Current Enterprise Value (EV)
Current share price (P) | $239.37 |
No. shares of common stock outstanding | 1,066,386,643 |
US$ in millions | |
Common equity (market value)1 | 255,261) |
Add: Preferred stock (per books) | —) |
Add: Noncontrolling interests (per books) | 222) |
Total equity | 255,483) |
Add: Short-term borrowings (per books) | 2,039) |
Add: Long-term borrowings (per books) | 17,234) |
Total equity and debt | 274,756) |
Less: Cash, cash equivalents and restricted cash | 13,619) |
Less: Investment securities | 982) |
Enterprise value (EV) | 260,155) |
Based on: 10-K (reporting date: 2024-12-31).
1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 239.37 × 1,066,386,643
Historical Enterprise Value (EV)
Based on: 10-K (reporting date: 2024-12-31), 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).
1 Data adjusted for splits and stock dividends.
2 Closing price as at the filing date of GE Aerospace Annual Report.
3 2024 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 204.11 × 1,073,290,505
- Common Equity (Market Value)
- The common equity, measured by market value, experienced a decline from 2021 to 2022, decreasing from approximately 106,447 million USD to 88,548 million USD. However, this trend reversed significantly in the following years, with a substantial increase reaching 148,601 million USD in 2023 and further rising to 219,069 million USD in 2024. Overall, the data shows a strong recovery and growth in market valuation in the latter periods after a dip in 2022.
- Total Equity
- Total equity followed a pattern similar to common equity in market value terms. It decreased between 2021 and 2022 from 107,755 million USD to 89,770 million USD, before experiencing pronounced growth, reaching 149,802 million USD in 2023 and 219,291 million USD in 2024. This suggests improved financial position and possibly retained earnings or capital injections during the later years.
- Total Equity and Debt
- This combined measure declined notably from 179,441 million USD in 2020 to 122,120 million USD in 2022. It then reversed course with meaningful increases in both 2023 and 2024, rising to 170,766 million USD and 238,564 million USD, respectively. This reflects an expansion of the company’s overall capital structure, indicating either increased borrowing or equity financing in recent years.
- Enterprise Value (EV)
- Enterprise value followed a decreasing trend from 135,492 million USD in 2020 down to 97,249 million USD by 2022. After this decline, EV rebounded significantly, reaching 148,093 million USD in 2023 and continuing to increase to 223,963 million USD in 2024. The trend suggests fluctuating market perceptions of the company’s operational and financial value, with a marked recovery aligned with the growth seen in equity measures. Overall, the increase in EV from 2023 onward indicates enhanced investor confidence and business value.