GE
GE Aerospace

GE AerospaceGE

Industrials · Aerospace & Defense
319.22USD
+0.07%
Sep 23, 2026
GE overview ready
Key provider of military and commercial aircraft propulsion and aftermarket services
GE Aerospace is a major aircraft-propulsion OEM and aftermarket provider, with commercial engines and services as its larger business alongside Defense & Propulsion Technologies serving military fixed-wing, rotorcraft, and related propulsion programs.
Strong narrative exposure
Exposed to the Defense Rearmament and Industrial Base narrative through Military Aircraft Propulsion and Sustainment — bottleneck supplier.
No clear price read
Longer-term context reads near trend floor, with a near-term setup of distribution pressure.
Demanding valuation
The price embeds expectations that run ahead of what comparable businesses command.
Unremarkable fundamentals
Primary risk
Cyclical downturns in commercial aviation demand.
Market Sep 22Filing Jun 30Price action Sep 22Research Jul 29

Conviction Level

NarrativeHeat8.3ThemeHeat6.5PriceAction6.0Valuation3.0CompanyPosition7.3
Price
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Price Action

No clear price read
Longer-term context reads near trend floor, with a near-term setup of distribution pressure.
EntryConstructive

Structure is constructive, but price remains well extended from the long-term weekly base and the earlier reset has already been partly recovered — a workable rather than ideal entry location.

Key Financials

Market Cap
$331.2B
Avg Volume (60D)
3.8M
60 sessions
Revenue Growth YoY
+18.5%
FY2025 vs FY2024
Gross Margin
+31.1%
Operating Margin
+18.5%
Trailing twelve months
Free Cash Flow Yield
+2.5%
Distance from 200DMA
-1.0%
Next Earnings
2026-10-20
P/E
36.9x
EV / Sales
6.7x
Market metrics as of Sep 22, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Fundamentals & Valuation

Only one valuation perspective could be built for this company, and it reads expensive.
GE Aerospace has an Expensive valuation stance because the price embeds expectations that run ahead of what comparable businesses command. It trades at a 2.5% free-cash-flow yield and 6.7x revenue, which require sustained delivery to be justified.

Company Research

Thesis
GE Aerospace is a major aircraft-propulsion OEM and aftermarket provider, with commercial engines and services as its larger business alongside Defense & Propulsion Technologies serving military fixed-wing, rotorcraft, and related propulsion programs.
Opportunity
Moderate opportunity
Defense procurement, fleet-readiness requirements, and next-generation aircraft programs driving demand for military jet and rotorcraft engines, propulsion upgrades, spare parts, depot services, and production capacity.
Key risk
Cyclical downturns in commercial aviation demand.

Narrative & Theme

Defense Rearmament and Industrial Base
Part of Military Aircraft Propulsion and Sustainment, with moderate fit.
GE is a genuine but unlisted adjacent fit to the promoted Defense Rearmament and Industrial Base narrative.
Narrative HeatHeating up8.3 / 10
Theme HeatNeutral6.5 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.

Business & Markets

Industrials · Aerospace & Defense
What they do

GE Aerospace designs, manufactures, and services commercial and defense aircraft engines and related systems through its two segments: Commercial Engines & Services, and Defense & Propulsion Technologies.

How it earns

The company generates revenue primarily through transactional sales of engines, spare parts, and maintenance, repair, and overhaul (MRO) services.

Products & services
Commercial aircraft engines
Defense aircraft engines
Engine components
Maintenance, repair, and overhaul (MRO) services
Aircraft systems
Customers & end markets
Commercial airlines
Business aviation operators
Defense and military agencies
Market position

GE Aerospace is a leading global provider in the aerospace engine market with a strong presence in both commercial and defense sectors.

Demand drivers
High cyclicality

Aerospace demand is closely tied to airline industry cycles and defense spending, which can be volatile.