TTM
19.1%
YoY change
+4.88pp
Trough year (2021)
-6.8%
Peak year (2025)
9.7%
Latest annual
9.7%
FCF Margin history chart for GE Vernova (GEV) from 2021 to 2025
Latest: 9.7%
FCF Margin change chart for GE Vernova (GEV) from 2021 to 2025
Latest: +4.88pp
FCF Margin history table for GE Vernova (GEV) from 2021 to 2025
| 2025 | 9.7% | +4.88pp | ||
| 2024 | 4.9% | +3.54pp | ||
| 2023 | 1.3% | +3.44pp | ||
| 2022 | -2.1% | +4.66pp | ||
| 2021 | -6.8% | — |
- 20259.7%+4.88pp
- 20244.9%+3.54pp
- 20231.3%+3.44pp
- 2022-2.1%+4.66pp
- 2021-6.8%—
FCF Margin values are taken from GE Vernova's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About FCF Margin at GE Vernova (GEV)
According to GE Vernova's latest reported financial statements, the company's latest reported free cash flow margin is 19.1%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of GE Vernova (GEV) free cash flow margin is 9.75% – expanded 4.9 percentage points year-over-year.
The highest annual free cash flow margin of 9.75% was reported in 2025. The lowest in the available history was -6.78% in 2021.
GE Vernova FCF Margin by Year
GE Vernova FCF Margin 2025: 9.7%
GE Vernova free cash flow margin in 2025 was 9.75%, expanded 4.9 percentage points from 2024. This figure represents the highest annual value in the available history.
GE Vernova FCF Margin 2024: 4.9%
2024's free cash flow margin for GE Vernova came in at 4.87%, expanded 3.5 percentage points from 2023.
GE Vernova FCF Margin 2023: 1.3%
GE Vernova posted free cash flow margin of 1.33% in 2023, expanded 3.4 percentage points from 2022.
GE Vernova FCF Margin 2022: -2.1%
In 2022, GE Vernova reported free cash flow margin of -2.11%, expanded 4.7 percentage points from 2021.
GE Vernova FCF Margin 2021: -6.8%
GE Vernova free cash flow margin in 2021 was -6.78%.
See more financial history for GE Vernova (GEV).
Sector peers by FCF Margin
Utilities peers of GE Vernova (GEV), ranked by their latest free cash flow margin
| 27.9% | |
| 19.8% | |
| 8.4% | |
| 3.8% | |
| -12.6% | |
| -22.6% | |
| -42.1% | |
| -43.0% |
- 19.8%
- -12.6%
- -22.6%
- -42.1%
- -43.0%
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