GE Vernova (GEV) Stock Analysis

June 13, 2026

Here is a fundamental analysis of GE Vernova (GEV), benchmarking its profitability, financial strength, dividend and valuation against its industry group peers.

Performance

Cumulative Growth

GEV

GSPC

GE Vernova (GEV) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for GE Vernova (GEV) and S&P 500 (GSPC). Returns over one year are annualized.

Performance at a Glance

GE Vernova (GEV) metric values compared with Capital Goods industry-group medians
Metric	Current stock: GEV	Industry group median
1-Year Return	93.31%	25.11%

Risk

Drawdown

GEV

GSPC

GE Vernova (GEV) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Risk at a Glance

GE Vernova (GEV) metric values compared with Capital Goods industry-group medians
Metric	Current stock: GEV	Industry group median
1-Year Volatility	49.18%	41.58%
Beta	1.12	1.19

Company Profile

Company profile fields for GE Vernova (GEV)
Profile Item	GEV
Name	GE Vernova Inc.
Country/Region	United States
GICS Sector	Industrials
GICS Industry Group	Capital Goods
GICS Industry	Electrical Equipment
GICS Sub-Industry	Heavy Electrical Equipment
Market Capitalization	252.77 billion USD
Currency	USD
Exchange	NYSE
Listing Date	March 27, 2024
Security Type	Common Stock

Valuation

Price-to-Earnings Ratio (TTM)

GE Vernova (GEV) trades at P/E ratio of 27.47, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.

GEV

Capital Goods industry group

27.47

Group distribution

Max: 89.57
Q3: 49.59
Median: 32.68
GEV: 27.47
Q1: 22.67
Min: 6.05

Largest peers

BA: 86.92
CAT: 45.26
GE: 41.65
ETN: 38.30
RTX: 34.50
DE: 32.68
GEV: 27.47

Where GE Vernova (GEV) stands on P/E ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Price-to-Sales Ratio (TTM)

GE Vernova (GEV) trades at 6.42 on P/S ratio, in the higher sales-valuation quartile. Investors are paying up for each dollar of revenue, so stronger margins, growth, or revenue quality need to carry that price.

GEV

Capital Goods industry group

6.42

Group distribution

Max: 10.21
GEV: 6.42
Q3: 4.95
Median: 2.70
Q1: 1.31
Min: 0.05

Largest peers

GE: 7.25
GEV: 6.42
CAT: 5.93
ETN: 5.33
DE: 3.29
RTX: 2.73
BA: 1.87

Where GE Vernova (GEV) stands on P/S ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Price-to-Book Ratio (MRQ)

GE Vernova (GEV) trades at 18.16 on P/B ratio, above the industry benchmark range. Investors are putting an unusually rich price on each dollar of book equity relative to peers.

GEV

Capital Goods industry group

18.16

Group distribution

GEV: 18.16
Max: 14.00
Q3: 7.07
Median: 3.83
Q1: 2.13
Min: -4.80

Largest peers

BA: 28.86
CAT: 22.48
GE: 18.83
GEV: 18.16
ETN: 7.71
DE: 5.69
RTX: 3.73

Where GE Vernova (GEV) stands on P/B ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Valuation at a Glance

GE Vernova (GEV) metric values compared with Capital Goods industry-group medians
Metric	Current stock: GEV	Industry group median
Price-to-Earnings Ratio (TTM)	27.47	32.68
Price-to-Sales Ratio (TTM)	6.42	2.70
Price-to-Book Ratio (MRQ)	18.16	3.83
Free Cash Flow Yield	3.69%	2.07%

Profitability

Return on Equity (TTM)

GE Vernova (GEV) posts ROE of 75.71%, above the industry benchmark range. Equity is being turned into profit at an exceptional rate, but very high ROE should still be checked against leverage, buybacks, and the size of the equity base.

GEV

Capital Goods industry group

75.71%

Group distribution

GEV: 75.71%
Max: 46.13%
Q3: 20.05%
Median: 11.19%
Q1: 2.17%
Min: -23.78%

Largest peers

BA: 169.95%
GEV: 75.71%
CAT: 51.33%
GE: 45.43%
ETN: 20.85%
DE: 18.35%
RTX: 11.57%

Where GE Vernova (GEV) stands on ROE within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Net Profit Margin (TTM)

GE Vernova (GEV) keeps 23.81% of revenue as net profit, putting net margin in the upper peer quartile. After operating costs, interest, and taxes, more of each sales dollar reaches shareholders than it does at most industry peers.

GEV

Capital Goods industry group

23.81%

Group distribution

Max: 24.69%
GEV: 23.81%
Q3: 11.55%
Median: 5.77%
Q1: 0.30%
Min: -13.94%

Largest peers

GEV: 23.81%
GE: 17.86%
ETN: 13.99%
CAT: 13.33%
DE: 10.10%
RTX: 8.03%
BA: 2.46%

Where GE Vernova (GEV) stands on net margin within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Operating Profit Margin (TTM)

GE Vernova (GEV) turns 5.46% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.

GEV

Capital Goods industry group

5.46%

Group distribution

Max: 29.84%
Q3: 15.85%
Median: 8.19%
GEV: 5.46%
Q1: 1.80%
Min: -17.50%

Largest peers

GE: 20.21%
CAT: 18.18%
DE: 17.48%
ETN: 16.11%
RTX: 13.18%
GEV: 5.46%
BA: 1.72%

Where GE Vernova (GEV) stands on operating margin within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Profitability at a Glance

GE Vernova (GEV) metric values compared with Capital Goods industry-group medians
Metric	Current stock: GEV	Industry group median
Return on Equity (TTM)	75.71%	11.19%
Return on Assets (TTM)	2.38%	5.15%
Net Profit Margin (TTM)	23.81%	5.77%
Operating Profit Margin (TTM)	5.46%	8.19%
Gross Profit Margin (TTM)	20.28%	29.80%

Financial Strength

Current Ratio (MRQ)

GE Vernova (GEV) has current ratio of 0.89, in the tighter-liquidity quartile for its industry. The short-term cushion is thinner than most peers carry, even if the absolute comfort level still depends on the business model.

GEV

Capital Goods industry group

0.89

Group distribution

Max: 5.24
Q3: 2.98
Median: 2.12
Q1: 1.45
GEV: 0.89
Min: 0.71

Largest peers

DE: 2.21
CAT: 1.35
ETN: 1.19
BA: 1.18
RTX: 1.02
GE: 1.01
GEV: 0.89

Where GE Vernova (GEV) stands on current ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Debt-to-Equity Ratio (MRQ)

GE Vernova (GEV) has debt-to-equity ratio of 0.25, in the lower-leverage quartile for its industry. Borrowing is modest relative to equity compared with most peers, which can leave more flexibility through a cycle.

GEV

Capital Goods industry group

0.25

Group distribution

Max: 2.29
Q3: 1.08
Median: 0.62
Q1: 0.27
GEV: 0.25
Min: 0.00

Largest peers

BA: 8.29
DE: 3.76
CAT: 2.31
GE: 1.17
ETN: 1.10
RTX: 0.57
GEV: 0.25

Where GE Vernova (GEV) stands on debt-to-equity ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength at a Glance

GE Vernova (GEV) metric values compared with Capital Goods industry-group medians
Metric	Current stock: GEV	Industry group median
Current Ratio (MRQ)	0.89	2.12
Debt-to-Equity Ratio (MRQ)	0.25	0.62
Net Debt / EBITDA	-1.76	2.03

Dividends

Dividend Yield (TTM)

GE Vernova (GEV) has dividend yield of 0.21%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.

GEV

Capital Goods industry group

0.21%

Group distribution

Max: 2.69%
Q3: 1.09%
GEV: 0.21%
Median: 0.20%
Q1: 0.00%
Min: 0.00%

Largest peers

RTX: 1.51%
DE: 1.12%
ETN: 1.12%
CAT: 0.72%
GE: 0.56%
GEV: 0.21%
BA: 0.00%

Where GE Vernova (GEV) stands on dividend yield within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

GE Vernova (GEV) has payout ratio of 5.11%, within the industry’s typical payout band. The dividend shares profits with investors while leaving earnings coverage that looks normal for the peer group.

GEV

Capital Goods industry group

5.11%

Group distribution

Max: 72.02%
Q3: 29.49%
Median: 6.03%
GEV: 5.11%
Q1: 0.00%
Min: 0.00%

Largest peers

RTX: 51.03%
ETN: 41.29%
DE: 36.71%
CAT: 29.58%
GE: 19.25%
GEV: 5.11%
BA: 0.00%

Where GE Vernova (GEV) stands on payout ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Dividends at a Glance

GE Vernova (GEV) metric values compared with Capital Goods industry-group medians
Metric	Current stock: GEV	Industry group median
Dividend Yield (TTM)	0.21%	0.20%
Dividend Payout Ratio (TTM)	5.11%	6.03%