GE Vernova Inc. (GEV) - Company Profile - 2026-06-19
Company Overview
GE Vernova Inc. is an energy infrastructure company headquartered in Cambridge, Massachusetts. The company was incorporated in 2023 and operates globally across the United States, Europe, Asia, the Middle East, and Africa. As of June 19, 2026, GE Vernova has a market capitalization of $298.21 billion and employs approximately 78,000 people. The company is publicly traded and serves industrial, government, and commercial customers through energy generation, transmission, distribution, and storage solutions.
Business and Operations
GE Vernova operates through three primary business segments:
Power — Designs, manufactures, and services electricity generation technologies using gas, nuclear, hydro, and steam sources. This segment serves industrial and government customers globally.
Wind — Develops wind energy systems, including onshore and offshore wind turbines and blade technology for power generation.
Electrification — Provides grid solutions, power conversion systems, electrification software, and solar and energy storage technologies. This segment addresses the complete electricity lifecycle from generation through transmission, distribution, conversion, storage, and orchestration to end-user consumption.
The company operates across a diversified geographic footprint. Trailing twelve-month revenue stands at $39.37 billion, with year-over-year revenue growth of 16.30 percent. Earnings have grown 18.16 percent year-over-year, and free cash flow totals $9.32 billion.
Fundamental Metrics
| Metric | Value |
|--------|-------|
| Market Capitalization | $298.21B |
| Enterprise Value | $259.10B |
| Trailing P/E | 32.46 |
| Forward P/E | 45.27 |
| Price-to-Book | 21.42 |
| Price-to-Sales | 7.57 |
| PEG Ratio | 1.92 |
| Profit Margin | 23.81% |
| Operating Margin | 5.46% |
| Return on Equity | 75.71% |
| Return on Assets | 2.38% |
| Debt-to-Equity | 24.93 |
| Current Ratio | 0.89 |
| Dividend Yield | 20.00% |
| Payout Ratio | 5.11% |
| Beta | 1.04 |
The current ratio of 0.89 indicates short-term liabilities exceed short-term assets. The debt-to-equity ratio of 24.93 reflects a capital structure heavily weighted toward debt financing relative to equity.
Share Structure and Ownership
GE Vernova has 268.72 million shares outstanding, with a float of 268.17 million shares. Insider holdings represent 0.10 percent of outstanding shares, while institutional investors hold 79.62 percent. The largest institutional shareholders include BlackRock Inc. (7.71 percent), FMR LLC (6.82 percent), Vanguard Capital Management LLC (6.52 percent), State Street Corporation (4.24 percent), and JPMorgan Chase & Co. (2.51 percent).
Short interest represents 3.42 percent of the float, with a short covering ratio of 3.77 days.
Trading Activity
The 30-day average daily volume is 2.77 million shares. The 90-day average daily volume is 2.59 million shares. These volume levels reflect moderate liquidity relative to the company's market capitalization and share count.
Recent Price Action
As of June 18, 2026, GE Vernova's stock closed at $1,109.73. Over the past month, the stock has appreciated 9.68 percent. The three-month return is 31.48 percent. Year-to-date, the stock has advanced 63.30 percent. Over the trailing twelve months, the stock has increased 127.89 percent.
The 52-week high is $1,181.95 and the 52-week low is $479.04. The current price represents a 6.11 percent decline from the 52-week high.
Strengths
- Revenue of $39.37 billion reflects substantial scale in global energy infrastructure markets.
- Year-over-year revenue growth of 16.30 percent and earnings growth of 18.16 percent indicate operating leverage, with earnings growth exceeding revenue growth.
- Profit margin of 23.81 percent demonstrates significant profitability relative to sales.
- Return on equity of 75.71 percent indicates high efficiency in generating earnings from shareholder capital.
- Free cash flow of $9.32 billion provides capital for operations, debt service, and shareholder returns.
- Three-segment structure across Power, Wind, and Electrification diversifies revenue sources across conventional generation, renewables, and grid infrastructure.
- Institutional ownership of 79.62 percent concentrated among major global asset managers indicates broad institutional participation.
- Positioning across multiple stages of the electricity value chain—generation, transmission, distribution, storage, and orchestration—addresses diverse customer infrastructure needs.
- Beta of 1.04 indicates systematic risk profile broadly aligned with overall market volatility.
Considerations
- Forward P/E of 45.27 significantly exceeds trailing P/E of 32.46, indicating market expectations of substantial near-term earnings changes.
- Price-to-sales of 7.57 represents market capitalization substantially higher than annual revenue; sustained growth required to support current valuation.
- Price-to-book of 21.42 reflects limited tangible asset value relative to market price.
- Current ratio of 0.89 indicates short-term liabilities exceed short-term assets; company depends on cash generation or refinancing to meet near-term obligations.
- Debt-to-equity of 24.93 represents highly leveraged capital structure; this degree of leverage amplifies both earnings volatility and financial risk.
- Operating margin of 5.46 percent is substantially lower than profit margin of 23.81 percent, indicating significant non-operating income or financial gains contributing to net profitability.
- Dividend yield of 20.00 percent exceeds long-term historical average equity dividend yields, raising questions regarding dividend sustainability relative to free cash flow.
- Company incorporation in 2023 means limited operating history as an independent, publicly traded entity.
- Revenue and earnings growth rates of 16.30 percent and 18.16 percent must be sustained to support forward valuation multiples.
Summary
GE Vernova Inc. is a diversified energy infrastructure company with $298.21 billion in market capitalization, $39.37 billion in trailing twelve-month revenue, and operations across Power, Wind, and Electrification segments serving global customers. The stock has appreciated 127.89 percent over the trailing twelve months and 63.30 percent year-to-date, with current pricing reflecting elevated forward earnings expectations. The company carries substantial financial leverage and generates meaningful free cash flow, with operational profile characterized by high profit margins but lower operating margins relative to net profitability.