GENERAL ELECTRIC CO Earnings Per Share Disclosure
| 2025 | 2024 | 2023 | ||||||||||||||||||||||||
| (Earnings for per-share calculation, shares in millions, per-share amounts in dollars) | Diluted | Basic | Diluted | Basic | Diluted | Basic | ||||||||||||||||||||
| Net income (loss) from continuing operations(a) | $ | 8,598 | $ | 8,601 | $ | 6,670 | $ | 6,670 | $ | 9,446 | $ | 9,449 | ||||||||||||||
| Preferred stock dividends and other and accretion of preferred share repurchase(b) | — | — | — | — | (295) | (295) | ||||||||||||||||||||
| Net income (loss) from continuing operations attributable to common shareholders(a) | 8,598 | 8,601 | 6,670 | 6,670 | 9,151 | 9,154 | ||||||||||||||||||||
| Net income (loss) from discontinued operations | 103 | 103 | (114) | (114) | 33 | 33 | ||||||||||||||||||||
| Net income (loss) attributable to common shareholders(a) | 8,701 | 8,704 | 6,556 | 6,556 | 9,184 | 9,187 | ||||||||||||||||||||
| Shares of common stock outstanding | 1,061 | 1,061 | 1,085 | 1,085 | 1,089 | 1,089 | ||||||||||||||||||||
Employee compensation-related shares (including stock options) | 8 | — | 10 | — | 10 | — | ||||||||||||||||||||
Total average equivalent shares | 1,068 | 1,061 | 1,094 | 1,085 | 1,099 | 1,089 | ||||||||||||||||||||
| EPS from continuing operations | $ | 8.05 | $ | 8.11 | $ | 6.09 | $ | 6.15 | $ | 8.33 | $ | 8.41 | ||||||||||||||
| EPS from discontinued operations | 0.10 | 0.10 | (0.10) | (0.11) | 0.03 | 0.03 | ||||||||||||||||||||
| Net EPS | 8.14 | 8.20 | 5.99 | 6.04 | 8.36 | 8.44 | ||||||||||||||||||||
| Potentially dilutive securities(c) | 1 | 6 | 24 | |||||||||||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Jan 29, 2026 | Showing above |
| 2024 | Feb 3, 2025 | |
| 2023 | Feb 2, 2024 | |
| 2022 | Feb 10, 2023 | |
| 2021 | Feb 11, 2022 | |
| 2020 | Feb 12, 2021 | |
| 2019 | Feb 24, 2020 | |
| 2018 | Feb 26, 2019 | |
| 2017 | Feb 23, 2018 | |
| 2016 | Feb 24, 2017 | |
| 2015 | Feb 26, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.