GEV vs FPS vs HYLN Stock Comparison

GE Vernova, Forgent Power Solutions and Hyliion Holdings Prices as of Oct 23, 2026 Peers: Industry group
GEV GE Vernova Inc.
$814.57 -14.4% 1M +36.9% 1Y
Market cap
$229.22B
P/E
24.1x
Revenue (TTM)
$41.37B
Div. yield
–
Power Equipment Industrials
6 wins
HYLN Hyliion Holdings Corp.
$2.94 -29.0% 1M +35.5% 1Y
Market cap
$529.08M
P/E
–
Revenue (TTM)
$9.25M
Div. yield
–
Power Equipment Industrials
1 win

Head to Head

7 decided of 12

GE Vernova leads on 6 of the 12 questions below (GE Vernova 6, Hyliion Holdings 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionGEVFPSHYLNLeader
Larger companyMarket capitalisation $229.22B $6.10B $529.08M GEV
Cheaper on earningsLower P/E, profitable companies only 24.1x 72.1x -10.1x GEV
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 17.4x — –
Faster revenue growthRevenue growth, trailing twelve months +13.0% — +163.2% HYLN
More profitableNet margin, trailing twelve months 23.0% — -564.3% GEV
Better return on capitalReturn on invested capital 10.7% — — –
Less leveragedLower net debt / EBITDA -3.4x — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +36.9% — +35.5% GEV
Better 5-year returnAnnualised price return, 5 years — — -17.5%/yr –
Less volatileAnnualised volatility, 1 year 53.5% 91.0% 98.6% GEV
Higher overall scoreMean of the five percentile scores vs peers 83/100 — 56/100 GEV

Percentile Scorecard

GEVFPSHYLN

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisGEVFPSHYLN
Valuation 75 #16 of 61 5 #192 of 203 33 #41 of 61
Growth 98 #2 of 58 – 86 #9 of 58
Profitability 91 #6 of 55 – 13 #48 of 55
Financial Health 57 #31 of 71 20 #178 of 222 93 #6 of 71
Shareholder Returns 93 #3 of 31 – –
Overall 83 – 56
  • GEV ranked among 71 companies in Clean Energy Equipment
  • FPS ranked among 222 companies in Machinery
  • HYLN ranked among 71 companies in Clean Energy Equipment

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodGEVFPSHYLNSPY
1 month -14.4%-39.3%-29.0% -1.0%
3 months -19.7%-32.4%-20.8% +2.9%
6 months -29.1%-31.1%+53.1% +6.4%
Year to date +24.6%—+59.8% +11.4%
1 year +36.9%—+35.5% +13.1%
3 years ——+400.3% +79.4%
3 years, per year ——+71.1% +21.5%
5 years ——-61.7% +67.7%
5 years, per year ——-17.5% +10.9%

Risk

MeasureGEVFPSHYLNSPY
Volatility, 1Y 53.5%91.0%98.6% 12.7%
Downside volatility, 1Y 53.7%90.8%92.4% 12.7%
Beta vs S&P 500, 1Y 2.093.583.11 1.00
Return / volatility, 1Y 0.69—0.36 1.03
Max drawdown, 5Y -38.3%-62.5%-94.0% -25.4%
From 52-week high -30.7%-62.5%-63.7% -2.5%
52-week high $1,174.86$64.59$8.10 $779.14
52-week low $547.96$24.22$1.58 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleGEVFPSHYLN
P/E now vs peer median 22.9xmedian 24.1x 72.1xmedian 25.9x -10.1xmedian 24.1x
P/S now vs peer median 5.2xmedian 2.2x 4.7xmedian 1.9x 56.8xmedian 2.2x
EV/EBITDA now vs peer median 68.8xmedian 17.4x —median 13.7x -9.0xmedian 17.4x
P/FCF now vs peer median 17.4xmedian 27.4x -974.4xmedian 21.1x -9.3xmedian 27.4x
P/B now vs peer median 16.5xmedian 1.8x 9.9xmedian 2.3x 3.1xmedian 1.8x
PEG now vs peer median —median 0.76 —median 1.19 -0.33median 0.76

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsGEVFPSHYLN
Revenue $41.37B – $9.25M
Gross profit $8.36B – $603.00K
Operating income $1.80B – -$58.73M
Net income $9.54B – -$52.19M
Free cash flow $12.44B – -$56.62M
R&D $1.31B – $37.27M
EPS (diluted) $35.29 – $-0.29
Cash & equivalents $13.12B $97.48M $13.20M
Total debt – $582.18M –
Shares (diluted) 270.00M 243.80M 178.44M
Enterprise value $189.13B $6.10B $194.97M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricGEVFPSHYLN
P/E 22.9x 72.1x -10.1x
P/FCF 17.4x -974.4x -9.3x
P/Operating cash flow 15.3x – -12.4x
P/S 5.2x 4.7x 56.8x
P/B 16.5x 9.9x 3.1x
P/Tangible book 25.2x 17.4x 3.1x
EV/EBITDA 68.8x – -9.0x
EV/EBIT 114.9x – -7.8x
EV/Revenue 5.0x – 49.8x
EV/FCF 16.6x – -8.1x
EV/Operating cash flow 14.6x – -10.9x
PEG (3Y EPS CAGR) – – -0.33

Growth

14 metrics
MetricGEVFPSHYLN
Revenue growth (1Y) 13.0% – 163.2%
Revenue CAGR (3Y) – – 62.1%
Gross profit growth (1Y) 27.7% – 154.4%
Gross profit CAGR (3Y) – – 29.7%
Operating income growth (1Y) 174.7% – 11.9%
Operating income CAGR (3Y) – – 29.6%
Net income growth (1Y) 719.9% – 7.3%
Net income CAGR (3Y) – – 30.7%
EPS growth (1Y) 742.6% – 8.9%
EPS CAGR (3Y) – – 30.4%
Operating cash flow growth (1Y) 295.4% – 10.5%
Operating cash flow CAGR (3Y) – – 30.3%
Free cash flow growth (1Y) 359.3% – 16.0%
Free cash flow CAGR (3Y) – – 24.4%

Profitability

14 metrics
MetricGEVFPSHYLN
Gross margin 20.2% – 6.5%
EBITDA margin 7.3% – -551.3%
Operating margin 4.3% – -635.2%
Pretax margin 19.0% – -564.5%
Net margin 23.0% – -564.3%
FCF margin 30.1% – -612.3%
Operating cash flow margin 34.2% – -458.2%
Return on equity 67.6% – -29.7%
Return on assets 12.2% – -28.2%
Return on invested capital 10.7% – –
Return on capital employed 8.0% – -33.4%
Asset turnover 0.5x – 0.0x
Cash conversion (OCF / net income) 1.5x – 0.8x
Stock comp / revenue – – 64.8%

Financial Health

11 metrics
MetricGEVFPSHYLN
Debt / assets 3.5% 26.1% –
Debt / equity 0.2x 0.9x –
Net debt / EBITDA -3.4x – –
Debt / FCF 0.2x – –
Liabilities / assets 83.8% 69.9% 5.6%
Equity / assets 16.2% 30.1% 94.4%
Interest coverage 9.5x – –
Current ratio 0.8x 1.5x 7.6x
Quick ratio 0.6x 1.0x 7.1x
Cash ratio 0.2x 0.2x 6.8x
Altman Z-score 2.58 – 28.92

Shareholder Returns

7 metrics
MetricGEVFPSHYLN
Dividend yield 0.2% – –
Net buyback yield 2.5% – –
Shareholder yield 2.7% – –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusGEVFPSHYLN
Forward P/E – 17.4xFY2027 –
EPS, next fiscal year – $1.39FY2027 $-0.32FY2026
EPS growth, next FY – +104.4%FY2027 –
EPS growth, the year after – +54.0% –
Revenue, next fiscal year – $2.41BFY2027 $14.80MFY2026
Revenue growth, next FY – +69.5%FY2027 +325.2%FY2026
Revenue growth, the year after – +38.4% +127.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersGEVFPSHYLN
Held by institutions 79.1% 55.4% 33.4%
Institutions holding 3,414 369 168
Change in shares held, QoQ +4.0% +46.0% +19.5%
Institutions buying 1,950 296 106
Institutions selling 982 63 38
Buyers to sellers 1.99 4.70 2.79

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

GEVFPSHYLN
GEV 1.00 0.63 0.32
FPS 0.63 1.00 0.37
HYLN 0.32 0.37 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, GEV, FPS and HYLN?

GE Vernova (GEV) is the largest by market capitalisation: GE Vernova (GEV) $229.22B, Forgent Power Solutions (FPS) $6.10B, Hyliion Holdings (HYLN) $529.08M.

Which stock is cheaper, GEV, FPS and HYLN?

GE Vernova (GEV) trades on the lowest price-to-earnings ratio (GE Vernova (GEV) 24.1x, Forgent Power Solutions (FPS) 72.1x, Hyliion Holdings (HYLN) -10.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Hyliion Holdings (HYLN) grew revenue fastest over the trailing twelve months: GE Vernova (GEV) +13.0%, Hyliion Holdings (HYLN) +163.2%.

Which company is more profitable?

GE Vernova (GEV) has the highest net margin (GE Vernova (GEV) 23.0%, Hyliion Holdings (HYLN) -564.3%).

Which stock has performed better?

Over the past year GE Vernova (GEV) returned the most: GE Vernova (GEV) +36.9%, Hyliion Holdings (HYLN) +35.5%. Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, GE Vernova (GEV) has been the steadiest (GE Vernova (GEV) 53.5%, Forgent Power Solutions (FPS) 91.0%, Hyliion Holdings (HYLN) 98.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, GEV, FPS and HYLN?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, GE Vernova (GEV) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.