Global 500 rank: 11 (Previous rank: 11)
2006 Revenues (millions): $168,307
Headquarters: Fairfield, CT
Country: U.S.
Get quote: GE
GE bounced back from a weak year in 2005, when revenues grew just 2.8% and profits fell 2.8%. In 2006, revenues were up 7.1% and profits grew 27%. Growth was strongest in its infrastructure division, which GE touts with its "ecomagination" advertising campaign featuring products like windmill turbines and fuel-efficient jet engines. GE has also been streamlining the company: Last year it sold its GE supply and advanced materials businesses. This year, it plans to sell its plastics division.
See more Global 500 data for General Electric
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11. General Electric
|  Old-economy outfits top Fortune's annual Global 500 list, thanks to rising oil prices and a slew of mergers that drove record profits. (more)  Exxon Mobil leads our list of top earners this year. Which other companies are among the most profitable on the planet? (more)  Which automaker lost a whopping $12.6 billion last year? And just how far into the red are stalwarts like Goodyear and Tyson Foods? (more) |
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