GE Vernova GEV
NYSE GEV
$950.61 -20.70 (-2.13%)
As of: Sep 9, 2026 · 3:59 PM EDT

GE Vernova (GEV) Tax Rate (2023 - 2026)

GE Vernova's (GEV) quarterly Tax Rate came in at 29.84% in Q2 2026, up 612.0% on a YoY basis from 4.19% in Q2 2025, and up 330.12% quarter-over-quarter from 6.94% in Q1 2026.

Analysis

GE Vernova (GEV) Tax Rate (2023 - 2026) Analysis & Trends

GE Vernova (GEV) has reported Tax Rate for 4 consecutive years, with 29.84% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Tax Rate rose 612.0% year-over-year to 29.84%; the trailing twelve-month figure through Jun 2026 stood at 20.84% (down 6286.0% YoY), and the FY2025 full-year result was 72.52%, down 11011.0% from the prior year.
  • Tax Rate rose to 29.84% in Q2 2026 per GEV's latest filing, from 6.94% in the prior quarter.
  • Across five years, Tax Rate topped out at 56.51% in Q4 2024 and bottomed at 1056.25% in Q3 2023.
  • Historically, Tax Rate has averaged 105.79% across 4 years, with a median of 19.48% in 2024.
  • The sharpest annual moves came in 2024 and 2025: Tax Rate jumped 107510 bps in 2024, then slumped 28864 bps in 2025.
  • Over 4 years, Tax Rate stood at 37.2% in 2023, then jumped by 52 bps to 56.51% in 2024, then tumbled by 511 bps to 232.13% in 2025, then surged by 113 bps to 29.84% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 29.84%, 6.94%, and 232.13% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 GE Vernova 250.86 Bn 238.90 Bn 2.36 Bn 29.84%
2 Generac Holdings 11.06 Bn 10.79 Bn 521.81 Mn 24.61%
3 American Superconductor 1.41 Bn 1.27 Bn - -
4 Babcock & Wilcox Enterprises 1.06 Bn 708.06 Mn 46.64 Mn -8.35%
5 Hyliion Holdings 662.60 Mn 662.60 Mn 366,000.00 -
6 HyOrc 44.31 Mn 44.25 Mn 24,000.00 -
7 Clean Energy Technologies 12.53 Mn 12.28 Mn 17,619.00 0.00%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 29.84%
Mar 31, 2026 6.94%
Dec 31, 2025 -232.13%
Sep 30, 2025 39.28%
Jun 30, 2025 23.72%
Mar 31, 2025 20.48%
Dec 31, 2024 56.51%
Sep 30, 2024 18.85%
Jun 30, 2024 20.10%
Mar 31, 2024 -10.42%
Dec 31, 2023 37.20%
Sep 30, 2023 -1,056.25%
Jun 30, 2023 -451.85%
Mar 31, 2023 16.63%