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GE Vernova (GE Vernova) Tax Rate % : -10.42% (As of Mar. 2024)


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What is GE Vernova Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. GE Vernova's Tax Expense for the three months ended in Mar. 2024 was $10 Mil. GE Vernova's Pre-Tax Income for the three months ended in Mar. 2024 was $-96 Mil. Therefore, GE Vernova's Tax Rate % for the quarter that ended in Mar. 2024 was -10.42%.

GE Vernova Tax Rate % Historical Data

The historical data trend for GE Vernova's Tax Rate % 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 Tax Rate % Chart

GE Vernova Annual Data
Trend Dec21 Dec22 Dec23
Tax Rate %
16.20 -10.02 -1,075.51

GE Vernova Quarterly Data
Dec21 Dec22 Mar23 Dec23 Mar24
Tax Rate % - - 16.63 - -10.42

GE Vernova Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

GE Vernova's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=527/-49
=-1,075.51 %

GE Vernova's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=10/-96
=-10.42 %

* 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 Tax Rate % 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 » Tax Rate %
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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

From GuruFocus

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

By Business Wire • 04-18-2024