GEV Stock Price & Financials - GE Vernova Inc.
$332.30 (-0.88%)| freeCashFlowPerShare | 6.182 |
| marketCap | 90,455,750,000 |
| peRatio | 58.283 |
| freeCashFlowYield | 0.019 |
| payoutRatio | 0 |
| roic | 0.024 |
| Price | 183.29 |
| VolAvg | 3,092,320 |
| MktCap | 50,368,464,079 |
| LastDiv | 0 |
| industry | Renewable Utilities |
Income Statement Financials
Balance Statement Financials
Cash Flow Statement Financials
| 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|
| fillingDate | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| calendarYear | 2,023 | 2,022 | 2,021 |
| period | FY | FY | FY |
| netIncome | -438,000,000 | -2,736,000,000 | -633,000,000 |
| depreciationAndAmortization | 964,000,000 | 991,000,000 | 1,176,000,000 |
| deferredIncomeTax | 342,000,000 | 157,000,000 | -349,000,000 |
| stockBasedCompensation | 0 | 0 | 0 |
| changeInWorkingCapital | 1,072,000,000 | 860,000,000 | -1,263,000,000 |
| accountsReceivables | -726,000,000 | -521,000,000 | -1,441,000,000 |
| inventory | -240,000,000 | -949,000,000 | 400,000,000 |
| accountsPayables | -663,000,000 | 643,000,000 | 63,000,000 |
| otherWorkingCapital | 2,701,000,000 | 1,687,000,000 | -285,000,000 |
| otherNonCashItems | 3,145,000,000 | 3,580,000,000 | 2,390,000,000 |
| netCashProvidedByOperatingActivites | 1,186,000,000 | -114,000,000 | -1,660,000,000 |
| investmentsInPropertyPlantAndEquipment | -744,000,000 | -513,000,000 | -577,000,000 |
| acquisitionsNet | 60,000,000 | 53,000,000 | 69,000,000 |
| purchasesOfInvestments | -83,000,000 | -393,000,000 | -545,000,000 |
| salesMaturitiesOfInvestments | 232,000,000 | 340,000,000 | 176,000,000 |
| otherInvestingActivites | -199,000,000 | 191,000,000 | -264,000,000 |
| netCashUsedForInvestingActivites | -734,000,000 | -322,000,000 | -1,141,000,000 |
| debtRepayment | -16,000,000 | -15,000,000 | -104,000,000 |
| commonStockIssued | 0 | 0 | 0 |
| commonStockRepurchased | 0 | 0 | 0 |
| dividendsPaid | 0 | 0 | 0 |
| otherFinancingActivites | -424,000,000 | 796,000,000 | 2,100,000,000 |
| netCashUsedProvidedByFinancingActivities | -408,000,000 | 811,000,000 | 1,996,000,000 |
| effectOfForexChangesOnCash | 22,000,000 | -87,000,000 | -66,000,000 |
| netChangeInCash | -516,000,000 | 267,000,000 | -871,000,000 |
| cashAtEndOfPeriod | 1,551,000,000 | 2,067,000,000 | 1,800,000,000 |
| cashAtBeginningOfPeriod | 2,067,000,000 | 1,800,000,000 | 2,671,000,000 |
| operatingCashFlow | 1,186,000,000 | -114,000,000 | -1,660,000,000 |
| capitalExpenditure | -744,000,000 | -513,000,000 | -577,000,000 |
| freeCashFlow | 442,000,000 | -627,000,000 | -2,237,000,000 |
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| finalLink |
GE Vernova Inc.
Description: 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.
Website:https://www.gevernova.com
Industry: Renewable Utilities
Sector: Utilities
CEO:
Full-Time Employees: 80000
Address: 58 Charles Street, Cambridge, MA, 02141, US
Phone: 617 674 7555
Currency: USD
CIK:
ISIN: US36828A1016
CUSIP:
Exchange: New York Stock Exchange
Exchange Short Name: NYSE
IPO Date: 2024-03-27
| Ticker | peRatio | enterpriseValueOverEBITDA | evToFreeCashFlow | roic | netCurrentAssetValue | bookValuePerShare | priceToSalesRatio | netIncomePerShare |
|---|---|---|---|---|---|---|---|---|
| GEV | 58.28 | 176.84 | 49.00 | 0.02 | -7,305,000,000.00 | 38.52 | 2.59 | 5.64 |
Analyst Estimates
Latest News
GE Vernova Jumps on AI Data Center Deal. Electricity Demand Promises Growth.
More electricity demand means more sales for GE Vernova. Investors are pleased.
NRG Energy, GE Vernova and Kiewit Accelerating New Generation Capacity to Support Demand Growth
HOUSTON--(BUSINESS WIRE)--NRG Energy Inc. (NYSE:NRG) today joined GE Vernova, Inc. (NYSE: GEV) and TIC – The Industrial Company (TIC), a subsidiary of Kiewit Corporation (Kiewit) in announcing a new venture aimed at rapidly bringing new electricity generation capacity to market in response to growing demand for computing power and generative AI (GenAI). This best-in-class, U.S.-based venture combines the strengths of a power generation and wholesale company/developer, original equipment manufac.
GE Vernova Stock Gets Buy Rating. Why Electricity Is 'Cool' Again.
Baird analyst Ben Kallo launched coverage of the shares with a $448 price target.
Here's Why GE Vernova Stock Soared in January
It's only February, but GE Vernova's (GEV 1.75%) stock has already had an exciting year. The share rose by 13.4% in January, according to S&P Global Market Intelligence data, but sold off at the end of the month due to the emergence of new artificial intelligence (AI) models from Chinese start-up DeepSeek.
GE Vernova Set to Invest $600M in US: Should You Buy the Stock or Let Go?
Investors interested in GEV should wait for a better entry point, considering its premium valuation and a downward revision in its near-term earnings estimate.
Here's Why Shares in GE Vernova Slumped This Week
Shares in GE Vernova (GEV 8.40%), a gas power, wind turbine, and electrification technology company, were down almost 9% this week, as of Friday morning. The move follows the release of Chinese start-up DeepSeek's latest artificial intelligence (AI) model.