GE Aerospace Surges Ahead of Boeing in Revenue Growth
Boeing and GE Aerospace are two prominent players in the aerospace industry. Boeing is a global leader in commercial airplanes, defense products, and space systems, while GE Aerospace specializes in propulsion, services, and systems for aviation.
Boeing's revenue surged by 34.5% to $89.5 billion in FY 2025, resulting in a net income of $2.2 billion and a net margin of 2.5%. However, the company's debt-to-equity ratio is high at 10x, indicating a highly leveraged financial structure.
GE Aerospace, on the other hand, reported revenue growth of 18.5% to nearly $45.9 billion in FY 2025, with a net income of approximately $8.7 billion and a net margin of close to 19%. GE Aerospace's debt-to-equity ratio is more balanced at 1.1x.
Boeing faces operational risks due to its complex production system and certification delays for models such as the 777X and 737-10. The company also has high debt levels that require consistent access to capital markets to maintain liquidity.