GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » GE Vernova Inc (FRA:Y5C) » Definitions » EBIT

GE Vernova (FRA:Y5C) EBIT : €655 Mil (TTM As of Dec. 2024)


View and export this data going back to 2024. Start your Free Trial

What is GE Vernova EBIT?

GE Vernova's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was €565 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was €655 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GE Vernova's annualized ROC % for the quarter that ended in Dec. 2024 was 2.64%. GE Vernova's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 47.33%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GE Vernova's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 0.99%.


GE Vernova EBIT Historical Data

The historical data trend for GE Vernova's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

GE Vernova EBIT Chart

GE Vernova Annual Data
Trend Dec21 Dec22 Dec23 Dec24
EBIT
-612.42 -2,192.91 -29.34 449.81

GE Vernova Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
EBIT Get a 7-Day Free Trial Premium Member Only 332.87 -75.44 489.58 -324.36 565.36

Competitive Comparison of GE Vernova's EBIT

For the Utilities - Renewable subindustry, GE Vernova's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


GE Vernova's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, GE Vernova's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where GE Vernova's EV-to-EBIT falls into.


;
;

GE Vernova EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €655 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


GE Vernova  (FRA:Y5C) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

GE Vernova's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=2261.44 * ( 1 - 56.51% )/( (35991.346 + 38518.97)/ 2 )
=983.500256/37255.158
=2.64 %

where

Invested Capital(Q: Sep. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=45818.553 - 8108.099 - ( 6662.895 - max(0, 28140.933 - 29860.041+6662.895))
=35991.346

Invested Capital(Q: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=49168.175 - 8292.265 - ( 7835.775 - max(0, 30259.175 - 32616.115+7835.775))
=38518.97

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

GE Vernova's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2261.44/( ( (4638.348 + max(-13821.34, 0)) + (4918.25 + max(-15282.865, 0)) )/ 2 )
=2261.44/( ( 4638.348 + 4918.25 )/ 2 )
=2261.44/4778.299
=47.33 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5374.465 + 7447.666 + 1497.462) - (8108.099 + 15234.108 + 4798.726)
=-13821.34

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6026.05 + 7466.19 + 1271.105) - (8292.265 + 16795.585 + 4958.36)
=-15282.865

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

GE Vernova's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=655.143/66244.729
=0.99 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


GE Vernova EBIT Related Terms

Thank you for viewing the detailed overview of GE Vernova's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


GE Vernova Business Description

Traded in Other Exchanges
Address
58 Charles Street, Cambridge, MA, USA, 02141
GE Vernova is a global leader in the electric power industry, with products and services that generate, transfer, convert, and store electricity. The company has three business segments: power, wind, and electrification. Power includes gas, nuclear, hydroelectric, and steam technologies, providing dispatchable power. The wind segment includes wind generation technologies, inclusive of onshore and offshore wind turbines and blades. Electrification includes grid solutions, power conversion, electrification software, and solar and storage solutions technologies required for the transmission, distribution, conversion, and storage of electricity from the point of generation to point of consumption.

GE Vernova Headlines

No Headlines