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22. General Electric
General Electric
Financials: Latest Results
Rank: 22 (Previous rank: 16)
CEO: Jeffrey R. Immelt
Employees: 301,000
Address: 3135 Easton Turnpike
Fairfield, Connecticut 6828
Country: U.S.
Website: www.ge.com

During Jeff Immelts 10th year as CEO, General Electric saw its net income climb 22% to $14 billion despite a slight dip in revenue. The company invested $1 billion in the appliance business with new products expected to roll out over the next two years and plans to move most of the appliance product manufacturing back to the U.S. from China and Mexico. The company also reported a record backlog of orders -- $200 billion -- which Immelt said will help GE eventually reach its goal of growing industrial earnings by 10%. -- J.P.M.


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  $ 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 --
Profits as % of  
Revenues 9.6
Assets 1.973
From the July 23, 2012 issue
Includes revenues from discontinued operations.
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Rank # of Global 500 Companies
U.S. 132
China 73
Japan 68
Company 2011 Number of Employees
Wal-Mart Stores 2,200,000
China National Petroleum 1,668,072
State Grid 1,583,000
Company 2011 Profits
($ millions)
Gazprom $44,459.6
Exxon Mobil $41,060
Industrial & Commercial Bank of China $32,214.1
FAQ and methodology
All companies on the list must publish financial data and report part or all of their figures to a government agency. In the U.S., private companies and cooperatives... More
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