GE Vernova (GEV) Return on Capital Employed [ROCE] (2024 - 2026)
GE Vernova's Return on Capital Employed [ROCE] came in at 8.04% for Q2 2026, up 4.51 percentage points from 3.53% a year earlier and up 0.86 percentage points from the prior quarter.
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Analysis
GE Vernova (GEV) Return on Capital Employed [ROCE] (2024 - 2026) Analysis & Trends
For FY2025, GE Vernova's Return on Capital Employed [ROCE] was 8.53%, up 5.78 percentage points from FY2024.
- Going back by year, Return on Capital Employed [ROCE] was 2.75% in FY2024.
- The Q2 2026 figure represents the highest quarterly Return on Capital Employed [ROCE] in data going back to Q1 2024.
- Year-over-year, Return on Capital Employed [ROCE] has increased for six consecutive quarters, with an average year-over-year change of +5.21 percentage points over the last six quarters.
- Business Quant data shows GEV's Return on Capital Employed [ROCE] at 7.18% (Q1 2026), 7.83% (Q4 2025) and 7.47% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 220.43 Bn | 180.35 Bn | 2.36 Bn | 8.04% |
| 2 | Bloom Energy | 57.01 Bn | 46.91 Bn | 417.10 Mn | 12.05% |
| 3 | First Solar | 18.43 Bn | 9.38 Bn | 605.00 Mn | 16.07% |
| 4 | Nextpower | 11.72 Bn | 7.62 Bn | 335.85 Mn | 23.08% |
| 5 | BWX Technologies | 11.55 Bn | 9.85 Bn | 202.31 Mn | 11.64% |
| 6 | Generac Holdings | 10.93 Bn | 9.76 Bn | 521.81 Mn | 9.38% |
| 7 | EnerSys | 6.08 Bn | 4.28 Bn | 313.36 Mn | 15.27% |
| 8 | Enphase Energy | 4.20 Bn | -662.70 Mn | 175.01 Mn | 4.90% |
| 9 | Mirion Technologies | 3.64 Bn | 1.48 Bn | 133.10 Mn | 1.68% |
| 10 | QuantumScape | 2.56 Bn | -1.18 Bn | - | -38.27% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.04% |
| Mar 31, 2026 | 7.18% |
| Dec 31, 2025 | 7.83% |
| Sep 30, 2025 | 7.47% |
| Jun 30, 2025 | 3.53% |
| Mar 31, 2025 | 4.27% |
| Dec 31, 2024 | 2.42% |
| Sep 30, 2024 | 0.41% |
| Jun 30, 2024 | 0.67% |
| Mar 31, 2024 | -4.24% |
API Access
GE Vernova Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=GEV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "GEV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=GEV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();