What is GE Vernova's effect of cross-border tax laws?

GE Vernova (GEV) reported effect of cross-border tax laws of $20M in Q4 2024.

How has GE Vernova's effect of cross-border tax laws changed year-over-year?

GE Vernova's effect of cross-border tax laws increased by 196.4% year-over-year, from -$20.75M to $20M.

What is the long-term trend for GE Vernova's effect of cross-border tax laws?

Over 2 years (2022 to 2024), GE Vernova's effect of cross-border tax laws has grown at a 82.6% compound annual growth rate (CAGR), from -$24M to $80M.

What does effect of cross-border tax laws mean?

The effect of international trade and export tax incentives on the company's effective tax rate.

Other

Effect of cross-border tax laws

GE Vernova Effect of cross-border tax laws remained flat by 0.0% to $20M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 196.4%, from -$20.75M to $20M. Over 2 years (FY 2022 to FY 2024), Effect of cross-border tax laws shows an upward trend with a 82.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement

SectionOther

CategoryProfitability

SignalLower is better

VolatilityModerate

First reportedQ1 2022

Last reportedQ4 2024Jan 29, 2026

How to read this metric

A decrease indicates higher tax efficiency from international operations, while an increase suggests higher tax costs on global activities.

Detailed definition

This metric represents the impact of cross-border tax adjustments and export-related incentives on the company's effecti...

Peer comparison

Commonly reported by multinational industrial firms as part of their effective tax rate reconciliation.

Metric ID: other_effective_income_tax_rate_reconciliation_cross_bor_6c165e

Historical Data

3 years

	FY'22	FY'23	FY'24
Value	-$24M	-$83M	$80M
YoY Change	—	-245.8%	+196.4%

Range-$83M – $80M

CAGR+82.6%

Avg YoY Growth-24.7%

Median YoY Growth-24.7%

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Frequently Asked Questions

What is GE Vernova's effect of cross-border tax laws?: GE Vernova (GEV) reported effect of cross-border tax laws of $20M in Q4 2024.
How has GE Vernova's effect of cross-border tax laws changed year-over-year?: GE Vernova's effect of cross-border tax laws increased by 196.4% year-over-year, from -$20.75M to $20M.
What is the long-term trend for GE Vernova's effect of cross-border tax laws?: Over 2 years (2022 to 2024), GE Vernova's effect of cross-border tax laws has grown at a 82.6% compound annual growth rate (CAGR), from -$24M to $80M.
What does effect of cross-border tax laws mean?: The effect of international trade and export tax incentives on the company's effective tax rate.