# GE Aerospace (GE.US)

Canonical: https://gigainvestors.com/s/GE

Analysis as of: 2026-10-16T07:28:43.950Z. Financial observations: FY1996–FY2025.

Listing currency: USD. Reporting currency: USD.

## Verdict

Not a wonderful business

Quality tests for Buy: not passed (profit record: fail; earnings resilience is evidence only). Published buy qualification: no.

Share price: $312.00 per share; close as of 2026-10-15.

Estimated value: low $100.56 per share, central $113.32 per share, high $130.31 per share. Buy at or below the central value $113.32 per share. Valuation as of 2026-10-16T07:28:43.950Z; scenarios are not confidence intervals.

Expected annual return: 5.4% at the stated quote. About 5.4% a year at today's price (required return 10.0%). required return 10.0% a year (10% floor; US 10-year bond 5.1% + 4 points).

## Checklist

### understandable: fail

- 6 revenue declines in the last 10 years

- more than 5 revenue declines in ten years

- more than 2 net loss years

- operating margin variation exceeds 0.35

- Financial history: 10 years

- Years with declining revenue: 6

- Years with a net loss: 4

- Operating margin variation: 0.93×

Chart: Operating margin; fiscal year observations.

- FY2016: 0.12×

- FY2017: -0.03×

- FY2018: 0.07×

- FY2019: 0.06×

- FY2020: 0.01×

- FY2021: 0.02×

- FY2022: 0.02×

- FY2023: 0.13×

- FY2024: 0.17×

- FY2025: 0.19×

### moat: fail

- ROIC median below threshold

- ROIC worst years below threshold (more than 1 bad year allowed)

- ROIC, median of available years: 4.9%

- ROIC, second-lowest year: 0.9%

- Typical minus recent gross margin: -9.5 pp

- Typical gross margin (annual median): 27.4%

- Recent gross margin (lower of latest and 3-year median): 36.8%

- Years with nonpositive capital: 0

- Capital spending / revenue: 4.5%

- ROIC including acquisitions, ten-year median: 4.0%

Chart: ROIC excluding acquisitions; fiscal year observations.

- FY2016: 9.5%

- FY2017: -2.5%

- FY2018: 4.0%

- FY2019: 5.4%

- FY2020: 0.9%

- FY2021: 2.3%

- FY2022: 4.3%

- FY2023: 22.1%

- FY2024: 35.6%

- FY2025: 42.5%

### economics: fail

- incremental invested capital return below threshold

- Owner earnings / net income, 5-yr: 1.13×

- Cash conversion uses consolidated totals: No

- Owner earnings, five-year total: $21B

- Net income, five-year total: $19B

- Return on incremental invested capital: 0.0%

- Working capital / revenue, annual change: 0.1 pp

- Working capital / revenue, change between three-year averages: -0.4 pp

- Working capital / revenue, final three-year average: 37.3%

Chart: Annual owner cash / profit; fiscal year observations.

- FY2021: 0.84×

- FY2022: 6.92×

- FY2023: 0.96×

- FY2024: 1.02×

- FY2025: 1.00×

### management: pass

- Historical market-dollar context (not the management verdict): 2016 to 2025 (9 years)

- potential debt-funded buybacks (informational)

- buybacks leaned toward cheaper years (informational)

- ROIC first 3 years vs last 3 years: 4.0% vs 35.6%

- Per-share earnings: -4.99 to 8.15 (three-year endpoint medians)

- Management verdict uses per-share economic progress: Yes

- Ordinary dilution, 10-year annual growth: -1.4%

- Ordinary dilution, 5-year annual growth: -4.9%

- Market cap gain: $155B

- Cumulative retained earnings: -$52B

- Diluted shares, 10-year annual growth: -1.4%

- Diluted shares, 5-year annual growth: -4.9%

- $1 test, starting fiscal year: FY2016

- $1 test, ending fiscal year: FY2025

- Per-share value change: $13.14

- Per-share value, starting three-year median: -$4.99

- Per-share value, ending three-year median: $8.15

- Buybacks concentrated in cheaper years (correlation): 0.08

- Average buyback yield: 2.7%

- Buyback history: 9 years

- Debt-funded buybacks: Yes

- Acquisition spending: $4.0B

- Cumulative net income, 10 years: -$3.9B

- ROIC, first three-year median: 4.0%

- ROIC, last three-year median: 35.6%

Chart: Earnings per share; fiscal year observations.

- FY2016: $6.74

- FY2017: -$7.81

- FY2018: -$20.55

- FY2019: -$3.64

- FY2020: $4.16

- FY2021: -$4.61

- FY2022: $0.27

- FY2023: $8.63

- FY2024: $5.99

- FY2025: $8.15

### accounting: pass

- Sloan accruals: 0.1%

- Receivables to sales index (DSRI): 1.05×

- Restructuring years, last five: 1

- Stock compensation / operating cash flow: 0.0%

- Earnings backed by cash: Yes

- Operating cash / earnings: 0.98×

- Accounting red flags: 0

- Goodwill and intangibles / equity: 0.71×

Chart: Sloan accruals; fiscal year observations.

- FY2016: 1.7%

- FY2017: -3.9%

- FY2018: -8.8%

- FY2019: -5.2%

- FY2020: 0.8%

- FY2021: -4.9%

- FY2022: -3.0%

- FY2023: 2.4%

- FY2024: 1.5%

- FY2025: 0.1%

## Holders

- [Nicolai Tangen](https://gigainvestors.com/AKO): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [David Hoeft](https://gigainvestors.com/DAC): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Andrew Adams](https://gigainvestors.com/MPF): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Richard Pzena](https://gigainvestors.com/PIM): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Christopher Bloomstran](https://gigainvestors.com/SA): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Robert Torray](https://gigainvestors.com/T): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Nelson Peltz](https://gigainvestors.com/TF): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Arnold Van Den Berg](https://gigainvestors.com/VAN): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Dan Davidowitz](https://gigainvestors.com/pcm): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Chris Hohn](https://gigainvestors.com/tci): tracked 13F investor; follow the investor page for holding quarter and amounts.

## Price story

Price needs cash profits to grow 14.3% a year for ten years · "2028 Profit Outlook: $11.5 billion." (finance.yahoo.com, Jul 2025) · sales +18.5%

Story as of 2026-10-16T09:58:48.503Z; price observation 2026-10-15.

Price needs cash profits to grow 14.3% a year for ten years

- 2025-07-17: GE Aerospace Climbs on Robust Q2 Earnings, Lifts Full-Year Guidance ([finance.yahoo.com](https://finance.yahoo.com/news/ge-aerospace-climbs-robust-q2-131004552.html))

- 2026-02-17: GE Aerospace Wins Big United Deal And Expands Long Term Engine Base ([finance.yahoo.com](https://finance.yahoo.com/news/ge-aerospace-wins-big-united-231308249.html))

- 2026-03-18: Rare Earth Shift Tests GE Aerospace Defense Supply Chain And Margins ([finance.yahoo.com](https://finance.yahoo.com/news/rare-earth-shift-tests-ge-001958734.html))

- 2026-05-16: GE Aerospace Taps US China Deal For Long Term Engine Revenue ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/ge-aerospace-taps-us-china-012116028.html))

- 2026-06-26: General Electric (GE) Is Betting On A $170 Billion Services Backlog ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/general-electric-ge-betting-170-220930021.html))

- 2026-09-24: GE Aerospace Faces Margin Pressure From Rising Costs: Can It Recover? ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/ge-aerospace-faces-margin-pressure-141000210.html))

### Sales · FY2024–2025

sales +18.5%; source https://www.sec.gov/Archives/edgar/data/40545/000004054526000008/ge-20251231.htm; observed 2026-01-29.

- FY2016: $119B 

- FY2017: $99B 

- FY2018: $97B 

- FY2019: $90B 

- FY2020: $76B 

- FY2021: $56B 

- FY2022: $77B 

- FY2023: $35B 

- FY2024: $39B 

- FY2025: $46B 

### Gross margin · FY2025

gross margin 36.8%; source https://www.sec.gov/Archives/edgar/data/40545/000004054526000008/ge-20251231.htm; observed 2026-01-29.

- FY2016: 26.6% 

- FY2017: 23.9% 

- FY2018: 28.5% 

- FY2019: 28.1% 

- FY2020: 23.7% 

- FY2021: 23.2% 

- FY2022: 18.1% 

- FY2023: 35.1% 

- FY2024: 37.2% 

- FY2025: 36.8% 

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in aerospace & defense; annual sales are USD 45.9 billion.

- Source: https://www.sec.gov/Archives/edgar/data/40545/000004054526000008/ge-20251231.htm (filed 2026-01-29); FY2025: revenue 45855000000; grossProfit 16887000000; margin = grossProfit / revenue.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); GE.US: General Electric Company, doing business as GE Aerospace, designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and aircraft systems. The company operates through two segments, Commercial Engines & Services, and Defense & Propulsion Technologies. The Commercial Engines & Services segment designs, develops, manufactures, maintenance, repair, and overhaul (MRO) services of jet engines and sale of spare parts for commercial airframes, business aviation, and aeroderivative applications. The Defense & Propulsion Technologies designs, develops, manufactures, and services jet engines and avionics and power systems for governments, militaries, and commercial airframers, as well as MRO of engines and the sale of spare parts. This segment also offers aircraft components and systems, such as small turboprop engines, aeroengine mechanical transmissions, turbines, combustors and controls, additive manufacturing, propeller systems, ignition systems, sensors and engine accessories for fixed wing and rotorcraft applications for commercial and military end users under the Avio Aero, Unison, Dowty Propellers, and Colibrium Additive brands. The company operates in the United States, Europe, Asia, the Americas, the Middle East, and Africa. General Electric Company was incorporated in 1892 and is based in Evendale, Ohio.

### Why customers stay

Margins ranged from 35.1% to 37.2% during 2023–25; it earns 4.9% on its capital.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-01-29); FY2023: grossProfit / revenue = 35.1%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-01-29); FY2024: grossProfit / revenue = 37.2%.

- Source: https://www.sec.gov/Archives/edgar/data/40545/000004054526000008/ge-20251231.htm (filed 2026-01-29); FY2025: grossProfit / revenue = 36.8%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-01-29); 10-year return on capital observations [[2016,0.09540792980000538],[2017,-0.024635220985039962],[2018,0.040056621744249704],[2019,0.0538436805335027],[2020,0.00923751016351974],[2021,0.022606226165039354],[2022,0.0434600580328063],[2023,0.22103340463785198],[2024,0.35627802495377425],[2025,0.4254086009368474]]; median 0.0486518692831545. ROIC follows the displayed moat series; financial companies use return on tangible equity.

### Where the cash goes

Spends 0.6% of cash earnings on expansion; paid dividends in 10 of 10 years.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-01-29); FY2016: growth capex 129000000; upkeep 7070000000; owner earnings 7500000000. Growth capex / owner earnings = 0.0172.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-01-29); FY2020: growth capex 0; upkeep 3403000000; owner earnings 5765000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-01-29); FY2022: growth capex 0; upkeep 1174000000; owner earnings 2020000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-01-29); FY2023: growth capex 0; upkeep 1595000000; owner earnings 9066000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-01-29); FY2024: growth capex 0; upkeep 1032000000; owner earnings 6708000000. Growth capex / owner earnings = 0.

- Source: https://www.sec.gov/Archives/edgar/data/40545/000004054526000008/ge-20251231.htm (filed 2026-01-29); FY2025: growth capex 53000000; upkeep 1220000000; owner earnings 8704000000. Growth capex / owner earnings = 0.006089154411764706.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-01-29); Dividend observations: [[2016,8806000000],[2017,8650000000],[2018,4474000000],[2019,649000000],[2020,648000000],[2021,575000000],[2022,639000000],[2023,589000000],[2024,1008000000],[2025,1452000000]]. Zero only counted when supported by a complete cash-flow statement.

- Source: https://www.sec.gov/Archives/edgar/data/40545/000004054526000008/ge-20251231.htm (filed 2026-01-29); FY2025: cash repurchases 7551000000 USD.

### Are managers owners

Insiders own 0.3% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); GE.US SharesStats.PercentInsiders = 0.3 percentage points; cache date 2026-10-16.

### What the price says

The price assumes cash profits grow 14.3% yearly over ten years.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-01-29); Ten-year compound average after fade. Initial solved rate 0.19371161668180564. Price 312; FX 1; discount 0.1; same standard ten-year fade to terminal 0.03. FY2015 owner earnings/share -6.995621627125547 → FY2025 8.149812734082397. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2016-11: $147.42 per share

- 2016-12: $151.44 per share

- 2017-01: $142.34 per share

- 2017-02: $142.86 per share

- 2017-03: $142.81 per share

- 2017-04: $138.93 per share

- 2017-05: $131.22 per share

- 2017-06: $129.44 per share

- 2017-07: $122.73 per share

- 2017-08: $117.65 per share

- 2017-09: $115.88 per share

- 2017-10: $96.62 per share

- 2017-11: $87.65 per share

- 2017-12: $83.63 per share

- 2018-01: $77.49 per share

- 2018-02: $67.62 per share

- 2018-03: $64.60 per share

- 2018-04: $67.43 per share

- 2018-05: $67.48 per share

- 2018-06: $65.23 per share

- 2018-07: $65.32 per share

- 2018-08: $62.01 per share

- 2018-09: $54.11 per share

- 2018-10: $48.40 per share

- 2018-11: $35.94 per share

- 2018-12: $36.28 per share

- 2019-01: $48.69 per share

- 2019-02: $51.79 per share

- 2019-03: $49.79 per share

- 2019-04: $50.69 per share

- 2019-05: $47.05 per share

- 2019-06: $52.33 per share

- 2019-07: $52.08 per share

- 2019-08: $41.12 per share

- 2019-09: $44.56 per share

- 2019-10: $49.74 per share

- 2019-11: $56.17 per share

- 2019-12: $55.62 per share

- 2020-01: $62.05 per share

- 2020-02: $54.23 per share

- 2020-03: $39.57 per share

- 2020-04: $33.89 per share

- 2020-05: $32.75 per share

- 2020-06: $34.04 per share

- 2020-07: $30.25 per share

- 2020-08: $31.60 per share

- 2020-09: $31.05 per share

- 2020-10: $36.98 per share

- 2020-11: $50.74 per share

- 2020-12: $53.83 per share

- 2021-01: $53.23 per share

- 2021-02: $62.50 per share

- 2021-03: $65.44 per share

- 2021-04: $65.39 per share

- 2021-05: $70.08 per share

- 2021-06: $67.09 per share

- 2021-07: $64.54 per share

- 2021-08: $65.67 per share

- 2021-09: $64.19 per share

- 2021-10: $65.34 per share

- 2021-11: $59.18 per share

- 2021-12: $58.86 per share

- 2022-01: $58.86 per share

- 2022-02: $59.50 per share

- 2022-03: $57.01 per share

- 2022-04: $46.45 per share

- 2022-05: $48.78 per share

- 2022-06: $39.67 per share

- 2022-07: $46.05 per share

- 2022-08: $45.75 per share

- 2022-09: $38.57 per share

- 2022-10: $48.48 per share

- 2022-11: $53.56 per share

- 2022-12: $52.20 per share

- 2023-01: $64.23 per share

- 2023-02: $67.61 per share

- 2023-03: $76.30 per share

- 2023-04: $78.99 per share

- 2023-05: $81.03 per share

- 2023-06: $87.67 per share

- 2023-07: $91.17 per share

- 2023-08: $91.35 per share

- 2023-09: $88.23 per share

- 2023-10: $86.70 per share

- 2023-11: $97.21 per share

- 2023-12: $101.86 per share

- 2024-01: $105.68 per share

- 2024-02: $125.21 per share

- 2024-03: $140.09 per share

- 2024-04: $161.82 per share

- 2024-05: $165.14 per share

- 2024-06: $158.97 per share

- 2024-07: $170.20 per share

- 2024-08: $174.62 per share

- 2024-09: $188.58 per share

- 2024-10: $171.78 per share

- 2024-11: $182.16 per share

- 2024-12: $166.79 per share

- 2025-01: $203.57 per share

- 2025-02: $206.98 per share

- 2025-03: $200.15 per share

- 2025-04: $201.54 per share

- 2025-05: $245.91 per share

- 2025-06: $257.39 per share

- 2025-07: $271.08 per share

- 2025-08: $275.20 per share

- 2025-09: $300.82 per share

- 2025-10: $308.95 per share

- 2025-11: $298.45 per share

- 2025-12: $308.03 per share

- 2026-01: $306.79 per share

- 2026-02: $342.26 per share

- 2026-03: $283.77 per share

- 2026-04: $289.93 per share

- 2026-05: $323.76 per share

- 2026-06: $373.73 per share

- 2026-07: $360.07 per share

- 2026-08: $335.71 per share

- 2026-09: $312.29 per share

- 2026-10: $307.63 per share

## Annual estimated value (USD per share)

- FY2016: low $153.40 per share, central $163.40 per share, high $176.70 per share

- FY2017: low $72.86 per share, central $78.86 per share, high $86.85 per share

- FY2023: low $27.66 per share, central $28.94 per share, high $30.64 per share

- FY2024: low $42.03 per share, central $46.09 per share, high $51.48 per share

- FY2025: low $92.08 per share, central $103.30 per share, high $118.23 per share

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

## Sources

[Original 10-K filing](https://www.sec.gov/Archives/edgar/data/40545/000004054526000008/ge-20251231.htm); period 2025-12-31, filed 2026-01-29.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.

## Reported holder observations

- [Nicolai Tangen](https://gigainvestors.com/AKO): 771,417 GE shares; USD 288,302,000 reported position value; 6.72% of portfolio; reduce; quarter 2026 Q2.
- [David Hoeft](https://gigainvestors.com/DAC): 598,052 GE shares; USD 223,510,000 reported position value; 0.12% of portfolio; reduce; quarter 2026 Q2.
- [Andrew Adams](https://gigainvestors.com/MPF): 7,525 GE shares; USD 2,812,000 reported position value; 0.03% of portfolio; hold; quarter 2026 Q2.
- [Richard Pzena](https://gigainvestors.com/PIM): 736 GE shares; USD 275,000 reported position value; 0% of portfolio; hold; quarter 2026 Q2.
- [Christopher Bloomstran](https://gigainvestors.com/SA): 9,352 GE shares; USD 3,495,000 reported position value; 0.4% of portfolio; hold; quarter 2026 Q2.
- [Robert Torray](https://gigainvestors.com/T): 10,999 GE shares; USD 4,111,000 reported position value; 0.61% of portfolio; add; quarter 2026 Q2.
- [Nelson Peltz](https://gigainvestors.com/TF): 4,030,765 GE shares; USD 1,506,418,000 reported position value; 35.61% of portfolio; hold; quarter 2026 Q2.
- [Arnold Van Den Berg](https://gigainvestors.com/VAN): 780 GE shares; USD 292,000 reported position value; 0.06% of portfolio; reduce; quarter 2026 Q2.
- [Dan Davidowitz](https://gigainvestors.com/pcm): 690,493 GE shares; USD 258,058,000 reported position value; 2.22% of portfolio; new; quarter 2026 Q2.
- [Chris Hohn](https://gigainvestors.com/tci): 47,428,233 GE shares; USD 17,725,354,000 reported position value; 33.59% of portfolio; reduce; quarter 2026 Q2.

# GE — GE Aerospace

Held by 10 investors · USD 20,012,627,000 total · 2026 Q2 · reported price USD 373.73 (split-adjusted).
Page: https://gigainvestors.com/s/GE

## Holders (2026 Q2)

| Investor | Value | % of their portfolio | This quarter |
|---|---:|---:|---|
| Chris Hohn (https://gigainvestors.com/tci) | USD 17,725,354,000 | 34% | reduce -0.17% |
| Nelson Peltz (https://gigainvestors.com/TF) | USD 1,506,418,000 | 36% | hold |
| Nicolai Tangen (https://gigainvestors.com/AKO) | USD 288,302,000 | 6.7% | reduce -22.61% |
| Dan Davidowitz (https://gigainvestors.com/pcm) | USD 258,058,000 | 2.2% | new |
| David Hoeft (https://gigainvestors.com/DAC) | USD 223,510,000 | 0.1% | reduce -18.96% |
| Robert Torray (https://gigainvestors.com/T) | USD 4,111,000 | 0.6% | add +4.43% |
| Christopher Bloomstran (https://gigainvestors.com/SA) | USD 3,495,000 | 0.4% | hold |
| Andrew Adams (https://gigainvestors.com/MPF) | USD 2,812,000 | <0.1% | hold |
| Steven Check (https://gigainvestors.com/CHE) | USD 847,994 | 0.0% | sold |
| Mark Hillman (https://gigainvestors.com/HCM) | USD 363,998 | 0.0% | sold |
| Arnold Van Den Berg (https://gigainvestors.com/VAN) | USD 292,000 | 0.1% | reduce -0.51% |
| Richard Pzena (https://gigainvestors.com/PIM) | USD 275,000 | 0.0% | hold |

## Total held by quarter

- 2006 Q4: USD 289,415,510 · 1 holder · USD 297.68
- 2007 Q1: USD 275,026,403 · 1 holder · USD 282.88
- 2007 Q2: USD 297,737,859 · 1 holder · USD 306.24
- 2007 Q3: USD 322,004,894 · 1 holder · USD 331.20
- 2007 Q4: USD 288,316,882 · 1 holder · USD 296.55
- 2008 Q1: USD 287,859,931 · 1 holder · USD 296.08
- 2008 Q2: USD 207,592,044 · 1 holder · USD 213.52
- 2008 Q3: USD 198,336,348 · 1 holder · USD 204.00
- 2008 Q4: USD 321,416,365 · 2 holders · USD 129.60
- 2009 Q1: USD 181,706,722 · 2 holders · USD 80.88
- 2009 Q2: USD 305,416,327 · 2 holders · USD 93.76
- 2009 Q3: USD 563,384,492 · 2 holders · USD 131.36
- 2009 Q4: USD 520,103,796 · 2 holders · USD 121.04
- 2010 Q1: USD 457,667,329 · 2 holders · USD 145.60
- 2010 Q2: USD 112,157,260 · 1 holder · USD 115.36
- 2010 Q3: USD 311,849,144 · 2 holders · USD 130.00
- 2010 Q4: USD 394,290,314 · 2 holders · USD 146.32
- 2011 Q1: USD 155,946,815 · 1 holder · USD 160.40
- 2011 Q2: USD 146,691,119 · 1 holder · USD 150.88
- 2011 Q3: USD 118,379,577 · 1 holder · USD 121.76
- 2011 Q4: USD 139,302,117 · 1 holder · USD 143.28
- 2012 Q1: USD 156,102,373 · 1 holder · USD 160.56
- 2012 Q2: USD 104,379,724 · 1 holder · USD 166.72
- 2012 Q3: USD 13,373,828 · 1 holder · USD 181.68
- 2012 Q4: USD 12,360,927 · 1 holder · USD 167.92
- 2013 Q1: USD 13,615,276 · 1 holder · USD 184.96
- 2013 Q2: USD 13,657,234 · 1 holder · USD 185.53
- 2013 Q3: USD 14,068,725 · 1 holder · USD 191.12
- 2013 Q4: USD 296,711,453 · 1 holder · USD 224.24
- 2014 Q1: USD 274,058,491 · 1 holder · USD 207.12
- 2014 Q2: USD 278,186,835 · 1 holder · USD 210.24
- 2014 Q3: USD 271,200,408 · 1 holder · USD 204.96
- 2014 Q4: USD 267,495,484 · 1 holder · USD 202.16
- 2015 Q1: USD 262,626,156 · 1 holder · USD 198.48
- 2015 Q2: USD 1,599,723,372 · 2 holders · USD 212.56
- 2015 Q3: USD 2,551,029,430 · 2 holders · USD 201.76
- 2015 Q4: USD 2,752,633,046 · 2 holders · USD 249.20
- 2016 Q1: USD 2,696,769,352 · 2 holders · USD 254.32
- 2016 Q2: USD 2,686,883,226 · 2 holders · USD 251.84
- 2016 Q3: USD 2,464,668,589 · 2 holders · USD 236.96
- 2016 Q4: USD 2,464,945,613 · 2 holders · USD 252.80
- 2017 Q1: USD 2,370,963,811 · 2 holders · USD 238.40
- 2017 Q2: USD 1,913,686,806 · 1 holder · USD 216.08
- 2017 Q3: USD 1,713,178,341 · 1 holder · USD 193.44
- 2017 Q4: USD 1,236,350,788 · 1 holder · USD 139.60
- 2018 Q1: USD 959,280,539 · 2 holders · USD 107.85
- 2018 Q2: USD 975,306,537 · 2 holders · USD 108.88
- 2018 Q3: USD 822,158,185 · 4 holders · USD 90.32
- 2018 Q4: USD 553,661,895 · 4 holders · USD 60.56
- 2019 Q1: USD 730,714,383 · 4 holders · USD 79.92
- 2019 Q2: USD 698,141,873 · 4 holders · USD 84.00
- 2019 Q3: USD 594,581,681 · 4 holders · USD 71.52
- 2019 Q4: USD 741,445,730 · 4 holders · USD 89.28
- 2020 Q1: USD 530,283,711 · 4 holders · USD 63.52
- 2020 Q2: USD 415,713,524 · 3 holders · USD 54.64
- 2020 Q3: USD 210,054,859 · 3 holders · USD 49.84
- 2020 Q4: USD 679,623,265 · 4 holders · USD 86.40
- 2021 Q1: USD 1,239,174,695 · 4 holders · USD 105.04
- 2021 Q2: USD 1,689,566,827 · 4 holders · USD 107.68
- 2021 Q3: USD 2,178,151,436 · 4 holders · USD 103.03
- 2021 Q4: USD 2,102,801,992 · 4 holders · USD 94.47
- 2022 Q1: USD 1,557,905,160 · 4 holders · USD 91.50
- 2022 Q2: USD 825,718,009 · 4 holders · USD 63.69
- 2022 Q3: USD 1,058,245,697 · 4 holders · USD 61.91
- 2022 Q4: USD 1,005,090,282 · 4 holders · USD 83.79
- 2023 Q1: USD 3,723,201,975 · 5 holders · USD 95.60
- 2023 Q2: USD 6,233,605,003 · 6 holders · USD 109.85
- 2023 Q3: USD 6,585,178,648 · 7 holders · USD 110.55
- 2023 Q4: USD 7,616,587,010 · 8 holders · USD 127.63
- 2024 Q1: USD 13,271,064,737 · 13 holders · USD 175.53
- 2024 Q2: USD 11,409,474,703 · 9 holders · USD 158.97
- 2024 Q3: USD 13,392,061,499 · 9 holders · USD 188.58
- 2024 Q4: USD 11,560,509,523 · 9 holders · USD 166.79
- 2025 Q1: USD 13,924,988,056 · 9 holders · USD 200.15
- 2025 Q2: USD 16,460,919,325 · 9 holders · USD 257.39
- 2025 Q3: USD 17,795,190,767 · 9 holders · USD 300.82
- 2025 Q4: USD 17,824,026,135 · 9 holders · USD 308.03
- 2026 Q1: USD 15,127,563,408 · 11 holders · USD 283.77
- 2026 Q2: USD 20,012,627,000 · 10 holders · USD 373.73