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GE Vernova (GE Vernova) Pre-Tax Income : $-96 Mil (TTM As of Mar. 2024)


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What is GE Vernova Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. GE Vernova's pretax income for the three months ended in Mar. 2024 was $-96 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $-96 Mil. GE Vernova's pretax margin was -1.32%.

During the past 3 years, GE Vernova's highest Pretax Margin was -0.15%. The lowest was -8.34%. And the median was -2.62%.

GE Vernova Pre-Tax Income Historical Data

The historical data trend for GE Vernova's Pre-Tax Income 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.

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GE Vernova Pre-Tax Income Chart

GE Vernova Annual Data
Trend Dec21 Dec22 Dec23
Pre-Tax Income
-864.00 -2,474.00 -49.00

GE Vernova Quarterly Data
Dec21 Dec22 Mar23 Dec23 Mar24
Pre-Tax Income - - -415.00 - -96.00

Competitive Comparison of GE Vernova's Pre-Tax Income

For the Utilities - Renewable subindustry, GE Vernova's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, GE Vernova's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where GE Vernova's Pre-Tax Income falls into.


GE Vernova Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

GE Vernova's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-1021+1043+-71+0+0
=-49

GE Vernova's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-289+208+-14+0+-1
=-96

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-96 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  (NYSE:GEV) Pre-Tax Income Explanation

GE Vernova's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=-96/7259
=-1.32%

During the past 3 years, GE Vernova's highest Pretax Margin was -0.15%. The lowest was -8.34%. And the median was -2.62%.

* 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 Pre-Tax Income Related Terms

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GE Vernova (GE Vernova) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » GE Vernova Inc (NYSE:GEV) » Definitions » Pre-Tax Income
Comparable Companies
Traded in Other Exchanges
Y5C:Germany
Address
58 Charles Street, Cambridge, MA, USA
Website
https://www.gevernova.com
GE Vernova operates through its subsidiaries is a purpose-built global energy company spanning the power, wind and electrification segments, supported by advanced research, consulting and financial services accelerators. It helps customers improve energy efficiency and deliver electricity that is critical to improving health, safety and quality of life.

GE Vernova (GE Vernova) Headlines

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GE Vernova to Announce First Quarter 2024 Financial Results on April 25

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