GE Aerospace reported Q3 2024 revenues of $9.8 billion, up 6% year-over-year, driven by Commercial Engines & Services growth. Operating profit increased 14% to $1.8 billion with margins expanding to 20.3%. Earnings per share reached $1.56, while adjusted EPS was $1.15 excluding special items. Commercial services revenues grew significantly on higher spare parts volume and improved pricing.The company's backlog expanded 8% to $166.1 billion, reflecting strong commercial aerospace demand. Commercial Engines & Services segment profit rose 16% to $1.8 billion on increased aftermarket volume and favorable pricing, while Defense & Propulsion Technologies revenue grew 2% to $2.2 billion. Free cash flow generation remained robust at $4.6 billion year-to-date.Management executed $3.3 billion in share repurchases under its new $15 billion authorization. The company completed the separation of GE Vernova in April 2024 and reached a $362.5 million settlement agreement for the Sjunde AP-Fonden shareholder lawsuit. Looking ahead, GE Aerospace remains focused on meeting growing commercial aerospace demand while managing ongoing supply chain constraints.

GE Aerospace reported Q3 2024 revenues of $9.8 billion, up 6% year-over-year, driven by Commercial Engines & Services growth. Operating profit increased 14% to $1.8 billion with margins expanding to 20.3%. Earnings per share reached $1.56, while adjusted EPS was $1.15 excluding special items. Commercial services revenues grew significantly on higher spare parts volume and improved pricing.The company's backlog expanded 8% to $166.1 billion, reflecting strong commercial aerospace demand. Commercial Engines & Services segment profit rose 16% to $1.8 billion on increased aftermarket volume and favorable pricing, while Defense & Propulsion Technologies revenue grew 2% to $2.2 billion. Free cash flow generation remained robust at $4.6 billion year-to-date.Management executed $3.3 billion in share repurchases under its new $15 billion authorization. The company completed the separation of GE Vernova in April 2024 and reached a $362.5 million settlement agreement for the Sjunde AP-Fonden shareholder lawsuit. Looking ahead, GE Aerospace remains focused on meeting growing commercial aerospace demand while managing ongoing supply chain constraints.