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Revenue breakdown by Products & Services
Revenue breakdown by Geography

General Electric Company's Revenue by Segment

In fiscal year 2023, General Electric Company's revenue by segment (products & services) are as follows:

  • Aerospace: $31.06 B
  • Corporate: $4.37 B
  • Power: $17.55 B
  • Renewable Energy: $14.97 B

Learn more about General Electric Company’s Revenue by Geography

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The above chart shows General Electric Company's revenue percentage share by segment (products and services).

In fiscal year 2021, General Electric Company's revenue by segment is as follows:

  • Aerospace generated $20.27 B in revenue, representing 27.32% of its total revenue.
  • Corporate generated $4.08 B in revenue, representing 5.5% of its total revenue.
  • Healthcare generated $17.72 B in revenue, representing 23.89% of its total revenue.
  • Power generated $16.56 B in revenue, representing 22.32% of its total revenue.
  • Renewable Energy generated $15.56 B in revenue, representing 20.97% of its total revenue.

The biggest segment for General Electric Company is the Aerospace, which represents 27.32% of its total revenue.
The smallest segment for General Electric Company is the Corporate, which represents 5.5% of its total revenue.

The above chart shows General Electric Company's revenue percentage share by segment (products and services).

In fiscal year 2022, General Electric Company's revenue by segment is as follows:

  • Aerospace generated $25.39 B in revenue, representing 33.17% of its total revenue.
  • Corporate generated $3.81 B in revenue, representing 4.98% of its total revenue.
  • Healthcare generated $18.46 B in revenue, representing 24.11% of its total revenue.
  • Power generated $16.00 B in revenue, representing 20.89% of its total revenue.
  • Renewable Energy generated $12.90 B in revenue, representing 16.85% of its total revenue.

The biggest segment for General Electric Company is the Aerospace, which represents 33.17% of its total revenue.
The smallest segment for General Electric Company is the Corporate, which represents 4.98% of its total revenue.

The above chart shows General Electric Company's revenue percentage share by segment (products and services).

In fiscal year 2023, General Electric Company's revenue by segment is as follows:

  • Aerospace generated $31.06 B in revenue, representing 45.71% of its total revenue.
  • Corporate generated $4.37 B in revenue, representing 6.43% of its total revenue.
  • Power generated $17.55 B in revenue, representing 25.83% of its total revenue.
  • Renewable Energy generated $14.97 B in revenue, representing 22.04% of its total revenue.

The biggest segment for General Electric Company is the Aerospace, which represents 45.71% of its total revenue.
The smallest segment for General Electric Company is the Corporate, which represents 6.43% of its total revenue.
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Summary Table

Products & Services (Percent Share) 2021 2022 2023
Healthcare 23.89% 24.11% -
Corporate 5.5% 4.98% 6.43%
Renewable Energy 20.97% 16.85% 22.04%
Power 22.32% 20.89% 25.83%
Aerospace 27.32% 33.17% 45.71%
Total Revenue 100% 100% 100%

The above chart shows the revenue trend of different segments of General Electric Company.

In fiscal year 2023, the Aerospace generated the most revenue ($31.06 B), and the Corporate generated the least revenue ($4.37 B).

The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.

  • Aerospace revenue increased 22.34% ($5.67 B) from $25.39 B (in 2022) to $31.06 B (in 2023).
  • Corporate revenue increased 14.5% ($553.00 M) from $3.81 B (in 2022) to $4.37 B (in 2023).
  • Healthcare revenue decreased -100% ($18.46 B) from $18.46 B (in 2022) to $0.00 (in 2023).
  • Power revenue increased 9.73% ($1.56 B) from $16.00 B (in 2022) to $17.55 B (in 2023).
  • Renewable Energy revenue increased 16.11% ($2.08 B) from $12.90 B (in 2022) to $14.97 B (in 2023).
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    Summary Table

    Products & Services 2021 2022 2023
    Aerospace $20.27 B - $25.39 B
    25.23%
    $31.06 B
    22.34%
    Corporate $4.08 B - $3.81 B
    6.54%
    $4.37 B
    14.50%
    Healthcare $17.72 B - $18.46 B
    4.16%
    - -
    Power $16.56 B - $16.00 B
    3.40%
    $17.55 B
    9.73%
    Renewable Energy $15.56 B - $12.90 B
    17.12%
    $14.97 B
    16.11%
    Total Revenue $74.20 B - $76.56 B
    3.18%
    $67.95 B
    11.24%