GE Vernova Past Earnings Performance
Past criteria checks 2/6
GE Vernova has been growing earnings at an average annual rate of 85.1%, while the Electrical industry saw earnings growing at 15.6% annually. Revenues have been growing at an average rate of 2.7% per year. GE Vernova's return on equity is 12.2%, and it has net margins of 3.7%.
Key information
85.1%
Earnings growth rate
n/a
EPS growth rate
| Electrical Industry Growth | 9.9% |
| Revenue growth rate | 2.7% |
| Return on equity | 12.2% |
| Net Margin | 3.7% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
GEV: Room For Multiple Expansion
Nov 14The Strong Earnings Posted By GE Vernova (NYSE:GEV) Are A Good Indication Of The Strength Of The Business
Oct 31
GE Vernova Inc.'s (NYSE:GEV) Popularity With Investors Is Under Threat From Overpricing
Oct 24GE Aerospace: Shares Are Too Expensive As Earnings Near
Oct 16GE Vernova: At Risk Of Disruption From Declining Battery Prices
Oct 06GE Vernova: Full Power Ahead
Sep 17GE Vernova: Positive Macro Catalysts Are Likely To Boost The Stock
Aug 09Estimating The Intrinsic Value Of GE Vernova Inc. (NYSE:GEV)
Jun 27GE Vernova: Turnaround Made Easier By Increased Pricing Power
Jun 21GE Vernova: Optimism Has Grown Ahead Of Fundamentals
May 07GE Aerospace: Shares Have Flown Too High (Rating Downgrade)
Apr 23GE Aerospace: The Pure Turbofan Powerhouse To Propel Your Aerospace Portfolio
Apr 11Not Expecting Much From GE Vernova, Despite Rosy Expectations About The Future
Apr 03Revenue & Expenses Breakdown
How GE Vernova makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 34,422 | 1,265 | 4,757 | 972 |
| 30 Jun 24 | 33,761 | 1,191 | 4,263 | 952 |
| 31 Mar 24 | 33,677 | -253 | 4,566 | 931 |
| 31 Dec 23 | 33,239 | -438 | 4,501 | 896 |
| 31 Dec 22 | 29,654 | -2,736 | 4,414 | 979 |
| 31 Dec 21 | 33,006 | -633 | 4,684 | 1,008 |
Quality Earnings: GEV has a large one-off gain of $805.0M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: GEV became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GEV has become profitable over the past 5 years.
Accelerating Growth: GEV has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: GEV has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electrical industry (4.7%).
Return on Equity
High ROE: GEV's Return on Equity (12.2%) is considered low.