Capital Expenditures for GE Vernova (GEV)
According to GE Vernova's latest reported financial statements, the company's current capital expenditures (TTM) is $1.49B USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

GEV
Currently viewingCapital ExpendituresSwitch metric
Latest period
$1.49B
YoY change
+44.6%
5Y CAGR
N/A
Peak year (2025)
$1.28B
Cumulative capital expenditures
$3.99B
CapEx history chart for GE Vernova (GEV) from 2021 to 2025
CapEx history table for GE Vernova (GEV) from 2021 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $1.28B | +44.6% | ||
| 2024 | $883.00M | +18.7% | ||
| 2023 | $744.00M | +45.0% | ||
| 2022 | $513.00M | -11.1% | ||
| 2021 | $577.00M | — |
CapEx values are taken from GE Vernova's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, GE Vernova (GEV) reported capital expenditures of $1.28B – surged 44.6% year-over-year.
2025 marks the peak capital expenditures at $1.28B, with the historical low of $513.00M recorded in 2022.
Among 8 Utilities peers, GE Vernova (GEV) ranks 8th; the peer median for capital expenditures is $9.94B.
GE Vernova Capital Expenditures by Year
GE Vernova Capital Expenditures 2025: $1.28B
GE Vernova capital expenditures in 2025 was $1.28B, surged 44.6% from 2024. This figure represents the highest annual value in the available history.
GE Vernova Capital Expenditures 2024: $883.00M
GE Vernova capital expenditures in 2024 was $883.00M, grew 18.7% from 2023.
GE Vernova Capital Expenditures 2023: $744.00M
GE Vernova capital expenditures in 2023 was $744.00M, surged 45.0% from 2022.
GE Vernova Capital Expenditures 2022: $513.00M
GE Vernova capital expenditures in 2022 was $513.00M, declined 11.1% below 2021. This figure represents the lowest annual value in the available history.
GE Vernova Capital Expenditures 2021: $577.00M
GE Vernova capital expenditures in 2021 was $577.00M.
See more financial history for GE Vernova (GEV).
Sector peers — CapEx
Companies in the same sector as GE Vernova, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Duke Energy Corporation (DUK) | $14.02B | Utilities |
| The Southern Company (SO) | $13.39B | Utilities |
| Dominion Energy, Inc. (D) | $12.64B | Utilities |
| Sempra (SRE) | $10.61B | Utilities |
| NextEra Energy, Inc. (NEE) | $9.27B | Utilities |
| Vistra Corp. (VST) | $3.94B | Utilities |
| Constellation Energy Corporation (CEG) | $2.95B | Utilities |
| American Electric Power Company, Inc. (AEP) | $130.00M | Utilities |
Frequently asked questions
What is GE Vernova's capital expenditures?
- Latest reported capital expenditures for GE Vernova (GEV) is $1.49B (period ending March 31, 2026).
How has GE Vernova capital expenditures changed year-over-year?
- GE Vernova (GEV) capital expenditures changed +44.6% year-over-year on the latest annual filing.
When did GE Vernova capital expenditures hit its highest annual value?
- GE Vernova capital expenditures reached its highest annual value of $1.28B in 2025.
What was GE Vernova capital expenditures in 2024?
- GE Vernova (GEV) capital expenditures in 2024 was $883.00M.
What was GE Vernova capital expenditures in 2025?
- GE Vernova (GEV) capital expenditures in 2025 was $1.28B.
Metrics overview
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