General Electric Co. (GE)

Common-Size Income Statement
Quarterly Data

Difficulty: Beginner

General Electric Co., Common-Size Consolidated Income Statement (quarterly data)

	3 months ended	Jun 30, 2019		Mar 31, 2019		Dec 31, 2018		Sep 30, 2018		Jun 30, 2018		Mar 31, 2018		Dec 31, 2017		Sep 30, 2017		Jun 30, 2017		Mar 31, 2017		Dec 31, 2016		Sep 30, 2016		Jun 30, 2016		Mar 31, 2016		Dec 31, 2015		Sep 30, 2015		Jun 30, 2015		Mar 31, 2015		Dec 31, 2014		Sep 30, 2014		Jun 30, 2014		Mar 31, 2014
	Sales of goods
	Sales of services
	Sales of goods and services
	Cost of goods sold
	Cost of services sold
	Cost of goods and services sold
	Gross profit from sales
	GE Capital revenues from services
	Selling, general and administrative expenses
	Operating earnings
	Interest and other financial charges
	Insurance losses and annuity benefits
	Goodwill impairments
	Non-operating benefit costs
	Provision for losses on financing receivables
	Other costs and expenses
	Other income
	Earnings (loss) from continuing operations before income taxes
	(Provision) benefit for income taxes
	Earnings (loss) from continuing operations
	Earnings (loss) from discontinued operations, net of taxes
	Net earnings (loss)
	Net (earnings) loss attributable to noncontrolling interests
	Net earnings (loss) attributable to the Company
	Preferred stock dividends
	Net earnings (loss) attributable to GE common shareowners

Item	Description	The company
Operating earnings	The net result for the period of deducting operating expenses from operating revenues.	General Electric Co.’s operating earnings as a percentage of sales of goods and services increased from Q4 2018 to Q1 2019 but then slightly declined from Q1 2019 to Q2 2019.
Earnings (loss) from continuing operations before income taxes	Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.	General Electric Co.’s earnings (loss) from continuing operations before income taxes as a percentage of sales of goods and services increased from Q4 2018 to Q1 2019 but then declined significantly from Q1 2019 to Q2 2019.
Net earnings (loss) attributable to the Company	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	General Electric Co.’s net earnings (loss) attributable to the Company as a percentage of sales of goods and services increased from Q4 2018 to Q1 2019 but then declined significantly from Q1 2019 to Q2 2019.

	General Electric Co.	Other companies (not purchased previously)
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Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality

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Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality