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GE vs. NXT: GE Aerospace vs. Nextracker Stock Comparison

How do GE Aerospace (GE) and Nextracker (NXT) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

GE Aerospace (GE) and Nextracker (NXT) both fall under the Capital Goods industry group, but GE is classified in Industrial Conglomerates while NXT is classified in Electrical Equipment.

GE Aerospace (GE) has more than two decades of public-market history since January 2, 1962, whereas Nextracker (NXT) listed on February 9, 2023 and has a much shorter record to draw on.

Company profile comparison for GE Aerospace (GE) and Nextracker (NXT)
Profile ItemGENXT
NameGeneral Electric CompanyNextpower Inc. Class A Common Stock
Country/RegionUnited StatesUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryIndustrial ConglomeratesElectrical Equipment
GICS Sub-IndustryIndustrial ConglomeratesElectrical Components & Equipment
Market Capitalization335.38 billion USD16.00 billion USD
CurrencyUSDUSD
ExchangeNYSENasdaq
Listing DateJanuary 2, 1962February 9, 2023
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

GE
NXT
GSPC
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GE Aerospace (GE) vs. Nextracker (NXT), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for GE Aerospace (GE) and Nextracker (NXT). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for GE Aerospace (GE) and Nextracker (NXT). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for GE Aerospace (GE) and Nextracker (NXT)
MetricGENXT
Total Return (1Y)9.16%0.06%
Total Return (3Y, Annualized)55.50%45.51%
Total Return (5Y, Annualized)37.59%--

Risk Profile

Drawdown History

GE
NXT
GSPC
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GE Aerospace (GE) vs. Nextracker (NXT), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for GE Aerospace (GE) and Nextracker (NXT). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for GE Aerospace (GE) and Nextracker (NXT)
MetricGENXT
Volatility (1Y, Annualized)34.52%68.10%
Beta (5Y)1.391.66
Max Drawdown (5Y)-44.94%-51.10%
Avg. Volume (3M)4.48M2.38M

Risk-Adjusted Performance

Risk-Return Positioning

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GE and NXT are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for GE Aerospace (GE) and Nextracker (NXT)
MetricGENXT
Sharpe Ratio (1Y)0.14-0.06
Sortino Ratio (1Y)0.20-0.09

Profitability

ROE (TTM)

Both companies show strong equity returns, but GE Aerospace (GE) at 50.17% is the standout with ROE above its industry range; Nextracker (NXT) at 26.46% also sits in the top quartile.

GE

Capital Goods industry group

50.17%

GE
50.17%
Max
40.55%
Q3
19.29%
Median
12.12%
Q1
4.08%
Min
-17.12%

NXT

Capital Goods industry group

26.46%

Max
40.55%
NXT
26.46%
Q3
19.29%
Median
12.12%
Q1
4.08%
Min
-17.12%
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GE Aerospace (GE) vs. Nextracker (NXT): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both GE Aerospace (GE) at 17.31% and Nextracker (NXT) at 15.98% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

GE

Capital Goods industry group

17.31%

Max
27.47%
GE
17.31%
Q3
12.10%
Median
6.30%
Q1
1.40%
Min
-12.89%

NXT

Capital Goods industry group

15.98%

Max
27.47%
NXT
15.98%
Q3
12.10%
Median
6.30%
Q1
1.40%
Min
-12.89%
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GE Aerospace (GE) vs. Nextracker (NXT): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Both GE Aerospace (GE) at 18.49% and Nextracker (NXT) at 20.06% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

GE

Capital Goods industry group

18.49%

Max
36.60%
GE
18.49%
Q3
18.33%
Median
11.12%
Q1
5.14%
Min
-12.63%

NXT

Capital Goods industry group

20.06%

Max
36.60%
NXT
20.06%
Q3
18.33%
Median
11.12%
Q1
5.14%
Min
-12.63%
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GE Aerospace (GE) vs. Nextracker (NXT): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for GE Aerospace (GE) and Nextracker (NXT)
MetricGENXT
ROE (TTM)50.17%26.46%
ROA (TTM)5.06%10.75%
Net Margin (TTM)17.31%15.98%
Operating Margin (TTM)18.49%20.06%
Gross Margin (TTM)30.07%21.84%

Growth

Revenue Growth

Nextracker (NXT) at 20.28% sits in the top revenue growth quartile, while GE Aerospace (GE) at 18.48% is closer to the peer norm — faster top-line expansion for NXT.

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GE Aerospace (GE) vs. Nextracker (NXT): A comparison of their Revenue Growth across different time periods.

EPS Growth

GE Aerospace (GE) at 35.89% sits in the top EPS growth quartile, while Nextracker (NXT) at 10.66% is closer to the peer norm — faster per-share earnings growth for GE.

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GE Aerospace (GE) vs. Nextracker (NXT): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for GE Aerospace (GE) and Nextracker (NXT)
MetricGENXT
Revenue Growth (YoY)18.48%20.28%
Revenue Growth (3Y CAGR)16.32%23.23%
EPS Growth (YoY)35.89%10.66%
EPS Growth (3Y CAGR)446.03%476.90%

Financial Strength

Current Ratio (MRQ)

Nextracker (NXT) at 2.23 keeps current ratio within its industry’s typical mid-range, while GE Aerospace (GE) at 0.98 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for GE.

GE

Capital Goods industry group

0.98

Max
5.22
Q3
2.95
Median
2.08
Q1
1.43
GE
0.98
Min
0.36

NXT

Capital Goods industry group

2.23

Max
5.22
Q3
2.95
NXT
2.23
Median
2.08
Q1
1.43
Min
0.36
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GE Aerospace (GE) vs. Nextracker (NXT): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Nextracker (NXT) at 0.02 keeps leverage in the lower quartile, while GE Aerospace (GE) at 1.16 sits in the higher-leverage quartile.

GE

Capital Goods industry group

1.16

Max
2.33
GE
1.16
Q3
1.12
Median
0.60
Q1
0.29
Min
0.00

NXT

Capital Goods industry group

0.02

Max
2.33
Q3
1.12
Median
0.60
Q1
0.29
NXT
0.02
Min
0.00
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GE Aerospace (GE) vs. Nextracker (NXT): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for GE Aerospace (GE) and Nextracker (NXT)
MetricGENXT
Current Ratio (MRQ)0.982.23
Debt / Equity (MRQ)1.160.02
Net Debt / EBITDA0.93-1.30

Dividends

Dividend Yield (TTM)

Nextracker (NXT) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile GE Aerospace (GE) reports a yield of 0.56%, ranking against industry peers normally.

GE

Capital Goods industry group

0.56%

Max
2.66%
Q3
1.14%
GE
0.56%
Median
0.24%
Q1
0.00%
Min
0.00%

NXT

Capital Goods industry group

0.00%

Max
2.66%
Q3
1.14%
Median
0.24%
NXT
0.00%
Q1
0.00%
Min
0.00%
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GE Aerospace (GE) vs. Nextracker (NXT): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Nextracker (NXT) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile GE Aerospace (GE) reports a payout of 20.23%, ranking against industry peers normally.

GE

Capital Goods industry group

20.23%

Max
67.39%
Q3
28.02%
GE
20.23%
Median
6.86%
Q1
0.00%
Min
0.00%

NXT

Capital Goods industry group

0.00%

Max
67.39%
Q3
28.02%
Median
6.86%
NXT
0.00%
Q1
0.00%
Min
0.00%
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GE Aerospace (GE) vs. Nextracker (NXT): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for GE Aerospace (GE) and Nextracker (NXT)
MetricGENXT
Dividend Yield (TTM)0.56%0.00%
Dividend Payout Ratio (TTM)20.23%0.00%

Valuation

P/E Ratio (TTM)

Nextracker (NXT) at 26.42 is near its industry’s usual P/E ratio, while GE Aerospace (GE) at 36.94 sits in the richer quartile — GE needs stronger growth or earnings quality to justify the premium.

GE

Capital Goods industry group

36.94

Max
59.38
GE
36.94
Q3
35.92
Median
25.41
Q1
19.47
Min
3.03

NXT

Capital Goods industry group

26.42

Max
59.38
Q3
35.92
NXT
26.42
Median
25.41
Q1
19.47
Min
3.03
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GE Aerospace (GE) vs. Nextracker (NXT): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

Both GE Aerospace (GE) at 6.38 and Nextracker (NXT) at 4.17 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.

GE

Capital Goods industry group

6.38

Max
7.54
GE
6.38
Q3
3.76
Median
2.15
Q1
1.03
Min
0.03

NXT

Capital Goods industry group

4.17

Max
7.54
NXT
4.17
Q3
3.76
Median
2.15
Q1
1.03
Min
0.03
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GE Aerospace (GE) vs. Nextracker (NXT): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Both look rich against book: Nextracker (NXT) at 5.98 sits in the upper P/B ratio quartile, and GE Aerospace (GE) at 19.06 prices even higher, above its industry range.

GE

Capital Goods industry group

19.06

GE
19.06
Max
9.66
Q3
5.00
Median
3.12
Q1
1.81
Min
-1.08

NXT

Capital Goods industry group

5.98

Max
9.66
NXT
5.98
Q3
5.00
Median
3.12
Q1
1.81
Min
-1.08
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GE Aerospace (GE) vs. Nextracker (NXT): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for GE Aerospace (GE) and Nextracker (NXT)
MetricGENXT
P/E Ratio (TTM)36.9426.42
P/S Ratio (TTM)6.384.17
P/B Ratio (MRQ)19.065.98
Free Cash Flow Yield (TTM)1.89%2.32%