GE Vernova (GEV) Operating Margin (2023 - 2026)
GE Vernova's (GEV) quarterly Operating Margin came in at 5.88% in Q2 2026, up 173.0% YoY from 2.15% in Q2 2025, and up 206.82% on a QoQ basis from 1.92% in Q1 2026.
GE Vernova (GEV) Operating Margin (2023 - 2026) Analysis & Trends
GE Vernova (GEV) has 4 years of Operating Margin data on file, last reported at 5.88% in Q2 2026.
- Quarterly Operating Margin rose 173.0% year-over-year to 5.88% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 4.35% (up 256.0% YoY) and the FY2025 annual result came in at 3.65%, up 230.0% from the prior year.
- Operating Margin climbed to 5.88% in Q2 2026, from 1.92% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 6.42% in Q2 2024 to a low of 6.87% in Q1 2023.
- A 4-year average of 0.92% and a median of 1.93% in 2026 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2024 — Operating Margin soared 1062 bps — and 2025, when it sank 227 bps.
- Tracing GEV's Operating Margin over 4 years: stood at 1.94% in 2023, then jumped by 189 bps to 5.62% in 2024, then dropped by 2 bps to 5.49% in 2025, then grew by 7 bps to 5.88% in 2026.
- The last three Operating Margin figures came in at 5.88% (Q2 2026), 1.92% (Q1 2026), and 5.49% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | 5.88% |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 16.32% |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | 20.65% |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | 26.92% |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 13.52% |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | 26.67% |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | 25.84% |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 20.80% |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | 18.56% |
| 10 | Otis Worldwide | 27.48 Bn | 26.67 Bn | 1.14 Bn | 14.90% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.88% |
| Mar 31, 2026 | 1.92% |
| Dec 31, 2025 | 5.49% |
| Sep 30, 2025 | 3.67% |
| Jun 30, 2025 | 4.15% |
| Mar 31, 2025 | 0.54% |
| Dec 31, 2024 | 5.62% |
| Sep 30, 2024 | -4.03% |
| Jun 30, 2024 | 6.42% |
| Mar 31, 2024 | -3.98% |
| Dec 31, 2023 | 1.94% |
| Sep 30, 2023 | -3.72% |
| Jun 30, 2023 | -4.20% |
| Mar 31, 2023 | -6.87% |