See more : Denison Mines Corp. (0URY.L) Income Statement Analysis – Financial Results
Complete financial analysis of GE Vernova Inc. (GEV) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of GE Vernova Inc., a leading company in the Renewable Utilities industry within the Utilities sector.
You may be interested
- EV Digital Invest AG (ENGL.F) Income Statement Analysis – Financial Results
- Sumitomo Densetsu Co.,Ltd. (1949.T) Income Statement Analysis – Financial Results
- Millennium Sustainable Ventures Corp. (MILC) Income Statement Analysis – Financial Results
- Tikun Olam-Cannbit Pharmaceuticals Ltd (TFSHF) Income Statement Analysis – Financial Results
- Green Block Mining Corp. (LNK.CN) Income Statement Analysis – Financial Results
GE Vernova Inc. (GEV)
About GE Vernova Inc.
GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions. The company was incorporated in 2023 and is based in Cambridge, Massachusetts.
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Revenue | 33.24B | 29.65B | 33.01B |
| Cost of Revenue | 28.27B | 26.00B | 27.69B |
| Gross Profit | 4.97B | 3.65B | 5.31B |
| Gross Profit Ratio | 14.94% | 12.31% | 16.10% |
| Research & Development | 896.00M | 979.00M | 1.01B |
| General & Administrative | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 |
| SG&A | 4.85B | 4.41B | 4.68B |
| Other Expenses | 0.00 | 387.00M | 396.00M |
| Operating Expenses | 5.89B | 5.39B | 5.69B |
| Cost & Expenses | 34.16B | 31.40B | 33.38B |
| Interest Income | 0.00 | 42.00M | 71.00M |
| Interest Expense | 71.00M | 151.00M | 172.00M |
| Depreciation & Amortization | 964.00M | 991.00M | 1.18B |
| EBITDA | 932.00M | -1.33B | 484.00M |
| EBITDA Ratio | 2.80% | -2.54% | 2.42% |
| Operating Income | -923.00M | -1.74B | -378.00M |
| Operating Income Ratio | -2.78% | -5.88% | -1.15% |
| Total Other Income/Expenses | 793.00M | 407.00M | 20.00M |
| Income Before Tax | -130.00M | -2.47B | -864.00M |
| Income Before Tax Ratio | -0.39% | -8.34% | -2.62% |
| Income Tax Expense | 344.00M | 248.00M | -140.00M |
| Net Income | -438.00M | -2.74B | -633.00M |
| Net Income Ratio | -1.32% | -9.23% | -1.92% |
| EPS | -1.98 | -10.06 | -2.33 |
| EPS Diluted | -1.98 | -10.06 | -2.33 |
| Weighted Avg Shares Out | 272.08M | 272.08M | 272.08M |
| Weighted Avg Shares Out (Dil) | 272.08M | 272.08M | 272.08M |
Cramer reviews the S&P 500's top ten performers during the third quarter
On Tuesday, CNBC's Jim Cramer told investors to remember the market's solid performance over the past quarter, suggesting things have broadened considerably beyond Big Tech. He reviewed the top performers on the S&P 500 over the past three months, including...
Get in on GE Vernova: Bank of America and Jefferies Are Bullish
GE Vernova GEV is a relatively new stock that has nearly doubled its value since it started trading in March. The stalwart American firm General Electric GE spun it off, and it is now a $70 billion industrial company.
GE Vernova: Here's why Jefferies' Julien Dumoulin-Smith is bullish on the stock
Julien Dumoulin-Smith, Jefferies analyst, joins ‘Fast Money' to discuss GE Vernova as the stock of the energy company is having a tremendous run this year.
GE Vernova Set For $2.5B Free Cash Flow By 2026 Amid Energy Transition Boom, Bullish Analyst Says
GE Vernova Inc. GEV shares are trading lower on Thursday. Truist Securities analyst Jordan Levy initiated coverage on the company with a Buy Rating and a price target of $300.
Get in on GE Vernova: Bank of America and Jefferies Are Bullish
GE Vernova NYSE: GEV is a relatively new stock that has nearly doubled its value since it started trading in March. The stalwart American firm General Electric NYSE: GE spun it off, and it is now a $70 billion industrial company.
GE Vernova (GEV) Outperforms Broader Market: What You Need to Know
In the most recent trading session, GE Vernova (GEV) closed at $255.48, indicating a +1.57% shift from the previous trading day.
Opportunity: Non-tech stock to hugely benefit from the AI boom
While investors are focused on technology stocks reaping from the booming artificial intelligence (AI) sector, a market strategist has identified an outsider equity likely to benefit from the AI wave.
GE Vernova Stock Looks Unstoppable. A Dividend Could Be Coming.
GE Vernova shares picked up another Buy rating on Tuesday. That's a positive for shares.
GE Vernova stock soared to a record high: brace for a pullback
GE Vernova (NYSE: GEV) stock price has done well as an independently traded company. It has surged for three consecutive weeks, reaching a record high of $254, which is about 122% above the lowest point this year.
GE Vernova plans 'leaner' offshore wind unit, will cut hundreds of jobs
Energy equipment maker GE Vernova said on Thursday it planned to slash the size of its struggling offshore wind business, a move that could cut 900 jobs around the world.
Source: https://incomestatements.info
Category: Stock Reports