GE Vernova (GEV)
GE Vernova is a global energy powerhouse that builds the massive turbines and grid technology needed to generate and distribute electricity.
Is GE Vernova a good stock for a UK beginner?
The honest version: There's no rating here and nothing for sale. In its favour: Essential role in the global energy transition. Worth weighing: High valuation multiples compared to some industrial peers.
Is this normal for this company?
Each figure against the range this same company has produced recently. Neither end of a range is the good end.
Share price divided by the earnings actually reported over the four most recent quarters. The range is the same calculation at each of this company's last few results, so roughly the past year.
Profit as a share of sales, from the company's own quarterly statements. The range covers the 5 quarters we hold, and the figure shown is its most recent one.
How these ranges are built
Every number here is the company's own reported figure, not a comparison with other companies. The ranges come from this company's own results and its share price. Where it reports in a different currency from the one its shares trade in, the price-to-earnings range is left out rather than mixing the two.
What does GE Vernova do?
Born from the split of the historic General Electric, this company focuses on the 'electrification' of the world, making everything from wind turbines to gas-powered generators. It earns first by selling that heavy-duty equipment, then by charging for the long-term maintenance and software that keep the power flowing. Its path depends on managing the shift to greener energy while keeping its traditional power plants running efficiently.
On our factor screen it looks strongest on growth and momentum, and weakest on value.
- ✓Pays a dividend - about 0.2% a year
- ✓Growing - revenue up about 22% over the year
- ✓Very profitable - turns about 23% of sales into profit
- ✓Low debt - a sturdier balance sheet
- ✓Strong return on shareholder money (ROE 83%)
- Growth screens high
- Momentum screens high
- Value screens low
Does GE Vernova pay a dividend?
Yes - GE Vernova currently pays a dividend of about 0.2% a year, which is £2.00 a year for every £1,000 invested (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it. An ISA doesn't shelter the US tax on this one →
What do the numbers say about GE Vernova's dividend?
There's no rating here, and we don't judge whether the dividend will continue - that would be advice. Here are the figures income investors usually look at, and what each one means, so you can weigh it up yourself.
Figures are from the latest available data and can be distorted by one-off results. Past payments don't predict future ones, and a dividend can be cut at any time. This lays out the numbers to help you understand them - it is not a view on what will happen.
Most recent ex-dividend date: 16 Jun 2026. To receive a dividend you must already own the shares before the ex-dividend date; become a holder on or after it and the previous owner keeps that payment. Why the price usually falls that morning →
Does GE Vernova have more cash or more debt?
It holds about $12.72B in cash against about $3.72B of debt - so it has net cash of about $9.00B. More cash than debt is a cushion: it does not need to borrow just to cover what it owes.
From the latest reported balance sheet. Cash and debt levels change, and some borrowing is normal - this is context, not a judgment.
What do GE Vernova's numbers mean?
How has it performed?
Growth of £1,000, the worst fall, and year by year
Over about 2 years to 2026-09-11. This is the share price only; any dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.
How much has GE Vernova actually fallen?
Over the last 2 years of daily prices, GE Vernova fell as much as −38% from a high to a later low. Falls like this are normal when you own a share.
Past falls are not a forecast - it can fall further, or recover.
How has it done year by year?
Calendar-year total return - the share price with dividends reinvested - from adjusted closing prices. The current year is only part-complete. Past returns are not a guide to the future.
A closer look at the numbers
Ownership, earnings history, where the money goes, and the outlook range
Does the share price tell you if it's cheap or expensive?
Who owns GE Vernova?
About 82% of GE Vernova, or about 82 in every 100 shares, is held by big institutions such as pension and index funds. The rest, roughly 17%, is held by the public and smaller investors.
What this does and doesn't tell you
This is a recent snapshot of the share register, and it moves. We don't read anything into who owns what - a high institutional share is common for any large listed company and is not a signal about it.
Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
How much money does GE Vernova make?
Revenue and profit by quarter, and how much of each sale turns into profit.
When does GE Vernova report earnings, and how did recent quarters go?
GE Vernova is next scheduled to report on about 2026-10-28 - dates can move, and we don't predict results; this just tells you when to look.
‘Beat’ and ‘missed’ are against what analysts expected, not whether the business is doing well.
| Reported | Expected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number. | Actual EPS | vs expected |
|---|---|---|---|
| 2026-07-22 | $3.18 | $2.47 | Missed -22% |
| 2026-04-22 | $1.67 | $2.01 | Beat +20% |
| 2026-01-28 | $3.14 | $12.91 | Beat +311% |
| 2025-10-22 | $1.86 | $1.64 | Missed -12% |
| 2025-07-23 | $1.64 | $1.86 | Beat +13% |
| 2025-04-23 | $0.61 | $0.91 | Beat +49% |
Across the last 6 quarters here, GE Vernova came in ahead of what analysts expected 4 times. One quarter is noise, not a trend.
See who else reports over the next two weeks →
Where these figures come from
Each quarter a company reports its results against a consensus of analyst forecasts. The figures here are reported versus expected earnings per share from published results; the expectation is that analyst consensus, not our view. Report dates are estimates and can move.
What are the scenarios for GE Vernova?
An illustrative range for the year ahead — not a prediction or a price target.
What are the pros, cons and common questions?
The case each way, and the questions people ask
Becoming the dominant provider for global grid modernisation.
Technological shifts making current turbine designs obsolete.
What are the pros and cons of GE Vernova?
A balance check, not a score or verdict.
- Essential role in the global energy transition
- Strong recurring revenue from long-term service contracts
- High efficiency in generating profit from shareholder capital
- High valuation multiples compared to some industrial peers
- Complex business structure following the corporate split
- Very low dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone. for income-focused investors
- Heavy reliance on government policy and energy subsidies
- Potential for large-scale project cost overruns
- Sensitivity to global manufacturing and raw material costs
The write-up's own warning lights — if these start happening, the case above changes.
- A significant drop in global investment in power grid infrastructure
- A sustained decline in the company's profit margins over several quarters
Common questions about GE Vernova
Does GE Vernova pay a dividend?
Yes - GE Vernova currently pays a dividend of about 0.2% a year. Dividends are a share of profit paid to holders; the yield moves with the price and payouts can be cut.
When does GE Vernova report earnings next?
GE Vernova is next scheduled to report results on about 2026-10-28. Report dates are estimates and can move; this is a diary note for when to look, not a forecast of the outcome.
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This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.