General Electric - revenue 2015-2023
General Electric’s revenue has remained stable during the given period, despite the last three years. In 2020, due to the coronavirus pandemic, the total revenue for General Electric (GE) dropped to 75.8 billion U.S. dollars and had not recovered by 2022, when the revenue reached some 75.6 billion U.S. dollars. In 2023, the amount decreased to 67.8 billion U.S. dollars. This was also due to the separation of the company's healthcare segment.
General Electric company overview
General Electric is a U.S. conglomerate founded some 128 years ago. The company is incorporated in New York and headquartered in the city of Boston. GE currently operates in many segments including power, energy, health care, aviation, and oil and gas, to name a few. Given the number of segments and diversity of General Electric’s segments, the largest segment is their aviation segment, followed by their healthcare segment. The United States is GE’s largest market while Asia is GE's largest sales region outside of the U.S..
International competition
General Electric is not the only conglomerate with stakes in energy and other sectors. As of April 2021, GE was among the largest conglomerates worldwide based on market value. Other big-name conglomerates in the list include Honeywell International and Siemens.
