GE Aerospace Possesses an Enviable Moat and Faces Decades of Robust Demand for Jet Engines
GE Aerospace has emerged as a formidable and focused turbine engine producer, powering about three of every four commercial airline flights.
GE Aerospace has emerged as a formidable and focused turbine engine producer, powering about three of every four commercial airline flights.
Bears vastly underestimate the incremental profits GE will make from operating leverage as commercial aerospace fully recovers and its Leap engine aftermarket program enters its profitable phase.
Burgeoning demand for its engines could place GE Aerospace’s manufacturing and supply chain under disruptive strain, not just frustrating customers but hampering efficiency.
Metric
|
GE
|
RTX
|
MTX
|
---|---|---|---|
Price/Earnings (Normalized) | 48.66 | 19.48 | 23.72 |
Price/Book Value | 5.98 | 2.21 | 4.72 |
Price/Sales | 2.58 | 1.99 | 2.60 |
Price/Cash Flow | 42.64 | 21.48 | 15.40 |
Metric
|
GE
|
RTX
|
MTX
|
---|---|---|---|
Quick Ratio | 0.76 | 0.64 | 0.77 |
Current Ratio | 1.17 | 1.07 | 1.12 |
Interest Coverage | 5.22 | 3.15 | −2.42 |
Metric
|
GE
|
RTX
|
MTX
|
---|---|---|---|
Return on Assets (Normalized) | 2.83% | 2.51% | 6.21% |
Return on Equity (Normalized) | 15.41% | 6.05% | 19.59% |
Return on Invested Capital (Normalized) | 9.19% | 5.17% | 15.68% |
1-Day Chart
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Name
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Price
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Morningstar Rating for Stocks
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Capital Allocation
|
Economic Moat
|
Market Cap
|
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RTX
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