ge vernova inc. - GEV

GEV

Close Chg Chg %
356.28 8.02 2.25%

Open Market

364.30

+8.02 (2.25%)

Volume: 459.38K

Last Updated:

Feb 5, 2025, 9:48 AM EDT

Company Overview: ge vernova inc. - GEV

GEV Key Data

Open

$364.00

Day Range

361.00 - 368.79

52 Week Range

N/A - N/A

Market Cap

$99.71B

Shares Outstanding

275.65M

Public Float

275.54M

Beta

0.26

Rev. Per Employee

N/A

P/E Ratio

64.82

EPS

$5.65

Yield

6.91%

Dividend

$0.25

EX-DIVIDEND DATE

Dec 20, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

4.44M

 

GEV Performance

1 Week
 
-4.38%
 
1 Month
 
0.71%
 
3 Months
 
4.50%
 
1 Year
 
N/A
 
5 Years
 
N/A
 

GEV Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 30
Full Ratings ➔

About ge vernova inc. - GEV

GE Vernova, Inc. is a electric power industry. Its products and services generate, transfer, orchestrate, convert, and store electricity. The firm operates through the following segments: Power, Wind and Electrification. The Power segment includes design, manufacture, and servicing of gas, nuclear, hydro, and steam technologies, providing a critical foundation of dispatchable, flexible, stable, and reliable power. The Wind segment includes wind generation technologies, inclusive of onshore and offshore wind turbines and blades. The Electrification segment includes 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 founded November 09, 2021 and is headquartered in Cambridge, Massachusetts.

GEV At a Glance

GE Vernova, Inc.
58 Charles Street
Cambridge, Massachusetts 02141
Phone 1-617-674-7555 Revenue 34.94B
Industry Electrical Products Net Income 1.55B
Sector Producer Manufacturing 2024 Sales Growth 5.102%
Fiscal Year-end 12 / 2025 Employees N/A
View SEC Filings

GEV Valuation

P/E Current 64.823
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 58.948
Price to Sales Ratio 2.618
Price to Book Ratio 9.506
Price to Cash Flow Ratio 35.402
Enterprise Value to EBITDA N/A
Enterprise Value to Sales N/A
Total Debt to Enterprise Value N/A

GEV Efficiency

Revenue/Employee N/A
Income Per Employee N/A
Receivables Turnover 2.08
Total Asset Turnover 0.716

GEV Liquidity

Current Ratio 1.078
Quick Ratio 0.807
Cash Ratio 0.259

GEV Profitability

Gross Margin 17.418
Operating Margin 1.348
Pretax Margin 7.15
Net Margin 4.443
Return on Assets 3.18
Return on Equity 18.30
Return on Total Capital N/A
Return on Invested Capital N/A

GEV Capital Structure

Total Debt to Total Equity N/A
Total Debt to Total Capital N/A
Total Debt to Total Assets N/A
Long-Term Debt to Equity N/A
Long-Term Debt to Total Capital N/A
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Ge Vernova Inc. - GEV

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
33.01B 29.65B 33.24B 34.94B
Sales Growth
- -10.16% +12.09% +5.10%
Cost of Goods Sold (COGS) incl D&A
27.69B 26.00B 28.27B 28.85B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
1.18B 991.00M 964.00M 1.17B
Depreciation
767.00M 738.00M 724.00M 895.00M
Amortization of Intangibles
409.00M 253.00M 240.00M 277.00M
COGS Growth
- -6.10% +8.73% +2.04%
Gross Income
5.31B 3.65B 4.96B 6.08B
Gross Income Growth
- -31.31% +36.03% +22.56%
Gross Profit Margin
+16.10% +12.31% +14.94% +17.42%
2021 2022 2023 2024 5-year trend
SG&A Expense
5.69B 5.39B 5.45B 5.61B
Research & Development
1.01B 979.00M 896.00M 982.00M
Other SG&A
4.68B 4.41B 4.55B 4.63B
SGA Growth
- -5.25% +0.96% +3.10%
Other Operating Expense
- - - -
-
Unusual Expense
- 506.00M 1.14B 443.00M
EBIT after Unusual Expense
(884.00M) (2.88B) (923.00M) 471.00M
Non Operating Income/Expense
192.00M 558.00M 891.00M 1.91B
Non-Operating Interest Income
- 71.00M 42.00M 63.00M
Equity in Earnings of Affiliates
- (179.00M) 60.00M (64.00M)
Interest Expense
172.00M 151.00M 98.00M 120.00M
Interest Expense Growth
- -12.21% -35.10% +22.45%
Gross Interest Expense
172.00M 151.00M 98.00M 120.00M
Interest Capitalized
- - - -
-
Pretax Income
(864.00M) (2.47B) (130.00M) 2.50B
Pretax Income Growth
- -186.34% +94.75% +2,021.54%
Pretax Margin
-2.62% -8.34% -0.39% +7.15%
Income Tax
(140.00M) 248.00M 344.00M 939.00M
Income Tax - Current - Domestic
- - (2.00M) (184.00M)
-
Income Tax - Current - Foreign
- (12.00M) 426.00M 500.00M
Income Tax - Deferred - Domestic
- - - -
-
Income Tax - Deferred - Foreign
- (128.00M) (176.00M) 28.00M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- (179.00M) 60.00M (64.00M)
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(724.00M) (2.72B) (474.00M) 1.56B
Minority Interest Expense
(91.00M) 14.00M (36.00M) 7.00M
Net Income
(633.00M) (2.74B) (438.00M) 1.55B
Net Income Growth
- -332.23% +83.99% +454.34%
Net Margin Growth
-1.92% -9.23% -1.32% +4.44%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(633.00M) (2.74B) (438.00M) 1.55B
Preferred Dividends
- - - -
-
Net Income Available to Common
(633.00M) (2.74B) (438.00M) 1.55B
EPS (Basic)
-2.3265 -10.0557 -1.6098 5.6436
EPS (Basic) Growth
- -332.22% +83.99% +450.58%
Basic Shares Outstanding
272.08M 272.08M 272.08M 275.00M
EPS (Diluted)
-2.3265 -10.0557 -1.6098 5.58
EPS (Diluted) Growth
- -332.22% +83.99% +446.63%
Diluted Shares Outstanding
272.08M 272.08M 272.08M 278.00M
EBITDA
798.00M (752.00M) 484.00M 1.64B
EBITDA Growth
- -194.24% +164.36% +239.46%
EBITDA Margin
+2.42% -2.54% +1.46% +4.70%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 420.437
Number of Ratings 30 Current Quarters Estimate 0.438
FY Report Date 03 / 2025 Current Year's Estimate 6.58
Last Quarter’s Earnings 0.809 Median PE on CY Estimate N/A
Year Ago Earnings 0.555 Next Fiscal Year Estimate 10.818
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 14 14 22 22
Mean Estimate 0.44 1.40 6.58 10.82
High Estimates 1.08 1.71 8.69 13.48
Low Estimate 0.08 0.87 4.90 8.75
Coefficient of Variance 71.06 18.27 15.03 11.51

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 18 18 18
OVERWEIGHT 3 3 2
HOLD 8 8 6
UNDERWEIGHT 1 1 0
SELL 0 0 1
MEAN Overweight Overweight Overweight

Insider Actions for Ge Vernova Inc. - GEV

Date Name Shares Transaction Value
Jun 6, 2024 Kenneth Scott Parks Chief Financial Officer 14,161 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 6, 2024 Rachel A. Gonzalez General Counsel 14,161 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 6, 2024 Victor Abate Chief Executive Officer, Wind 14,161 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 6, 2024 Maria Victoria Zingoni Chief Executive Officer, Power 14,161 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 6, 2024 Matthew Joseph Potvin Chief Accounting Officer 7,081 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 6, 2024 Jessica Rodgers Uhl President 14,161 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 6, 2024 Steven Baert Chief People Officer 14,161 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 6, 2024 Scott L. Strazik Chief Executive Officer; Director 42,481 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 Steven Baert Chief People Officer 7,797 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 Rachel A. Gonzalez General Counsel 10,916 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 Victor Abate Chief Executive Officer, Wind 7,797 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 Kenneth Scott Parks Chief Financial Officer 10,916 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 Nicholas K. Akins Director 1,329 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 Martina T. Hund-Mejean Director 1,329 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 Jessica Rodgers Uhl President 11,695 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 Stephen F. Angel Director 1,329 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 Scott L. Strazik Chief Executive Officer; Director 29,628 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 Jesus Malave Director 1,329 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 Paula Rosput Reynolds Director 1,329 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2024 Kim K. W. Rucker Director 1,329 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Ge Vernova Inc. in the News