Yahoo Finance·2026-01-25 15:20Company Overview - General Electric (GE) was founded in 1892 by Thomas Edison and has a long history of innovation across various sectors including hydroelectric power, aviation, energy grids, and healthcare [1][2] - The company faced significant challenges due to over-diversification and failed strategies, leading to a dramatic decline in its financial health, particularly during the Great Recession when its share price fell over 80% from 2007 to 2009 [3] Corporate Restructuring - In 2021, GE was split into three separate publicly traded companies: GE HealthCare Technologies, GE Aerospace, and GE Vernova [4] - GE HealthCare Technologies has seen a 25% increase since its spin-off in late 2022, although it has underperformed compared to the S&P 500, which rose about 75% in the same period [4] Performance of Spin-offs - GE Aerospace and GE Vernova have performed significantly better post-split, with GE Aerospace up about 100% and GE Vernova climbing 400% since their separation in April 2024 [5][6] - In 2025, GE Vernova increased by 95% and GE Aerospace rose by approximately 85%, while the broader market gained about 17% [6] Market Dynamics - GE Aerospace is positioned to benefit from a supply-demand imbalance in the aircraft industry, with commercial air travel growing over 10% from 2023 to 2024 and projected to rise by 4.2% annually through 2030 [6] - GE Vernova is recognized as a leader in power equipment, with a rapidly increasing backlog indicating strong future demand [7]