GE · Earnings call · 2026Q3T · Full report
Income Tax Rate Changes
GENERAL ELECTRIC CO · 2026-10-20 · Importance 36 · Surprise 24 · In source text
The third-quarter tax rate was roughly flat at approximately 15%, so tax-rate changes did not materially drive the quarter's EPS growth. For full-year 2026, management lowered its tax-rate outlook to approximately 16% from below 16.5%. The lower annual tax-rate assumption contributed to the increase in EPS guidance to $8.00–$8.10. The EPS increase also reflects higher operating profit and a reduced share count from previously announced capital-allocation actions.
Key facts
- GENERAL ELECTRIC CO expects a tax rate of around 16% for 2026, down from prior outlook of below 16.5%.
- GENERAL ELECTRIC CO said the tax rate was roughly flat at around 15% in the quarter.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | committed | — | GENERAL ELECTRIC CO expects a tax rate of around 16% for 2026, down from prior outlook of below 16.5%. |