Our annual ranking of America's largest corporations

6 of 500
BACKNEXT
6. General Electric
General Electric
Financials: Latest Results
Rank: 6 (Previous rank: 6)
CEO: Jeffrey R. Immelt
Was this company a 2011 top stock?

General Electric managed to post strong earnings growth in 2011, despite a slight drop in revenues. Earnings rose 21% to $14.2 billion, while sales fell 2.6% to $147.6 billion. Despite that dip in sales, GE CEO Jeffrey Immelt said the company's performance at the end of the year bodes well for 2012, as orders picked up in businesses ranging from energy infrastructure to health care.

Analysts remain focused on GE's industrial division, which has struggled to grow since the economy fell into recession. The company reported a record backlog of orders at the end of the year -- $200 billion, up from $191 billion. Immelt says that gives GE a strong start to its goal of growing industrial earnings by 10%.

Subscribe to Fortune Magazine
Key financials $ millions % change
from 2010
Revenues 147,616.0 -2.6
Profits 14,151.0 21.5
Assets 717,242.0
Stockholders' equity 116,438.0
Market value (3/29/2012) 211,096.1
Profits as % of  
Revenues 9.6
Assets 2.0
Stockholders' equity 12.2
Earnings per share  
2011 $ 1.23
% change from 2010 16.0
2001-2011 annual growth rate % -1.1
Total return to investors %
2011 1.0
2001-2011 annual rate -4.7
Rank Company 500
rank
Revenues
($ millions)
1 General Electric 6 147,616.0
2 Fannie Mae 8 137,451.0
3 Freddie Mac 25 88,262.0
4 INTL FCStone 30 75,497.6
5 Marsh & McLennan 231 11,526.0
6 Aon 235 11,287.0
7 Ameriprise Financial 248 10,621.0
8 SLM 426 5,756.0
Issue date: May 21, 2012
Includes revenues from discontinued operations.
Galleries and more
Headquarters
MAPS
General Electric
3135 Easton Turnpike
Fairfield, CT 06828
203-373-2211
www.ge.com
What do you think about General Electric?
Video
Fortune 500+
Want more on America's top companies? Get data on the full Fortune 1,000 list here. Fortune 500+

Rank # of Fortune 500 Companies
California 53
Texas 52
New York 50
Company Rank
Google 73
NetApp 474
NuStar Energy 377
Company 2011 $ (millions)
Exxon $41,060.0
Chevron $26,895.0
Apple $25,922.0
FAQ and methodology
Included in the survey are U.S. incorporated companies filing financial statements with a government agency. This includes private companies... More
Current Issue
  • Give the gift of Fortune
  • Get the Fortune app
  • Subscribe

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.