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

GE Vernova (GEV) posted Tax Rate of 29.84% for Q2 2026, up 330.12% on a QoQ basis from 6.94% in Q1 2026, and up 612.0% year-over-year from 4.19% in Q2 2025.

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

GE Vernova's Tax Rate history runs 4 years deep, the most recent figure standing at 29.84% for Q2 2026.

  • Quarterly Tax Rate rose 612.0% year-over-year to 29.84% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 20.84% (down 6286.0% YoY) and the FY2025 annual result came in at 72.52%, down 11011.0% from the prior year.
  • Tax Rate was 29.84% for Q2 2026 at GE Vernova, up 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.
  • A 4-year average of 101.11% and a median of 20.29% in 2024 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2024 — Tax Rate soared 107510 bps — and 2025, when it plunged 28864 bps.
  • GE Vernova's 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.
  • Business Quant data shows GEV's Tax Rate at 29.84% in Q2 2026, 6.94% in Q1 2026, and 232.13% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn 29.84
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 21.68
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 19.21
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 27.19
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn 22.07
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn 20.58
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 18.99
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 20.23
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 15.70
10 Xylem 29.09 Bn 28.28 Bn 803.00 Mn 22.54

Historic Data

Download Data
DateValue
Jun 30, 2026 29.84
Jun 30, 2026 29.84
Jun 30, 2026 29.84
Mar 31, 2026 6.94
Mar 31, 2026 6.94
Mar 31, 2026 6.94
Dec 31, 2025 -232.13
Dec 31, 2025 -232.13
Dec 31, 2025 -232.13
Sep 30, 2025 39.28
Sep 30, 2025 39.28
Sep 30, 2025 39.28
Jun 30, 2025 23.72
Jun 30, 2025 23.72
Jun 30, 2025 23.72
Mar 31, 2025 20.48
Mar 31, 2025 20.48
Mar 31, 2025 20.48
Dec 31, 2024 56.51
Dec 31, 2024 56.51