Stocks · Technology · Electronic & Other Electrical Equipment (No Computer Equip)

GE Vernova

GEV Clue Score54
United States Fiscal year ends December CIK 0001996810
$1,004.73 +0.54% Close, 9 Oct 2026
Price $1,004.73 +58.41% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 27 Mar 2024. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2022Revenue29.65Operating income−2.88Net income−2.74EPS, diluted−10.00Fiscal year 2023Revenue33.24 +12.1%Operating income−0.92Net income−0.44EPS, diluted−1.60Fiscal year 2024Revenue34.94 +5.1%Operating income0.47Net income1.55EPS, diluted5.58Fiscal year 2025Revenue38.07 +9.0%Operating income1.39Net income4.88 +214.7%EPS, diluted17.69 +217.0%
FY2022FY2023FY2024FY2025
Revenue 29.65 33.24 34.94 38.07
Growth +12.1% +5.1% +9.0%
Operating income −2.88 −0.92 0.47 1.39
Net income −2.74 −0.44 1.55 4.88
Growth +214.7%
EPS, diluted −10.00 −1.60 5.58 17.69
Growth +217.0%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2022Gross margin11.7%Operating margin−9.7%Net margin−9.2%Free cash flow margin−2.1%Fiscal year 2023Gross margin14.5%Operating margin−2.8%Net margin−1.3%Free cash flow margin1.3%Fiscal year 2024Gross margin17.4%Operating margin1.3%Net margin4.4%Free cash flow margin4.9%Fiscal year 2025Gross margin19.8%Operating margin3.6%Net margin12.8%Free cash flow margin9.7%
FY2022FY2023FY2024FY2025
Gross margin 11.7% 14.5% 17.4% 19.8%
Operating margin −9.7% −2.8% 1.3% 3.6%
Net margin −9.2% −1.3% 4.4% 12.8%
Free cash flow margin −2.1% 1.3% 4.9% 9.7%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2022Operating cash flow−0.11Capital expenditure−0.51Free cash flow−0.63Fiscal year 2023Operating cash flow1.19Capital expenditure−0.74Free cash flow0.44Buybacks0.00Dividends paid0.00Fiscal year 2024Operating cash flow2.58Capital expenditure−0.88Free cash flow1.70 +284.6%Buybacks−0.04Dividends paid0.00Fiscal year 2025Operating cash flow4.99Capital expenditure−1.28Free cash flow3.71 +118.2%Buybacks−3.32Dividends paid−0.28
FY2022FY2023FY2024FY2025
Operating cash flow −0.11 1.19 2.58 4.99
Capital expenditure −0.51 −0.74 −0.88 −1.28
Free cash flow −0.63 0.44 1.70 3.71
Growth +284.6% +118.2%
Buybacks n/a 0.00 −0.04 −3.32
Dividends paid n/a 0.00 0.00 −0.28

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2022Cash2.07Shareholders’ equity11.61Fiscal year 2023Cash1.55Shareholders’ equity7.42Fiscal year 2024Cash8.21Shareholders’ equity9.55Fiscal year 2025Cash8.85Shareholders’ equity11.18
FY2022FY2023FY2024FY2025
Cash 2.07 1.55 8.21 8.85
Shareholders’ equity 11.61 7.42 9.55 11.18

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Cash flow

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Operations
−0.11 1.19 2.58 4.99
Growth +117.8% +93.1%
Investment
−0.51 −0.74 −0.88 −1.28
calc −0.63 0.44 1.70 3.71
Growth +284.6% +118.2%
calc −2.29 1.61 6.12 13.44
−0.32 −0.73 −0.04 −0.76
Financing
0.81 −0.41 3.65 −3.81
n/a 0.00 0.00 −0.28
n/a 0.00 −0.04 −3.32

Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative.