
GE Vernova (GEV) Return on Invested Capital (ROIC)
Market Cap: $92.76B
Avg Volume: 4.01M
Industry: Renewable Utilities
Sector: Utilities
Return on Invested Capital (ROIC) Summary
GE Vernova's ROIC measures how effectively the company uses its invested capital to generate profits:
- Annual: 2.38%
- Quarterly: 2.96%
- TTM: 2.50%
What is ROIC?
Return on Invested Capital (ROIC) measures how effectively a company uses its capital from debt and equity to generate profits. ROIC is a useful metric for comparing the efficiency of capital allocation between different companies or across time periods within the same company. A higher ROIC indicates a more efficient use of capital.
Related Metrics
Other important metrics to assess GE Vernova's profitability include:
- ROE (Return on Equity) - measures the return generated on shareholders' equity:
- Annual: 16.26%
- Quarterly: 5.07%
- TTM: 16.74%
- ROA (Return on Assets) - measures the return generated on the company's assets:
- Annual: 3.01%
- Quarterly: 0.94%
- TTM: 3.01%
These metrics provide insights into GE Vernova's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
Annual ROIC
2.38%
Quarterly ROIC
2.96%
TTM ROIC
2.50%
GE Vernova Historical ROIC
Historical ROE
Historical ROA
GE Vernova Historical Profitability Metrics
The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2024.
Year | ROIC | ROE | ROA |
---|---|---|---|
2024 | 2.38% | 16.26% | 3.01% |
2023 | -21.31% | -5.91% | -0.95% |
2022 | -10.23% | -25.69% | -6.15% |
2021 | 0.00% | 0.00% | 0.00% |
Related Metrics
Explore detailed financial metrics and analysis for GEV.