Company Profile: General Electric


General Electric is one of the largest and most diversified industrial corporations in the world. Many people believe that by investing in General Electric, you automatically diversify your portfolio because of the wide range of services and products GE offers. Their address is 3135 Easton Turnpike, Fairfield, Ct. 06431. Their phone number is 203-373-2211 and their fax number is 203-373-3131. Their stock symbol is GE and they are listed on the NYSE. The company URL is http://www.ge.com/.

Business Summary: General Electric’s empire is vast and very diversified. The following is a partial list of their products and services:

…major appliances …lighting products …industrial automation products …medical imaging equipment …motors …locomotives …electrical distribution/control equipment …power generation/delivery products …nuclear power support services and fuel assemblies …commercial and military aircraft jet engines …electrical product supply houses …electrical apparatus installation …engineering, repair/rebuilding services …computer-related information services …network television services …operates television stations …provides cable, Internet and multimedia and/distribution services …offers a broad array of financial services

Financial Summary: Like almost all other corporations, General Electric has been affected by the economic downturn, but it’s vastness and diversity helps to keep the GE boat afloat quite comfortably. The fiscal year ending on 12/31/00 saw total revenues rising 16% to $129.85 billion. Net income rose 19% to $12.74 billion. These results are the reflection of increased revenues from the Power Systems and Medical Systems segments and improved operating margins.

Officers of the company: …John Welch, Jr., Ph.D., 65, Chairman, CEO …Jeffrey Immelt, 44, Pres, Chairman-Elect …Denis Dammerman, 55, Vice Chairman …John Opie, 62, Vice Chairman …Robert White, 57, Vice Chairman

Recent Events: A new 52-week low of $36.42 occurred on March 22. GE says may not replace some workers lost to attrition and/or retirement.

Upcoming Events: On April 25, 2001, a dividend payment $0.16 will be made. Company Statistics: The following company statistics are good as of the first day of April, 2001. Note: Abbreviations are M=million, B=billion, ttm=twelve trailing months, mrq=most recent quarter, EBITDA=Earnings Before Interest Taxes Depreciation Amortization.

Price and Volume of Shares: …52 week low on 22 March 2001 of $36.42 …52 week high on 28 August 2000 of $60.50 …daily volume on 3 months basis was 22.4M …daily volume on 10 day basis was 33.8M

Stock Performance: GE’s stock performance showed a 52-week change of -21.8%.

Share Related Information: GE shows a market capitalization of $411.2B with a 9.83B share float.

Dividends and Splits: …annual dividend is $0.64 (indicated) …dividend yield is 1.55% …last split was a 3 for 1 on 08 May 2000 Stock per Share Data: …book value is $5.08 mrq …earnings is $1.27 ttm …earnings is $0.36 mrq …sales were $12.91 ttm …cash was $0.82 mrq

Valuation Ratios: …Price/Book equals 8.14 mrq …Price/Earnings equals 32.68 ttm …Price/Sales equals 3.21 ttm

Income Statement Information: …sales were $129.9B ttm

The copyright of the article Company Profile: General Electric in Company Profiles is owned by George E. Banks Jr.. Permission to republish Company Profile: General Electric in print or online must be granted by the author in writing.

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