Stock Analysis on Net
Stock Analysis on Net

GE Aerospace (NYSE:GE)

Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

GE Aerospace, consolidated balance sheet: assets (quarterly data)

US$ in millions

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Jun 30, 2026 Mar 31, 2026 Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021
Cash, cash equivalents and restricted cash 9,345 10,981 12,392 12,501 10,861 12,405 13,619 13,724 12,107 18,447 16,967 13,127 12,766 12,001 17,262 12,596 13,190 12,842 15,770 24,955 22,460 31,783
Investment securities 1,008 998 1,000 982 2,232 3,338 3,737 5,706 7,054 10,885 12,814 7,609 6,297 6,745 10,779 12,297 5,300 6,134 6,741
Current receivables 12,360 12,466 11,773 10,671 10,512 9,653 9,327 8,936 8,370 15,100 15,466 14,546 14,767 14,212 17,976 17,197 16,283 16,050 15,620 14,874 15,190 15,381
Financing receivables, net 271 316 306
Inventories, including deferred inventory costs 12,440 12,367 11,868 11,667 11,297 10,504 9,763 9,718 9,469 17,603 16,528 17,020 16,789 16,198 17,403 17,536 17,553 16,570 15,847 16,790 17,016 16,530
Other GE Capital receivables 1,186 1,363 1,339
Current contract assets 3,473 3,439 3,511 3,111 3,059 2,940 2,982 2,884 2,719 1,547 1,500 1,875 2,037 2,244 3,088 3,701 4,241 4,246 4,881 5,238 5,431 5,821
All other current assets 2,079 1,108 1,052 1,116 1,074 1,073 962 1,155 1,212 1,648 1,647 1,437 1,638 1,464 1,522 2,059 1,879 2,065 1,933 1,191 1,315 1,375
Assets of businesses held for sale 137 1,507 1,985 1,375 1,331 1,353 1,374 696 767 747 33,782 33,186 33,922
Current assets 39,697 40,361 40,596 40,074 37,801 37,575 37,635 38,649 37,352 59,589 59,799 56,434 60,213 60,286 66,234 60,082 60,658 63,299 66,348 103,587 102,411 113,198
Investment securities 37,910 38,193 38,788 38,158 37,887 38,010 37,741 39,514 38,129 38,705 38,000 35,528 37,392 38,262 36,048 33,624 36,195 39,845 42,209 42,394 42,665 40,786
Other GE Capital receivables 4,668 4,672 4,634
Property, plant and equipment, net 8,135 7,973 7,987 7,608 7,523 7,426 7,277 7,254 7,095 12,345 12,494 12,203 12,374 12,170 14,478 14,295 14,790 15,036 15,609 15,873 16,169 16,296
Goodwill 8,954 9,003 9,060 9,041 9,006 8,696 8,538 8,754 8,859 13,304 13,385 13,177 13,345 13,107 25,798 25,275 25,790 26,047 26,182 25,333 25,491 25,320
Other intangible assets, net 4,085 4,151 4,225 4,283 4,336 4,277 4,257 4,371 4,394 5,547 5,695 5,790 5,954 5,990 7,625 7,725 8,026 8,290 9,330 9,187 9,460 9,395
Contract and other deferred assets 4,976 4,966 4,920 4,720 4,803 4,835 4,831 4,823 4,801 5,431 5,406 5,427 5,440 5,631 6,010 6,221 6,189 6,159 6,124 6,119 6,131 5,985
All other assets 15,469 15,159 15,279 15,558 15,003 14,453 13,909 13,836 13,405 16,996 15,996 16,308 16,172 15,889 16,998 19,166 19,737 19,767 19,040 12,651 12,639 12,309
Deferred income taxes 6,929 6,973 7,459 6,844 6,890 6,956 7,111 7,491 7,338 10,316 10,575 10,235 10,355 10,344 11,705 11,504 10,956 10,583 10,855 14,466 14,864 14,232
Assets of discontinued operations 1,517 1,666 1,855 1,957 2,007 1,895 1,841 2,006 1,817 1,709 1,695 1,560 1,761 2,793 2,892 2,985 3,199 2,935 3,177 2,855 3,057 3,009
Non-current assets 87,975 88,084 89,573 88,169 87,455 86,548 85,505 88,049 85,838 104,353 103,246 100,228 102,793 104,186 121,554 120,795 124,882 128,662 132,526 133,546 135,148 131,966
Total assets 127,672 128,445 130,169 128,243 125,256 124,123 123,140 126,698 123,190 163,942 163,045 156,662 163,006 164,472 187,788 180,877 185,540 191,961 198,874 237,133 237,559 245,164

Based on: 10-Q (reporting date: 2026-06-30), 10-Q (reporting date: 2026-03-31), 10-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31).


The asset profile of the organization exhibits a significant long-term contraction, characterized by a substantial reduction in total assets from 245,164 million US dollars in March 2021 to 127,672 million US dollars by June 2026. This downward trajectory is most pronounced between late 2021 and mid-2024, after which the balance sheet appears to have entered a phase of relative stabilization.

Current Asset Contraction and Liquidity
Current assets experienced a sharp decline, falling from 113,198 million US dollars in March 2021 to 39,697 million US dollars in June 2026. A primary driver of the early peak was the presence of assets held for sale, which stood at 33,922 million US dollars in early 2021 before being largely eliminated. Cash and cash equivalents followed a similar downward trend, decreasing from a high of 31,783 million US dollars to approximately 9,345 million US dollars by the end of the observed period, indicating a leaner liquidity position.
Inventory and Receivables Management
Inventories remained relatively stable through 2023, fluctuating around 16,000 to 17,000 million US dollars, before dropping significantly in June 2024 to 9,469 million US dollars. A gradual recovery is observed thereafter, reaching 12,440 million US dollars by June 2026. Current receivables showed a similar pattern, peaking in late 2022 at 17,976 million US dollars, dropping sharply in mid-2024, and subsequently recovering toward 12,360 million US dollars.
Non-Current Asset Devaluation
Non-current assets declined from 131,966 million US dollars in March 2021 to 87,975 million US dollars in June 2026. This reduction is heavily influenced by a significant decrease in goodwill, which dropped from over 25,000 million US dollars in 2021 to approximately 8,954 million US dollars by June 2026. Similarly, property, plant, and equipment (net) saw a consistent reduction, falling from 16,296 million US dollars to 8,135 million US dollars, suggesting a systemic divestment of physical and intangible assets.
Asset Base Stabilization
Following a period of volatility and steep declines, the total asset base shows signs of leveling off starting in June 2024. From the low of 123,190 million US dollars in June 2024, assets increased modestly to 127,672 million US dollars by June 2026. This stability is mirrored in the non-current asset category, which remained consistently between 85,000 and 89,000 million US dollars during the final eight quarters of the data set.

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Assets: Selected Items


Current Assets: Selected Items