GE Vernova (GEV) Net Income

Price: $333.87
Market Cap: $92.11B
Avg Volume: 4.00M
Country: US
Industry: Renewable Utilities
Sector: Utilities
Beta: 0.8019874
52W Range: $119-447.5
Website: GE Vernova

What is GE Vernova's Net Income?

  • GE Vernova's annual net income as of FY 2024 is $1.55B.
  • GE Vernova's quarterly net income as of Q4 2024 is $484.00M.

What is Net Income?

Net income is the total profit of a company after all expenses and taxes have been deducted from revenue. It is also known as net profit or net earnings and is a key indicator of a company's financial performance and profitability.

Related Metrics

Other important metrics to assess GE Vernova's financial health include:

  • Net Income Growth - the rate at which a company's net income is growing:
    • Annual Growth: 454.34%
  • Net Income Ratio - net income divided by revenue:
    • Annual: 4.44%
    • Quarterly: 4.58%
  • Net Income Per Share - net income divided by the number of shares outstanding:
    • Annual: $5.64

These metrics provide insights into GE Vernova's financial health and its profitability. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Net Income

$1.55B

Quarterly Net Income

$484.00M

Historical Annual Net Income
$2.00B$2.00B$1.00B$1.00B$0.00$0.00-$1.00B-$1.00B-$2.00B-$2.00B-$3.00B-$3.00BNet Income (Annual)20222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025
Historical Quarterly Net Income
$1.60B$1.60B$1.20B$1.20B$800.00M$800.00M$400.00M$400.00M$0.00$0.00-$400.00M-$400.00MNet Income (Quarterly)Apr '23Apr '23Jun '23Jun '23Aug '23Aug '23Oct '23Oct '23Dec '23Dec '23Feb '24Feb '24Apr '24Apr '24Jun '24Jun '24Aug '24Aug '24Oct '24Oct '24Dec '24Dec '24
Annual Net Income Growth
600.00%600.00%400.00%400.00%200.00%200.00%0.00%0.00%-200.00%-200.00%-400.00%-400.00%Net Income Growth (%)20222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025
Annual Net Income Per Share
$8.00$8.00$4.00$4.00$0.00$0.00$-4.00$-4.00$-8.00$-8.00$-12.00$-12.00Net Income Per Share20222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025

GE Vernova Historical Net Income Metrics

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.

Year Net Income Net Income Growth Net Income Ratio Net Income Per Share
2024 $1.55B 454.34% 4.44% $5.64
2023 $-438.00M 83.99% -1.32% $-1.61
2022 $-2.74B -332.23% -9.23% $-10.06
2021 $-633.00M 0.00% -1.92% $-2.33