Most profitable companies of the Fortune
General Electric
Photograph by Kristopher Grunert
General Electric GE -1.55% saw $15.2 billion in profit last year, an increase of nearly 17%. Almost every segment reported an increase in profit, led by stronger gains for oil and gas, aviation, and appliances and light. But GE's largest business segment by both sales and profit — GE Capital — posted a 12% drop for the bottom line. This year, GE announced it would shed over four-fifths of its in-house bank over the next three years so it can focus on core industrial operations.
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