Saturday 17 October 2026 Export GEV’s income statement to Excel — free account

GE Vernova Inc.

GEV Industrials Specialty Industrial Machinery

GE Vernova Inc.’s revenue for fiscal 2025 (year ended December 2025) was $38.1 billion, up 8.97% from fiscal 2024. In the quarter to June 2026, revenue grew 21.9%, EPS grew 31.8% and free cash flow grew 2,544.3%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for three consecutive years, operating cash flow growth for three.

919.61 6.83 −0.74%

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Market cap: $246.7B
P/E: 26.0×
Fwd P/E: 30.1×
Dividend yield: 0.24%
F-score: 7/9
Altman Z: 2.90
Beneish M: −2.29
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total sells 9.07

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	1	—	1	1	—	—	—	—

Insider Ownership 0.83%

Capital & Financial Ratios $m

Market Cap 246,740.00

Revenue 41,368.00

Net Income 9,521.00

Free Cash Flow 12,644.00

Net Debt (10,326.00)

Current Ratio 0.85

Debt/Equity 0.21

P/E ratio 26.01

Fwd P/E 30.10

P/S ratio 5.96

P/B ratio 18.79

Past 5Y EPS Growth —

This Y EPS Growth 71.67%

Next Y EPS Growth (19.57%)

Next Y revenue growth 21.69%

Next 5Y EPS Growth 25.01%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

Dividends

Payout Ratio 0.06

Annual Dividend Rate 2.25

Annual Dividend Yield 0.24%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	2.00	0.50 0.50 0.50 0.50
2025	0.98	0.25 0.25 0.25
2024	0.25	0.25
2023	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	1,551	8,205	8,848	13,120
Receivables	7,489	8,177	9,803	11,099
Inventory	8,253	8,587	10,429	12,692
Other	10,135	9,185	11,135	10,521
	27,428	34,153	40,216	47,433

	2023	2024	2025	Q'26
Payables	7,900	8,602	8,809	10,104
ST’ Debt	—	—	—	—
Other	20,874	23,083	32,163	45,726
	29,306	31,685	40,972	55,830

Compound Annual Growth %

	10y	5y	3y
Sales	—	—	8.68%
Cash Flow	—	—	0.00%
Earnings	—	—	0.00%
Book Value	—	—	1.94%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	9,339	11,104	—	—	—
’25	8,032	9,111	9,969	10,956	38,068
’24	7,260	8,204	8,913	10,558	34,935
’23	6,822	8,119	8,253	10,045	33,239
’22	—	—	—	—	29,654

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	5,188	5,492	—	—	—
’25	1,161	367	980	2,479	4,987
’24	(444)	979	1,127	921	2,583
’23	(690)	(288)	233	1,931	1,186
’22	—	—	—	(114)	(114)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	4,968	5,130	—	—	—
’25	1,009	194	732	1,814	3,749
’24	(657)	831	971	580	1,725
’23	(812)	(405)	62	1,657	502
’22	—	—	—	(574)	(574)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	17.44	2.47	—	—	—
’25	0.91	1.86	1.64	13.39	17.69
’24	(0.47)	4.65	(0.35)	1.73	5.58
’23	—	(0.54)	(0.68)	(0.51)	(1.73)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	—	—	—	115.00	252.25	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	—	—	—	357.09	731.00
People
People	Employees	—	—	—	—	—	—	—	80,000	75,000	75,000
	Revenue/emp, $m	—	—	—	—	—	0.00	0.00	0.42	0.47	0.51
Income, $m
Income, $m	Revenue	—	—	—	—	—	33,006	29,654	33,239	34,935	38,068
	Gross margin, %	—	—	—	—	—	14.98	11.66	14.50	17.42	19.79
	EBT	—	—	—	—	—	(864)	(2,474)	(130)	2,498	2,828
	EBT margin, %	—	—	—	—	—	(2.62)	(8.34)	(0.39)	7.15	7.43
	Net income	—	—	—	—	—	(724)	(2,722)	(474)	1,559	4,879
	Depreciation	—	—	—	—	—	1,176	1,797	964	1,172	853
Per share, $
Per share, $	Revenue	—	—	—	—	—	0.00	108.23	121.31	127.04	139.96
	Earnings	—	—	—	—	—	—	(9.93)	(1.73)	5.65	17.92
	Cash flow	—	—	—	—	—	0.00	(0.42)	4.33	9.39	18.33
	Capex	—	—	—	—	—	0.00	(1.68)	(2.50)	(3.12)	(4.55)
	Free cash flow	—	—	—	—	—	0.00	(2.09)	1.83	6.27	13.78
	Book value	—	—	—	—	—	0.00	42.36	30.58	38.52	45.21
	Shares, m	—	—	—	—	—	—	274	274	275	272
Valuation, ×
Valuation, ×	P/E	—	—	—	—	—	0.00	0.00	0.00	58.22	36.25
	P/S	—	—	—	—	—	1.08	1.08	1.08	2.59	4.67
	P/B	—	—	—	—	—	4.29	4.29	4.29	8.54	14.46
	EV/Sales	—	—	—	—	—	1.04	1.04	1.04	2.35	4.44
	EV/FCF	—	—	—	—	—	68.55	68.55	68.55	47.68	45.13
Cash, $m
Cash, $m	Operating cash flow	—	—	—	—	—	(1,660)	(114)	1,186	2,583	4,987
	Capex	—	—	—	—	—	(508)	(460)	(684)	(858)	(1,238)
	Free cash flow	—	—	—	—	—	(2,168)	(574)	502	1,725	3,749
Balance, $m
Balance, $m	Working capital	—	—	—	—	—	—	(141)	(1,878)	2,468	(756)
	Total debt	—	—	—	—	—	—	—	—	—	—
	Net debt	—	—	—	—	—	—	(2,067)	(1,551)	(8,205)	(8,848)
	Shareholders’ equity	—	—	—	—	—	—	11,607	8,380	10,593	12,296
Returns, %
Returns, %	ROA	—	—	—	—	—	0.00	(12.30)	(0.97)	3.18	8.53
	ROIC	—	—	—	—	—	0.00	(18.87)	(8.45)	12.33	25.18
	ROE	—	—	—	—	—	0.00	0.00	(4.38)	16.36	42.68

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
GEV GE Vernova Inc.	$246.7B	26.0×	30.1×	+21.87% (above 0%: growing)	+31.75% (above 0%: growing)	+2,544.33% (above 0%: growing)	21.26%	5.90%
ETN Eaton Corporation, PLC	$156.3B	39.7×	34.3×	+21.39% (above 0%: growing)	−16.27% (below 0%: shrinking)	+21.53% (above 0%: growing)	33.47%	16.32%	Compare
PH Parker-Hannifin Corporation	$121.3B	33.3×	28.8×	+9.77% (above 0%: growing)	+19.45% (above 0%: growing)	+17.22% (above 0%: growing)	39.04%	23.86%	Compare
EMR Emerson Electric Co.	$90.5B	35.3×	28.3×	+7.03% (above 0%: growing)	+23.08% (above 0%: growing)	+35.31% (above 0%: growing)	54.48%	26.92%	Compare
ITW Illinois Tool Works Inc.	$77.2B	24.6×	22.3×	+6.12% (above 0%: growing)	+10.47% (above 0%: growing)	+39.74% (above 0%: growing)	44.13%	26.67%	Compare
CMI Cummins Inc.	$73.3B	27.0×	23.2×	+9.42% (above 0%: growing)	+4.64% (above 0%: growing)	+125.63% (above 0%: growing)	26.07%	13.52%	Compare
AME AMETEK, Inc.	$57.0B	36.1×	31.3×	+14.98% (above 0%: growing)	+14.84% (above 0%: growing)	+36.95% (above 0%: growing)	35.95%	25.84%	Compare
ROK Rockwell Automation, Inc.	$46.9B	39.9×	36.1×	+7.88% (above 0%: growing)	+40.38% (above 0%: growing)	+33.74% (above 0%: growing)	49.46%	21.75%	Compare
IR Ingersoll Rand Inc.	$30.2B	31.7×	29.8×	+8.52% (above 0%: growing)	n/m	+28.33% (above 0%: growing)	42.10%	18.56%	Compare
Median of peers	$75.3B	34.3×	29.3×	+8.97%	+14.84%	+34.53%	40.57%	22.81%

All 76 Specialty Industrial Machinery stocks →

GE Vernova Inc. (GEV) key facts

Strength: GE Vernova Inc.’s revenue for fiscal 2025 (year ended December 2025) was $38.1 billion, up 8.97% from fiscal 2024.
GE Vernova Inc. (GEV) is a Specialty Industrial Machinery company in the Industrials sector, listed on the New York Stock Exchange.
As of October 16, 2026, GEV traded at $919.61, a market capitalization of $246.7 billion.
GE Vernova Inc. pays an annual dividend of $2.25 per share, a yield of 0.24%, with a payout ratio of 6.44%.
Return on equity was 42.7% and debt-to-equity 0.21.
Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 2.90 (grey zone) for fiscal 2025.