GE Vernova Inc. (GEV) Tax Rate: -72.52%
Is GE Vernova Inc.’s tax rate high or low?
GE Vernova Inc.'s tax rate of -72.52% is 24% below its 4-year average of -58.67%, around the middle of its 4-year range (-264.62%–37.59%).
315.23% below its 12-month average of -17.46%.
GEV Tax Rate Chart
GEV Average Tax Rate Chart
GEV Current vs Average Tax Rate Chart
GEV Tax Rate Metrics
TAX RATE
-72.52%
TAX RATE AVG TTM
-17.46%
TAX RATE AVG 3Y
-77.39%
TAX RATE AVG 5Y
N/A
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-315.23%
CURRENT VS 3Y AVG
+6.30%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
GE Vernova Inc. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
GE Vernova Inc. Tax Rate FAQ
- What is the tax rate for GE Vernova Inc. (GEV)?
- The tax rate for GEV stock is -72.52%.
- Is GE Vernova Inc.'s tax rate high or low?
- GE Vernova Inc.'s tax rate of -72.52% is 24% below its 4-year average of -58.67%, around the middle of its 4-year range (-264.62%–37.59%).
- What is the TTM average tax rate for GE Vernova Inc. (GEV)?
- The TTM average tax rate for GEV stock is -17.46%.
- What is the 3Y average tax rate for GE Vernova Inc. (GEV)?
- The 3Y average tax rate for GEV stock is -77.39%.
GE Vernova Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | -72.52% |
| 2024-12-31 | 37.59% |
| 2023-12-31 | -264.62% |
| 2022-12-31 | -10.02% |
| 2021-12-31 | 16.20% |
Related Metrics
About GE Vernova Inc.
GE Vernova Inc. is an energy enterprise primarily engaged in generating electricity. Its business activities are categorized into three main divisions: Power, Wind, and Electrification. The Power segment is responsible for producing and distributing electricity from various sources, including hydroelectric, natural gas, nuclear, and steam power. The Wind division concentrates on the fabrication and sale of wind turbine blades. Meanwhile, the Electrification segment offers an array of services such as grid infrastructure solutions, power conversion technologies, and both solar and energy storage systems. The company was established in 2023 and has its headquarters situated in Cambridge, Massachusetts.
- Sector
- Utilities
- Industry
- Renewable Utilities
- CEO
- Scott L. Strazik