GE Vernova Inc. financial data

Symbol
GEV on NYSE
Industry
Electronic & Other Electrical Equipment (No Computer Equip)
Location
58 Charles Street, Cambridge, MA
State of incorporation
DE
Fiscal year end
December 31
Former names
GE Vernova LLC (to 3/13/2024)
Latest financial report
10-K - Q4 2024 - Feb 6, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 105 %
Quick Ratio 29.8 %
Debt-to-equity 424 %
Return On Equity 15.1 %
Return On Assets 3.13 %
Operating Margin 1.35 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 276M shares
Common Stock, Shares, Outstanding 276M shares
Entity Public Float 47.1B USD
Common Stock, Value, Issued 3M USD
Weighted Average Number of Shares Outstanding, Basic 275M shares +0.37%
Weighted Average Number of Shares Outstanding, Diluted 275M shares +0.37%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 34.9B USD +5.1%
Research and Development Expense 982M USD +9.6%
Operating Income (Loss) 471M USD +205%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 2.5B USD +240%
Income Tax Expense (Benefit) 939M USD +173%
Net Income (Loss) Attributable to Parent 1.55B USD +146%
Earnings Per Share, Basic -0.35 USD/shares +43.5%
Earnings Per Share, Diluted -0.35 USD/shares +43.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Inventory, Net 8.59B USD +4.05%
Other Assets, Current 562M USD +59.7%
Assets, Current 34.2B USD +24.5%
Deferred Income Tax Assets, Net 1.64B USD +3.6%
Operating Lease, Right-of-Use Asset 671M USD +0.45%
Intangible Assets, Net (Excluding Goodwill) 813M USD -22%
Goodwill 4.26B USD -3.92%
Other Assets, Noncurrent 2.76B USD +24%
Assets 51.5B USD +11.6%
Employee-related Liabilities, Current 1.82B USD +12.7%
Contract with Customer, Liability, Current 17.6B USD +16.7%
Liabilities, Current 31.7B USD +8.12%
Contract with Customer, Liability, Noncurrent 157M USD -9.25%
Deferred Income Tax Liabilities, Net 827M USD +116%
Operating Lease, Liability, Noncurrent 562M USD +7.05%
Other Liabilities, Noncurrent 5.12B USD +7.03%
Liabilities 40.9B USD +8.35%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.76B USD -177%
Retained Earnings (Accumulated Deficit) 1.61B USD
Stockholders' Equity Attributable to Parent 9.55B USD +28.7%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 10.6B USD +26.4%
Liabilities and Equity 51.5B USD +11.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -444M USD +35.7%
Net Cash Provided by (Used in) Financing Activities 1.93B USD +175%
Net Cash Provided by (Used in) Investing Activities -285M USD -595%
Common Stock, Shares Authorized 1B shares
Common Stock, Shares, Issued 275M shares
Common Stock, Par or Stated Value Per Share 0.01 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 1.17B USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 8.21B USD +429%
Deferred Tax Assets, Valuation Allowance 8.42B USD -13.3%
Deferred Tax Assets, Gross 10.3B USD -11.9%
Operating Lease, Liability 725M USD +0.98%
Depreciation 895M USD +23.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 428M USD +11.7%
Lessee, Operating Lease, Liability, to be Paid 850M USD
Property, Plant and Equipment, Gross 12.4B USD
Operating Lease, Liability, Current 163M USD -15.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 146M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 188M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 125M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 114M USD
Deferred Tax Assets, Operating Loss Carryforwards 5.72B USD -15.5%
Unrecognized Tax Benefits 452M USD -29.7%
Lessee, Operating Lease, Liability, to be Paid, Year Four 86M USD
Additional Paid in Capital 9.73B USD
Amortization of Intangible Assets 277M USD +15.4%
Deferred Tax Assets, Net of Valuation Allowance 1.92B USD -5.71%
Share-based Payment Arrangement, Expense 54M USD