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GE Vernova (GEV) | Financial Analysis & Statements

GE Vernova Inc. | Large-cap | Industrials

$649.09

0.50%

GE Vernova vs Eaton GE Vernova vs Parker Hannifin GE Vernova vs Illinois Tool Works GE Vernova vs Emerson Electric GE Vernova vs Cummins GE Vernova vs S&P 500 | Market

TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 8.0B

Gross Profit 1.5B 18.30%

Operating Income 43.0M 0.54%

Net Income 264.0M 3.29%

EPS (Diluted) $0.91

Balance Sheet Metrics

Total Assets 51.6B

Total Liabilities 41.9B

Shareholders Equity 9.7B

Debt to Equity 4.33

Cash Flow Metrics

Operating Cash Flow 1.6B

Free Cash Flow 975.0M

Revenue & Profitability Trend

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This page uses interactive financial charts and dynamic data visualization tools that require JavaScript. For detailed financial analysis:

Available Financial Data:

Income statements (annual and quarterly)
Balance sheets with asset and liability details
Cash flow statements and free cash flow analysis
Key financial ratios and performance metrics
Peer comparison and industry benchmarking

All financial data is displayed in accessible table format below. Use the table headers and structure to analyze trends and compare metrics across different periods.

GE Vernova Income Statement From 2021 to 2024

Metric	2024	2023	2022	2021
Revenue i	34.9B	33.2B	29.7B	33.0B
Cost of Goods Sold i	28.8B	28.4B	26.2B	28.1B
Gross Profit i	6.1B	4.8B	3.5B	4.9B
Gross Margin % i	17.4%	14.5%	11.7%	15.0%
Operating Expenses
Research & Development i	982.0M	896.0M	979.0M	1.0B
Selling, General & Administrative i	4.6B	4.8B	5.4B	4.8B
Other Operating Expenses i	-	-	-	-
Total Operating Expenses i	5.6B	5.7B	6.3B	5.8B
Operating Income i	471.0M	-923.0M	-2.9B	-884.0M
Operating Margin % i	1.3%	-2.8%	-9.7%	-2.7%
Non-Operating Items
Interest Income i	186.0M	63.0M	42.0M	71.0M
Interest Expense i	-	98.0M	151.0M	172.0M
Other Non-Operating Income	1.8B	828.0M	516.0M	121.0M
Pre-tax Income i	2.5B	-130.0M	-2.5B	-864.0M
Income Tax i	939.0M	344.0M	248.0M	-140.0M
Effective Tax Rate % i	37.6%	0.0%	0.0%	0.0%
Net Income i	1.6B	-474.0M	-2.7B	-724.0M
Net Margin % i	4.5%	-1.4%	-9.2%	-2.2%
Key Metrics
EBITDA i	501.0M	748.0M	-595.0M	580.0M
EPS (Basic) i	$5.65	$-1.60	$-10.06	$-2.33
EPS (Diluted) i	$5.58	$-1.60	$-10.06	$-2.33
Basic Shares Outstanding i	275000000	274085523	272083576	272083576
Diluted Shares Outstanding i	275000000	274085523	272083576	272083576

Income Statement Trend

GE Vernova Balance Sheet From 2022 to 2024

Metric	2024	2023	2022
Assets
Current Assets
Cash & Equivalents i	8.2B	1.6B	2.1B
Short-term Investments i	-	-	-
Accounts Receivable i	6.3B	6.0B	6.5B
Inventory i	7.8B	7.2B	6.7B
Other Current Assets	97.0M	7.0M	-
Total Current Assets i	34.2B	27.4B	25.9B
Non-Current Assets
Property, Plant & Equipment i	4.6B	4.9B	4.7B
Goodwill i	9.3B	9.9B	9.5B
Intangible Assets i	812.0M	1.0B	1.2B
Long-term Investments	158.0M	118.0M	84.0M
Other Non-Current Assets	3.7B	3.3B	4.2B
Total Non-Current Assets i	17.3B	18.7B	18.6B
Total Assets i	51.5B	46.1B	44.5B
Liabilities
Current Liabilities
Accounts Payable i	4.9B	4.7B	4.2B
Short-term Debt i	223.0M	338.0M	296.0M
Current Portion of Long-term Debt	-	-	-
Other Current Liabilities	3.4B	3.7B	3.7B
Total Current Liabilities i	31.7B	29.3B	26.0B
Non-Current Liabilities
Long-term Debt i	820.0M	819.0M	848.0M
Deferred Tax Liabilities i	827.0M	382.0M	449.0M
Other Non-Current Liabilities	2.4B	2.4B	2.6B
Total Non-Current Liabilities i	9.2B	8.4B	6.8B
Total Liabilities i	40.9B	37.7B	32.9B
Equity
Common Stock i	3.0M	0	-
Retained Earnings i	1.6B	0	-
Treasury Stock i	43.0M	0	-
Other Equity	-	-	-
Total Shareholders Equity i	10.6B	8.4B	11.6B
Key Metrics
Total Debt i	1.0B	1.2B	1.1B
Working Capital i	2.5B	-1.9B	-141.0M

Balance Sheet Composition

GE Vernova Cash Flow Statement From 2021 to 2024

Metric	2024	2023	2022	2021
Operating Activities
Net Income i	1.6B	-474.0M	-2.7B	-724.0M
Depreciation & Amortization i	1.2B	964.0M	1.8B	1.2B
Stock-Based Compensation i	-	-	-	-
Working Capital Changes i	1.5B	1.2B	455.0M	-1.5B
Operating Cash Flow i	3.6B	2.2B	-11.0M	-1.4B
Investing Activities
Capital Expenditures i	-858.0M	-684.0M	-460.0M	-508.0M
Acquisitions i	943.0M	149.0M	-53.0M	-369.0M
Investment Purchases i	-	-	-	-
Investment Sales i	-	-	-	-
Investing Cash Flow i	-37.0M	-734.0M	-322.0M	-1.1B
Financing Activities
Share Repurchases i	-	-	-	-
Dividends Paid i	-	-	-	-
Debt Issuance i	-	-	-	-
Debt Repayment i	-	-	-	-
Financing Cash Flow i	3.7B	-408.0M	811.0M	2.0B
Free Cash Flow i	1.7B	442.0M	-627.0M	-2.2B
Net Change in Cash i	7.3B	1.0B	478.0M	-506.0M

Cash Flow Trend

GE Vernova Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 156.76

Forward P/E 93.83

Price to Book 19.85

Price to Sales 4.81

PEG Ratio 93.83

Profitability Ratios

Profit Margin 3.16%

Operating Margin 5.92%

Return on Equity 11.41%

Return on Assets 1.79%

Financial Health

Current Ratio 1.03

Debt to Equity 10.65

Per Share Data

EPS (TTM) $4.13

Book Value per Share $32.61

Revenue per Share $133.15

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
gev	176.2B	156.76	19.85	11.41%	3.16%	10.65
Eaton	141.3B	36.50	7.59	20.73%	15.10%	62.39
Parker Hannifin	93.0B	26.81	6.77	27.41%	17.79%	67.82
Illinois Tool Works	74.9B	22.58	23.34	109.02%	21.31%	278.33
Emerson Electric	74.7B	34.12	3.76	9.16%	14.92%	74.77
Cummins	53.3B	18.14	4.52	26.15%	8.72%	67.46

Financial data is updated regularly. All figures are in the company's reporting currency.