829.34
+7.13%
Close of 9 Nov 2026, in USD
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About GE Vernova
From its filings with the US Securities and Exchange Commission
GE Vernova is based in Cambridge, Massachusetts and is incorporated in Delaware. Its shares trade on NYSE under the ticker GEV. It is a member of the S&P 500. The SEC classifies its business as electronic & other electrical equipment (no computer equip). In the fiscal year to 31 December 2025, it reported revenue of $38.07bn and net income of $4.88bn. At that date it held total assets of $63.02bn and shareholders' equity of $11.18bn.
Company facts
- Sector
- N/A
- Industry
- N/A
- Listed since
- 26 Feb 2024
- Employees
- 75,000
- Website
- gevernova.com ↗
- Head office
- 58 CHARLES STREET, CAMBRIDGE, MA, 02141
- Incorporated in
- DE
- Classification
- Electronic & Other Electrical Equipment (No Computer Equip)
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. Stephen AngelIndependent Non-Executive Chairman of the Board
- Mr. Scott StrazikPresident, Chief Executive Officer, Director, since 2025$24.3m
- Mr. Kenneth ParksChief Financial Officer$7.5m
- Mr. Victor AbateChief Executive Officer - Wind
- Ms. Mavi ZingoniChief Executive Officer - Power$8.6m
- Mr. Steven BaertChief People Officer$466,146
- Mr. Nicholas AkinsIndependent Director$341,146
- Mr. Arnold DonaldIndependent Director$344,896
- Mr. Matthew HarrisIndependent Director$348,646
- Ms. Martina Hund-MejeanIndependent Director$313,838
- Mr. Jesus MalaveIndependent Director$326,146
- Ms. Paula ReynoldsIndependent Director$341,146
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 55
- Environment
- 41
- Social
- 66
- Governance
- 59
- Direct emissions (scope 1)
- 226,811 t
- Energy emissions (scope 2)
- 360,377 t
- Women in the workforce
- 18.1%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- GE Vernova's Power segment provides reliable dispatchable power from gas, nuclear, hydro, and steam technologies.
- GE Vernova's Wind segment offers onshore and offshore wind turbine solutions for renewable energy generation.
- GE Vernova's Electrification segment delivers grid solutions and digital technologies for sustainable electricity transmission and storage.
Weaknesses
- GE Vernova's IPO on February 26, 2024, marks a new market entry with unproven performance metrics.
- GE Vernova's direct sales model may limit reach in international markets compared to partners.
- GE Vernova's employee count of 75,000 may indicate high operational costs for a newly listed company.
Opportunities
- GE Vernova can leverage the growing global demand for sustainable electric power systems.
- GE Vernova can expand its Wind segment into emerging markets with strong renewable energy policies.
- GE Vernova can enhance its Electrification segment with digital technologies for smart grid solutions.
Threats
- GE Vernova faces competition from established players in the electric power industry.
- GE Vernova must navigate regulatory changes in the US and international markets for renewable energy.
- GE Vernova's reliance on the US market could expose it to economic fluctuations in North America.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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