Value20242025TTMSelling/general/admin expenses4.63 B4.95 B5.06 BResearch & development982 M1.2 B1.26 BOperating income471 M1.39 B1.52 BNon-Operating Income, Total1.45 B880 M5.94 BInterest expense, net of interest capitalized———Non-Operating Income, excl. Interest Expenses81 M85 M505 MUnusual income/expense1.37 B795 M5.44 BPretax income2.5 B2.83 B7.6 BEquity in earnings53 M269 M274 MTaxes939 M-2.05 B-1.76 BNon-controlling/minority interest7 M-4 M-11 MAfter tax other income/expense———Net income before discontinued operations1.55 B4.88 B9.38 BDiscontinued operations———Net income1.55 B4.88 B9.38 BDilution adjustment———Preferred dividends———Diluted net income available to common stockholders1.55 B4.88 B9.38 BBasic earnings per share (Basic EPS)5.6517.9234.65Diluted earnings per share (Diluted EPS)5.5817.6934.22Average basic shares outstanding275 M272 M—Diluted shares outstanding278 M276 M—EBITDA912 M1.72 B1.84 BEBIT-260 M864 M667 MCost of revenue28.85 B30.53 B31.53 BOther cost of goods sold———Depreciation & amortization (cash flow)1.17 B853 M1.17 B
GE Vernova Inc. Common Stock
GE Vernova, Inc. is an energy equipment manufacturing and services company headquartered in Cambridge, Massachusetts. The company operates through three main segments: Power, which designs, manufactures, and services gas, nuclear, hydro, and steam technologies; Wind, which provides onshore and offshore wind turbines and blades; and Electrification, which offers grid solutions, power conversion, solar and storage solutions, and digital technologies for the transmission, distribution, and management of electricity.
GE Vernova was formed as part of the 2024 breakup of General Electric, which was founded in 1892 through the merger of Thomas Edison's Edison General Electric Company and Thomson-Houston Electric Company. In November 2021, GE announced plans to split into three independent public companies. GE HealthCare was spun off in January 2023, followed by the spin-off of GE's energy businesses in April 2024 to create GE Vernova from the merger of GE Power, GE Renewable Energy, GE Digital, and GE Energy Financial Services. The remaining aviation business became GE Aerospace.