About GE Vernova Inc.
GE Vernova Inc., an energy company, engages in the provision of various products and services that generate, transfer, orchestrate, convert, and store electricity in the United States, Europe, Asia, the Middle East, and Africa. The company operates through three segments: Power, Wind, and Electrification. The Power segment designs, manufactures, and services gas, nuclear, hydro, and steam technologies. It serves industrial, government, and other customers. The Wind segment offers wind generation technologies, including onshore and offshore wind turbines and blades. The Electrification segment provides 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 incorporated in 2023 and is headquartered in Cambridge, Massachusetts.
GE Vernova Inc. (GEV) is a Industrials company in the Specialty Industrial Machinery industry with a market capitalisation of $219.9B. The stock trades at 23.31x trailing earnings and yields 0.18%.
- Sector
- Industrials
- Industry
- Specialty Industrial Machinery
- Market cap
- $219.9B
- P/E ratio
- 23.31
- EPS (TTM)
- $17.69
- Revenue (TTM)
- $38.1B
- Free cash flow
- $3.7B
- Profit margin
- 12.8%
- Dividend yield
- 0.18%
- Shares outstanding
- 266.3M
Financial health: Strong7.5/10
7 strengths, 2 concerns. Weakest points: current ratio, gross margin.
- Debt to equity: 0.01 (Strong, benchmark < 0.5) — Debt of 0.01x equity is conservative against the 0.5x benchmark. It has improved over the last 3 years.
- Net debt vs cash flow: 0.0y (Strong, benchmark < 4 years) — Holds more cash than debt ($8.8B net cash).
- Current ratio: 0.98 (Concern, benchmark > 1.5) — Short-term assets cover only 0.98x short-term liabilities — below 1.0, meaning bills due this year exceed the assets on hand to pay them. It has been broadly flat over the last 3 years.
- Return on equity: 43.7% (Strong, benchmark > 15%) — Earns 43.7% on shareholder equity, comfortably past the > 15% mark.
- Gross margin: 19.8% (Concern, benchmark > 40%) — Keeps 19.8% of revenue after the direct cost of sales, well short of the > 40% mark.
- Net margin: 12.8% (Strong, benchmark > 10%) — Turns 12.8% of revenue into profit, comfortably past the > 10% mark.
- Free cash flow: $3.7B (Strong, benchmark positive) — Generated $3.7B of free cash flow after capital spending. It has improved over the last 4 years.
- Revenue growth: 9.0% (Watch, benchmark > 10%) — Revenue changed 9.0% year on year, short of the > 10% mark.
- Earnings growth: 214.7% (Strong, benchmark > 10%) — Earnings changed 214.7% year on year, comfortably past the > 10% mark.
- Payout ratio: 5.6% (Strong, benchmark < 60%) — Pays out 5.6% of earnings as dividends, leaving room to keep paying.