.2 pts
2.2%
2025 · hover or tap a bar for each year
2016: −3.5% (−10.2 pts)2017: −1.5% (+2.0 pts)2018: −7.8% (−6.3 pts)2019: 4.4% (+12.2 pts)2020: 0.3% (−4.1 pts)2021: 3.0% (+2.7 pts)2022: 8.3% (+5.2 pts)2023: 3.2% (−5.1 pts)2024: 2.0% (−1.2 pts)2025: 2.2% (+0.2 pts)
20162025

GE valuation history

Fiscal year-endToday10-year median

GE returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

GE debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

GE cash returned to shareholders

DividendsBuybacksFree cash flow

GE price vs earnings per share

Share price at year-endEPS (right axis)

GE key metrics

2016–2025
GE Aerospace key metrics by fiscal year
2025202420232022202120202019201820172016
Valuation
Market capitalization$328.67B$182.47B$111.94B$57.21B$64.62B$58.95B$60.66B$39.41B$90.34B$172.83B
Enterprise value$336.77B$188.25B$112.80B$66.13B$74.59B$93.20B$133.81B$175.75B$180.96B$321.71B
P/E ratio37.827.811.8195.9—10.3———23.0
Price / sales7.24.73.20.71.10.80.70.40.91.4
Price / book17.69.44.11.61.61.72.00.81.62.2
Price / free cash flow45.249.631.212.132.8303.922.7———
Price / operating cash flow38.538.721.69.719.416.46.97.913.8149.0
EV / sales7.34.93.20.91.31.21.51.81.82.7
EV / EBITDA27.919.28.913.9—7.220.9——16.8
EV / free cash flow46.451.231.513.937.8480.450.0———
Earnings yield2.6%3.6%8.5%0.5%−9.8%9.7%−8.2%−56.7%−9.4%4.3%
Free cash flow yield2.2%2.0%3.2%8.3%3.0%0.3%4.4%−7.8%−1.5%−3.5%
Dividend yield0.4%0.6%0.5%1.1%0.9%1.1%1.1%11.4%9.6%5.1%
Shareholder yield (dividends + buybacks)2.7%3.7%1.6%2.9%1.1%1.1%1.1%11.4%12.4%17.5%
Share price at fiscal year-end$308.03$166.79$101.86$52.20$58.86$53.83$55.62$36.28$83.63$151.44
Per share
Revenue per share$42.98$35.38$32.16$69.85$51.43$69.25$82.73$89.30$91.91$104.68
Earnings per share$8.16$5.99$8.63$0.27−$5.77$5.21−$4.57−$20.58−$7.85$6.57
Operating cash flow per share$8.00$4.31$4.71$5.40$3.03$3.28$8.04$4.58$6.07$1.02
Free cash flow per share$6.81$3.36$3.26$4.33$1.80$0.18$2.45−$2.83−$1.26−$5.29
Cash per share$11.61$13.35$19.03$21.37$25.56$40.04$77.85$63.42$40.70$80.96
Book value per share$17.50$17.68$24.93$31.85$36.71$32.46$27.33$47.41$51.87$67.91
Tangible book value per share$5.05$5.98$12.57$14.42$4.37$0.33−$6.96−$24.18−$44.63−$8.21
Dividends per share$1.36$0.92$0.54$0.58$0.52$0.59$0.60$4.12$8.01$7.72
Capex per share$1.19$0.94$1.45$1.07$1.24$3.11$5.59$7.42$7.33$6.31
Debt per share$19.21$18.63$19.80$29.50$34.64$71.31$144.94$188.92$124.60$211.42
Shares outstanding1.07B1.09B1.10B1.10B1.10B1.10B1.09B1.09B1.08B1.14B
Change in shares outstanding−2.5%−0.5%+0.3%−0.2%+0.3%+0.4%+0.4%+0.6%−5.3%−8.8%
Returns & profitability
Return on equity (ROE)45.8%28.1%30.4%0.8%−16.7%17.5%−12.2%−41.6%−12.7%8.4%
Return on invested capital (ROIC)29.0%22.1%11.8%3.1%1.4%0.5%2.8%3.2%−1.2%5.0%
Return on assets (ROA)6.8%4.3%5.2%0.2%−2.8%2.2%−1.7%−6.5%−2.3%1.7%
Return on tangible assets7.4%5.8%5.8%0.2%−3.9%2.6%−2.2%−9.7%−3.0%2.7%
Free cash flow margin15.8%9.5%10.1%6.2%3.5%0.3%3.0%−3.2%−1.4%−5.1%
Income quality (OCF / net income)0.980.720.5520.26—0.63———0.15
Financial health
Total debt$20.49B$20.38B$21.76B$32.33B$38.03B$78.10B$158.06B$205.23B$134.59B$241.28B
Cash & short-term investments$12.39B$14.60B$20.91B$23.42B$28.07B$43.85B$84.90B$68.90B$43.97B$92.40B
Net debt$8.10B$5.78B$854.0M$8.91B$9.97B$34.25B$73.16B$136.33B$90.62B$148.88B
Debt / equity1.101.050.790.930.942.205.303.992.403.11
Debt / assets0.160.160.120.170.190.300.590.660.350.66
Net debt / EBITDA0.670.590.071.87—2.6411.41——7.78
Current ratio1.041.091.331.181.281.551.381.061.311.12
Quick ratio0.740.811.070.880.971.261.230.891.070.95
Interest coverage10.46.94.61.30.60.11.81.4-0.62.8
Working capital$1.62B$3.24B$10.45B$8.95B$14.39B$30.24B$35.40B$6.70B$24.94B$15.90B
Invested capital$26.78B$25.12B$28.26B$43.83B$50.28B$69.80B$102.95B$187.83B$146.65B$226.38B
Tangible asset value$5.62B$6.77B$15.02B$15.81B$6.25B$2.37B−$7.59B−$26.27B−$27.35B−$9.38B
Net current asset value−$70.67B−$68.56B−$104.94B−$95.56B−$90.77B−$133.80B−$108.20B−$140.20B−$201.49B−$134.90B
Graham number$56.68$48.83$69.57$13.82—$61.68———$100.21
Graham net-net per share−$76.36−$70.82−$103.52−$100.14−$96.31−$136.99−$118.59−$145.76−$204.97−$137.46
Capital allocation
Dividends paid$1.45B$1.01B$589.0M$639.0M$575.0M$648.0M$649.0M$4.47B$8.65B$8.81B
Share buybacks (net)$7.55B$5.83B$1.23B$1.05B$107.0M$28.0M$0$17.0M$2.55B$21.43B
Dividend payout ratio16.7%15.4%6.2%218.8%—11.4%———117.4%
Dividends + buybacks / free cash flow123.9%185.8%50.8%35.6%34.6%348.5%24.2%———
Capex / revenue2.8%2.7%4.5%1.5%2.4%4.5%6.8%8.3%8.0%6.0%
Capex / operating cash flow14.9%21.9%30.8%19.8%40.8%94.6%69.5%161.8%120.8%620.6%
Capex / depreciation1.040.870.770.400.450.571.091.221.281.02
Stock-based compensation / revenue—0.1%1.0%0.4%11.5%6.7%0.6%0.4%0.4%0.5%
R&D / revenue3.4%3.3%2.9%3.7%3.0%3.4%3.5%3.5%4.8%4.0%
SG&A / revenue8.9%16.4%18.9%16.7%18.3%19.8%19.0%18.0%26.6%15.4%
Efficiency
Days sales outstanding109.8112.6151.491.2138.8101.996.1128.8141.8114.7
Days of inventory on hand136.3135.5184.4101.0133.594.694.0101.8101.093.5
Days payables outstanding110.8107.2133.686.3137.6102.193.185.071.558.5
Cash conversion cycle (days)135.3141.0202.2105.9134.894.497.0145.6171.3149.7
Receivables turnover3.323.242.414.002.633.583.802.832.573.18
Payables turnover3.293.412.734.232.653.573.924.295.116.24
Inventory turnover2.682.691.983.612.733.863.883.583.623.90
Asset turnover0.360.260.190.390.250.290.310.280.270.28
Average receivables$13.80B$11.94B$14.67B$19.13B$21.48B$21.18B$23.75B$34.22B$38.57B$37.55B
Average payables$8.80B$7.14B$8.40B$13.14B$16.35B$16.19B$16.54B$16.16B$14.80B$14.06B
Average inventory$10.82B$9.02B$11.59B$15.37B$15.87B$14.99B$16.70B$19.36B$20.91B$22.45B
Intangibles / total assets10.2%10.2%7.7%10.1%17.9%13.7%14.1%25.2%27.2%23.8%

Computed from GE's annual financial statements (latest annual report filed January 29, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.

GE valuation and financial ratios

At the end of fiscal 2025 (December 31, 2025), GE Aerospace traded at 37.8 times earnings, against a 10-year median of 25.4. Based on the latest twelve months, the trailing P/E is 37.0 and the forward P/E is 35.3. GE Aerospace earned a return on equity of 45.8% and a return on invested capital of 29.0% in fiscal 2025. It ended the year with $20.5 billion of debt and $12.4 billion in cash and short-term investments, net debt of $8.1 billion. It returned $9.0 billion to shareholders: $1.5 billion in dividends and $7.6 billion in share buybacks, 124% of free cash flow. The share count fell 6.5% from 1.14B to 1.07B over 9 years.

See the GE income statement, the GE chart for price history, or the GE stock overview for the latest quote and news.

GE key metrics FAQ

What is GE Aerospace's P/E ratio?

GE Aerospace's trailing P/E ratio is 37.0 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 35.3. At the end of fiscal 2025 it was 37.8, compared with a 10-year median of 25.4.

What is GE Aerospace's EV/EBITDA?

GE Aerospace's enterprise value was 27.9 times EBITDA at the end of fiscal 2025 (enterprise value $336.8 billion, EBITDA $12.1 billion); the current EV/EBITDA is 27.2.

What is GE Aerospace's return on equity?

GE Aerospace's return on equity (ROE) was 45.8% in fiscal 2025: net income of $8.7 billion on average shareholders' equity of $19.0 billion.

What is GE Aerospace's ROIC?

GE Aerospace's return on invested capital was 29.0% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does GE Aerospace have?

GE Aerospace had total debt of $20.5 billion at the end of fiscal 2025, a debt-to-equity ratio of 1.10 and $8.1 billion of net debt (0.67 times EBITDA).

What is GE Aerospace's dividend yield?

GE Aerospace's forward dividend yield is 0.60%. GE Aerospace paid $1.5 billion in dividends in fiscal 2025 ($1.36 per share), a payout ratio of 16.7%.

Does GE Aerospace buy back its shares?

Yes. GE Aerospace spent $7.6 billion on net share repurchases in fiscal 2025 Shares outstanding changed −2.5% over the year, to 1.07B..

What is GE Aerospace's free cash flow yield?

GE Aerospace generated $7.3 billion of free cash flow in fiscal 2025, a free cash flow yield of 2.2% on its market value at year-end ($328.7 billion).

What is GE Aerospace's current ratio?

GE Aerospace's current ratio was 1.04 at the end of fiscal 2025: current assets were 1.04 times current liabilities.

Aerospace & Defense key metrics