General Electric Company (GE)

General Electric Company: from historic conglomerate to three independent companies

General Electric Company (GE) is an American industrial group headquartered in Cincinnati, Ohio, whose history dates back to 1892. The company presents itself as responsible for having invented the future of industry for more than 130 years and for having driven technologies that transformed the world and improved billions of lives. Today, that activity continues through three independent, publicly traded companies: GE Aerospace, GE Vernova, and GE HealthCare.

GE Aerospace: engines and systems for aviation

GE Aerospace (NYSE: GE) defines itself as a global leader in the propulsion, services, and aerospace systems sectors. Its installed base exceeds 44,000 commercial aviation engines and 26,000 military engines. The company has a global workforce of 52,000 employees and states that its technology helps power three out of four commercial flights worldwide. Its stated purpose is to invent the future of flight, lift people up, and bring them home safely.

GE Vernova: power generation and energy transition

GE Vernova Inc. (NYSE: GEV) is a global energy company structured into the Power, Electrification, and Wind segments, supported by its accelerator businesses. With approximately 85,000 employees in nearly 100 countries and headquartered in Cambridge, Massachusetts, it presents itself as a company positioned to lead the energy transition, electrifying the world while working to decarbonize it. Its technology helps generate about 30% of the world's electricity, with more than 55,000 wind turbines and nearly 7,000 gas turbines. The company describes its mission as "The Energy to Change the World" and details that its name combines GE's heritage with "Ver"/"verde," referring to Earth's ecosystems, and "Nova," from the Latin "novus," which alludes to a new era of low-carbon energy.

GE HealthCare: medical technology and diagnostics

GE HealthCare (NASDAQ: GEHC) presents itself as a global innovator in medical technology, pharmaceutical diagnostics, and digital solutions. Its activity is focused on offering integrated solutions, services, and data analytics that make hospitals more efficient, clinicians more effective, therapies more precise, and patients healthier. With more than 100 years of service to patients and providers, the company groups its Imaging, Ultrasound, Patient Care Solutions, and Pharmaceutical Diagnostics businesses, which cover diagnosis, therapy, and monitoring. It defines itself as an $18.3 billion business with 50,000 employees.

Scale data for the three companies

• GE Aerospace: annual revenue of approximately $32 billion, more than 44,000 commercial engines, and more than 26,000 military engines.
• GE Vernova: annual revenue of approximately $33 billion, contribution to about 30% of the world's electricity, more than 55,000 wind turbines, and nearly 7,000 gas turbines.
• GE HealthCare: annual revenue of approximately $19 billion, more than 1 billion patients served annually, and more than 4 million installed equipment units.

Licensed consumer products

GE's website lists consumer products marketed by third parties under the GE brand. These include home appliances (GE Appliances, by Haier), lighting (GE Lighting, by Savant), and CYNC connectivity products. Also included are blood glucose monitors from Bionime USA; consumer silicones, sealants, and adhesives from Henkel Corp.; digital body composition scales from Fit Profile; holiday lighting and décor from Nicolas Holiday Ltd.; home electrical products from Jasco Products Company LLC, such as surge protectors, extension cords, electronic accessories, and night lights; personal protective equipment from Caco America LLC; and solar inverters from GoodWe Technologies Co., Ltd.

Corporate structure and investor resources

The company maintains sections with information about the company, investors, news, FAQs, and contact, as well as resources on the spinoff, ESG reports, and global impact. GE also publishes its policies and terms, including accessibility, California supply chain transparency, cookies, fraud alert, integrity, pay transparency, privacy, and the UK Modern Slavery Act statement.

Location and contact

1 Neumann Way, Cincinnati, OH 45215