GE Aerospace publishes Baird Global Industrial Conference transcript
GE•GE Aerospace expects 2027 commercial services revenue to rise by $3.5 billion to $4 billion, representing low-double-digit growth. It expects 2026-level company margins despite $300 million in additional GE9X losses, and cash conversion above 100%.
1. 2027 outlook
CFO Rahul Ghai discussed the outlook with Baird analyst Peter J. Arment at the November 10, 2026, Baird Global Industrial Conference. GE Aerospace expects commercial services revenue to increase by $3.5 billion to $4 billion in 2027, representing low-double-digit growth. Total company margins are expected to remain consistent with 2026 despite an additional $300 million in GE9X losses.
2. Services and cash
Cash conversion is expected to exceed 100%, with slower inventory growth offsetting reduced benefits from contract assets and liabilities. LEAP services margins remain on track to match overall commercial services margins by 2028, supported by lower costs, third-party servicing and pricing.
