GE Aerospace's commercial engines segment revenue grew 21% year over year with a 28% operating margin in the third quarter. Defense revenue grew 7% with a 14% margin. Management once again raised its full-year revenue and profit expectations amid macroeconomic turbulence and industry uncertainty.
The Leap engine is installed on a growing majority of the popular Airbus A320neo family, compounding GE’s prospects for decades of profitable aftermarket revenue from its large installed fleet of engines.
GE is all in on its experimental open-fan Rise design for the next generation of commercial engines, which aircraft makers might, or might not, adopt to propel new jets in the 2040s.
|
Metric
|
GE
|
RTX
|
RR.
|
|---|---|---|---|
Price/Earnings (Normalized) | 42.18 | 27.94 | 38.64 |
Price/Book Value | 17.64 | 3.76 | 38.41 |
Price/Sales | 6.25 | 2.75 | 4.80 |
Price/Cash Flow | 33.08 | 18.94 | 23.02 |
|
Metric
|
GE
|
RTX
|
RR.
|
|---|---|---|---|
Quick Ratio | 0.61 | 0.67 | 0.75 |
Current Ratio | 0.98 | 1.05 | 1.24 |
Interest Coverage | 11.58 | 7.67 | 15.09 |
|
Metric
|
GE
|
RTX
|
RR.
|
|---|---|---|---|
Return on Assets (Normalized) | 5.87% | 5.72% | 7.15% |
Return on Equity (Normalized) | 40.66% | 14.84% | 102.99% |
Return on Invested Capital (Normalized) | 20.07% | 10.33% | 38.52% |
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1-Day Chart
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Name
|
Price
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Morningstar Rating for Stocks
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Capital Allocation
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Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Space Exploration Technologies Corp Class A
SPCX
| LOCK|<pmXwcW | LOCK|?R@!h | $2T | |||
| RTX Corp
RTX
| LOCK|p#L<v!># | LOCK|%? | $261B | |||
| Airbus SE ADR
EADSY
| LOCK|YM&Q%g<> | LOCK|@cw | $172B | |||
| Boeing Co
BA
| LOCK|c#pC#l | LOCK|l$ | $151B | |||
| Rolls-Royce Holdings PLC ADR
RYCEY
| LOCK|>?r&fc# | LOCK|^M@n | $145B | |||
| Lockheed Martin Corp
LMT
| LOCK|#C>mCMh | LOCK|C^ | $127B | |||
| General Dynamics Corp
GD
| LOCK|JFJ&PK$ | LOCK|Z>Z | $93B | |||
| Northrop Grumman Corp
NOC
| LOCK|#><!V@!? | LOCK|y@? | $76B | |||
| BAE Systems PLC ADR
BAESY
| LOCK|<dT$>^V | LOCK|GSh | $76B |
United States