GE Vernova Inc. (GEV)
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.
- Symbol
- GEV
- Exchange
- NYSE
- Sector
- Industrials
- Industry
- Specialty Industrial Machinery
- Market cap
- $252.34B
- 52 week range
- 530.16 - 1195.94
Valuation
- Share price
- $951.82 (close of 2026-09-23)
- P/E (TTM)
- 26.88x
- Price to book
- 19.24x
- Price to free cash flow
- 20.29x
- Enterprise value
- $242.02B
- Book value per share
- $49.24
Price performance
| Period | Change |
|---|
| 1 day | +0.59% |
| 5 days | +7.82% |
| 1 month | -0.53% |
| 3 months | -8.03% |
| 6 months | +7.84% |
| Year to date | +45.63% |
| 1 year | +50.27% |
| All time | +625.19% |
Profitability and growth
- Return on equity
- 39.72%
- Return on invested capital
- 30.04%
- Return on assets
- 7.75%
- Return on capital employed
- 6.30%
- Gross margin
- 19.79%
- Net margin
- 12.83%
- EBITDA margin
- 5.26%
- Revenue growth
- 8.97%
- Net income growth
- 214.69%
- Free cash flow growth
- 118.24%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 4.93%
- Current ratio
- 0.85x
- Net debt to EBITDA
- -3.44x
Latest reported year
- Period end
- 2025-12-31
- Fiscal year
- 2025
- Revenue
- $38.07B
- Cost of revenue
- $30.53B
- Gross profit
- $7.54B
- EBITDA
- $2.00B
- Net income
- $4.88B
- Earnings per share
- $17.92
- Research and development
- $1.20B
- Shares outstanding
- 272.00M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2025-12-31 | $38.07B | $7.54B | $4.88B | $17.92 |
| 2024-12-31 | $34.94B | $6.08B | $1.55B | $5.65 |
| 2023-12-31 | $33.24B | $4.82B | $-438.00M | $-1.60 |
| 2022-12-31 | $29.65B | $3.46B | $-2.74B | $-10.00 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2025-12-31 | 19.79% | 12.83% | 39.72% | 30.04% |
| 2024-12-31 | 17.42% | 4.44% | 14.65% | 6.86% |
| 2023-12-31 | 14.50% | -1.32% | -5.23% | -11.56% |
| 2022-12-31 | 11.66% | -9.23% | -23.57% | -26.97% |
Cash and debt by year
| Period end | Cash |
|---|
| 2025-12-31 | $8.85B |
| 2024-12-31 | $8.21B |
| 2023-12-31 | $1.55B |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2025-12-31 | $3.71B | $257.00M |
| 2024-12-31 | $1.70B | $155.00M |
| 2023-12-31 | $442.00M | - |
| 2022-12-31 | $-627.00M | - |
Dividend history
- Most recent payment
- 2026-06-16
- Paid in the last twelve months
- $1.75
| Payment date | Dividend per share |
|---|
| 2026-06-16 | $0.50 |
| 2026-03-17 | $0.50 |
| 2026-01-05 | $0.50 |
| 2025-10-20 | $0.25 |
| 2025-07-21 | $0.25 |
| 2025-04-17 | $0.25 |
| 2024-12-20 | $0.25 |
Investor relations
Next earnings report
- Next confirmed report
- 2026-10-28
- Consensus EPS estimate
- $4.08
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-07-22 | Jun/2026 | $3.17 |
| 2026-04-22 | - | - |
| 2026-01-28 | - | - |
| 2025-10-22 | - | - |
| 2025-07-23 | - | - |
| 2025-04-23 | - | - |
| 2025-01-22 | - | - |
| 2024-10-23 | - | - |
Filings and sources
- Company website
- gevernova.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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