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GE Aerospace (GE Aerospace) EV-to-EBIT

: 14.81 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, GE Aerospace's Enterprise Value is $167,468 Mil. GE Aerospace's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $11,309 Mil. Therefore, GE Aerospace's EV-to-EBIT for today is 14.81.

The historical rank and industry rank for GE Aerospace's EV-to-EBIT or its related term are showing as below:

GE' s EV-to-EBIT Range Over the Past 10 Years
Min: -811.84   Med: 14.35   Max: 123.48
Current: 14.81

During the past 13 years, the highest EV-to-EBIT of GE Aerospace was 123.48. The lowest was -811.84. And the median was 14.35.

GE's EV-to-EBIT is ranked better than
74.35% of 230 companies
in the Aerospace & Defense industry
Industry Median: 25.875 vs GE: 14.81

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. GE Aerospace's Enterprise Value for the quarter that ended in Dec. 2023 was $112,255 Mil. GE Aerospace's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $11,309 Mil. GE Aerospace's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 10.07%.


GE Aerospace EV-to-EBIT Historical Data

The historical data trend for GE Aerospace's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

GE Aerospace Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.39 9.98 -19.43 89.59 9.93

GE Aerospace Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 89.59 9.94 9.03 8.95 9.93

Competitive Comparison

For the Aerospace & Defense subindustry, GE Aerospace's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


GE Aerospace EV-to-EBIT Distribution

For the Aerospace & Defense industry and Industrials sector, GE Aerospace's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where GE Aerospace's EV-to-EBIT falls into.



GE Aerospace EV-to-EBIT Calculation

GE Aerospace's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=167468.274/11309
=14.81

GE Aerospace's current Enterprise Value is $167,468 Mil.
GE Aerospace's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $11,309 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


GE Aerospace  (NYSE:GE) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

GE Aerospace's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=11309/112255.18338
=10.07 %

GE Aerospace's Enterprise Value for the quarter that ended in Dec. 2023 was $112,255 Mil.
GE Aerospace's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $11,309 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


GE Aerospace EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of GE Aerospace's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


GE Aerospace (GE Aerospace) Business Description

Address
5 Necco Street, Boston, MA, USA, 02210
GE was formed through the combination of two companies in 1892, including one with historical ties to American inventor Thomas Edison. Today, GE is a global leader in air travel and in the energy transition. The company is known for its differentiated technology and its massive industrial installed base of equipment sprawled throughout the world. That installed base most notably includes aerospace engines, gas and steam turbines, and onshore and offshore wind turbines. GE earns most of its profits on the service revenue of that equipment, which is generally higher-margin. The company is led by Danaher alumnus Larry Culp, who is leading a multiyear turnaround of the conglomerate based on lean principles.
Executives
Michael J Holston officer: Senior Vice President GENERAL ELECTRIC COMPANY, ONE FINANCIAL CENTER, SUITE 3700, BOSTON MA 02111
Rahul Ghai officer: Senior Vice President GENERAL ELECTRIC COMPANY, 5 NECCO STREET, BOSTON MA 02210
Scott Strazik officer: Senior Vice President ONE FINANCIAL CENTER, SUITE 3700, BOSTON MA 02111
Jessica R. Uhl director 200 WEST STREET, NEW YORK NY 10282
Thomas S Timko officer: Vice President 300 RENAISSANCE CENTER, M/C: 482-C25-A36, DETROIT MI 48265-3000
Darren W Mcdew director 100 ABBOTT PARK ROAD, ABBOTT PARK IL 60064
L Kevin Cox officer: Senior Vice President THE PEPSI BOTTLING GROUP, INC., ONE PEPSI WAY, SOMERS NY 10589
Russell Stokes officer: Senior Vice President ONE FINANCIAL CENTER, SUITE 3700, BOSTON MA 02111
Happe Carolina Dybeck officer: Senior Vice President 5 NECCO STREET, BOSTON MA 02210
John S. Slattery officer: Executive Vice President 5 NECCO STREET, BOSTON MA 02210
Thomas W Horton director 4333 AMON CARTER BLVD., FORTH WORTH TX 76155
Isabella D Goren director C/O LYONDELLBASELL INDUSTRIES N V, DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Francisco Dsouza director 500 GLENPOINTE CENTRE W, TEANECK NJ 07666
Risa J Lavizzo-mourey director GE HEALTHCARE TECHNOLOGIES INC., 500 W. MONROE ST., CHICAGO IL 60661
Paula Rosput Reynolds director 605 HILLSIDE DRIVE EAST, SEATTLE WA 98112