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GEV vs. NEE: GE Vernova vs. NextEra Energy Stock Comparison

How do GE Vernova (GEV) and NextEra Energy (NEE) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

GE Vernova (GEV) is classified in the Industrials sector (Capital Goods), whereas NextEra Energy (NEE) belongs to Utilities (Utilities) — their GICS classifications point to very different parts of the market.

NextEra Energy (NEE) carries decades of public-market history since February 21, 1973, while GE Vernova (GEV) listed on March 27, 2024 — long-window comparisons have far more historical data on the NEE side.

Company profile comparison for GE Vernova (GEV) and NextEra Energy (NEE)
Profile ItemGEVNEE
NameGE Vernova Inc.NextEra Energy Inc.
Country/RegionUnited StatesUnited States
GICS SectorIndustrialsUtilities
GICS Industry GroupCapital GoodsUtilities
GICS IndustryElectrical EquipmentElectric Utilities
GICS Sub-IndustryHeavy Electrical EquipmentElectric Utilities
Market Capitalization204.89 billion USD182.36 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateMarch 27, 2024February 21, 1973
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

GEV
NEE
GSPC
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GE Vernova (GEV) vs. NextEra Energy (NEE), with S&P 500 (GSPC) for reference: 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 NextEra Energy (NEE). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for GE Vernova (GEV) and NextEra Energy (NEE). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for GE Vernova (GEV) and NextEra Energy (NEE)
MetricGEVNEE
Total Return (1Y)44.63%7.27%
Total Return (3Y, Annualized)--20.47%
Total Return (5Y, Annualized)--3.34%

Risk Profile

Drawdown History

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

Return Distribution

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Distribution of monthly total returns for GE Vernova (GEV) and NextEra Energy (NEE). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for GE Vernova (GEV) and NextEra Energy (NEE)
MetricGEVNEE
Volatility (1Y, Annualized)55.54%21.60%
Beta (5Y)1.120.59
Max Drawdown (5Y)-38.29%-44.97%
Avg. Volume (3M)2.65M11.90M

Risk-Adjusted Performance

Risk-Return Positioning

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GEV and NEE are plotted by 1-year volatility (risk) and 1-year return. Each dashed Capital Allocation Line uses that stock's own industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for GE Vernova (GEV) and NextEra Energy (NEE)
MetricGEVNEE
Sharpe Ratio (1Y)0.730.14
Sortino Ratio (1Y)1.080.21

Profitability

ROE (TTM)

Both companies show strong equity returns, but GE Vernova (GEV) at 93.04% is the standout with ROE above its industry range; NextEra Energy (NEE) at 14.06% also sits in the top quartile.

GEV

Capital Goods industry group

93.04%

GEV
93.04%
Max
40.55%
Q3
19.29%
Median
12.12%
Q1
4.08%
Min
-17.12%

NEE

Utilities industry group

14.06%

Max
17.99%
NEE
14.06%
Q3
12.01%
Median
9.44%
Q1
7.56%
Min
2.17%
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GE Vernova (GEV) vs. NextEra Energy (NEE): A comparison of their ROE against their respective Capital Goods and Utilities industry group benchmarks.

Net Margin (TTM)

NextEra Energy (NEE) at 40.37% keeps the most of each sales dollar — above its industry’s net margin range — and GE Vernova (GEV) at 23.54% also retains a top-quartile share.

GEV

Capital Goods industry group

23.54%

Max
27.47%
GEV
23.54%
Q3
12.10%
Median
6.30%
Q1
1.40%
Min
-12.89%

NEE

Utilities industry group

40.37%

NEE
40.37%
Max
28.78%
Q3
17.30%
Median
12.73%
Q1
9.18%
Min
-0.20%
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GE Vernova (GEV) vs. NextEra Energy (NEE): A comparison of their net margin against their respective Capital Goods and Utilities industry group benchmarks.

Operating Margin (TTM)

NextEra Energy (NEE) at 33.00% operates in the top operating margin quartile, ahead of GE Vernova (GEV) at 12.77%, which runs around its industry’s norm.

GEV

Capital Goods industry group

12.77%

Max
36.60%
Q3
18.33%
GEV
12.77%
Median
11.12%
Q1
5.14%
Min
-12.63%

NEE

Utilities industry group

33.00%

Max
53.83%
NEE
33.00%
Q3
31.12%
Median
23.62%
Q1
15.45%
Min
-4.90%
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GE Vernova (GEV) vs. NextEra Energy (NEE): A comparison of their operating margin against their respective Capital Goods and Utilities industry group benchmarks.

Profitability Metrics

Profitability metrics for GE Vernova (GEV) and NextEra Energy (NEE)
MetricGEVNEE
ROE (TTM)93.04%14.06%
ROA (TTM)3.22%2.41%
Net Margin (TTM)23.54%40.37%
Operating Margin (TTM)12.77%33.00%
Gross Margin (TTM)21.79%60.17%

Growth

Revenue Growth

Both GE Vernova (GEV) at 8.97% and NextEra Energy (NEE) at 10.74% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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GE Vernova (GEV) vs. NextEra Energy (NEE): A comparison of their Revenue Growth across different time periods.

EPS Growth

GE Vernova (GEV) at 217.03% clears its industry range for EPS growth, a much stronger earnings trajectory than NextEra Energy (NEE) at -2.63%, which is closer to a typical peer reading.

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GE Vernova (GEV) vs. NextEra Energy (NEE): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for GE Vernova (GEV) and NextEra Energy (NEE)
MetricGEVNEE
Revenue Growth (YoY)8.97%10.74%
Revenue Growth (3Y CAGR)8.68%9.36%
EPS Growth (YoY)217.03%-2.63%
EPS Growth (3Y CAGR)--16.28%

Financial Strength

Current Ratio (MRQ)

Both GE Vernova (GEV) at 0.83 and NextEra Energy (NEE) at 0.53 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

GEV

Capital Goods industry group

0.83

Max
5.22
Q3
2.95
Median
2.08
Q1
1.43
GEV
0.83
Min
0.36

NEE

Utilities industry group

0.53

Max
1.90
Q3
1.17
Median
0.88
Q1
0.66
NEE
0.53
Min
0.29
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GE Vernova (GEV) vs. NextEra Energy (NEE): A comparison of their current ratio against their respective Capital Goods and Utilities industry group benchmarks.

Debt / Equity (MRQ)

Both GE Vernova (GEV) at 0.30 and NextEra Energy (NEE) at 1.53 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

GEV

Capital Goods industry group

0.30

Max
2.33
Q3
1.12
Median
0.60
GEV
0.30
Q1
0.29
Min
0.00

NEE

Utilities industry group

1.53

Max
2.63
Q3
1.77
NEE
1.53
Median
1.35
Q1
0.84
Min
0.00
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GE Vernova (GEV) vs. NextEra Energy (NEE): A comparison of their debt-to-equity ratio against their respective Capital Goods and Utilities industry group benchmarks.

Financial Strength Metrics

Financial strength metrics for GE Vernova (GEV) and NextEra Energy (NEE)
MetricGEVNEE
Current Ratio (MRQ)0.830.53
Debt / Equity (MRQ)0.301.53
Net Debt / EBITDA-2.508.09

Dividends

Dividend Yield (TTM)

Both GE Vernova (GEV) at 0.26% and NextEra Energy (NEE) at 2.76% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

GEV

Capital Goods industry group

0.26%

Max
2.66%
Q3
1.14%
GEV
0.26%
Median
0.24%
Q1
0.00%
Min
0.00%

NEE

Utilities industry group

2.76%

Max
6.66%
Q3
3.58%
Median
2.85%
NEE
2.76%
Q1
0.66%
Min
0.00%
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GE Vernova (GEV) vs. NextEra Energy (NEE): A comparison of their dividend yield against their respective Capital Goods and Utilities industry group benchmarks.

Dividend Payout Ratio (TTM)

Both GE Vernova (GEV) at 4.59% and NextEra Energy (NEE) at 43.89% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

GEV

Capital Goods industry group

4.59%

Max
67.39%
Q3
28.02%
Median
6.86%
GEV
4.59%
Q1
0.00%
Min
0.00%

NEE

Utilities industry group

43.89%

Max
113.04%
Q3
68.72%
Median
56.38%
NEE
43.89%
Q1
32.38%
Min
0.00%
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GE Vernova (GEV) vs. NextEra Energy (NEE): A comparison of their payout ratio against their respective Capital Goods and Utilities industry group benchmarks.

Dividend Metrics

Dividend metrics for GE Vernova (GEV) and NextEra Energy (NEE)
MetricGEVNEE
Dividend Yield (TTM)0.26%2.76%
Dividend Payout Ratio (TTM)4.59%43.89%

Valuation

P/E Ratio (TTM)

Both GE Vernova (GEV) at 20.32 and NextEra Energy (NEE) at 15.67 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

GEV

Capital Goods industry group

20.32

Max
59.38
Q3
35.92
Median
25.41
GEV
20.32
Q1
19.47
Min
3.03

NEE

Utilities industry group

15.67

Max
31.22
Q3
23.30
Median
19.64
NEE
15.67
Q1
15.17
Min
3.34
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GE Vernova (GEV) vs. NextEra Energy (NEE): A comparison of their P/E ratio against their respective Capital Goods and Utilities industry group benchmarks.

P/S Ratio (TTM)

Both GE Vernova (GEV) at 4.65 and NextEra Energy (NEE) at 6.33 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.

GEV

Capital Goods industry group

4.65

Max
7.54
GEV
4.65
Q3
3.76
Median
2.15
Q1
1.03
Min
0.03

NEE

Utilities industry group

6.33

Max
6.35
NEE
6.33
Q3
3.63
Median
2.63
Q1
1.52
Min
0.00
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GE Vernova (GEV) vs. NextEra Energy (NEE): A comparison of their P/S ratio against their respective Capital Goods and Utilities industry group benchmarks.

P/B Ratio (MRQ)

Both look rich against book: NextEra Energy (NEE) at 2.97 sits in the upper P/B ratio quartile, and GE Vernova (GEV) at 18.00 prices even higher, above its industry range.

GEV

Capital Goods industry group

18.00

GEV
18.00
Max
9.66
Q3
5.00
Median
3.12
Q1
1.81
Min
-1.08

NEE

Utilities industry group

2.97

Max
3.12
NEE
2.97
Q3
2.21
Median
1.83
Q1
1.46
Min
0.34
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GE Vernova (GEV) vs. NextEra Energy (NEE): A comparison of their P/B ratio against their respective Capital Goods and Utilities industry group benchmarks.

Valuation Metrics

Valuation metrics for GE Vernova (GEV) and NextEra Energy (NEE)
MetricGEVNEE
P/E Ratio (TTM)20.3215.67
P/S Ratio (TTM)4.656.33
P/B Ratio (MRQ)18.002.97
Free Cash Flow Yield (TTM)10.79%-11.63%