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GE Vernova GEV Operating margin

Operating margin at other companies

Duke Energy logo
Duke EnergyDUK
27.2%+1.6pp
Entergy logo
EntergyETR
27.1%+8.4pp
Quanta Services logo
Quanta ServicesPWR
5.7%-0.1pp
Caterpillar logo
CaterpillarCAT
16.5%-2.7pp
PG&E logo
PG&EPCG
19.4%+1.4pp
CMS
CMS EnergyCMS
19.5%-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
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 operating margin?
GE Vernova (GEV) reported operating margin of 3.9% in Q1 2026.
How has GE Vernova's operating margin changed year-over-year?
GE Vernova's operating margin increased by 71.9% year-over-year, from 2.3% to 3.9%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.