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GE Vernova GEV Debt-to-equity

Debt-to-equity at other companies

Duke Energy logo
Duke EnergyDUK
1.6×0.0×
Entergy logo
EntergyETR
1.9×-0.1×
Xcel Energy logo
Xcel EnergyXEL
1.6×0.0×
Quanta Services logo
Quanta ServicesPWR
0.7×+0.1×
Caterpillar logo
CaterpillarCAT
1.7×+0.1×
PG&E logo
PG&EPCG
1.9×+0.1×

Other financials

Income statement

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Revenue$9.3B+16.3%
Gross profit$1.8B+21.2%
Operating income$179.0M+316%
Net income$4.7B+1,768%
EPS (diluted)$17.44+1,816%

Balance sheet

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Cash & equivalents$10.2B+25.5%
Total debt$1.2B+18.6%
Total equity$13.9B+61.8%
Total assets$75.6B+46.7%

Cash flow

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Operating cash flow$5.2B+347%
CapEx$397.0M+113%
Free cash flow$4.8B+391%

Valuation

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Market cap$281.85B+182%
Enterprise value$272.88B+196%
P/E30.1×-21.6×
P/S7.2×+4.4×

Profitability

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Gross margin19.9%+2.0pp
Operating margin3.9%+1.6pp
Net margin23.8%+18.4pp

Returns & leverage

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Return on equity83.2%+61.2pp
Current ratio0.9×-0.1×

Where this comes from

Calculated from GE Vernova’s reported figures.

Based on the most recent quarter.

The official record: GE Vernova’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is GE Vernova's debt-to-equity?
GE Vernova (GEV) reported debt-to-equity of 0.1× in Q1 2026.
How has GE Vernova's debt-to-equity changed year-over-year?
GE Vernova's debt-to-equity decreased by 26.7% year-over-year, from 0.1× to 0.1×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.