GEVNYSEElectronic & Other Electrical Equipment (No Computer Equip)Fiscal year ends December 31
GE Vernova Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 22, 2026
$908.44−12.76 (-1.39%)
Close on Oct 19, 2026
- Market cap
- $245.28B
- P/E (TTM)
- 26.0
- Dividend yield
- 0.14%
Margins
Share of revenue, fiscal years 2021 to 2025
Gross margin
19.8%
Operating margin
3.6%
Net margin
12.8%
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +9.0% | +8.7% | – | – | |
| Gross profit | +23.8% | +29.6% | – | – | |
| Operating income | +194.7% | – | – | – | |
| Net income | +214.7% | – | – | – | |
| EPS, diluted | +217.0% | – | – | – | |
| Free cash flow | +118.2% | – | – | – | |
| Dividend per share | +400.0% | – | – | – |
Returns and balance sheet
5 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2021 | FY2021 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | 47.1% | |
| Return on assets | – | – | 8.5% | |
| Current ratio | – | – | 0.98 | |
| Inventory turnover | – | – | 3.2× | |
| Capex to revenue | – | – | 3.4% | |
| Diluted shares | – | – | 276M |
Cash use needs five years of cash flow figures
GE Vernova does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin12.8%
×Asset turnover0.66×
×Equity multiplier5.53×
=Return on equity, FY202547.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 12.8% | 0.66× | 5.53× | 47.1% |
| FY2024 | 4.4% | 0.72× | 5.75× | 18.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$4.88B
- Cash generatingOperating cash flow above zero$4.99B
- Return on assets improvedROA up on the prior year3.4% → 9.5%
- Earnings backed by cashOperating cash flow above net income$4.99B vs $4.88B
- Less leverageLong-term debt to assets fell– → 0.4%
- Better liquidityCurrent ratio rose1.08 → 0.98
- No dilutionShare count did not rise278M → 276M
- Gross margin improvedGross margin up on the prior year17.42% → 19.79%
- More efficientAsset turnover rose0.76 → 0.74