Added to YB: 2026-08-11
Pitch date: 2026-08-07
GE [neutral]
General Electric Company
-1.3%
current return
Author Info
No bio for this author
Company Info
General Electric Company, doing business as GE Aerospace, designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and aircraft systems.
Market Cap
$384.0B
Pitch Price
$371.52
Price Target
N/A
Dividend
0.51%
EV/EBITDA
32.60
P/E
43.62
EV/Sales
7.79
Sector
Aerospace and Defense
Category
growth
GE Aerospace: The Razor, the Blade, and the Thirty-Year Contract
GE (overview): Powers ~75% of commercial flights via engines + CFM JV w/Safran. Razor-blade model: engines sold at up to 70% discount, services = ~70% of lifetime rev & nearly all profit. 2025 rev $42B (70% services), $210B backlog (5yrs). 80k engines installed. Only scaled player in narrowbody, widebody & defense; no new entrant in 50yrs. Post-2023/24 spinoffs re-rated on record traffic + margins (commercial +27% Q2). Pricey at 43x P/E (avg 37x), 2.3% FCF yield. Risk: GTF-style flaw cost P&W $3B+.
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