Other
Effective Income Tax Rate Reconciliation, Tax Credit, Other, Percent
GE Vernova Effective Income Tax Rate Reconciliation, Tax Credit, Other, Percent increased by 103.1% to 5.0% in Q4 2024 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionOther
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ4 2022
Last reportedQ4 2024Jan 29, 2026
How to read this metric
An increase signifies a greater reliance on or success in obtaining miscellaneous tax credits to lower the effective rate.
Detailed definition
This metric represents the percentage point reduction in the effective tax rate attributable to miscellaneous tax credit...
Peer comparison
Standard metric for comparing tax efficiency across peer companies.
Metric ID:
other_effective_income_tax_rate_reconciliation_tax_credi_e55475Historical Data
3 periods
| Q4 '22 | Q4 '23 | Q4 '24 | |
|---|---|---|---|
| Value | -7.6% | -160% | 5% |
| QoQ Change | — | <-999% | +103.1% |
| YoY Change | — | <-999% | +103.1% |
Range-160% – 5%
Avg YoY Growth-951.1%
Median YoY Growth-951.1%
Effective Income Tax Rate Reconciliation, Tax Credit, Other, Percent at Other Companies
Frequently Asked Questions
- What is GE Vernova's effective income tax rate reconciliation, tax credit, other, percent?
- GE Vernova (GEV) reported effective income tax rate reconciliation, tax credit, other, percent of 5.0% in Q4 2024.
- What does effective income tax rate reconciliation, tax credit, other, percent mean?
- The percentage reduction in the effective tax rate due to miscellaneous tax credits.