How Does GE Vernova (GEV) Make Money?

Price: $336.2
Market Cap: $92.76B
Avg Volume: 4.01M
Country: US
Industry: Renewable Utilities
Sector: Utilities
Beta: 0.8019874
52W Range: $119-447.5
Website: GE Vernova

Revenue Breakdown Overview

GE Vernova generates revenue through various business segments and geographic regions. Here's a comprehensive breakdown of how the company makes money:

Product & Service Revenue Segments

GE Vernova's revenue comes from the following main product/service categories (Total Revenue: $119.02B):

  • Product: $43.05B (36.2% of total)
  • Service: $75.98B (63.8% of total)

Geographic Revenue Distribution

The company's revenue is distributed across these geographic regions (Total Revenue: $55.19B):

  • Non-US: $20.26B (36.7% of total)
  • Asia: $4.70B (8.5% of total)
  • Middle East and Africa: $4.19B (7.6% of total)
  • Americas, Excluding U.S.: $3.04B (5.5% of total)
  • Europe: $8.32B (15.1% of total)
  • United States: $14.68B (26.6% of total)

Revenue by Product Segment (2024)

Product: $43.05B (36.2%)
Service: $75.98B (63.8%)
Product $43.05BService $75.98B

Revenue by Geographic Region (2024)

Non-US: $20.26B (36.7%)
Asia: $4.70B (8.5%)
Middle East and Africa: $4.19B (7.6%)
Americas, Excluding U.S.: $3.04B (5.5%)
Europe: $8.32B (15.1%)
United States: $14.68B (26.6%)
Non-US $20.26BAsia $4.70BMiddle East and Africa $4.19BAmericas, Excluding U.S. $3.04BEurope $8.32BUnited States $14.68B

Revenue Segments Over Time

Product
Service
$131.00B$131.00B$117.90B$117.90B$104.80B$104.80B$91.70B$91.70B$78.60B$78.60B$65.50B$65.50B$52.40B$52.40B$39.30B$39.30B$26.20B$26.20B$13.10B$13.10B$0.00$0.00$43.05B$75.98B$119.02B20242024

Historical Revenue by Product Segment

Year Total Revenue Product Service
2024 $34.94B $43.05B $75.98B

Geographic Revenue Over Time

Americas, Excluding U.S.
Asia
Europe
Middle East and Africa
Non-US
United States
$64.00B$64.00B$57.60B$57.60B$51.20B$51.20B$44.80B$44.80B$38.40B$38.40B$32.00B$32.00B$25.60B$25.60B$19.20B$19.20B$12.80B$12.80B$6.40B$6.40B$0.00$0.00$3.04B$4.70B$8.32B$4.19B$20.26B$14.68B$55.19B20242024

Historical Revenue by Geographic Region

Year Total Revenue Americas, Excluding U.S. Asia Europe Middle East and Africa Non-US United States
2024 $34.94B $3.04B $4.70B $8.32B $4.19B $20.26B $14.68B

Related Metrics

Explore detailed financial metrics and analysis for GEV.