GE Vernova (GEV) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

GE Vernova

NYSE•Industrials•Specialty Industrial Machinery

$924.93-0.16(<0.01%)After hours

Market Cap

$252.01B

P/E

26.4x

P/S

6.1x

P/B

21.1x

GE Vernova Inc., an energy company, engages in the provision of various products and services that generate, transfer, orchestrate, convert, and store electricity in the United States, Europe, Asia, the Middle East, and Africa. The company operates through three segments: Power, Wind, and Electrification. The Power segment designs, manufactures, and services gas, nuclear, hydro, and steam technologies. It serves industrial, government, and other customers. The Wind segment offers wind generation technologies, including onshore and offshore wind turbines and blades. The Electrification segment provides grid solutions; power conversion; electrification software; and solar and storage solutions technologies required for the transmission, distribution, conversion, storage, and orchestration of electricity from point of generation to point of consumption. The company was incorporated in 2023 and is headquartered in Cambridge, Massachusetts.

How this company scores

ExcellentMetricSide Score: 82/100

Strongest: Cash & Earnings Quality (25/25); weakest: Balance Sheet & Red Flags (15/25).

Profitability19/25

Growth23/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality25/25

Strengths

Rising free cash flowHigh ROERising earningsInterest easily covered

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 26.4x5y range 23.5x – 124.5x

Currently below its 7-quarter median.

P/S · 6.1x5y range 2.4x – 6.1x

Currently above its 7-quarter median.

P/B · 21.1x5y range 5.2x – 21.1x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $252.01B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $41.37B
Q. Revenue: $11.10B
TTM EBITDA: $1.80B
TTM Op. Income: $1.80B
Q. Op. Income: $653.00M
TTM Net Income: $9.53B
Q. Net Income: $668.00M
EPS: $2.49
Shares Out.: $268.00M

$41.37B in TTM revenue grew 13.0% YoY, reaching $11.10B last quarter. TTM EBITDA of $1.80B and TTM operating income of $1.80B show growth is flowing through to the bottom line. TTM net income of $9.53B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 21.3%
EBITDA Margin: 5.9%
Op. Margin: 5.9%
Net Margin: 6.0%

Op. margin of 5.9% is up 1.7% YoY — cost efficiency is improving. Net margin at 6.0% and gross margin of 21.3% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 42% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 26.4x
P/S Ratio: 6.1x
P/B Ratio: 21.1x

At 26.4x P/E, the stock trades within typical market levels. P/S of 6.1x and P/B of 21.1x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 79% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $80.80B
Cash: $13.12B
Long-Term Debt: N/A
Book Value: $11.96B
D/E Ratio: N/A
Debt/EBITDA: 0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $5.49B
TTM Free Cash Flow: $12.44B
FCF Margin: 30.1%
FCF / Net Income: 1.3

TTM FCF of $12.44B on $5.49B in operating cash flow. The FCF / Net Income ratio of 1.3x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 3 consecutive quarters — an improving trend.