Saturday 17 October 2026
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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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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | — | — | — | 115.00 | 252.25 |
Analyst estimates 2026–2028 Powerpack |
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| 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.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
GE Vernova Inc. vs peers in Specialty Industrial Machinery (Q) = latest quarter vs a year earlier
| 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% |
GEV metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Shares outstanding
- Book value per share
- Revenue growth
- Beneish M-score
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.