What is GE's intrinsic value?

TickerWorth's blended fair value for GE Aerospace (General Electric Company) (GE) is $119.09 per share, versus a market price of $313.83 (164% above fair value).

Is GE overvalued or undervalued?

On our blended fair value GE looks overvalued vs fair value at $313.83. This is an educational estimate, not advice.

What discount rate is used for GE?

A WACC of 11.6% and a terminal growth rate of 2.5%.

Is GE Aerospace (General Electric Company) stock undervalued?

TickerWorth's fair value for GE Aerospace (General Electric Company) (GE) is $119.09 against a market price of $313.83. Our read: 164% above fair value. This is a model estimate, not investment advice.

GE Aerospace (General Electric Company) (GE) DCF valuation and fair value

Our fair value for GE Aerospace (General Electric Company) (GE) is $119.09, built on a 11.6% discount rate (WACC) and 2.5% terminal growth. It blends our discounted-cash-flow model with other valuation lenses. Every assumption is listed on this page with its source.

GE Aerospace (General Electric Company) (GE) insider trading

The most recent insider filing (SEC Form 4) for GE Aerospace (General Electric Company) (GE): Giglietti Robert M., Vice President, option exercise on 2026-08-11. The latest filings are listed on this page. A disclosure, not a signal to trade.

GE · Intrinsic value

Is GE Aerospace (General Electric Company) (GE) overvalued or undervalued?

Name: GE Aerospace (General Electric Company) (GE) DCF intrinsic value
Creator: TickerWorth

GE Aerospace (General Electric Company) (GE) trades at the delayed market price of $313.83 a share. That price already implies revenue growth of more than 25%/yr. TickerWorth's fair value is $119.09 a share (164% above fair value), as of Oct 19, 2026. It is a model estimate, and every input behind it is sourced below.

Model by Miraaj Patel · generated from a hand-researched model · Updated Oct 19, 2026 · How these pages are made

Open full GE analysis

Is GE overvalued?

Fair value: $119.09
Market price: $313.83
Downside to fair value: 62.1%
Verdict: 164% above fair value

Price as of 19 Oct 2026, 13:16 UTC · Prices are delayed.

Fair value against the delayed market price: 164% above fair value.

Reverse DCF: Today's price implies revenue growth of more than 25%/yr. Above about 25% a year the reverse-DCF stops being informative. It solves for revenue growth alone — holding margins, capital intensity and the forecast horizon fixed — so a price well above our cash-flow model's value has nowhere to go but growth, and the solver returns a rate the model can't reconcile. Read it as "the price implies growth we can't justify", not as a forecast.

What is GE's TickerWorth Score?

D39/100

Priced richly vs peers — the business scores well

Compared with Industrials companies in US

Its strongest point: a profitable, high-quality business. Its weakest: looks expensive on the numbers.

Value · 18 of 100
Cheaper than 18% of Industrials companies in US
Price vs worth · 4 of 100
Quality · 74 of 100
More profitable than 74% of Industrials companies in US
Financial health · 49 of 100
Financially stronger than 49% of Industrials companies in US
Growth · 45 of 100
Growing faster than 45% of Industrials companies in US
Momentum · 50 of 100
Outperformed 50% of Industrials companies in US over the past year

Confidence: Medium confidence · Scored 19 Oct 2026, 13:14 UTC

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Where the numbers come from

Hand-researched model

What the modeller flagged

THE GAP IS LARGE AND MOSTLY ABOUT THE DISCOUNT RATE. At beta 1.35 the WACC is 11.59%. The price is consistent with a WACC of ~6.1% (beta ~0.18) holding every operating input fixed — or ~41% revenue growth a year to 2030, or 8.7% growth forever after 2030, or a flat 57% EBIT margin. No single operating lever gets close; beta 1.0 gives ~$138.
THE FIVE-YEAR HORIZON IS THE STRUCTURAL LIMIT FOR THIS BUSINESS. Engine makers sell engines at thin or negative margins and earn on 25-30 years of parts and shop visits. LEAP deliveries are still ramping (+41% in H1 2026), so the aftermarket they create mostly lands after 2030 — exactly where this model drops to 2.5% growth. Terminal value is 70% of enterprise value and the implied terminal multiple is ~8.1x EBITDA, far below where aerospace franchises trade.
dcf_fit SITS ON THE LINE. Year-1 growth is 18% (>= the 15% fast-grower threshold) and the value is 35.3% of the 2 Oct price against a 35% cut-off: if the price rises above ~$312 the site will label this DCF 'understated' (our lens not fitting a fast grower). Not tuned either way; read it as the same message as the caveat above. The cyclical/range-only flag does NOT fire — every growth year is positive and the margin rises.
NO DOWNTURN IS MODELLED. Commercial aerospace is cyclical — air traffic, airline finances, fuel, and supply chains. A 2020-style shock to departures would hit shop visits and spare parts within quarters. The forecast is a mid-cycle growth path, not a stress case.
YEAR-1 FCF IS ~13% BELOW GUIDANCE. Model ~$7.9B vs the $8.9-9.2B FY2026 FCF guide (and +3% vs FY2025's reported $7,694M). Decomposed: tax at 17% vs cash taxes near 7% of pretax (~$1.0B); interest is excluded in both directions — no interest income in EBIT, no interest paid in FCF — which nets ~+$0.3B in the model's favour; the remaining ~$0.4B is capex and working capital set above GE's recent run-rate. Deliberate, not a forecast miss.
EBIT IS ON A HOUSE BASIS ~$650M BELOW MANAGEMENT'S 'OPERATING PROFIT'. Management's metric includes interest and investment income; this model counts cash in the bridge instead, so margins quoted here run ~1.5pt below GE's own (19.9% vs 21.4% for FY2025).
MARGIN EXPANSION IS AN ASSUMPTION, NOT GUIDANCE. 2026 guidance implies a flat margin (21.3% vs 21.4% on GE's basis) and H1 margins fell 160bp YoY on install growth. The +60bp/yr path to 22.5% leans on aftermarket mix; if new-engine deliveries (and GE9X) keep diluting, the value is lower (~$12/share if Y1 holds flat).
GE9X / 777X: a mid-seal durability issue found in January 2026 led to a redesign; the CFO said on 2026-09-17 redesigned engines are shipping and the issue should not delay 777X entry into service in 2027. A delay would shift GE9X volume, not the base case.
SBC ($325M in FY2025, 0.8% of revenue) is expensed inside EBIT; the diluted share count carries dilution, and buybacks have been shrinking it.

GE DCF valuation: what the price assumes

At a recent price of $313.83, GE Aerospace (General Electric Company) (GE) trades 164% above TickerWorth's blended fair value of $119.09 per share — a discounted-cash-flow model cross-checked against peer multiples and asset value — meaning the market currently prices GE overvalued vs our estimate of what the business is intrinsically worth. Our fair value sits below the market, an implied -62.1% move to close the gap if the business performs in line with our assumptions. This is an educational model, not a price target or a recommendation — the value moves with the inputs, which you can test yourself using the WACC slider below.

Read the full reasoning

One of the lenses behind that blended figure is a discounted-cash-flow model, which on its own values GE at about $109.17 per share. The rest of this page walks through that DCF — its assumptions, reverse-DCF and discount-rate sensitivity — because it is the auditable anchor of the blend.

The valuation discounts GE Aerospace (General Electric Company)'s projected free cash flows at a weighted-average cost of capital (WACC) of 11.6%, with a long-run terminal growth rate of 2.5%. About 70% of the enterprise value comes from the terminal value — the portion beyond the explicit forecast window — which is typical for a stable, cash-generative business and a reminder that small changes in the discount rate or terminal growth assumption swing the intrinsic value meaningfully.

Running the DCF in reverse — solving for the growth the current price already assumes — GE would need sustained revenue growth of more than 25%/yr to justify today's price, against about 12.3% a year compounded in our base case. We don't quote a precise figure here, because past about 25% a year the reverse-DCF stops being informative: it solves for revenue growth alone, holding margins, capital intensity and the forecast horizon fixed, so a price well above our fair value has nowhere to go but growth. The honest reading is that the price implies growth this model can't reconcile — not that we forecast it.

Sensitivity matters more than any single number. Across a reasonable band of discount-rate assumptions, GE's modeled DCF value ranges from about $84.38 to $152.54 per share. If that range still sits below today's price, the market is optimistic relative to the model across the whole band; if it brackets the price, the stock is roughly fairly valued on our assumptions. Use the interactive slider to see exactly where your own cost-of-capital view lands.

How to read this page: the DCF fair value is what GE Aerospace (General Electric Company) would be worth if its cash flows grow as modeled and are discounted at the stated WACC. The assumptions table shows every input and its source; the reverse-DCF shows what the market believes; the sensitivity band shows how fragile the answer is. None of this is investment advice — it is a transparent, auditable framework for forming your own view of GE's intrinsic value. Figures update as new filings and prices come in.

Every input behind GE's DCF

Input	Value	Source
Base-year revenueGE Aerospace 4Q 2025 earnings release, 8-K Ex-99 filed 2026-01-22 (accession 0000040545-26-000005) + GE Aerospace FY2025 10-K (accession 0000040545-26-000008, filed 2026-01-29): ADJUSTED revenue = total GAAP revenue $45,855M less run-off insurance revenue $3,533M (Sales of equipment $12,159M + Sales of services $30,163M, 10-K Statement of Operations). +21% on FY2024's $35,121M. POST-BREAKUP BY CONSTRUCTION: GE HealthCare was spun in January 2023 and GE Vernova on 2024-04-02; both sit in discontinued operations (10-K Note 2), so FY2025 continuing revenue contains neither. The only discontinued items left are Bank BPH (Poland) and trailing liabilities, handled in the bridge. Insurance is stripped because the run-off is treated as a separate, zero-valued block (special_cases) — its revenue must not be grown at an aerospace rate. Mix (company's 2026 segment recast, 4Q25 release): CES $31.9B of which SERVICES $24.2B (~76% of CES), equipment $7.7B; DPT $12.2B. CROSS-CHECK: H1 2026 adjusted revenue $24,248M, +27% YoY (10-Q / 2Q release); the base is unchanged and the quarter goes into Year 1.	$42,322,000,000	GE Aerospace 4Q 2025 earnings release, 8-K Ex-99 filed 2026-01-22 (accession 0000040545-26-000005) + GE Aerospace FY2025 10-K (accession 0000040545-26-000008, filed 2026-01-29): ADJUSTED revenue = total GAAP revenue $45,855M less run-off insurance revenue $3,533M (Sales of equipment $12,159M + Sales of services $30,163M, 10-K Statement of Operations). +21% on FY2024's $35,121M. POST-BREAKUP BY CONSTRUCTION: GE HealthCare was spun in January 2023 and GE Vernova on 2024-04-02; both sit in discontinued operations (10-K Note 2), so FY2025 continuing revenue contains neither. The only discontinued items left are Bank BPH (Poland) and trailing liabilities, handled in the bridge. Insurance is stripped because the run-off is treated as a separate, zero-valued block (special_cases) — its revenue must not be grown at an aerospace rate. Mix (company's 2026 segment recast, 4Q25 release): CES $31.9B of which SERVICES $24.2B (~76% of CES), equipment $7.7B; DPT $12.2B. CROSS-CHECK: H1 2026 adjusted revenue $24,248M, +27% YoY (10-Q / 2Q release); the base is unchanged and the quarter goes into Year 1.
Base EBIT marginGE Aerospace FY2025 10-K (accession 0000040545-26-000008, filed 2026-01-29) + GE Aerospace 4Q 2025 earnings release, 8-K Ex-99 filed 2026-01-22 (accession 0000040545-26-000005): DERIVED, and deliberately BELOW management's figure. Management's non-GAAP operating profit was $9,055M (21.4%), which already excludes insurance, interest expense, the non-cash pension credit ($788M non-operating benefit income), separation costs, restructuring and equity-security marks. But it INCLUDES 'adjusted other income' of $1,339M, and that contains net interest and investment income. 10-K Note 19: other net interest and investment income $946M, of which $295M was the BETA Technologies investment gain that management already strips out via its $312M 'gains on retained/sold ownership interests and equity securities' line — leaving ~$651M of interest/investment income inside operating profit. Interest on GE's cash belongs in the net-debt bridge, not in EBIT (counting it twice would overstate value), so: $9,055M - $651M = $8,404M / $42,322M = 19.86%. Licensing ($175M) and equity-method income ($216M, mainly engine JVs 'closely aligned with our operations') STAY in EBIT. SBC ($325M) is expensed inside it. CROSS-CHECK, H1 2026 on the same basis: operating profit $5,274M less net interest & investment income of $290M ($28M reported + $262M BETA mark-down added back, 10-Q Note 18) = $4,984M / $24,248M = 20.55%. Management's own margin fell 160bp YoY in H1 (23.4% -> 21.8%) on LEAP/GE9X install growth, investments and inflation — services carry the margin; new engines dilute it.	19.9%	GE Aerospace FY2025 10-K (accession 0000040545-26-000008, filed 2026-01-29) + GE Aerospace 4Q 2025 earnings release, 8-K Ex-99 filed 2026-01-22 (accession 0000040545-26-000005): DERIVED, and deliberately BELOW management's figure. Management's non-GAAP operating profit was $9,055M (21.4%), which already excludes insurance, interest expense, the non-cash pension credit ($788M non-operating benefit income), separation costs, restructuring and equity-security marks. But it INCLUDES 'adjusted other income' of $1,339M, and that contains net interest and investment income. 10-K Note 19: other net interest and investment income $946M, of which $295M was the BETA Technologies investment gain that management already strips out via its $312M 'gains on retained/sold ownership interests and equity securities' line — leaving ~$651M of interest/investment income inside operating profit. Interest on GE's cash belongs in the net-debt bridge, not in EBIT (counting it twice would overstate value), so: $9,055M - $651M = $8,404M / $42,322M = 19.86%. Licensing ($175M) and equity-method income ($216M, mainly engine JVs 'closely aligned with our operations') STAY in EBIT. SBC ($325M) is expensed inside it. CROSS-CHECK, H1 2026 on the same basis: operating profit $5,274M less net interest & investment income of $290M ($28M reported + $262M BETA mark-down added back, 10-Q Note 18) = $4,984M / $24,248M = 20.55%. Management's own margin fell 160bp YoY in H1 (23.4% -> 21.8%) on LEAP/GE9X install growth, investments and inflation — services carry the margin; new engines dilute it.
Forecast revenue growthESTIMATEAssumption — TickerWorth's 5-year explicit forecast	18% → 14% → 12% → 10% → 8%	ESTIMATEAssumption — TickerWorth's 5-year explicit forecast
Risk-free rateUS 10Y Treasury constant maturity (FRED DGS10): 5.24% on 2026-10-01, the latest published observation; shared by every model in this tracker.	5.2%	US 10Y Treasury constant maturity (FRED DGS10): 5.24% on 2026-10-01, the latest published observation; shared by every model in this tracker.
Betayfinance 'beta' (Yahoo 5Y monthly), cross-checked by own regression: Published 1.35, USED AS IS — and the biggest single lever in this model. Checked because GE's return series is broken by two spin-offs (GE HealthCare Jan 2023, GE Vernova Apr 2024) and the old conglomerate sits in the 5-year window: my own regression on total-return prices vs SPY gives 1.43 (5Y monthly), 1.36 (weekly since the 2024-04-02 Vernova spin, 130 obs) and 1.19 (monthly since the spin, only 30 obs). The post-spin weekly figure confirms the published one, so the high beta is the aerospace pure-play's, not a spin artefact. Peers measured the same way since April 2024: Howmet 1.26 weekly, Safran ADR 0.92, RTX 0.63. No normalization. If you think GE's real risk is closer to Safran's, beta 1.0 gives ~$138/share — still far below the price.	1.35	yfinance 'beta' (Yahoo 5Y monthly), cross-checked by own regression: Published 1.35, USED AS IS — and the biggest single lever in this model. Checked because GE's return series is broken by two spin-offs (GE HealthCare Jan 2023, GE Vernova Apr 2024) and the old conglomerate sits in the 5-year window: my own regression on total-return prices vs SPY gives 1.43 (5Y monthly), 1.36 (weekly since the 2024-04-02 Vernova spin, 130 obs) and 1.19 (monthly since the spin, only 30 obs). The post-spin weekly figure confirms the published one, so the high beta is the aerospace pure-play's, not a spin artefact. Peers measured the same way since April 2024: Howmet 1.26 weekly, Safran ADR 0.92, RTX 0.63. No normalization. If you think GE's real risk is closer to Safran's, beta 1.0 gives ~$138/share — still far below the price.
Terminal growthESTIMATEAssumption — house default: House default 2.5% (roughly long-run nominal GDP), kept for comparability. FLAG — this is the input that most disadvantages GE specifically: a jet engine earns aftermarket revenue for 25-30 years after delivery, and LEAP's fleet is still young, so a business still compounding at 8% in 2030 is cut to 2.5% in 2031. The reverse read: the price needs ~8.7% growth FOREVER after 2030, so even a much longer runway does not on its own close the gap. Must stay < WACC 11.59%.	2.5%	ESTIMATEAssumption — house default: House default 2.5% (roughly long-run nominal GDP), kept for comparability. FLAG — this is the input that most disadvantages GE specifically: a jet engine earns aftermarket revenue for 25-30 years after delivery, and LEAP's fleet is still young, so a business still compounding at 8% in 2030 is cut to 2.5% in 2031. The reverse read: the price needs ~8.7% growth FOREVER after 2030, so even a much longer runway does not on its own close the gap. Must stay < WACC 11.59%.
Diluted sharesGE Aerospace Q2 2026 10-Q (accession 0000040545-26-000049, filed 2026-07-16) Note 17: Q2 2026 weighted-average diluted shares 1,047M (XBRL WeightedAverageNumberOfDilutedSharesOutstanding, 2026-04-01 to 06-30); H1 2026 1,050M; FY2025 1,068M. 1,037.6M were outstanding at 2026-06-30. The count is FALLING: GE repurchased 14.1M shares for $4,223M in H1 2026 under a $20B authorization. The diluted count is used to carry SBC dilution. Q3 buybacks (not yet reported) will lower it further and raise net debt by roughly the same value — not rolled forward.	1,047M	GE Aerospace Q2 2026 10-Q (accession 0000040545-26-000049, filed 2026-07-16) Note 17: Q2 2026 weighted-average diluted shares 1,047M (XBRL WeightedAverageNumberOfDilutedSharesOutstanding, 2026-04-01 to 06-30); H1 2026 1,050M; FY2025 1,068M. 1,037.6M were outstanding at 2026-06-30. The count is FALLING: GE repurchased 14.1M shares for $4,223M in H1 2026 under a $20B authorization. The diluted count is used to carry SBC dilution. Q3 buybacks (not yet reported) will lower it further and raise net debt by roughly the same value — not rolled forward.
Market priceDelayed quote · as of 2026-10-19 13:16 UTC	$313.83	Delayed quote · as of 2026-10-19 13:16 UTC

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What does GE Aerospace (General Electric Company) do?

What does it do?

General Electric Company, doing business as GE Aerospace, designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and aircraft systems. The company operates through two segments, Commercial Engines & Services, and Defense & Propulsion Technologies. It operates in the Aerospace & Defense industry (Industrials sector), headquartered in United States. The company employs roughly 57,000 people.

How does it make money?

The business turns $50.6B in annual revenue into profit. Out of every $100 of sales, about $21 is left as operating profit (operating margin of 20.6%), after a 31% gross margin on the products/services it sells. After all costs, taxes and interest, 17.7% of revenue becomes bottom-line net profit.

Is it financially healthy?

Financially it looks stretched: carries moderate debt (1.1× equity), may struggle to cover its short-term bills (1.0× current ratio), and is currently profitable.

Who at GE filed insider trades?

Recent insider filings for GE Aerospace (General Electric Company)
Date	Insider	Relationship	What happened	Value	Filing
11 Aug 2026	Giglietti Robert M.	Vice President	Option exercise	$375,369.30	Form 4 for Giglietti Robert M. (opens sec.gov in a new tab)
11 Aug 2026	Giglietti Robert M.	Vice President	Open-market sale	$1,976,638.72	Form 4 for Giglietti Robert M. (opens sec.gov in a new tab)
11 Aug 2026	Giglietti Robert M.	Vice President	Open-market sale	$1,812,113.06	Form 4 for Giglietti Robert M. (opens sec.gov in a new tab)
24 Jul 2026	Ali Mohamed	Senior Vice President	Option exercise	$273,180.35	Form 4 for Ali Mohamed (opens sec.gov in a new tab)
24 Jul 2026	Ali Mohamed	Senior Vice President	Open-market sale	$625,783.75	Form 4 for Ali Mohamed (opens sec.gov in a new tab)
24 Jul 2026	Ali Mohamed	Senior Vice President	Open-market sale	$447,834.84	Form 4 for Ali Mohamed (opens sec.gov in a new tab)

A disclosure, not a signal to trade. Source: SEC EDGAR (Form 4). Older filings and the 90-day buying-and-selling read are part of Pro. See plans

Common questions

What is GE's intrinsic value?
TickerWorth's blended fair value for GE Aerospace (General Electric Company) (GE) is $119.09 per share, versus a market price of $313.83 (164% above fair value).
Is GE overvalued or undervalued?
On our blended fair value GE looks overvalued vs fair value at $313.83. This is an educational estimate, not advice.
What discount rate is used for GE?
A WACC of 11.6% and a terminal growth rate of 2.5%.
Is GE Aerospace (General Electric Company) stock undervalued?
TickerWorth's fair value for GE Aerospace (General Electric Company) (GE) is $119.09 against a market price of $313.83. Our read: 164% above fair value. This is a model estimate, not investment advice.
GE Aerospace (General Electric Company) (GE) DCF valuation and fair value
Our fair value for GE Aerospace (General Electric Company) (GE) is $119.09, built on a 11.6% discount rate (WACC) and 2.5% terminal growth. It blends our discounted-cash-flow model with other valuation lenses. Every assumption is listed on this page with its source.
What growth is priced into GE Aerospace (General Electric Company) stock?
Today's price implies revenue growth of more than 25%/yr. Above about 25% a year the reverse-DCF stops being informative. It solves for revenue growth alone — holding margins, capital intensity and the forecast horizon fixed — so a price well above our cash-flow model's value has nowhere to go but growth, and the solver returns a rate the model can't reconcile. Read it as "the price implies growth we can't justify", not as a forecast. This is a reverse DCF: it holds our cash-flow model's other inputs and solves for the revenue growth that makes the model equal today's price of $313.83. A model estimate, not investment advice.
GE Aerospace (General Electric Company) (GE) insider trading
The most recent insider filing (SEC Form 4) for GE Aerospace (General Electric Company) (GE): Giglietti Robert M., Vice President, option exercise on 2026-08-11. The latest filings are listed on this page. A disclosure, not a signal to trade.