Edwyn
Over the five-year period, GENERAL ELECTRIC COMPANY’s revenue shows a mixed trend. In 2020, the company reported revenue of USD 79,619 million, which experienced a modest decline in 2021 to USD 74,196 million (a decrease of about 6.8%). Revenue then saw a slight rebound in 2022 to USD 76,555 million before slipping to USD 67,954 million in 2023 and taking a steep plunge to USD 38,702 million in 2024—a drop of nearly 43% from the previous year. Despite these fluctuations, gross profit behaved differently. In 2020, the gross profit was USD 19,198 million and then jumped dramatically to USD 59,858 million in 2021, continuing a moderate upward trend in 2022 (USD 61,088 million) before declining in 2023 and 2024 to USD 53,558 million and USD 31,941 million, respectively. Notably, operating income is reported as zero throughout, likely reflecting either adjusting accounting methodologies or restructuring in reporting practices. Net income presents its own set of contrasts over the period. After a healthy USD 5,704 million profit in 2020, the company recorded a significant swing to a loss of USD 6,520 million in 2021—a change that exceeds 200% swing in magnitude year-over-year—possibly driven by extraordinary items or operational challenges. Recovery is seen in 2023 with net income rebounding to USD 9,481 million; however, only a slightly lower profit of USD 6,556 million was achieved in 2024. This volatile pattern, particularly the steep decline in revenue and fluctuating net income, suggests that while the company has demonstrated resilience at certain junctures, its overall financial health faces pressure from revenue instability and margin contraction. Going forward, investors and analysts will likely scrutinize the company’s strategic adjustments and operational performance to assess its sustainability in a competitive and evolving industry.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.