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

$918.20+55.95(0.06%)After hours

Market Cap

$246.39B

P/E

23.8x

P/S

5.6x

P/B

21.6x

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: 90/100

Strongest: Growth (25/25); weakest: Balance Sheet & Red Flags (19/25).

Profitability21/25

Growth25/25

Balance Sheet & Red Flags19/25

Cash & Earnings Quality25/25

Strengths

Growing revenueRising free cash flowHigh ROERising earnings

No red flags in the last 8 quarters.

Valuation vs. 5-year range

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

P/E · 23.8x5y range 23.5x – 124.5x

Currently below its 8-quarter median.

P/S · 5.6x5y range 2.4x – 7.1x

Currently near its 8-quarter median.

P/B · 21.6x5y range 5.2x – 24.7x

Currently above its 10-quarter median.

Price & Volume

Market Cap $246.39B

Metrics at a Glance

as of September 2026

Revenue & Profit

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

TTM Revenue: $44.04B
Q. Revenue: $12.64B
TTM EBITDA: $2.83B
TTM Op. Income: $2.83B
Q. Op. Income: $1.39B
TTM Net Income: $10.37B
Q. Net Income: $1.29B
EPS: $4.86
Shares Out.: $266.00M

$44.04B in TTM revenue grew 16.9% YoY, reaching $12.64B last quarter. TTM EBITDA of $2.83B and TTM operating income of $2.83B show growth is flowing through to the bottom line. TTM net income of $10.37B 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: 24.6%
EBITDA Margin: 11.0%
Op. Margin: 11.0%
Net Margin: 10.2%

Op. margin of 11.0% is up 7.4% YoY — cost efficiency is improving. Net margin at 10.2% and gross margin of 24.6% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

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

P/E Ratio: 23.8x
P/S Ratio: 5.6x
P/B Ratio: 21.6x

At 23.8x P/E, the stock trades within typical market levels. P/S of 5.6x and P/B of 21.6x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 75% — an improving trend.

Assets & Liabilities

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

Total Assets: $86.22B
Cash: $16.76B
Long-Term Debt: $2.79B
Book Value: $11.38B
D/E Ratio: 0.2
Debt/EBITDA: 2.0

With $86.22B in assets and $2.79B in long-term debt, D/E is 0.2and book value is $11.38B — a conservative capital structure with a cushion to weather downturns. Across the last 3 quarters, debt/equity has risen for 2 consecutive quarters — a weakening trend.

Cash Flow

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

Op. Cash Flow: $6.06B
TTM Free Cash Flow: $17.11B
FCF Margin: 38.9%
FCF / Net Income: 1.7

TTM FCF of $17.11B on $6.06B in operating cash flow. The FCF / Net Income ratio of 1.7x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 4 consecutive quarters — an improving trend.