Other

Cross-border taxes

GE Vernova Cross-border taxes remained flat by 0.0% to 0.8% in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 95.0%, from 16.0% to 0.8%. Over 2 years (FY 2022 to FY 2024), Cross-border taxes shows an upward trend with a 78.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementCash Flow Statement
SectionOther
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ4 2024Jan 29, 2026

How to read this metric

Higher values indicate increased tax friction in international markets, while lower values suggest efficient global tax management.

Detailed definition

This metric represents the specific tax expense or benefit associated with cross-border activities that deviate from the...

Peer comparison

Comparable to international tax reconciliation line items in peer financial statements.

Metric ID: other_effective_income_tax_rate_reconciliation_cross_bor_6c167e

Historical Data

3 years
 FY'22FY'23FY'24
Value1%64%3.2%
YoY Change>999%-95.0%
Range1%64%
CAGR+78.9%
Avg YoY Growth>999%
Median YoY Growth>999%

Frequently Asked Questions

What is GE Vernova's cross-border taxes?
GE Vernova (GEV) reported cross-border taxes of 0.8% in Q4 2024.
How has GE Vernova's cross-border taxes changed year-over-year?
GE Vernova's cross-border taxes decreased by 95.0% year-over-year, from 16.0% to 0.8%.
What is the long-term trend for GE Vernova's cross-border taxes?
Over 2 years (2022 to 2024), GE Vernova's cross-border taxes has grown at a 78.9% compound annual growth rate (CAGR), from 1.0% to 3.2%.
What does cross-border taxes mean?
The tax reconciliation adjustment specifically for cross-border financial activities.