GE Vernova (GEV) Gross Margin (2022 - 2025)

GE Vernova (GEV) reported Gross Margin of 19.79% for FY2025, up 13.64% year-over-year from 17.42% in FY2024.

GE Vernova (GEV) Gross Margin (2022 - 2025) Analysis & Trends

GE Vernova has reported Gross Margin for 4 years, with the latest figure at 19.79% in FY2025.

  • For the quarter ending Q1 2026, Gross Margin rose 77.0% year-over-year to 19.07%; the trailing twelve-month figure through Mar 2026 stood at 19.93% (up 199.0% YoY), and the FY2025 full-year result was 19.79%, up 238.0% from the prior year.
  • Gross Margin for FY2025 stood at 19.79%, up from 17.42% in the prior year.
  • The five-year high for Gross Margin was 19.79% in FY2025, with the low at 11.66% in FY2022.
  • Historically, Gross Margin has averaged 15.84% across 4 years, with a median of 15.96% in 2024.
  • Annual changes were most pronounced in 2024 — Gross Margin surged 292 bps — and 2025, when it surged 238 bps.
  • GE Vernova's Gross Margin stood at 11.66% in 2022, then advanced by 24 bps to 14.5% in 2023, then rose by 20 bps to 17.42% in 2024, then rose by 14 bps to 19.79% in 2025.
  • The last three Gross Margin figures came in at 19.79% (FY2025), 17.42% (FY2024), and 14.5% (FY2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Yr)
1 GE Vernova 299.46 Bn 290.43 Bn 1.78 Bn -
2 Eaton 164.06 Bn 163.35 Bn 2.65 Bn -
3 Parker-Hannifin 120.65 Bn 120.18 Bn 2.02 Bn -
4 Cummins 98.98 Bn 96.25 Bn 2.24 Bn -
5 Emerson Electric 84.75 Bn 82.97 Bn 2.42 Bn -
6 Illinois Tool Works 76.17 Bn 75.34 Bn 1.76 Bn -
7 Ametek 54.28 Bn 53.79 Bn 717.56 Mn -
8 Rockwell Automation 53.18 Bn 52.81 Bn 1.13 Bn -
9 Ingersoll Rand 30.53 Bn 29.32 Bn 792.40 Mn -
10 Dover 30.25 Bn 28.61 Bn 798.14 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 19.79%
Dec 31, 2024 17.42%
Dec 31, 2023 14.50%
Dec 31, 2022 11.66%