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GE's Competitors, Revenue, Number of Employees, Funding and Acquisitions

GE is an industrial conglomerate that operates in aviation, power generation, healthcare, renewable energy, transportati... Read more

Based on data from GE's latest SEC filings

Annual Revenue

Based on data from GE's latest SEC filings

Employees

H. Lawrence Culp's photo - Chairman & CEO of GE

Chairman & CEO

H. Lawrence Culp

CEO Approval Rating

68/100

OVERVIEW

Founded:

1892

Headquarters:

BostonMassachusetts

Status:

PublicIndependent Company of NYSEGE

Industry Sector:

Electrical & Electronics goods

SIC Code:

3600NAICS listing »

Top Competitors or Alternatives

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Trending News for GE and GE's Competitors

January 16, 2020

North American Windpower

GE Delivers Wind Energy to Scotland

GE Renewable Energy's Grid Solutions business unit has been awarded a project for the design, supply,... See more »

January 17, 2020

The Seattle Times - Business & Tech

Boeing is working on a new software issue on the 737 Max

Boeing is working to fix a newly discovered problem with software powering up on the 737 Max, adding ... See more »

January 17, 2020

MarketScreener

3M : Shares NICE Medtech Innovation Briefing Suggesting V.A.C. VERAFLO Therapy Helps Improve Patient Outcomes

(marketscreener.com) Clinical studies in NICE's evidence review demonstrated that V.A.C. VERAFLO Ther... See more »

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

Siemens has been one of GE's top competitors. Siemens was founded in 1847, and is headquartered in Munich, Bavaria. Siemens competes in the Electrical Components & Equipment industry. Siemens generates $24.9B less revenue vs. GE.

3M is a top competitor of GE. 3M is a Public company that was founded in Saint Paul, Minnesota in 1902. 3M competes in the Industrial Suppliers field. 3M has 189,484 fewer employees vs. GE.

Hitachi is perceived as one of GE's biggest rivals. Hitachi was founded in 1910, and its headquarters is in Chiyoda-ku, Tōkyō Prefecture. Like GE, Hitachi also competes in the Electrical & Electronics goods field. Hitachi has 12,941 more employees than GE.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

H. Lawrence Culp

Chairman & CEO

- -
283,000
$2M
$120.6B
1

Joe Kaeser

President & CEO

84/100
385,000
$8.9M
$95.7B
2

Michael F. Roman

CEO

68/100
93,516
- -
$32B
3

Toshiaki Higashihara

President & CEO

71/100
295,941
- -
$78.6B
4

Gregory J. Hayes

Chairman & CEO

83/100
240,000
$71.5B
$75.5B
5

Darius Adamczyk

Chairman & CEO

70/100
114,000
- -
$36.9B
6

Jean-Pascal Tricoire

Chairman & CEO

72/100
12,837
- -
$29.5B
7

Frans van Houten

Chairman & CEO

68/100
77,400
- -
$21B
8

Phebe N. Novakovic

Chairman & CEO

73/100
105,600
- -
$39B
9

Dave Calhoun

President & CEO

69/100
153,027
$100K
$87B
10

David N. Farr

Chairman & CEO

68/100
87,500
- -
$18.4B
The top 10 competitors in GE's competitive set are Siemens, 3M, Hitachi, United Technologies, Honeywell, Schneider Electric, Philips, General Dynamics, Boeing and Emerson Electric. Together they have raised over 71.6B between their estimated 1.7M employees. GE has 283,000 employees and is ranked 3rd among it's top 10 competitors. The top 10 competitors average 167,983.

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$120.6B

GE's revenue is the ranked 1st among it's top 10 competitors. The top 10 competitors average 57.6B. Over the last three quarters, GE's revenue has grown by 157.8%. Specifically, in Q3 2019's revenue was $70.3B; in Q2 2019, it was $28.8B; in Q1 2019, it was $27.3B.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
GeonX

Nov 2017

Source »
undisclosed
GeonX develops a simulation software to visualize welding, machining, heat treatment and damage resistance in aeronautics, automotive and marine sectors.
Baker Hughes Co

Jul 2017

Source »
undisclosed
BHGE is a supplier of equipment and services that helps for drilling, evaluation, production and intervention in oil and gas sector.
Nurego Inc.

Feb 2017

Source »
undisclosed
Nurego develops and provides a monetization platform to accelerate industrial Internet of Things business models.
iders Incorporated

Dec 2016

Source »
undisclosed
iders is an electronic product design and manufacturing company that specializes in designing electronic systems for the rail industry.
ServiceMax, Inc.

Nov 2016

Source »
$915M
ServiceMax is an AI-based platform that offers field service management, workforce scheduling, crowd dispatching and reporting solutions.

These are all the companies that GE has acquired. GE has acquired 24 companies and its latest acquisition was GeonX in Nov 2017. GeonX develops a simulation software to visualize welding, machining, heat treatment and damage resistance in aeronautics, automotive and marine sectors.

GE Funding History

Since GE was founded in 1892, it has participated in 1 round of funding. In total GE has raised $2.0M. GE's funding round was on Nov 2009 for a total of $2.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Nov 2009
$2M

U.S. Department of Energy

Total Funding: $2M

Since GE was founded in 1892, it has participated in 1 round of funding. In total GE has raised $2.0M. GE's funding round was on Nov 2009 for a total of $2.0M

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Genome Medical develops a cloud-based genomic care delivery platform that connects hospitals and health systems with genetically affected patients.
$23M
Jun 10, 2019
Series B
-
Xometry provides on-demand manufacturing services such as CNC machining, stereolithography, fused deposition modeling and injection molding.
$50M
May 12, 2019
Series D
-
ThetaRay is a provider of anti-money laundering, fraud detection, predictive analytics and cybersecurity solutions.
$30M
Jul 02, 2018
Equity
-
Morphisec is a provider of cybersecurity prevention and detection tools for enterprises.
$12M
Feb 18, 2018
Series B
-
FogHorn develops a platform to optimize automation, operational intelligence and predictive maintenance for industrial and commercial IoT applications.
$30M
Oct 04, 2017
Series B
-

These are all the companies that GE has invested in. GE has invested 24 companies and its latest investment was GeonX in Nov 2017. GeonX develops a simulation software to visualize welding, machining, heat treatment and damage resistance in aeronautics, automotive and marine sectors.

GE News

January 16, 2020North American Windpower

GE Delivers Wind Energy to Scotland

GE Renewable Energy's Grid Solutions business unit has been awarded a project for the design, supply,... See more »
January 16, 2020Power Technology

GE secures new contract for Israel's Alon Tavor power plant

General Electric (GE) has secured a 15-year service contract from Israel's MRC Group for its 375MW Al... See more »
January 16, 2020Engineering News Record

Engineer CEO Led GE Team Launch of 'Gamechanging' Offshore Wind Turbine

Under veteran executive, 600-person team pushed effort to ready giant Haliade-X to propel clean energ... See more »
January 15, 2020Law 360

GE Deal With Owners Of Shatter-Prone Microwaves Gets OK

A Connecticut federal judge on Wednesday signed off on General Electric Co.'s agreement to pay microw... See more »
January 15, 2020The Economic Times

GE T&D India appoints Pitamber Shivnani as CEO & President

As part of this role he will be responsible for managing GE's Grid Solutions markets for India and Ba... See more »
January 14, 2020MarketScreener

Israel Electric Corporation Awards Second Contract to GE for HA Gas Turbine Technology

(marketscreener.com) Israel Electric Corporation Awards Second Contract to GE for HA Gas Turbine Tech... See more »
January 13, 2020Seeking Alpha

GE tagged short-term Buy at Deutsche Bank

See more »

GE Blogs

June 14, 2016GE Blog

Disruptive Innovation in Healthcare through External Connections

I would like to talk a bit more about how we connect here at our GRC-Europe center in Munich. At the ... See more »
April 4, 2016GE Blog

We One-Upped Ben Franklin, Catching Lightning in a Bottle and Using it to Start a Car

"Do you think you could catch lightning in a bottle?" That was how the meeting began. What does it ev... See more »
April 4, 2016GE Blog

Supporting Women in Engineering From School to Career

"Surround yourself with the dreamers and the doers, the believers and thinkers, but most of all, surr... See more »
April 4, 2016GE Blog

Seeing A Factory As Never Before With 3D Laser Scanning

In January 2015, I was asked if I would be interested in taking charge of the new Faro Focus3D X scan... See more »
April 4, 2016GE Blog

Thomas Edison's Legacy: In the Eyes of an Edison Engineer

Yesterday would have been Thomas Edison's 169th Birthday. In honor of his birthday, February 11 is al... See more »
April 4, 2016GE Blog

Miming living organisms processes for biorefineries

Membranes play a key role in the human body, filtering out bacteria and viruses and also ensuring cel... See more »
April 4, 2016GE Blog

Scanxiety - waiting anxiously for the results that could change your life

September is Childhood Cancer Awareness Month and we are publishing a series of blog posts to share s... See more »

GE Press Releases

November 4, 2019Business Wire

GE Healthcare Announces U.S. FDA Approval of Macrocyclic MRI Contrast Agent Clariscan (gadoterate meglumine) Injection for Intravenous Use

CHALFONT ST GILES, England--(BUSINESS WIRE)--The U.S. Food and Drug Administration (FDA) has approved... See more »
October 30, 2019Travel PR News

Qatar Airways is the first in the industry licensed to use the state-of-the-art 'GE360 Foam Wash' technology

The award-winning airline is the first in the industry licensed to use the state-of-the-art 'GE360 Fo... See more »
October 24, 2019PR Newswire

GE Sealants & Adhesives To Include New Siliconized Acrylic Latex Product Line

HUNTERSVILLE, N.C., Oct. 24, 2019 /PRNewswire/ -- Momentive Performance Materials Inc. ("Momentive"),... See more »
October 18, 2019WebWire

GE's Cross-Fleet Solutions to Help Global Paper Provider Reduce Its Energy Costs

GE (NYSE: GE) announced an order for a multiyear services agreement with Sappi (Sappi Austria Produkt... See more »
October 10, 2019Business Wire

CORRECTING and REPLACING The Branford Group, Under the Management of GE Power and Chain Asset Management Solutions, Announces the Private Treaty Sale of GE Power's Inland Empire Energy Center in Riverside County, CA

MENIFEE, Calif.--(BUSINESS WIRE)--Please replace the eighth paragraph of the release dated October 9,... See more »
October 9, 2019Market Press Release

G.E to halt pensions, Bulls have the lead on SmileDirectClub, PCG Deadline approaching

Walter International has been at the service of investors since its inception in 2009. We offer our c... See more »
September 11, 2019GlobalNewswire

In Hard-Fought, Decade-Long Battle, RV Sales of Broward Wins Breach of Settlement Case Against Corporate Giant General Electric

Gigi Stetler and her company RV Sales of Broward have won an incredible "David vs. Goliath" victory a... See more »

GE Videos

July 1, 2019GE Power Youtube Channel

"Uniper and GE - A partnership defined by collaboration | GT26 HE | GE Power" on YOUTUBE

See more »
June 27, 2019GE Power Youtube Channel

"Brazil's Sergipe Power Plant prepares for First Fire | GE Power" on YOUTUBE

See more »
June 18, 2019GE Power Youtube Channel

"Digital Energy Americas Conference 2019 | GE Power" on YOUTUBE

See more »
June 13, 2019GE Power Youtube Channel

"GE Launches New Grid Analytics" on YOUTUBE

See more »
June 7, 2019GE Power Youtube Channel

"Improving Plant Performance with GE's PressureWave Plus | GE Power | GE Power Services" on YOUTUBE

See more »
May 28, 2019GE Power Youtube Channel

"Can gas turbines run on hydrogen fuel? | GE Power | GE Power Highlights" on YOUTUBE

See more »
May 24, 2019GE Power Youtube Channel

"GE Steam Power | Steam Power Generation" on YOUTUBE

See more »

Social Statistics

Headquarters

5 Necco Street

Boston, Massachusetts02210

1-617-443-3000

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

General Electric (NYSE: GE) is a multinational conglomerate headquartered in Boston, Massachusetts. GE was founded in 1892 by Thomas Edison and was one of the original 12 companies listed in the Dow Jones Industrial Average when it was first formed, u...

CEO

GE's Chairman & CEO, H. Lawrence Culp, currently has an approval rating of 68%. GE's primary competitors are Siemens, 3M & Hitachi.

Website

ge.com

Frequently Asked Questions about GE

  1. When was GE founded?

    GE was founded in 1892

  2. Who is GE's CEO?

    GE's CEO is H. Lawrence Culp

  3. How much revenue does GE generate?

    GE generates $120.6B in revenue

  4. How much funding does GE have?

    GE has historically raised $2M in funding

  5. Where is GE's headquarters?

    GE's headquarters is in Boston Massachusetts, USA

  1. How many employees does GE have?

    GE has 283,000 employees

  2. What sector does GE operate in?

    GE is in Electrical & Electronics goods

  3. Who are GE's competitors?

    GE's top competitors are Siemens, 3M, Hitachi

  4. Who has GE invested in?

    GE's has invested in companies such as Genome Medical, Xometry, ThetaRay
Stay up-to-date with the latest news on GE