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General Electric Company
NYSE GE_OLD
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General Electric Company Pre-Tax Margin for the year ending December 31, 2023: 9.43%
General Electric Company Pre-Tax Margin is 9.43% for the year ending December 31, 2023, a 288.36% change year over year. Pre-tax margin represents the proportion of a company's earnings before taxes (EBT) to its revenue. It is calculated by dividing the EBT by the revenue. This ratio indicates the profitability of the company's operations before the impact of taxes. A higher pre-tax margin suggests that the company generates a larger proportion of revenue as pre-tax profit, indicating stronger operational performance and efficiency.
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General Electric Company Pre-Tax Margin for the year ending December 31, 2022 was 2.43%, a -54.88% change year over year.
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General Electric Company Pre-Tax Margin for the year ending December 31, 2021 was 5.38%, a 2.73% change year over year.
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General Electric Company Pre-Tax Margin for the year ending December 31, 2020 was 5.24%.
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NYSE: GE_old
| CEO | - |
| IPO Date | Jan. 2, 1962 |
| Location | United States |
| Headquarters | One Financial Center, Boston, MA, United States, 02111 |
| Employees | 125,000 |
| Sector | Industrials |
| Industry | Specialty industrial machinery |
Description
General Electric Company operates as a high-tech industrial company in Europe, China, Asia, the Americas, the Middle East, and Africa. It offers gas and steam turbines, full balance of plant, upgrade, and service solutions, as well as data-leveraging software for power generation, industrial, government, and other customers. The company also provides various solutions for its customers through combining onshore and offshore wind, blade manufacturing, grid solutions, hydro, storage, hybrid renewables, and digital services offerings. In addition, it designs and produces commercial and military aircraft engines, integrated engine components, electric power, and mechanical aircraft systems; and provides aftermarket services. Further, the company engages in the provision of various financial solutions; and management of run-off insurance operations, which provides life and health insurance and reinsurance products, as well as grid management software. General Electric Company was incorporated in 1892 and is headquartered in Boston, Massachusetts.
Key trends
StockViz Staff
September 20, 2024
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