24 of 500
General Electric
General Electric
24
Financials: Latest Results
Rank: 24
Previous rank: 22
CEO: Jeffrey R. Immelt
Employees: 305,000

America's biggest industrial company is feeling the pain from the slowdown in U.S. and European manufacturing. Early this year, that sluggish growth hurt the company's power and water unit, as struggling U.S. and European manufacturers purchased fewer General Electric generators. Given that trend, GE must figure out how to squeeze more profits out of other sections of its business such as aviation and its financing arm GE Capital. It is also increasing investments in manufacturing tied to the oil and gas industry. This year, it paid almost $3 billion for oilfield pump maker Lufkin Industries.

Headquarters:
3135 Easton Turnpike
Fairfield, Connecticut. 6828
U.S.
203-373-2211
Website: www.ge.com
Key financials
$ millions
% change from 2011
Revenues
146,874
-0.5
Profits
13,641
-3.6
Assets
685,328
Stockholder's equity
123,026
Profits as % of
Revenues
9.3
Assets
2
From the July 22, 2013 issue

Notes:

Includes revenues from discontinued operations.
What do you think of General Electric?
10 Non-native CEOs

Meet these non-native Global 500 chief execs who have beaten the odds and climbed to the top of their org charts.

Companies are ranked by total revenues for their respective fiscal years ended on or before March 31, 2013. All companies on the list must publish financial data and report part or all of their figures to a government agency. Figures are as reported, and comparisons are with the prior year’s figures as originally reported for that year. Fortune does not restate the prior year’s figures for changes in accounting. More
Current Issue
  • Give the gift of Fortune
  • Get the Fortune app
  • Subscribe
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.