• GE Aerospace average debt/equity ratio for 2023 was 0.64, a 11.11% increase from 2022.
• GE Aerospace average debt/equity ratio for 2022 was 0.72, a 50.34% decline from 2021.
• GE Aerospace average debt/equity ratio for 2021 was 1.45, a 26.02% decline from 2020.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.