Molly Ayala
General Electric Company (GE) is a conglomerate industry that was formed in 1892 and is headquartered in Massachusetts, United States. GE has its operations in segments like power, healthcare, aviation, digital industry, renewable energy, additive manufacturing, venture capital and finance, transportation, lightning, oil, and gas. GE's competitors include Siemens, 3M, Hitachi, Emerson, Philips, Northrop Grumman, Rockwell Automation, Rolls-Royce, and Intel Corporation.
| Characteristics | Values |
|---|---|
| Mission | Usher in the next industrial era and to build, move, power, and cure |
| Headquarters | Massachusetts, United States |
| Year formed | 1892 |
| Net income (quarter ending June 30, 2023) | $-0.023B |
| Gross profit (quarter ending June 30, 2023) | $4.337B |
| Operating income (quarter ending June 30, 2023) | $1.524B |
| Total assets (quarter ending June 30, 2023) | $163.006B |
| Competitors | Rolls-Royce, Siemens, Intel Corporation, 3M, Hitachi, Emerson, Philips, Northrop Grumman, Rockwell Automation |
| Overall Culture Score | -13 |
| Product Quality Score | 2nd |
| Employee Net Promoter Score | 4th |
| CEO | Lawrence Culp |
| CEO rank | 63 out of 100 |
| CEO of Rolls-Royce | Warren East |
| CEO of Siemens | Roland Busch |
| CEO rank of Rolls-Royce | 78 out of 100 |
| CEO rank of Siemens | 77 out of 100 |
Siemens
In terms of its financial performance, Siemens has reported strong revenue growth in recent years, with a net income of over $10 billion in the last fiscal year. The company has a well-balanced revenue stream and a strong market presence in many countries.
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3M
The company has a strong presence in the market and has a well-balanced revenue stream across its business segments. 3M's net income and gross profit are significant and have been consistently strong over the years.
In terms of company culture, 3M has a positive reputation among its employees. Employee ratings on Comparably show that 3M has a high Employee Net Promoter Score and a positive overall culture.
In comparison to GE, 3M has a strong presence in the market and has a varied range of products and services. While GE is a conglomerate with a wide range of operations, 3M is also a diversified company with a strong focus on innovation and technology.
Both companies have a significant presence in the market and have a varied range of products and services. However, 3M is often considered a top competitor to GE due to its strong presence in the market and its varied range of products and services.
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Hitachi
Similar to General Electric, Hitachi operates in multiple sectors, including energy, healthcare, transportation, and digital solutions. It has a diverse portfolio, catering to different markets worldwide, and is known for its innovation and technological advancements.
In terms of market presence, Hitachi is a significant player in the global market, with a strong international footprint. It has a large employee base and a well-established network of suppliers and partners.
Both companies have a rich history of innovation and technological leadership in their respective industries. They have contributed significantly to the development of various sectors and are known for their extensive research and development efforts.
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Emerson
The company's mission is to innovate and create solutions that improve the quality of life and protect the environment. Emerson has a strong focus on technology and innovation, with a commitment to research and development to drive growth and improve its products and services.
In terms of competition, Emerson faces several other large corporations, including Siemens, 3M, and Hitachi. However, Emerson's diverse product portfolio and global presence make it a strong competitor in the conglomerate industry.
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Philips
General Electric Company (GE) is a conglomerate industry that was formed in 1892 and is headquartered in Massachusetts, United States. GE has its operations in segments like power, healthcare, aviation, digital industry, renewable energy, additive manufacturing, venture capital and finance, transportation, lightning, oil, and gas. GE has a varied range and it serves different kinds of markets.
Siemens, 3M, Hitachi, Emerson, Philips, Northrop Grumman, Rockwell Automation and others are the top GE competitors. GE's net income for the quarter ending June 30, 2023 was $-0.023B. GE's gross profit for the quarter ending June 30, 2023 was $4.337B. GE's operating income for the quarter ending June 30, 2023 was $1.524B. GE's total assets for the quarter ending June 30, 2023 were $163.006B. Its portfolio is maintained with a well-balanced revenue stream that comes from all of its business.
Siemens, 3M, Hitachi, Emerson, Northrop Grumman, Rockwell Automation and others are the top GE competitors. GE's net income for the quarter ending June 30, 2023 was $-0.023B. GE's gross profit for the quarter ending June 30, 2023 was $4.337B. GE's operating income for the quarter ending June 30, 2023 was $1.524B. GE's total assets for the quarter ending June 30, 2023 were $163.006B. Its portfolio is maintained with a well-balanced revenue stream that comes from all of its business.
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Frequently asked questions
The top GE competitors are Siemens, 3M, Hitachi, Emerson, Philips, Northrop Grumman, Rockwell Automation and others.
GE's mission is to usher in the next industrial era and to build, move, power, and cure.
The net income of General Electric for the quarter ending June 30, 2023 was $-0.023B.
The gross profit of General Electric for the quarter ending June 30, 2023 was $4.337B.
