General Electric Debt-to-EBITDA Ratio Growth & History (GE)
General Electric's debt-to-ebitda ratio was 2.30 for fiscal 2025.
View full General Electric company overviewGeneral Electric annual debt-to-ebitda ratio history
| Fiscal year | Period ended | Debt-to-EBITDA ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 2.30 | −1.00 | −30.22% |
| 2024 | 2024-12-31 | 3.29 | −1.52 | −31.57% |
| 2023 | 2023-12-31 | 4.82 | −11.98 | −71.33% |
| 2022 | 2022-12-31 | 16.79 | — | — |
| 2018 | 2018-12-31 | 71.65 | 47.99 | +202.89% |
| 2017 | 2017-12-31 | 23.65 | −180.56 | −88.42% |
| 2016 | 2016-12-31 | 204.21 | 190.77 | +1418.56% |
| 2015 | 2015-12-31 | 13.45 | −2.22 | −14.18% |
| 2014 | 2014-12-31 | 15.67 | −3.43 | −17.98% |
| 2013 | 2013-12-31 | 19.10 | 9.09 | +90.71% |
| 2012 | 2012-12-31 | 10.02 | −2.13 | −17.51% |
| 2011 | 2011-12-31 | 12.14 | −3.07 | −20.18% |
| 2010 | 2010-12-31 | 15.21 | −2.56 | −14.41% |
| 2009 | 2009-12-31 | 17.77 | 3.16 | +21.66% |
| 2008 | 2008-12-31 | 14.61 | — | — |
General Electric quarterly debt-to-ebitda ratio
| Fiscal quarter | Period ended | Debt-to-EBITDA ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.01 | −0.09 | −4.42% |
| Q1 2026 | 2026-03-31 | 2.21 | −0.37 | −14.38% |
| Q4 2025 | 2025-12-31 | 2.30 | −1.00 | −30.22% |
| Q3 2025 | 2025-09-30 | 1.86 | 0.08 | +4.44% |
| Q2 2025 | 2025-06-30 | 2.10 | 0.39 | +22.49% |
| Q1 2025 | 2025-03-31 | 2.58 | 0.62 | +31.95% |
| Q4 2024 | 2024-12-31 | 3.29 | −1.52 | −31.57% |
| Q3 2024 | 2024-09-30 | 1.79 | — | — |
| Q2 2024 | 2024-06-30 | 1.72 | — | — |
| Q1 2024 | 2024-03-31 | 1.95 | — | — |
| Q4 2023 | 2023-12-31 | 4.82 | −11.98 | −71.33% |
| Q4 2022 | 2022-12-31 | 16.79 | — | — |
| Q3 2021 | 2021-09-30 | 40.85 | — | — |
| Q3 2019 | 2019-09-30 | 3.98 | — | — |
| Q2 2019 | 2019-06-30 | 17.84 | −5.03 | −22.00% |
| Q1 2019 | 2019-03-31 | 17.74 | −11.49 | −39.32% |
| Q4 2018 | 2018-12-31 | 71.65 | 47.99 | +202.89% |
| Q2 2018 | 2018-06-30 | 22.87 | — | — |
| Q1 2018 | 2018-03-31 | 29.23 | −765.79 | −96.32% |
| Q4 2017 | 2017-12-31 | 23.65 | −180.56 | −88.42% |
| Q1 2017 | 2017-03-31 | 795.02 | 790.04 | +15861.63% |
| Q4 2016 | 2016-12-31 | 204.21 | 190.77 | +1418.56% |
| Q3 2016 | 2016-09-30 | 1.66 | — | — |
| Q2 2016 | 2016-06-30 | 2.42 | — | — |
| Q1 2016 | 2016-03-31 | 4.98 | — | — |
| Q4 2015 | 2015-12-31 | 13.45 | −2.22 | −14.18% |
| Q4 2014 | 2014-12-31 | 15.67 | −3.43 | −17.98% |
| Q3 2014 | 2014-09-30 | 27.57 | 18.62 | +208.01% |
| Q2 2014 | 2014-06-30 | 20.63 | 11.40 | +123.53% |
| Q1 2014 | 2014-03-31 | 18.69 | 9.24 | +97.81% |
| Q4 2013 | 2013-12-31 | 19.10 | 9.09 | +90.71% |
| Q3 2013 | 2013-09-30 | 8.95 | −1.91 | −17.62% |
| Q2 2013 | 2013-06-30 | 9.23 | −1.82 | −16.48% |
| Q1 2013 | 2013-03-31 | 9.45 | −2.33 | −19.79% |
| Q4 2012 | 2012-12-31 | 10.02 | −2.13 | −17.51% |
| Q3 2012 | 2012-09-30 | 10.86 | −61.74 | −85.03% |
| Q2 2012 | 2012-06-30 | 11.05 | −68.44 | −86.10% |
| Q1 2012 | 2012-03-31 | 11.78 | −79.48 | −87.09% |
| Q4 2011 | 2011-12-31 | 12.14 | −3.07 | −20.18% |
| Q3 2011 | 2011-09-30 | 72.60 | 64.08 | +751.80% |
| Q2 2011 | 2011-06-30 | 79.49 | 70.86 | +820.65% |
| Q1 2011 | 2011-03-31 | 91.26 | 82.12 | +898.12% |
| Q4 2010 | 2010-12-31 | 15.21 | −2.56 | −14.41% |
| Q3 2010 | 2010-09-30 | 8.52 | — | — |
| Q2 2010 | 2010-06-30 | 8.63 | — | — |
| Q1 2010 | 2010-03-31 | 9.14 | — | — |
| Q4 2009 | 2009-12-31 | 17.77 | — | — |
General Electric debt-to-ebitda ratio trends
Between the periods ended 2008-12-31 and 2025-12-31, General Electric's debt-to-ebitda ratio decreased from 14.61 to 2.30, a change of −12.31. The latest reported quarter, Q2 2026, shows 2.01.
What the debt-to-EBITDA ratio means
Debt-to-EBITDA compares interest-bearing debt with operating earnings before interest, taxes, depreciation, and amortization. It is commonly used to assess leverage, but it is generally unsuitable for banks and other financial companies.
How debt-to-EBITDA is calculated
TickerStat divides period-end total debt by annual EBITDA. Quarterly observations use trailing-12-month EBITDA. Periods with zero or negative EBITDA are excluded because the leverage multiple would not be meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review General Electric source filings ↗Community posts
GE Aerospace agrees to buy aircraft-parts supplier for $11.75 billion
GE Aerospace ($GE) agreed to acquire Consolidated Precision Products for $11.75 billion to expand production of critical aircraft-engine components. It plans to fund the deal with $7 billion in cash and the remainder through borrowing, with ...