General Electric Company

General Electric Company

General Electric Company

Overview
Date Founded

1892

Headquarters

485 Lake Mirror Rd # 700, Atlanta, GA, 30349, US

Type of Company

Public

Employees (Worldwide)

205K

Industries

Power & Utilities
Shipping & Delivery
Other Manufacturing
Wholesale: Medical Supplies & Pharmaceuticals
Retail & Commercial Banking
Medical Products & Equipment
Aerospace & Defense
Industrial Machinery & Manufacturing
Electrical Products

Company Description

General Electric Co. is a technology and financial services company. It operates through the following segments: Power, Renewable Energy, Aviation, Healthcare, and Capital. The Power segment offers technologies, solutions, and services related to energy production, which includes gas and steam turbines, generators, and power generation services. The Renewable Energy segment provides wind turbine platforms, hardware & software, offshore wind turbines, solutions, products & services to hydropower industry, blades for onshore & offshore wind turbines, and high voltage equipment. The Aviation segment provides jet engines & turboprops for commercial airframes, maintenance, component repair, and overhaul services, as well as replacement parts, additive machines & materials, and engineering services. The Healthcare segment provides healthcare technologies in medical imaging, digital solutions, patient monitoring, and diagnostics, drug discovery, biopharmaceutical manufacturing technologies and performance enhancement solutions. The Capital segment leases & finances aircraft, aircraft engines and helicopters, and also provides financial and underwriting solutions. The company was founded by Thomas Alva Edison in 1878 and is headquartered in Boston, MA.

Contact Data
Trying to get in touch with decision makers at General Electric Company? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

Chairman of the Board & Chief Executive Officer

Chief Financial Officer

Senior Vice President & Chief Financial Officer

Senior Vice President, General Counsel & Secretary

Senior Vice President & Chief Technology Officer

President & Chief Executive Officer, GE Saudi Arabia & Bahrain

Chief Risk Officer & Chief Corporate Counsel

Senior Vice President & Chief Human Resources Officer

Chief Diversity Officer

Chief Digital Officer

Distinguished Alumni
Leigh E. Michl is now Chairman & Chief Executive Officer at Ultimus, Inc.
Marcos Rodriquez is now Former Professional at General Electric Company
Paths to General Electric Company
Potential Connections via
Relationship Science
You
General Electric Company
Owners & Shareholders
Details Hidden

Price Associates uses a complex and multifaceted approach to investment analysis and asset management decisions. They integrate ESG factors into their investment research process. The firm focuses on the ESG factors they consider most likely to have a material impact on the performance of securities in client accounts. Price Associates also focuses on their analytical process on three areas of research: the industry, the contracts issued, and the creditworthiness of each individual issuer.

Details Hidden

ECM seeks to achieve investment returns superior to broad equity market indices in both up and down markets. They uses a fundamental, bottom-up, research-driven approach to find undervalued companies that will experience long-term secular change. The firm offers one strategy, the Eagle Equity portfolio, which they have managed since its inception. The Eagle Equity strategy invests in US traded public equities. From time to time, investments may include companies trading in the form of ADRs of non-US corporations that fit their investment criteria. Each Eagle Equity portfolio typically holds 25 to 35 positions. ECM generally limits portfolio holdings to 10 percent portfolio weights at market value and they primarily invest in the securities of larger capitalization companies. From time to time, they may also consider lower-cap companies.

Details Hidden

H&W employs an active, team-based investment approach driven by fundamental research and bottom-up security selection. The firm offers value equity investment strategies across the market-cap spectrum, as well as strategies that emphasize income generation. Their investment focus is on equity securities, fixed-income securities, options, derivatives and other securities, depending on the investment objective of the client. H&W seek to invest in stocks whose future prospects are misunderstood or are not fully recognized by the market. For investments in fixed income securities, H&W develops an outlook for credit markets, interest rates, currency exchange rates and the economy, analyzes individual credit and call risks, and uses other security selection techniques. The proportion of assets allocated to investment in securities with particular characteristics (such as quality, sector, interest rate or maturity) varies based on the firm's outlook for the US economy and the economies of other countries in the world, the financial markets and other factors. H&W's capital income strategies invest in equity and high yield fixed income securities that generate current income and are attractively valued. The allocation between high yield and equity can vary over time depending on where the firm identifies compelling opportunities. For hedged value strategy, H&W invests in long and short positions in securities consisting principally, but not solely, of publicly traded US and non-US equity and equity-related securities. The firm may also invest in preferred stocks, private securities, convertible securities, warrants, options (including covered and uncovered puts and calls and overthe-counter options), futures, swaps and other derivative instruments, bonds and other fixed income securities, ETFs, mutual funds and money market instruments. They also engages in short selling, margin trading, hedging and other investment strategies. H&W is a signatory to the United Nations-supported Principles for Responsible Investment (UNPRI).

Recent Transactions
Details Hidden

Savant Systems LLC, Kohlberg Kravis Roberts & Co. LP purchase General Lighting Solutions LLC from General Electric Company

Details Hidden

Aernnova Aerospace Corporation SA purchases GE Aviation Systems Aerostructures Hamble Ltd. from General Electric Company

Details Hidden

Baker Hughes Co. issued USD Common Stock

Transaction Clients

Advised on Baker Hughes Co. issued USD Common Stock

Advised on Westinghouse Air Brake Technologies Corp. issued USD Common Stock

Investment Advisor

Advised on A & A Manufacturing Co., Inc. /Private Group purchases Dynatect Manufacturing, Inc. from Audax Private Equity

Insider Transactions
Details Hidden
Transaction Advisors
Auditor

Advised onGeneral Electric Company issued USD Common Stock

Legal Advisor

Advised onComcast Corporation purchases NBCUniversal Media LLC from General Electric Company

Accountant

Advised onGeneral Electric Company, Leconport Estates, BT Group Plc purchase MEPC (1946) Ltd.

Legal Advisor

Advised onComcast Corporation purchases NBCUniversal Media LLC from General Electric Company

Legal Advisor

Advised onGeneral Electric Company purchases Baker Hughes Holdings LLC resulting in a new company Baker Hughes Co.

Legal Advisor

Advised onGeneral Electric Company purchases NBCUniversal Media LLC from Vivendi SA

Advisors & Consultants
Advisor

Magellan International, L.P. is the adviser of choice among top professional services firms seeking guidance and counsel on talent acquisition. For over fifteen years, we have helped leading advisory services, management consulting, IT Services firms and Fortune 500 companies navigate the professional services talent pool. By acting as a trusted adviser to both clients and candidates, we leverage our deep experience to build long-standing relationships and facilitate executive level hires that are persistent.

Legal Advisor

Partner at Jones Day

Legal Advisor

Partner at Jones Day

Legal Advisor

Co-Executive Chairman at Winston & Strawn LLP

Clients

SoftBank Group Corp. operates as a holding company which engages in the management of its group companies. It operates through the following segments: SoftBank Vision Fund, SoftBank, Arm, Brightstar, and others. The SoftBank Vision Fund segment engages in the investment business. The SoftBank segment provides mobile communication, broadband, and telecom services in Japan. The Arm segment designs microprocessors and develops software technologies. The Brightstar segment engages in the distribution of mobile devices overseas. The Other segment includes Smartphone payments business, Alternative investment business, Fund business in Latin America and operation of the baseball team. The company was founded by Masayoshi Son on September 3, 1981 and is headquartered in Tokyo, Japan.

The Home Depot, Inc. engages in the sale of building materials and home improvement products. Its products include building materials, home improvement products, lawn and garden products, and decor products. It offers home improvement installation services,and tool and equipment rental. The company was founded by Bernard Marcus, Arthur M. Blank, Kenneth Gerald Langone, and Pat Farrah on June 29, 1978 and is headquartered at Atlanta, GA.

Lockheed Martin Corp. operates as a global security and aerospace company, which engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. It operates through the following business segments: Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS) and Space. The Aeronautics segment researches, designs, develops, manufactures, integrates, sustains, supports, and upgrades advanced military aircraft, including combat and air mobility aircraft, unmanned air vehicles, and related technologies. The MFC segment provides air and missile defence systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support and integration services; manned and unmanned ground vehicles; and energy management solutions. The RMS segment offers design, manufacture, service, and support for a variety of military and commercial helicopters; ship and submarine mission and combat systems; mission systems and sensors for rotary and fixed-wing aircraft; sea and land-based missile defence systems; radar systems; the Littoral Combat Ship; simulation and training services; and unmanned systems and technologies. The Space segment comprises of the research and development, design, engineering and production of satellites, strategic, and defensive missile systems and space transportation systems. The company was founded in 1961 and is headquartered in Bethesda, MD.

Key Stats and Financials As of 2019
Market Capitalization
$53.1B
Total Enterprise Value
$157B
Earnings Per Share
$-0.03
Revenue
$95.1B
Net Profit
$205M
Total Equity
$30.3B
Total Debt
$94B
EBITDAMargin
15.1%
EBITDA
$14.4B
Enterprise Value Sales
1.65x
Enterprise Value EBITDAOperating
10.72x
TEVNet Income
765.85x
Debt TEV
0.6x
Non-Profit Donations & Grants
$100 - $499
2019
$100K +
2019
$1,000 - $4,999
2019
Non-Profit Donations & Grants Received
Political Donations
$2,000
2014
$1,000
2014
$1,000
2014
Investments
Details Hidden

Attivio, Inc. operates a software company, which specializes in enterprise search solutions and unified information access. Its products include data source discovery, search based applications, content analytics, data discovery for sportfire and data discovery for tableau. Attivio was founded by Ali I. Riaz, Sid Probstein, Rik Tamm-Daniels, Martin Serrano, William K. Johnson III and Andrew McKay in 2007 and is headquartered in Newton, MA.

Details Hidden

Genpact Global provides business services and technology solutions. The company services are divided into functional practices and industrial practices. Its industrial practices include banking, finance, insurance, manufacturing, transportation and automotive areas. The company functional practices include sales and marketing analytics, supply chain and aftermarket services, finance and accounting, information technology services, enterprise application services and program management. Genpact has offices in China, Mexico, Hungary, Romania and the United States. The company was founded by Pramod Bhasin in 1997 and is headquartered in Gurgaon, India.

Details Hidden

Mubadala Infrastructure Partners provides infrastructure investment and development services. It invests in greenfield and operating assets and projects in the power, water, utilities, social infrastructure, transportation, water, energy, and telecommunications infrastructure fields. The company was founded by Philip K. Haddad in 2008 and is headquartered in Abu Dhabi, United Arab Emirates.

Suppliers
AAR Corp. Industrial Machinery & Manufacturing | Wood Dale, IL

AAR is an independent provider of aviation services to commercial and government customers worldwide. Our aftermarket expertise and award-winning solutions help customers increase efficiency and reduce costs while maintaining high levels of quality, service and safety.

CECO Environmental Corp. Power & Utilities | Cincinnati, OH

CECO Environmental Corp. engages in the provision of engineering technology and solutions. It offers services in the field of environment, energy, fluid handling, and filtration. The firm operates through the following segments: Energy Solutions, Industrial Solutions, Fluid Handling Solutions, and Corporate and Other. The Energy Solutions segment improves air quality and solves fluid handling needs with market engineered, and customized solutions for the power generation, oil and gas, and petrochemical industries. The Industrial Solutions segment serves the industrial pollution control market. The Fluid Handling Solutions segment provides pump and filtration solutions that maintain safe and clean operations in some of the most harsh and toxic environments. The company was founded by Phillip DeZwirek in 1966 and is headquartered in Dallas, TX.

Esterline Technologies Corp. Electrical Products | Bellevue, WA

Esterline Technologies Corp. engages in the manufacture of aircraft parts and components, automated drilling products and machine tool systems. The firm product brands include Armtec, Auxitrol, CMC, Darchem, Jsanco, Leach and LRE. It operates through the following segments: Avionics & Controls; Sensors & Systems; and Advanced Materials. The Avionics & Controls segment includes avionics systems, control systems, interface technologies and communication systems capabilities. The Sensors & Systems segment includes power systems, connection technologies and advanced sensors capabilities. The Advanced Materials segment includes engineered materials and defense technologies capabilities. The company also develops and manufactures combustible ordnance and countermeasures for military applications. Esterline Technologies was founded in 1967 and is headquartered in Bellevue, WA.

Competitors
Raytheon Technologies Corp. Aerospace & Defense - Waltham, MA

Raytheon Technologies Corp. engages in the provision of aerospace and defense systems and services for commercial, military, and government customers. It operates through the following segments: Collins Aerospace Systems, Pratt and Whitney, Raytheon Intelligence and Space, and Raytheon Missiles and Defense. The Collins Aerospace Systems segment specializes in the aero structures, avionics, interiors, mechanical systems, mission systems, and power controls. The Pratt and Whitney segment includes design and manufacture of aircraft engines and auxiliary power systems for commercial, military, and business aircraft. The Raytheon Intelligence and Space segment involves in the development of sensors, training, and cyber and software solutions. The Raytheon Missiles and Defense segment offers end-to-end solutions to detect, track, and engage threats. The company was founded in 2020 and is headquartered in Waltham, MA.

Honeywell International, Inc. Aerospace & Defense - Charlotte, NC

Honeywell International is a technology and manufacturing company that offers energy, safety, and security solutions and technologies. It offers aerospace products and services; control technologies for buildings, homes, and industry; automotive products; turbochargers; specialty chemicals; electronic and advanced materials; process technology for refining and petrochemicals; and energy efficient products and solutions. The company offers energy efficiency benefits across four industry sectors: transportation, commercial buildings, industrial, and residential. Its safety technologies focus on emergency management, flights, and workplace. It offers security and control technologies for industrial, defense, and residential purposes. Honeywell International’s offerings are categorized as consumer and home; aerospace and defense; safety and security; buildings, construction, and maintenance; scanning and mobile productivity; industrial process control; efficiency, energy, and utilities; automotive and transportation; oil and gas, refining, petrochemicals, and biofuels; healthcare and medical; chemicals, specialty materials, and fertilizers; manufacturing; and fire protection and first responder. Honeywell International was founded in 1906 and is based in Morristown, New Jersey.

Rolls-Royce Holdings Plc Aerospace & Defense - London, United Kingdom

Rolls-Royce Holdings Plc designs, develops, manufactures, and services integrated power systems for use in the air, on land, and at sea. The company operates its business through following segments: Civil Aerospace, Power Systems, Defense, ITP Aero, and Corporate. The Civil Aerospace segment offers commercial aero engines and aftermarket services. The Power Systems segment includes engines, power systems and nuclear systems for civil power generation. The Defense segment consists of military aero engines, naval engines, submarines and aftermarket services. The ITP Aero segment provides aeronautical engines and gas turbines. The company was founded in March 1906 and is headquartered in London, the United Kingdom.

Awards & Honors
Rank #11
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
Rank #11
2016
Fortune Magazine - Fortune 500 Companies
Sponsored by Fortune Magazine
This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by General Electric Company. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of General Electric Company's profile does not indicate a business or promotional relationship of any kind between RelSci and General Electric Company.