GE Vernova Inc. financial data

Symbol
GEV on NYSE
Location
58 Charles Street, Cambridge, MA
State of incorporation
Delaware
Fiscal year end
December 31
Former names
GE Vernova LLC (to 3/13/2024)
Latest financial report
10-Q - Q2 2024 - Jul 24, 2024

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 275M shares
Common Stock, Shares, Outstanding 275M shares
Common Stock, Value, Issued 3M USD
Weighted Average Number of Shares Outstanding, Basic 274M shares 0%
Weighted Average Number of Shares Outstanding, Diluted 278M shares +1.46%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 8.2B USD +1.05%
Research and Development Expense 237M USD +9.72%
Operating Income (Loss) 527M USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.6B USD
Income Tax Expense (Benefit) 322M USD +164%
Net Income (Loss) Attributable to Parent 1.29B USD
Earnings Per Share, Basic 4.72 USD/shares
Earnings Per Share, Diluted 4.65 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Inventory, Net 9.35B USD
Other Assets, Current 463M USD
Assets, Current 30.7B USD
Deferred Income Tax Assets, Net 1.38B USD
Operating Lease, Right-of-Use Asset 649M USD
Intangible Assets, Net (Excluding Goodwill) 925M USD
Goodwill 4.35B USD
Other Assets, Noncurrent 2.48B USD
Assets 48.1B USD
Contract with Customer, Liability, Current 16.5B USD
Liabilities, Current 29.1B USD
Contract with Customer, Liability, Noncurrent 193M USD
Deferred Income Tax Liabilities, Net 674M USD
Other Liabilities, Noncurrent 5.04B USD
Liabilities 38B USD
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.03B USD
Retained Earnings (Accumulated Deficit) 1.29B USD
Stockholders' Equity Attributable to Parent 9.07B USD
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 10B USD -6.97%
Liabilities and Equity 48.1B USD

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -444M USD +35.7%
Net Cash Provided by (Used in) Financing Activities 1.93B USD +175%
Net Cash Provided by (Used in) Investing Activities -285M USD -595%
Common Stock, Shares Authorized 1B shares
Common Stock, Shares, Issued 275M shares
Common Stock, Par or Stated Value Per Share 0.01 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 1.17B USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 5.78B USD +257%
Operating Lease, Liability 693M USD
Depreciation 191M USD +12.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 930M USD
Property, Plant and Equipment, Gross 12.1B USD
Additional Paid in Capital 8.8B USD
Amortization of Intangible Assets 63M USD -7.35%
Share-based Payment Arrangement, Expense 54M USD