GEV (GE Vernova) Pre-Tax Income : $2,497 Mil (TTM As of Dec. 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 Dec. 2024 was $1,113 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2024 was $2,497 Mil. GE Vernova's pretax margin was 10.54%.

During the past 4 years, GE Vernova's highest Pretax Margin was 7.15%. The lowest was -8.34%. And the median was -1.51%.

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

Dec24

Pre-Tax Income

-864.00

-2,474.00

-130.00

2,498.00

GE Vernova Quarterly Data
	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Pre-Tax Income	Get a 7-Day Free Trial				328.00	-96.00	1,602.00	-122.00	1,113.00

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.

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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. 2024 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	471	+	1841	+	0	+	186	+	0
	=	2,498

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

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	592	+	417	+	0	+	104	+	0
	=	1,113

Pre-Tax Income 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 $2,497 Mil.

GE Vernova (NYSE:GEV) Pre-Tax Income Explanation

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

Pretax Margin	=	Pretax Income	/	Revenue
	=	1113	/	10558
	=	10.54%

During the past 4 years, GE Vernova's highest Pretax Margin was 7.15%. The lowest was -8.34%. And the median was -1.51%.

GE Vernova Pre-Tax Income Related Terms

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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

GEV:Mexico Y5C:Germany G2EV34:Brazil

Address

58 Charles Street, Cambridge, MA, USA, 02141

Website

https://www.gevernova.com

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.