GE Aerospace's commercial engines segment revenue grew 27% year over year with a 27.3% operating margin in second quarter. Defense revenue grew 16% with a 13.8% margin. Management raised its full-year revenue and profit expectations after weathering recent macroeconomic turbulence and uncertainty.
Bears vastly underestimate the incremental profits GE will make from operating leverage as commercial aerospace fully recovers and its Leap engine aftermarket program enters its profitable phase.
GE is all in on its experimental open-fan Rise design for the next generation of commercial engines, which aircraft makers might, or might not, adopt to propel new jets in the 2040s.
|
Metric
|
GE
|
RTX
|
MTX
|
|---|---|---|---|
Price/Earnings (Normalized) | 51.81 | 32.22 | 22.19 |
Price/Book Value | 21.67 | 4.53 | 4.53 |
Price/Sales | 7.68 | 3.25 | 2.27 |
Price/Cash Flow | 40.63 | 22.96 | 11.53 |
|
Metric
|
GE
|
RTX
|
MTX
|
|---|---|---|---|
Quick Ratio | 0.61 | 0.65 | 1.04 |
Current Ratio | 0.98 | 1.01 | 1.42 |
Interest Coverage | 11.58 | 6.88 | 10.95 |
|
Metric
|
GE
|
RTX
|
MTX
|
|---|---|---|---|
Return on Assets (Normalized) | 5.87% | 5.54% | 7.85% |
Return on Equity (Normalized) | 40.66% | 14.51% | 23.41% |
Return on Invested Capital (Normalized) | 20.07% | 10.02% | 16.71% |
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1-Day Chart
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Name
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Price
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Morningstar Rating for Stocks
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Capital Allocation
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Economic Moat
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Market Cap
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United States