GE Aerospace (GE)
NYSEIndustrialsAerospace & DefenseSnapshot 2026-11-04
$329.45+2.74%
Close 2026-11-04 · 1-day change
NYSEIndustrialsAerospace & DefenseSnapshot 2026-11-04
QuarterlyIQ Insights · GE
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within industrials on a research-validated quality screen. As of 2026-11-04.
The screen ranks GE against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 3 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 3 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated strong grew net income 68% of the time over the next year (vs 52% for the rest of the cohort, n=6978).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
We are raising our 2026 guidance across the board, and we now expect 2027 commercial services to grow low-double-digits supported by our over $170 billion commercial services backlog.”
Stated in 6 of 8 supplied quarters. Management reported: “We are raising our 2026 guidance across the board, and we now expect 2027 commercial services to grow low-double-digits supported by our over $170 billion commercial services backlog.”” “As we look forward, we remain focused on advancing what matters most for our customers: delivering on our over $210 billion backlog while investing in current and next-generation technology to improve time-on-wing and cost of ownership.”” Revenue was $14.118 billion in 2026-Q3.
“We are raising our 2026 guidance across the board, and we now expect 2027 commercial services to grow low-double-digits supported by our over $170 billion commercial services backlog.””
“As we look forward, we remain focused on advancing what matters most for our customers: delivering on our over $210 billion backlog while investing in current and next-generation technology to improv…”
“FLIGHT DECK keeps us focused on what our customers value: driving improvements in output and durability, while reducing cost of ownership and applying today's learnings to next-generation technologie…”
“Our performance demonstrates how FLIGHT DECK is taking hold as we accelerated services and equipment output to fulfill our growing backlog of roughly $190 billion."”
“Given the strength of our year-to-date results and our expectations for the fourth quarter, we're raising our full-year guidance across the board."”
“Our team is using FLIGHT DECK to improve safety, quality, delivery and cost—always in that order—as we strive to provide unrivaled customer service and deliver on our roughly $175 billion backlog."”
• Signed an agreement to acquire Consolidated Precision Products (CPP) to expand mission-critical castings capacity for the aerospace industry to meet demand across commercial engines, aftermarket an…
Stated in 6 of 8 supplied quarters. Management reported: “• Signed an agreement to acquire Consolidated Precision Products (CPP) to expand mission-critical castings capacity for the aerospace industry to meet demand across commercial engines, aftermarket and defense.” “• Shared plans to invest $1 billion in U.S. manufacturing sites and supplier base for the second consecutive year to help accelerate engine deliveries, ramp parts that extend time-on-wing, and strengthen the defense industrial base.”
All the while, we're continuing to invest in our customers' needs with our agreement to acquire CPP to expand capacity, and over $3 billion in annual R&D to advance current and future technologies."
Stated in 6 of 8 supplied quarters. Management reported: “All the while, we're continuing to invest in our customers' needs with our agreement to acquire CPP to expand capacity, and over $3 billion in annual R&D to advance current and future technologies."” “• Continued to advance next-generation defense propulsion by successfully completing Assembly Readiness Review of the XA102 engine and secured a contract with the U.S. Air Force to mature the GE426 engine through preliminary design review to support their medium thrust class Autonomous Collaborative Platform.”
We are raising our 2026 guidance across the board, and we now expect 2027 commercial services to grow low-double-digits supported by our over $170 billion commercial services backlog.”
Stated in 6 of 8 supplied quarters. Management reported: “In 2026, CES now expects revenue growth of low 20s, up from our prior guide of ~20%, driven by higher services revenue, which we now expect to grow at the higher end of our prior guide of low 20s, and equipment revenue growth of low 20s, up from ~20%.” “Operating profit is expected to be in the range of $10.5-$10.6 billion, up from our prior guide of $10.25-$10.35 billion, driven by higher services growth and reduced GE9X impact.”
• Advanced key defense programs, including the GEK800 (F143) engine with Kratos being designated as a second-source propulsion solution for the Joint Air-to-Surface Standoff Missile (JASSM) and conti…
Stated in 6 of 8 supplied quarters. Management reported: “• Advanced key defense programs, including the GEK800 (F143) engine with Kratos being designated as a second-source propulsion solution for the Joint Air-to-Surface Standoff Missile (JASSM) and continued progress on the XA102 adaptive-cycle engine as the U.S. Air Force’s Next Generation Adaptive Propulsion (NGAP) program moves into hardware procurement and subcomponent testing.” “• Continued to advance next-generation defense propulsion by successfully completing Assembly Readiness Review of the XA102 engine and secured a contract with the U.S. Air Force to mature the GE426 engine through preliminary design review to support their medium thrust class Autonomous Collaborative Platform.”
Over the trailing year it converted 1.07x of net income into operating cash flow. Historically, Industrials names rated neutral grew net income 59% of the time over the next year (vs 54% for the rest of the cohort, n=6652).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, long-term interest rates, real (inflation-adjusted) rates, Fed net liquidity (low R² over the window).
6 material management or governance events in the past 24 months, led by executive changes. Historically, Industrials names rated stable grew net income 60% of the time over the next year (vs 56% for the rest of the cohort, n=6637).
Not investment advice. As of 2026-11-04.
“• Signed an agreement to acquire Consolidated Precision Products (CPP) to expand mission-critical castings capacity for the aerospace industry to meet demand across commercial engines, aftermarket an…”
“• Completed certification for the LEAP-1B durability kit, including the upgraded HPT blade, which is expected to deliver ~2x improvement in time-on-wing, with full cutover expected beginning of 2027.”
“• Shared plans to invest $1 billion in U.S. manufacturing sites and supplier base for the second consecutive year to help accelerate engine deliveries, ramp parts that extend time-on-wing, and streng…”
“• Investing more than $1 billion across global Maintenance, Repair and Overhaul (MRO) network, including half billion dollar investment for LEAP capacity in Brazil, Malaysia, Dubai, Dallas and other…”
“• Building on learnings from GEnx and LEAP, started the second dust ingestion testing on the GE9X and the first on the CFM RISE program , key milestones in advancing durability and reliability across…”
“Recent highlights include: • Using FLIGHT DECK to drive improvements with suppliers, remove waste in operations, and expand capacity; material input at priority supplier sites improved 10% sequential…”
“All the while, we're continuing to invest in our customers' needs with our agreement to acquire CPP to expand capacity, and over $3 billion in annual R&D to advance current and future technologies."”
“• Continued to advance next-generation defense propulsion by successfully completing Assembly Readiness Review of the XA102 engine and secured a contract with the U.S. Air Force to mature the GE426 e…”
“• Established Singapore as the world's first airport testbed for Open Fan technology as a part of the CFM RISE program to study the integration of next-generation engine architecture into airport ope…”
“• Renewed agreement between CFM International and International Air Transport Association (IATA), which affirms CFM's commitment to an open aftermarket for CFM56 and LEAP.”
“• Building on learnings from GEnx and LEAP, started the second dust ingestion testing on the GE9X and the first on the CFM RISE program , key milestones in advancing durability and reliability across…”
“This contributed to higher output year-over-year, with Commercial Engines & Services (CES) services revenue up 29% and total engine units up 45%.”
“We are raising our 2026 guidance across the board, and we now expect 2027 commercial services to grow low-double-digits supported by our over $170 billion commercial services backlog.””
“As we look forward, we remain focused on advancing what matters most for our customers: delivering on our over $210 billion backlog while investing in current and next-generation technology to improv…”
“With the dynamic geopolitical landscape, we're holding our full-year guidance across the board and are trending toward the high-end of the range given our strong start to the year."”
“Lawrence Culp, Jr., said, “ With a strong fourth quarter, GE Aerospace delivered an outstanding year as revenue grew 21%, EPS was up 38%, and free cash flow conversion exceeded 100%.”
“Given the strength of our year-to-date results and our expectations for the fourth quarter, we're raising our full-year guidance across the board."”
“We are raising our 2025 guidance and 2028 outlook, with our operating performance and robust commercial services outlook underpinning our higher revenue, earnings, and cash growth expectations.”
“• Advanced key defense programs, including the GEK800 (F143) engine with Kratos being designated as a second-source propulsion solution for the Joint Air-to-Surface Standoff Missile (JASSM) and conti…”
“• Continued to advance next-generation defense propulsion by successfully completing Assembly Readiness Review of the XA102 engine and secured a contract with the U.S. Air Force to mature the GE426 e…”
“In 2026, DPT continues to expect revenue growth of mid- to high-single-digit, and operating profit of $1.55-$1.65 billion.”
“• Renewed agreement between CFM International and International Air Transport Association (IATA), which affirms CFM's commitment to an open aftermarket for CFM56 and LEAP.”
“In, 2025, DPT now expects revenue growth of high-single-digits, up from mid-to-high-single digits from improved engine output.”
“In 2025, DPT continues to expect to deliver mid-single-digit to high-single-digit revenue growth and $1.1 to $1.3 billion of operating profit.”