Question 1

What is GE Vernova's EV/EBITDA ratio?

Accepted Answer

GE Vernova (GEV) EV/EBITDA ratio is 74.2× as of June 5, 2026. The ratio is calculated by dividing enterprise value by trailing twelve-month EBITDA, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the EV/EBITDA ratio calculated?

Accepted Answer

EV/EBITDA = Enterprise Value ÷ Trailing Twelve-Month (TTM) EBITDA, where Enterprise Value = Market Capitalisation + Total Debt − Cash & Short-Term Investments. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the EV/EBITDA ratio?

Accepted Answer

The EV/EBITDA ratio (the enterprise multiple) compares enterprise value (EV) to trailing twelve-month (TTM) EBITDA. EV is calculated as market capitalisation + total debt − cash & short-term investments. Because EV/EBITDA is capital-structure-neutral and ignores non-cash depreciation and amortisation, it is the standard multiple used in M&A and for cross-company or cross-border comparisons. Note: this calculation uses a simplified EV (minority interest and preferred equity excluded due to data availability), consistent with most public financial-data providers.

Question 4

What is a good EV/EBITDA ratio for GE Vernova?

Accepted Answer

Mature, cash-generative businesses commonly trade in the 8–12× EV/EBITDA range; higher-growth, asset-light companies often trade at 15–25×+. EV/EBITDA is most useful for comparing companies with different capital structures (debt levels) or tax regimes. For GE Vernova specifically, the relevant sector benchmark is the current sector median of 12.7×.

Question 5

Is GE Vernova's EV/EBITDA ratio high or low?

Accepted Answer

GE Vernova's EV/EBITDA ratio of 74.2× is above its own 5-year average of 42.6× and above the sector median of 12.7×. That places the current reading at the 92th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is GE Vernova's historical EV/EBITDA ratio range?

Accepted Answer

In the available daily series, GE Vernova (GEV) EV/EBITDA ratio has ranged from a low of 20.7× in 2024 to a high of 91.9× in 2026. The 5-year average is 42.6× and the 5-year median is 41.6×.

Question 7

What was GE Vernova's EV/EBITDA ratio in 2025?

Accepted Answer

GE Vernova (GEV) EV/EBITDA ratio at the end of 2025 was 45.9×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month EBITDA figure available at that date.

Question 8

Why does GE Vernova's EV/EBITDA ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (enterprise value, which tracks share price plus net debt) and the denominator (EBITDA). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$177.77B	$3.68B	45.9×	+0.5×	Dec 31, 2025
2024	$90.46B	$1.85B	45.4×	+9.0×	Dec 31, 2024
2023	$35.71B	$986.00M	36.4×	—	Dec 31, 2023


FirstEnergy (FE)	12.9×
H2O America (HTO)	12.8×
Southern Company (SO)	12.7×
Vistra (VST)	12.7×
PPL (PPL)	12.7×
Evergy (EVRG)	12.7×
NiSource (NI)	12.6×
Pinnacle West Capital (PNW)	12.5×
New Jersey Resources (NJR)	12.3×
MGE Energy (MGEE)	12.0×
Duke Energy (DUK)	11.9×
Black Hills (BKH)	11.9×
Algonquin Power & Utilities (AQN)	11.8×
Public Service Enterprise Group (PEG)	11.7×
Exelon (EXC)	11.3×
AES (AES)	10.5×
Eversource Energy (ES)	10.3×
Artesian Resources (ARTNA)	9.9×
Avista (AVA)	9.9×
Consolidated Edison (ED)	9.8×
Edison International (EIX)	9.6×
PG&E (PCG)	9.5×
UGI (UGI)	9.3×
Northwest Natural Holding (NWN)	8.9×
Ameren (AEE)	8.1×

EV/EBITDA for GE Vernova (GEV)

EV/EBITDA daily chart for GE Vernova (GEV)

Historical EV/EBITDA for GE Vernova (GEV) from 2023 to 2025

About EV/EBITDA at GE Vernova (GEV)

GE Vernova EV/EBITDA by Year

GE Vernova EV/EBITDA 2025: 45.9×

GE Vernova EV/EBITDA 2024: 45.4×

GE Vernova EV/EBITDA 2023: 36.4×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

GE Vernova (GEV) Key Financials

EV/EBITDA daily chart for GE Vernova (GEV)

Historical EV/EBITDA for GE Vernova (GEV) from 2023 to 2025

About EV/EBITDA at GE Vernova (GEV)

GE Vernova EV/EBITDA by Year

GE Vernova EV/EBITDA 2025: 45.9×

GE Vernova EV/EBITDA 2024: 45.4×

GE Vernova EV/EBITDA 2023: 36.4×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

+What is GE Vernova's EV/EBITDA ratio?

+How is the EV/EBITDA ratio calculated?

+What is the EV/EBITDA ratio?

+What is a good EV/EBITDA ratio for GE Vernova?

+Is GE Vernova's EV/EBITDA ratio high or low?

+What is GE Vernova's historical EV/EBITDA ratio range?

+What was GE Vernova's EV/EBITDA ratio in 2025?

+Why does GE Vernova's EV/EBITDA ratio change over time?

GE Vernova (GEV) Key Financials