GE Vernova LLC

GE Vernova LLC

GEV · NYSE · Industrials / Specialty Industrial Machinery

803.13USD-15.36 (-1.88%)

Price History

Full chart

Market Stats

Previous Close818.49
Open831.62
Day Range787.31 – 838.97
52-Week Range529.18 – 1,195.94
Volume2.97M
Market Cap217.06B
P/E (TTM)23.37
Forward P/E35.46
EPS34.88
Dividend Yield0.25%
Beta0.97
50-Day Avg949.53
200-Day Avg938.70

About

GE Vernova Inc., an energy company, engages in the provision of various products and services that generate, transfer, orchestrate, convert, and store electricity in the United States, Europe, Asia, the Middle East, and Africa. The company operates through three segments: Power, Wind, and Electrification. The Power segment designs, manufactures, and services gas, nuclear, hydro, and steam technologies. It serves industrial, government, and other customers. The Wind segment offers wind generation technologies, including onshore and offshore wind turbines and blades. The Electrification segment provides grid solutions; power conversion; electrification software; and solar and storage solutions technologies required for the transmission, distribution, conversion, storage, and orchestration of electricity from point of generation to point of consumption. The company was incorporated in 2023 and is headquartered in Cambridge, Massachusetts.

Company Details

  • SectorIndustrials
  • IndustrySpecialty Industrial Machinery
  • CEOMr. Scott L. Strazik
  • Employees78.00K
  • Headquarters58 Charles Street, Cambridge, MA, United States, 02141, USA
  • Websitehttps://www.gevernova.com

Leadership

  • Mr. Scott L. StrazikCEO, President & Director · b. 1979
  • Mr. Kenneth S. ParksChief Financial Officer · b. 1963
  • Mr. Steven BaertChief People Officer · b. 1974
  • Mr. Philippe PironChief Executive Officer of Electrification Systems · b. 1971
  • Mr. Pablo M. KozinerChief Commercial & Operations Officer · b. 1973
  • Matthew Joseph PotvinVP, Controller & Chief Accounting Officer
  • Mr. Michael Jay LapidesVice President of Investor Relations
  • Ms. Lola Felice Lin J.D.Chief Legal Officer & Secretary · b. 1976
  • Ms. Kristin CarvellChief Communications Officer & President of GE Vernova Foundation
  • Hon. Roger J. Martella Jr.Chief Corporate & Sustainability Officer

Financials

Income Statement

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue33.01B29.65B33.24B34.94B38.07B
Growth (%)--10.16%+12.09%+5.13%+8.94%
Cost of Revenue28.06B26.20B28.42B28.63B30.53B
Gross Profit4.95B3.46B4.82B6.31B7.54B
Gross Margin14.98%11.66%14.50%18.06%19.79%
Operating Expense5.83B6.34B5.74B5.52B6.15B
Operating Income-884.00M-2.88B-923.00M787.00M1.39B
Operating Margin-2.68%-9.72%-2.78%2.25%3.65%
EBITDA484.00M-526.00M932.00M3.67B3.68B
EBITDA Margin1.47%-1.77%2.80%10.50%9.67%
Net Income-633.00M-2.74B-438.00M1.55B4.88B
Net Income Margin-1.92%-9.23%-1.32%4.44%12.83%
R&D1.01B979.00M896.00M982.00M1.20B
R&D as % of Total Revenue3.05%3.30%2.70%2.81%3.14%
Interest Expense172.00M151.00M98.00M120.00M-
Interest Expense % of Total Revenue0.52%0.51%0.29%0.34%-

Balance Sheet

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-44.47B46.12B51.48B63.02B
Total Liabilities-32.86B37.74B40.89B50.72B
Total Equity-10.65B7.42B9.55B11.18B
Cash-2.07B1.55B8.21B8.85B
Total Debt-1.66B1.71B1.62B-
Net Debt--411.00M158.00M-6.58B-8.85B

Cash Flow

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-1.66B-114.00M1.19B2.58B4.99B
Investing Cash Flow-1.14B-322.00M-734.00M-37.00M-755.00M
Financing Cash Flow2.00B811.00M-408.00M3.65B-3.81B
Capital Expenditure577.00M513.00M744.00M883.00M1.28B
Free Cash Flow-2.24B-627.00M442.00M1.70B3.71B
Dividends Paid--00275.00M
FCF to OCF134.76%550.00%37.27%65.81%74.40%
Dividend Paid to FCF--0.00%0.00%7.41%

Earnings

Report DateFeb 28, 2024Apr 25, 2024Jul 24, 2024Oct 23, 2024Jan 22, 2025Apr 23, 2025Jul 23, 2025Oct 22, 2025Jan 28, 2026Apr 22, 2026Jul 22, 2026Oct 28, 2026
EPS Estimate0.00-0.220.740.262.370.611.641.863.141.673.174.03
EPS Actual1.70-0.411.02-0.351.330.911.861.6412.912.012.47-
Surprise--86.36%37.84%-234.62%-43.88%49.18%13.41%-11.83%311.15%20.36%-22.08%-
Timing-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap217.06B
Enterprise Value157.87B
Trailing P/E23.37
Forward P/E35.46
PEG Ratio1.71
Price / Sales5.25
Price / Book19.48
EPS34.88
Book Value44.90
Revenue (TTM)41.37B
Gross Profit (TTM)8.51B
EBITDA3.93B
Profit Margin23.04%
Operating Margin7.47%
Return on Equity82.58%
Return on Assets2.54%
Shares Outstanding266.33M
Shares Float265.78M
Beta0.97
Dividend Yield0.25%
Dividend Rate2.00
Payout Ratio10.51%

Analyst Ratings

Buy
Based on 38 analystsTarget 1,223.98
  • Strong Buy
    25
  • Buy
    6
  • Hold
    7

Ownership Breakdown

Institutions
81.55%
Insiders
0.13%
Retail / Other
18.32%

Top Institutional Holders

  • BlackRock Inc
    21.76M8.17%
  • Vanguard Capital Management, LLC
    17.55M6.59%
  • FMR Inc
    16.15M6.06%
  • State Street Corp
    11.77M4.42%
  • Geode Capital Management, LLC
    6.35M2.38%
  • JPMorgan Chase & Co
    6.25M2.35%
  • Morgan Stanley - Brokerage Accounts
    5.72M2.15%
  • Capital World Investors
    5.01M1.88%
  • Vanguard Portfolio Management, LLC
    4.72M1.77%
  • Fisher Asset Management, LLC
    3.56M1.34%
  • NORGES BANK
    3.42M1.28%
  • The Goldman Sachs Group Inc
    2.94M1.10%
  • Northern Trust Corp
    2.80M1.05%
  • T. Rowe Price Associates, Inc.
    2.72M1.02%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    8.45M3.17%
  • Vanguard 500 Index Investor
    6.99M2.63%
  • iShares Core S&P 500 ETF
    3.55M1.33%
  • Fidelity 500 Index
    3.49M1.31%
  • State Street® SPDR® S&P 500® ETF
    3.27M1.23%
  • Vanguard MStar Growth Index Investor
    2.85M1.07%

Dividends

20264×
0.50Oct 27, 20260.50Jun 16, 20260.50Mar 17, 20260.50Jan 5, 2026
20253×
0.25Oct 20, 20250.25Jul 21, 20250.25Apr 17, 2025
20241×
0.25Dec 20, 2024