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NYSE · ELECTRONIC & OTHER ELECTRICAL EQUIPMENT (NO COMPUTER EQUIP) · LARGE CAP

GE Vernova Inc. GEV

4 fiscal years on record · USD · FY2025 reported · SEC filings only
$38.1B
▲ 9.0% YoY
$4.9B
▲ 214.7% YoY
$3.7B
▲ 118.2% YoY
In brief

What this company does

GE Vernova designs, manufactures, delivers, and services products and technologies that generate, transfer, orchestrate, convert, and store electricity. Its installed base generates approximately 25% of the world's electricity. The company has a global workforce of approximately 75,000 employees, with approximately 70% of them specializing in manufacturing, engineering, or services. It reports three business segments aligned with the nature of the equipment and services they provide: Power, Wind, and Electrification. The Power segment serves power generation, industrial, government, and other customers worldwide with products that harness resources such as natural gas, oil, diesel, water, and nuclear to produce electric power, including gas and steam turbines. In the Wind segment, the company engineers, manufactures, and commercializes wind turbines, including onshore and offshore wind turbines and blades. The Electrification segment provides products and services required for the transmission, distribution, conversion, storage, and orchestration of electricity from point of generation to point of consumption. On April 2, 2024, General Electric Company completed the spin-off of GE Vernova, which became an independent company.

Written from the business description in GE Vernova Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 29 January 2026. Every sentence was checked against that document before publication.

Growth
USD 38.1B
Revenue, FY2025 · full 4-year series below
Revenue $B Net income $B
FY2025 · Revenue 38.1 · Net income 4.9
20B2022202320242025
Compound annual growth
+8.7%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
13 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 3.6% · Net 12.8%
5%10%-5%2022202320242025
ROE
FY2025 · ROE 47.1%
20%40%-2%-4%2022202320242025

Each USD of equity produced 47 cents of profit this year.

Cash & shareholders
USD 3.5B
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 3.7
2.00B-0.25B-0.50B2022202320242025
Net buybacks $B Dividends $B
FY2025 · Dividends 0.3 · Net buybacks 3.3
2BDividendsNet buybacks202320242025

USD 275.0M in dividends and USD 3.3B in buybacks — 72% of the year's profit went back to shareholders.

Total assetsUSD 63.0B
EquityUSD 11.2B
CashUSD 8.8B
Gross debtUSD 63.0M
Net debtUSD -8.8B
Current ratio0.98×

The company holds more cash than debt.

The 4-year record
4 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 2025202420232022
Revenue $B38.134.933.229.7
Operating income $B1.40.5−0.9−2.9
EBITDA $B2.01.4−0.2−2.1
Income tax $B−2.10.90.30.2
Net income $B4.91.6−0.4−2.7
Free cash flow $B3.71.70.4−0.6
EPS, diluted $17.695.58−1.60−10.00
Dividend / sh $1.250.25··
Payout %60−0·
ROE %47.118.3−5.9·
Shares out B0.270.28··

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Compare

This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 18 reconciliationsAUDITED

Reconciled in 4 of 19 fiscal years. 77 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityElectronic & Other Electrical Equipment (No Computer Equip)
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2022

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