GE Aerospace : 1Q 2025 Earnings Presentation
GE
GE Aerospace first quarter 2025 performance
Financial Results & Company Highlights
April 22, 2025
OUR PURPOSE
We invent the future of flight, lift people up and bring them home safely
Figures include equipment made by GE Aerospace and JVs.
~3.4B
Passengers flew with GE Aerospace technology under wing in 2024
~950K
People flying at any given time
on GE Aerospace-powered aircraft
3 out of 4
Commercial flights powered by our engines
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1Q'25: strong start to the year
GE Aerospace
1Q orders and adjusted revenue* up double-digits and adjusted EPS* +60%
… strong start, robust backlog and actions underway support '25 guide
Commercial Engines & Services (CES)
Services orders +31% and revenue +17% driving total operating profit +35%
… on track for significant growth in '25
Defense & Propulsion Technologies (DPT)
Defense output continues to improve, total operating profit +16%
+12%
Orders growth
+11%
Adjusted revenue growth*
$2.1B…+38% y/y
Operating profit*
$1.49…+60% y/y
Adjusted EPS*
$1.4B…(14)% y/y
Free cash flow*
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Taking action to manage dynamic environment
Actions underway ...
....
… services backlog remains robust
Partially reducing tariff impact by ...
… offsetting remaining ~$(0.5)B cost through:
Commercial services orders
($ billions, y/y)
+36%+24%
+18%
+40%+31%
▪ Cost controls focused on SG&A, maintaining investments
▪ 1Q departures-a) +4%, as planned
(a - GE Aerospace / CFM departures
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poised to accelerate aftermarket and OE output
Priority suppliers material input
+8% q/q
....
Actions to drive further improvement
Chart is not to scale
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Industry leading commercial and defense platforms
Secured engine commitments with ANA for LEAP and GEnx engines to power
Completed the Detailed Design Review of XA102 adaptive cycle engine,
13 A321neo, up to 22 737MAX, and 18 787-9 as part of its fleet upgrade.
a key milestone in the U.S. Air Force's next-gen propulsion program.
Growing >$170 billion backlog, strengthening leadership position with continued investments
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Significant 1Q'25 top-line and adjusted EPS* growth
Adjusted
Operating
Adjusted
Free cash
Orders
revenue*
profit*
EPS*
flow*
$12.3B
$9.0B
$2.1B
$1.49
$1.4B
+12% y/y
+11% y/y
+38% y/y
+60% y/y
(14)% y/y
Op profit margin* 23.8%
Operating profit* +$0.6B y/y and adjusted EPS* +$0.55 y/y
* Non-GAAP Financial Measure
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Commercial Engines & Services (CES): 1Q'25 performance
Revenue
Operating Profit
+14% y/y
+35% y/y
Op profit
23.3%
28.2%
27.5% +420bps y/y
margin
(a - Contract margin review
99
Defense & Propulsion Technologies (DPT): 1Q'25 performance
Revenue
Operating Profit
+1% y/y
+16% y/y
Op profit
11.1%
9.6%
12.7% +160bps y/y
margin
1010
Disclaimer
GE Aerospace - General Electric Company published this content on April 22, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 22, 2025 at 10:47 UTC.