(GEV) GE Vernova - Overview
Sector: Industrials | Industry: Specialty Industrial Machinery | Exchange: NYSE (USA) | Market Cap: 279.420m USD | Total Return: 126.9% in 12m
Avg Turnover: 2.56B
Qual. Beats: 2
Rev. Trend: 98.9%
Qual. Beats: 0
Warnings
Altman Z'' 0.19 < 1.0 - financial distress zone
Below Avwap Earnings
Tailwinds
Leader
GE Vernova Inc. (GEV) is a global energy technology company headquartered in Cambridge, Massachusetts, specializing in the generation, transmission, and management of electricity. The company operates through three primary business segments: Power, Wind, and Electrification. Its portfolio includes gas, nuclear, and hydro technologies, alongside onshore and offshore wind turbines and integrated grid software solutions.
The company functions as a pure-play energy transition entity, benefiting from the global shift toward decarbonization and grid modernization. In the power sector, gas and nuclear assets often serve as critical baseload power sources to complement the intermittent nature of renewable energy generated by wind and solar assets. This integrated model allows GEV to capture value across the entire electricity value chain, from initial generation to final consumption at the grid level.
Investors looking for deeper fundamental insights may find further analysis on ValueRay useful for their due diligence. GE Vernova was established as an independent entity in 2024 following its spin-off from General Electric, positioning it to focus exclusively on the scaling of sustainable energy infrastructure across diverse geographic markets including North America, Europe, and Asia.
- Expansion of global electrical grid infrastructure drives electrification segment revenue growth
- High-margin gas power service contracts provide stable long-term cash flow generation
- Offshore wind project execution risks and supply chain costs impact margins
- Increasing data center power demand accelerates orders for gas and nuclear technology
- Federal clean energy tax credits influence onshore wind equipment procurement volume
| Net Income: 9.38b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA 3.48 > 1.0 |
| NWC/Revenue: -17.34% < 20% (prev 1.70%; Δ -19.04% < -1%) |
| CFO/TA 0.12 > 3% & CFO 9.02b > Net Income 9.38b |
| Net Debt (-6.47b) to EBITDA (2.51b): -2.57 < 3 |
| Current Ratio: 0.86 > 1.5 & < 3 |
| Outstanding Shares: last quarter (272.0m) vs 12m ago -2.51% < -2% |
| Gross Margin: 19.93% > 18% (prev 0.18%; Δ 1.97k% > 0.5%) |
| Asset Turnover: 61.92% > 50% (prev 69.27%; Δ -7.35% > 0%) |
| Interest Coverage Ratio: 17.72 > 6 (EBITDA TTM 2.51b / Interest Expense TTM 86.0m) |
| A: -0.09 (Total Current Assets 41.3b - Total Current Liabilities 48.1b) / Total Assets 75.6b |
| B: 0.14 (Retained Earnings 10.8b / Total Assets 75.6b) |
| C: 0.02 (EBIT TTM 1.52b / Avg Total Assets 63.6b) |
| D: 0.15 (Book Value of Equity 9.19b / Total Liabilities 60.5b) |
| Altman-Z'' = 0.19 = B |
| DSRI: 1.08 (Receivables 19.2b/16.2b, Revenue 39.4b/35.7b) |
| GMI: 0.91 (GM 19.93% / 18.08%) |
| AQI: 1.42 (AQ_t 0.36 / AQ_t-1 0.25) |
| SGI: 1.10 (Revenue 39.4b / 35.7b) |
| TATA: 0.00 (NI 9.38b - CFO 9.02b) / TA 75.6b) |
| Beneish M = -2.72 (Cap -4..+1) = A |
As of May 24, 2026, the stock is trading at USD 1043.82 with a total of 1,425,884 shares traded.
Over the past week, the price has changed by -1.00%,
over one month by -7.88%,
over three months by +24.97% and
over the past year by +126.89%.
GE Vernova has received a consensus analysts rating of 4.19. Therefore, it is recommended to buy GEV.
- StrongBuy: 16
- Buy: 8
- Hold: 7
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 1217.2 | 16.6% |
P/E Forward = 37.1747
P/S = 7.1237
P/B = 20.1476
P/EG = 1.8034
Revenue TTM = 39.4b USD
EBIT TTM = 1.52b USD
EBITDA TTM = 2.51b USD
Long Term Debt = 2.81b USD (from longTermDebt, last quarter)
Short Term Debt = 51.0m USD (from shortTermDebt, last quarter)
Debt = 3.70b USD (from shortLongTermDebtTotal, last quarter) + Leases 844.0m
Net Debt = -6.47b USD (calculated: Debt 3.70b - CCE 10.2b)
Enterprise Value = 273b USD (279b + Debt 3.70b - CCE 10.2b)
Interest Coverage Ratio = 17.72 (Ebit TTM 1.52b / Interest Expense TTM 86.0m)
EV/FCF = 36.26x (Enterprise Value 273b / FCF TTM 7.53b)
FCF Yield = 2.76% (FCF TTM 7.53b / Enterprise Value 273b)
FCF Margin = 19.12% (FCF TTM 7.53b / Revenue TTM 39.4b)
Net Margin = 23.81% (Net Income TTM 9.38b / Revenue TTM 39.4b)
Gross Margin = 19.93% ((Revenue TTM 39.4b - Cost of Revenue TTM 31.5b) / Revenue TTM)
Gross Margin QoQ = 19.08% (prev 21.18%)
Tobins Q-Ratio = 3.61 (Enterprise Value 273b / Total Assets 75.6b)
Interest Expense / Debt = 2.32% (Interest Expense 86.0m / Debt 3.70b)
Taxrate = 6.94% (354.0m / 5.10b)
NOPAT = 1.42b (EBIT 1.52b * (1 - 6.94%))
Current Ratio = 0.86 (Total Current Assets 41.3b / Total Current Liabilities 48.1b)
Debt / Equity = 0.27 (Debt 3.70b / totalStockholderEquity, last quarter 13.9b)
Debt / EBITDA = -2.57 (Net Debt -6.47b / EBITDA 2.51b)
Debt / FCF = -0.86 (Net Debt -6.47b / FCF TTM 7.53b)
Total Stockholder Equity = 10.7b (last 4 quarters mean from totalStockholderEquity)
RoA = 14.74% (Net Income 9.38b / Total Assets 75.6b)
RoE = 87.98% (Net Income TTM 9.38b / Total Stockholder Equity 10.7b)
RoCE = 11.32% (EBIT 1.52b / Capital Employed (Equity 10.7b + L.T.Debt 2.81b))
RoIC = 5.17% (NOPAT 1.42b / Invested Capital 27.4b)
WACC = 11.64% (E(279b)/V(283b) * Re(11.77%) + D(3.70b)/V(283b) * Rd(2.32%) * (1-Tc(0.07)))
Discount Rate = 11.77% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 2.33 | Cagr: -0.01%
[DCF] Terminal Value 68.08% ; FCFF base≈5.85b ; Y1≈6.71b ; Y5≈9.87b
[DCF] Fair Price = 372.7 (EV 93.7b - Net Debt -6.47b = Equity 100b / Shares 268.7m; r=11.64% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 4.0 | # QB: 2
Revenue Correlation: 98.87 | Revenue CAGR: 7.02% | SUE: 0.25 | # QB: 0
EPS current Quarter (2026-06-30): EPS=3.13 | Chg30d=-9.93% | Revisions=-33% | Analysts=15
EPS next Quarter (2026-09-30): EPS=4.35 | Chg30d=+11.16% | Revisions=+29% | Analysts=14
EPS current Year (2026-12-31): EPS=30.96 | Chg30d=+110.29% | Revisions=+80% | GrowthEPS=+75.0% | GrowthRev=+19.5%
EPS next Year (2027-12-31): EPS=24.29 | Chg30d=+6.82% | Revisions=+63% | GrowthEPS=-21.5% | GrowthRev=+14.0%
[Analyst] Revisions Ratio: +80%