Stock Analysis on Net

General Electric Co. (NYSE:GE)

Enterprise Value (EV)

Microsoft Excel

Current Enterprise Value (EV)

General Electric Co., current enterprise value calculation

Microsoft Excel
Current share price (P) $180.12
No. shares of common stock outstanding 1,088,334,304
US$ in millions
Common equity (market value)1 196,031
Add: Preferred stock (per books)
Add: Noncontrolling interests (per books) 1,201
Total equity 197,232
Add: Short-term borrowings (per books) 1,253
Add: Long-term borrowings (per books) 19,711
Total equity and debt 218,196
Less: Cash, cash equivalents and restricted cash 16,967
Less: Investment securities 5,706
Enterprise value (EV) 195,523

Based on: 10-K (reporting date: 2023-12-31).

1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 180.12 × 1,088,334,304


Historical Enterprise Value (EV)

General Electric Co., EV calculation

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Share price1, 2 $136.54 $81.29 $96.83 $93.84 $94.88
No. shares of common stock outstanding1 1,088,334,304 1,089,286,553 1,099,321,882 1,095,992,750 1,092,529,000
US$ in millions
Common equity (market value)3 148,601 88,548 106,447 102,848 103,659
Add: Preferred stock (book value) 6 6 6 6
Add: Noncontrolling interests (book value) 1,201 1,216 1,302 1,521 1,545
Total equity 149,802 89,770 107,755 104,375 105,210
Add: Short-term borrowings (book value) 1,253 3,757 4,361 4,778 23,727
Add: Long-term borrowings (book value) 19,711 28,593 30,824 70,288 67,155
Total equity and debt 170,766 122,120 142,940 179,441 196,092
Less: Cash, cash equivalents and restricted cash 16,967 17,262 15,770 36,630 36,394
Less: Investment securities 5,706 7,609 12,297 7,319 9,888
Enterprise value (EV) 148,093 97,249 114,873 135,492 149,810

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

1 Data adjusted for splits and stock dividends.

2 Closing price as at the filing date of General Electric Co. Annual Report.

3 2023 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 136.54 × 1,088,334,304

Item Description The company
EV Enterprise value is total company value (the market value of common equity, debt, and preferred equity) minus the value of cash and short-term investments. General Electric Co. EV decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.