GE Vernova Inc.
GEVUSGE Vernova Inc. is an energy enterprise primarily engaged in generating electricity. Its business activities are categorized into three main divisions: Power, Wind, and Electrification. The Power segment is responsible for producing and distributing electricity from various sources, including hydroelectric, natural gas, nuclear, and steam power. The Wind division concentrates on the fabrication and sale of wind turbine blades. Meanwhile, the Electrification segment offers an array of services such as grid infrastructure solutions, power conversion technologies, and both solar and energy storage systems. The company was established in 2023 and has its headquarters situated in Cambridge, Massachusetts.
Enterprise value over trailing (LTM) vs. forward (NTM) fundamentals. Click an LTM cell to chart it.
- Sector
- Industrial, Aerospace & Defense
- Sub-sector
- Electrical Equipment & Power Systems
- Listing
- GEV
- Country
- US
EV / LTM Revenue
Annual financials & analyst forecasts
| $M | CY2023 | CY2024 | CY2025 | CY2026E | CY2027E |
|---|---|---|---|---|---|
| Revenue YoY | — | 5% | 9% | 21% | 15% |
| Revenue | $33.24B | $34.93B | $38.08B | $46.08B | $52.78B |
| Gross Profit | $4.80B | $6.08B | $7.59B | — | — |
| Gross Profit Margin | 14.5% | 17.4% | 19.9% | — | — |
| EBITDA | $986M | $2.92B | $3.68B | $10.23B | $11.72B |
| EBITDA Margin | 3.0% | 8.4% | 9.7% | 22.2% | 22.2% |
| EBIT | ($1.02B) | $472M | $1.42B | $10.19B | $11.67B |
| Net Income | ($540M) | $1.55B | $4.88B | $8.34B | $6.66B |
| Free Cash Flow | $442M | $1.70B | $3.71B | — | — |
| FCF Margin | 1.3% | 4.9% | 9.7% | — | — |
| Short-Term Debt | $365M | $241M | $0M | — | — |
| Long-Term Debt | $535M | $572M | $0M | — | — |
| Cash & Cash Equivalents | $1.55B | $8.21B | $8.85B | — | — |
| Net Debt | ($651M) | ($7.39B) | ($8.85B) | — | — |
| Net Debt / EBITDA | -0.7x | -2.5x | -2.4x | — | — |
| Rule of 40 | — | 10.0% | 18.7% | — | — |