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GE Vernova GEV Gross margin

Gross margin at other companies

Quanta Services logo
Quanta ServicesPWR
15.1%+0.1pp
Caterpillar logo
CaterpillarCAT
96.6%-4.4pp
MTZ
MasTecMTZ
12.8%-0.3pp
Curtiss-Wright logo
Curtiss-WrightCW
37.2%+0.1pp
Public Service Enterprise Group logo
Public Service Enterprise GroupPEG
65%-1.7pp
Cummins logo
CumminsCMI
25.4%+0.1pp

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

Returns & leverage

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Return on equity83.2%+61.2pp
Debt / equity0.1×0.0×
Current ratio0.9×-0.1×

Where this comes from

Calculated from GE Vernova’s reported figures.

Based on trailing twelve months.

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 gross margin?
GE Vernova (GEV) reported gross margin of 19.9% in Q1 2026.
How has GE Vernova's gross margin changed year-over-year?
GE Vernova's gross margin increased by 11.1% year-over-year, from 17.9% to 19.9%.
What is the long-term trend for GE Vernova's gross margin?
Over 2 years (2023 to 2025), GE Vernova's gross margin has grown at a 19.8% compound annual growth rate (CAGR), from 52.3% to 75.1%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.