GEV vs. NI: A Head-to-Head Stock Comparison

Updated on October 4, 2025

Here’s a clear look at GEV and NI, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

Symbol	GEV	NI
Company Name	GE Vernova Inc.	NiSource Inc.
Country	United States	United States
GICS Sector	Industrials	Utilities
GICS Industry	Electrical Equipment	Multi-Utilities
Market Capitalization	165.01 billion USD	20.28 billion USD
Exchange	NYSE	NYSE
Listing Date	March 27, 2024	February 21, 1973
Security Type	Common Stock	Common Stock

Historical Performance

This chart compares the performance of GEV and NI by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

GEV vs. NI: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	GEV	NI
5-Day Price Return	-2.24%	2.17%
13-Week Price Return	16.21%	7.34%
26-Week Price Return	93.55%	8.30%
52-Week Price Return	146.10%	25.95%
Month-to-Date Return	0.31%	2.44%
Year-to-Date Return	86.94%	17.79%
10-Day Avg. Volume	2.41M	5.47M
3-Month Avg. Volume	2.89M	4.31M
3-Month Volatility	45.18%	20.33%
Beta	1.60	0.63

Profitability

Return on Equity (TTM)

GEV

12.65%

Electrical Equipment Industry

Max: 35.67%
Q3: 23.64%
Median: 11.74%
Q1: 6.08%
Min: -4.39%

GEV’s Return on Equity of 12.65% is on par with the norm for the Electrical Equipment industry, indicating its profitability relative to shareholder equity is typical for the sector.

NI

10.19%

Multi-Utilities Industry

Max: 20.00%
Q3: 13.79%
Median: 9.45%
Q1: 7.88%
Min: 4.56%

NI’s Return on Equity of 10.19% is on par with the norm for the Multi-Utilities industry, indicating its profitability relative to shareholder equity is typical for the sector.

GEV vs. NI: A comparison of their Return on Equity (TTM) against their respective Electrical Equipment and Multi-Utilities industry benchmarks.

Net Profit Margin (TTM)

GEV

3.15%

Electrical Equipment Industry

Max: 20.60%
Q3: 10.26%
Median: 5.83%
Q1: 2.92%
Min: -0.75%

GEV’s Net Profit Margin of 3.15% is aligned with the median group of its peers in the Electrical Equipment industry. This indicates its ability to convert revenue into profit is typical for the sector.

NI

14.82%

Multi-Utilities Industry

Max: 23.49%
Q3: 14.79%
Median: 9.24%
Q1: 4.19%
Min: -1.05%

A Net Profit Margin of 14.82% places NI in the upper quartile for the Multi-Utilities industry, signifying strong profitability and more effective cost management than most of its peers.

GEV vs. NI: A comparison of their Net Profit Margin (TTM) against their respective Electrical Equipment and Multi-Utilities industry benchmarks.

Operating Profit Margin (TTM)

GEV

2.65%

Electrical Equipment Industry

Max: 26.24%
Q3: 14.53%
Median: 7.97%
Q1: 3.45%
Min: -5.64%

GEV’s Operating Profit Margin of 2.65% is in the lower quartile for the Electrical Equipment industry. This indicates weaker profitability from core operations, which may stem from inefficiencies or competitive pressures on pricing.

NI

27.71%

Multi-Utilities Industry

Max: 45.01%
Q3: 26.69%
Median: 19.18%
Q1: 7.66%
Min: -0.18%

An Operating Profit Margin of 27.71% places NI in the upper quartile for the Multi-Utilities industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.

GEV vs. NI: A comparison of their Operating Profit Margin (TTM) against their respective Electrical Equipment and Multi-Utilities industry benchmarks.

Profitability at a Glance

Symbol	GEV	NI
Return on Equity (TTM)	12.65%	10.19%
Return on Assets (TTM)	2.23%	2.73%
Net Profit Margin (TTM)	3.15%	14.82%
Operating Profit Margin (TTM)	2.65%	27.71%
Gross Profit Margin (TTM)	18.47%	40.62%

Financial Strength

Current Ratio (MRQ)

GEV

1.03

Electrical Equipment Industry

Max: 3.31
Q3: 2.09
Median: 1.48
Q1: 1.09
Min: 0.85

GEV’s Current Ratio of 1.03 falls into the lower quartile for the Electrical Equipment industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.

NI

0.59

Multi-Utilities Industry

Max: 1.35
Q3: 1.10
Median: 0.95
Q1: 0.82
Min: 0.48

NI’s Current Ratio of 0.59 falls into the lower quartile for the Multi-Utilities industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.

GEV vs. NI: A comparison of their Current Ratio (MRQ) against their respective Electrical Equipment and Multi-Utilities industry benchmarks.

Debt-to-Equity Ratio (MRQ)

GEV

0.00

Electrical Equipment Industry

Max: 1.57
Q3: 0.96
Median: 0.57
Q1: 0.30
Min: 0.00

Falling into the lower quartile for the Electrical Equipment industry, GEV’s Debt-to-Equity Ratio of 0.00 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.

NI

1.77

Multi-Utilities Industry

Max: 3.03
Q3: 2.00
Median: 1.55
Q1: 1.24
Min: 0.58

NI’s Debt-to-Equity Ratio of 1.77 is typical for the Multi-Utilities industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

GEV vs. NI: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Electrical Equipment and Multi-Utilities industry benchmarks.

Interest Coverage Ratio (TTM)

GEV

-0.05

Electrical Equipment Industry

Max: 44.15
Q3: 19.29
Median: 9.38
Q1: 0.98
Min: -19.47

GEV has a negative Interest Coverage Ratio of -0.05. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.

NI

3.01

Multi-Utilities Industry

Max: 9.98
Q3: 5.96
Median: 3.48
Q1: 2.74
Min: 0.59

NI’s Interest Coverage Ratio of 3.01 is positioned comfortably within the norm for the Multi-Utilities industry, indicating a standard and healthy capacity to cover its interest payments.

GEV vs. NI: A comparison of their Interest Coverage Ratio (TTM) against their respective Electrical Equipment and Multi-Utilities industry benchmarks.

Financial Strength at a Glance

Symbol	GEV	NI
Current Ratio (MRQ)	1.03	0.59
Quick Ratio (MRQ)	0.74	0.44
Debt-to-Equity Ratio (MRQ)	0.00	1.77
Interest Coverage Ratio (TTM)	-0.05	3.01

Growth

Revenue Growth

GEV vs. NI: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

GEV vs. NI: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

GEV

0.00%

Electrical Equipment Industry

Max: 3.04%
Q3: 1.58%
Median: 1.00%
Q1: 0.00%
Min: 0.00%

GEV currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

NI

2.49%

Multi-Utilities Industry

Max: 10.02%
Q3: 5.84%
Median: 4.22%
Q1: 2.96%
Min: 0.00%

NI’s Dividend Yield of 2.49% is in the lower quartile for the Multi-Utilities industry. This suggests the company’s strategy likely favors retaining earnings for growth over providing a high dividend income.

GEV vs. NI: A comparison of their Dividend Yield (TTM) against their respective Electrical Equipment and Multi-Utilities industry benchmarks.

Dividend Payout Ratio (TTM)

GEV

0.00%

Electrical Equipment Industry

Max: 165.68%
Q3: 71.84%
Median: 38.15%
Q1: 0.00%
Min: 0.00%

GEV has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

NI

57.22%

Multi-Utilities Industry

Max: 161.38%
Q3: 101.19%
Median: 73.21%
Q1: 58.41%
Min: 31.93%

NI’s Dividend Payout Ratio of 57.22% is in the lower quartile for the Multi-Utilities industry. This suggests a conservative dividend policy, with a strategic focus on reinvesting profits for future growth.

GEV vs. NI: A comparison of their Dividend Payout Ratio (TTM) against their respective Electrical Equipment and Multi-Utilities industry benchmarks.

Dividend at a Glance

Symbol	GEV	NI
Dividend Yield (TTM)	0.00%	2.49%
Dividend Payout Ratio (TTM)	0.00%	57.22%

Valuation

Price-to-Earnings Ratio (TTM)

GEV

142.86

Electrical Equipment Industry

Max: 65.02
Q3: 38.99
Median: 27.41
Q1: 19.88
Min: 8.37

At 142.86, GEV’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Electrical Equipment industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.

NI

23.01

Multi-Utilities Industry

Max: 27.93
Q3: 20.57
Median: 15.98
Q1: 9.34
Min: 5.25

A P/E Ratio of 23.01 places NI in the upper quartile for the Multi-Utilities industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.

GEV vs. NI: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Electrical Equipment and Multi-Utilities industry benchmarks.

Price-to-Sales Ratio (TTM)

GEV

4.51

Electrical Equipment Industry

Max: 7.01
Q3: 4.03
Median: 1.79
Q1: 1.10
Min: 0.47

GEV’s P/S Ratio of 4.51 is in the upper echelon for the Electrical Equipment industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

NI

3.41

Multi-Utilities Industry

Max: 5.00
Q3: 3.46
Median: 1.80
Q1: 0.46
Min: 0.26

NI’s P/S Ratio of 3.41 aligns with the market consensus for the Multi-Utilities industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

GEV vs. NI: A comparison of their Price-to-Sales Ratio (TTM) against their respective Electrical Equipment and Multi-Utilities industry benchmarks.

Price-to-Book Ratio (MRQ)

GEV

16.27

Electrical Equipment Industry

Max: 10.97
Q3: 5.57
Median: 3.50
Q1: 1.66
Min: 0.64

At 16.27, GEV’s P/B Ratio is at an extreme premium to the Electrical Equipment industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

NI

2.14

Multi-Utilities Industry

Max: 2.52
Q3: 2.12
Median: 1.55
Q1: 1.25
Min: 0.91

NI’s P/B Ratio of 2.14 is in the upper tier for the Multi-Utilities industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.

GEV vs. NI: A comparison of their Price-to-Book Ratio (MRQ) against their respective Electrical Equipment and Multi-Utilities industry benchmarks.

Valuation at a Glance

Symbol	GEV	NI
Price-to-Earnings Ratio (TTM)	142.86	23.01
Price-to-Sales Ratio (TTM)	4.51	3.41
Price-to-Book Ratio (MRQ)	16.27	2.14
Price-to-Free Cash Flow Ratio (TTM)	60.93	415.57