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GE Vernova GEV Net margin

Net margin at other companies

Duke Energy logo
Duke EnergyDUK
15.7%+1.3pp
Entergy logo
EntergyETR
14.4%-0.4pp
Quanta Services logo
Quanta ServicesPWR
3.7%-0.1pp
Caterpillar logo
CaterpillarCAT
13.3%-2.4pp
PG&E logo
PG&EPCG
11.4%+1.6pp
CMS
CMS EnergyCMS
12.5%-0.6pp

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

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 net margin?
GE Vernova (GEV) reported net margin of 23.8% in Q1 2026.
How has GE Vernova's net margin changed year-over-year?
GE Vernova's net margin increased by 339.1% year-over-year, from 5.4% to 23.8%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.