AI English summary of an SEC filing — figures as filed
GE said total revenues (GAAP) were $19.4B (+15%) in Q4 2023 and $68.0B (+17%) for the full year. Adjusted revenues were $18.5B in Q4 and $64.6B for the year.
Key points
AI summaryGE said total revenues (GAAP) were $19.4B (+15%) in Q4 2023 and $68.0B (+17%) for the full year. Adjusted revenues were $18.5B in Q4 and $64.6B for the year.
The company said operating cash flow (GAAP) for the full year 2023 was $5,570 million, and free cash flow was $5,150 million. In Q4, operating cash flow was $3,216 million and free cash flow was $2,961 million.
GE said GE Aerospace segment orders for the full year 2023 were $38,077 million, revenues were $31,770 million, and segment profit was $6,115 million. The segment profit margin was 19.2%.
GE said GE Aerospace expects adjusted revenue to grow low double digits or more in 2024, operating profit of $6.0 billion to $6.5 billion, and free cash flow of greater than $5 billion.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.
Q4 2023 and Full-Year Total Revenue and Adjusted Revenue
GE said total revenues (GAAP) were $19.4B (+15%) in Q4 2023 and $68.0B (+17%) for the full year. Adjusted revenues were $18.5B in Q4 and $64.6B for the year.
Source · Based on the filing body and exhibits
Full-year free cash flow and operating cash flow
The company said operating cash flow (GAAP) for the full year 2023 was $5,570 million, and free cash flow was $5,150 million. In Q4, operating cash flow was $3,216 million and free cash flow was $2,961 million.
Source · Based on the filing body and exhibits
GE Aerospace full-year segment results
GE said GE Aerospace segment orders for the full year 2023 were $38,077 million, revenues were $31,770 million, and segment profit was $6,115 million. The segment profit margin was 19.2%.
Source · Based on the filing body and exhibits
GE Aerospace full-year 2024 outlook
GE said GE Aerospace expects adjusted revenue to grow low double digits or more in 2024, operating profit of $6.0 billion to $6.5 billion, and free cash flow of greater than $5 billion.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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