Companies / Industrials
GEV
GE Vernova
Heavy Electrical Equipment
Heavy Electrical EquipmentAnalysis in progress
In progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health57
Growth54
Profitability32
Cash generation50
Balance sheet63
Dilution control83
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)26.8%Revenue growth (FY)9.0%Revenue CAGR (3y)8.7%Gross margin19.8%Operating margin3.6%Net margin12.8%Free cash flow margin9.7%R&D / revenue3.1%Stock comp / revenue0.7%Net debt / operating cash flow-1.76xCurrent ratio0.98Diluted share count change-0.7%
| Fiscal year ending | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|
| Revenue | $29.7B | $33.2B | $34.9B | $38.1B |
| Gross profit | $3.5B | $4.8B | $6.1B | $7.5B |
| Operating income | -$2.9B | -$923M | $471M | $1.4B |
| Net income | -$2.7B | -$438M | $1.6B | $4.9B |
| Operating cash flow | -$114M | $1.2B | $2.6B | $5.0B |
| Capital expenditure | $513M | $744M | $883M | $1.3B |
| Free cash flow | -$627M | $442M | $1.7B | $3.7B |
| R&D | $979M | $896M | $982M | $1.2B |
| Stock-based comp | — | — | $155M | $257M |
| Buybacks | — | $0 | $43M | $3.3B |
| Dividends | — | $0 | $0 | $275M |
| Cash | $2.1B | $1.6B | $8.2B | $8.8B |
| Total debt | — | $145M | $60M | $63M |
| Equity | $11.6B | $7.4B | $9.5B | $11.2B |
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