GE Vernova Inc. — Company Profile
GE Vernova Inc. is an energy enterprise primarily engaged in generating electricity. Its business activities are categorized into three main divisions: Power, Wind, and Electrification. The Power segment is responsible for producing and distributing electricity from various sources, including hydroelectric, natural gas, nuclear, and steam power. The Wind division concentrates on the fabrication and sale of wind turbine blades. Meanwhile, the Electrification segment offers an array of services such as grid infrastructure solutions, power conversion technologies, and both solar and energy storage systems. The company was established in 2023 and has its headquarters situated in Cambridge, Massachusetts.
- Sector
- Utilities
- Industry
- Renewable Utilities
- Exchange
- UN
- CEO
- Scott L. Strazik
- Headquarters
- Cambridge, MA, US
- IPO Date
- Mar 27, 2024
- Employees
- 78,000
- Website
- www.gevernova.com
Key Metrics
- Price
- $982.15
- Market Cap
- $261.58B
- Revenue (TTM)
- $9.34B
- Net Income (TTM)
- $4.75B
- EPS (TTM)
- 17.65
- P/E (TTM)
- 27.90
- P/B (TTM)
- 18.79
- Dividend Yield
- 18.07%
- ROE (TTM)
- 34.08%
- ROA (TTM)
- 6.28%
- Operating Margin
- 1.92%
- Beta
- 1.92
Dividends
- Last Dividend
- $0.50
- Last Yield
- 0.18%
Summary
GE Vernova Inc. is an energy enterprise primarily engaged in generating electricity. Its business activities are categorized into three main divisions: Power, Wind, and Electrification. The Power segment is responsible for producing and distributing electricity from various sources, including hydroelectric, natural gas, nuclear, and steam power. The Wind division concentrates on the fabrication and sale of wind turbine blades. Meanwhile, the Electrification segment offers an array of services such as grid infrastructure solutions, power conversion technologies, and both solar and energy storage systems. The company was established in 2023 and has its headquarters situated in Cambridge, Massachusetts.
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- … ion, services and systems leader. We supply GE Aerospace with high precision components that are used in jet turbine aircraft engines that are used on several commercial aircraft platforms. • General Electric Vernova (“<strong>GE Vernova</strong>”) — GE Vernova is a purpose-built global energy company that includes power, electrification and wind segments. We supply GE Vernova with precision components that are used in ground-based turbines for electrical power …AIR INDUSTRIES GROUPGE Vernova Inc.·S-4/A - REGISTRATION STATEMENT·Q4 26·22 Oct
- … n Indonesia also provided market support for the stock. Our Industrials holdings returned -13.2%, compared with -9.8% for the benchmark. Some of the Fund’s AI-infrastructure beneficiaries reversed trend in the quarter. <strong>GE Vernova</strong>, an energy equipment manufacturer, was down 19.2% and Vertiv Holdings, a provider of cooling technology, was down 27.9%, despite reporting strong earnings and backlogs. For the year to date, the stocks were up 45.7% and …ADAMS DIVERSIFIED EQUITY FUND, INC.GE Vernova Inc.·N-30B-2·Q3 26·21 Oct
- <strong>GE Vernova</strong>. On April 2, 2024, we completed the previously announced separation of GE Vernova. The separation was structured as a tax-free spin-off and was achieved through the Company's pro-rata distribution of all the outstanding shares of GE Vernova to holders of the Company's common stock. In connection with the GE Vernova separation, the historical results of GE Vernova and certain assets and liabilities included in the separation are reporte …GENERAL ELECTRIC COGE Vernova Inc.·10-Q - Quarterly report Q3·Q3 26·20 Oct
- … uing advanced reactor and SMR technologies based on different technical approaches. These include pressurized light-water reactor technologies, such as NuScale’s Power Module; boiling water reactor technologies, such as <strong>GE Vernova</strong> Hitachi’s BWRX-300; high-temperature gas-cooled reactor technologies, such as X-energy’s Xe-100, which uses TRISO fuel; and fast reactor technologies using alternative coolants and fuel-cycle approaches, such as TerraPo …newcleo plcGE Vernova Inc.·424B3 - Prospectus filing (Rule 424(b)(3))·Q4 26·16 Oct
- … rame Agreement On October 9, 2026, Venture Global LNG, Inc. (“VGLNG”), a direct wholly-owned subsidiary of Venture Global, Inc. (“Venture Global”, the “Company”, “we”, “us” or “our”) entered into a frame agreement with <strong>GE Vernova</strong> Operations LLC (“GE Vernova”) and Baker Hughes Energy Services LLC (“Baker Hughes”) for the supply of power generation equipment and associated materials for up to 16 power islands with certain scheduled delivery dates …Venture Global, Inc.GE Vernova Inc.·8-K - Entry into a Material Definitive Agreement·Q4 26·15 Oct
- Exhibit 99.1 Venture Global Secures New Agreements to Support Expansion of Existing Grid-Independent Power Network •Landmark Agreement with <strong>GE Vernova</strong> and Baker Hughes supports the development of over 10 GW of new Island-Mode power capacity across sites owned or controlled by Venture Global •Leverages existing team and execution capabilities to enable rapid deployment of adjacent, behind-the-wall, large-scale data centers with no reliance on t …Venture Global, Inc.GE Vernova Inc.·EX-99.1 - 8-K - Entry into a Material Definitive Agreement·Q4 26·15 Oct
