Discontinued — last reported Q4 '24
State and Local Income Taxes, Net
GE Vernova State and Local Income Taxes, Net remained flat by 0.0% to $0.00 in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 100.0%, from -$11.50M to $0.00. Over 2 years (FY 2022 to FY 2024), State and Local Income Taxes, Net shows an upward trend with a -100.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase indicates higher state-level tax burdens, potentially due to changes in operations or tax laws in specific regions.
Detailed definition
Represents the net expense incurred for state and local income taxes after accounting for the federal tax benefit of ded...
Peer comparison
Standard line item for US-based companies with significant domestic operations.
is_cat_state_and_local_income_taxes_netHistorical Data
| FY'22 | FY'23 | FY'24 | |
|---|---|---|---|
| Value | -31M | -46M | 0 |
| YoY Change | — | -48.4% | +100.0% |
State and Local Income Taxes, Net at Other Companies
Frequently Asked Questions
- What is GE Vernova's state and local income taxes, net?
- GE Vernova (GEV) reported state and local income taxes, net of $0.00 in Q4 2024.
- How has GE Vernova's state and local income taxes, net changed year-over-year?
- GE Vernova's state and local income taxes, net increased by 100.0% year-over-year, from -$11.50M to $0.00.
- What is the long-term trend for GE Vernova's state and local income taxes, net?
- Over 2 years (2022 to 2024), GE Vernova's state and local income taxes, net has grown at a -100.0% compound annual growth rate (CAGR), from -$31.00M to $0.02.
- What does state and local income taxes, net mean?
- The net cost of state and local income taxes after federal tax deductions.