Is Siemens bigger than GE?

Whether Siemens is bigger than GE depends on how you measure size in 2026, as both are massive industrial conglomerates that have changed dramatically through divestitures. By revenue, Siemens is currently bigger than General Electric. Siemens, headquartered in Munich, Germany, has annual revenue of around 78 to 80 billion euros, with strong businesses in industrial automation, electrification, transportation, and healthcare through Siemens Healthineers. General Electric, after breaking up into three separate companies in 2024, is now much smaller as GE Aerospace, GE Vernova for energy, and GE HealthCare, each independent. The legacy GE that existed before the breakup had revenue similar to Siemens, but post breakup, the largest remaining piece, GE Aerospace, has revenue of around 35 billion dollars, smaller than Siemens. By market capitalization, Siemens is also larger than any individual GE spin-off, though combined GE companies approach Siemens value. By employees, Siemens has around 320,000 employees globally, while GE Aerospace has around 50,000. Historically, GE was larger than Siemens for most of the 20th century, but Siemens has maintained a more diversified industrial portfolio while GE shrank. So in 2026, Siemens is bigger than GE in revenue, employees, and overall industrial footprint.