General Electric Company (GE) is an American multinational conglomerate incorporated in New York City and headquartered in Boston.As of 2018, the company operates through the following segments: aviation, healthcare, power, renewable energy, digital industry, additive manufacturing and venture capital and finance.. GE Aviationâs quarterly revenue fell to $4.4 billion from $7.9 billion in 2019. It suffered a $680 million net loss, compared with a $1.4 billion gain a year earlier. 2019 DELEVERAGING ACTIONS % Reduced GE Industrial leverage: $7B net debt* reduction, ending 2019 with 4.2x net debt* to EBITDA* vs. 4.8x in 2018. Healthcare, at least, has performed well. View the latest GE financial statements, income statements and financial ratios. While the division delivered two-thirds of GEâs profits, Boeingâs 737 Max travails, followed by the coronavirus pandemic, have slowed its progress. The full-year cumulative sales revenue from healthcare systems reached $14.6 billion, compared with $14.9 billion in 2018, a decrease of approximately -1.7% year-on-year. The top 10 competitors average 14B. The revenue decline was mostly due to the loss of revenues from GE's BioPharma unit, which GE sold to Danaher earlier this year. ... the remaining health care business is expected to generate nearly $17 billion in annual revenue. GE Healthcare's revenue is the ranked 6th among it's top 10 competitors. Dec 3, 2019, 2:50pm EST. General Electric (NYSE: GE) is expected to report a sharp decline in revenues for 2019 primarily due to the deconsolidation of its Oil & Gas segment. The 2019 full-year figure is an analyst estimate based on the Q4 2019 earnings results until GE reports at a sub-segment level during its annual report due at the end of February. The statistic shows the profit of General Electric in the segment of Healthcare from 1997 to 2019 GE Healthcare is a division of GE Technology ⦠Annual stock financials by MarketWatch. For the quarter (end-September 30), GE Healthcare posted sales of $4.565 billion, down 7% compared with revenues of $4.923 billion in the third quarter of fiscal 2019. The company also stated that its 2019 guidance remains unchanged. The ⦠% Reduced GE Capital leverage: $7B debt reduction, ending 2019 with 3.9x debt to equity vs. 5.7x in 2018. In June of 2018, GE announced plans to separate GE Healthcare into its own company, with plans to monetize 20% of the company and distribute 80% to shareholders tax-free. General Electric annual gross profit for 2018 was $24.194B, a ⦠General Electric gross profit for the twelve months ending September 30, 2020 was $18.795B, a 16.05% decline year-over-year. 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