Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 32.53 as of Friday, August 7, 2026.
Forward PE Ratio (32.53) = Close Price ($990.32) / Consensus Forward EPS ($30.75)
FORWARD PE RATIO
32.53
SECTOR MEDIAN · UTILITIES
18.39
median of 37 covered companies
CURRENT VS SECTOR MEDIAN
+76.89%
vs the sector median at left
GE Vernova Inc.
Market Cap
$263.76B
Forward PE Ratio
32.53
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| GE Vernova Inc. (GEV) | $263.76B | 32.53 |
| NextEra Energy, Inc. (NEE)vs › | $176.58B | 20.90 |
| The Southern Company (SO)vs › | $106.63B | 20.28 |
| Duke Energy Corporation (DUK)vs › | $97.33B | 18.48 |
| Constellation Energy Corporation (CEG)vs › | $96.92B | 22.28 |
| American Electric Power Company, Inc. (AEP)vs › | $68.45B | 19.69 |
| Dominion Energy, Inc. (D)vs › | $59.27B | 18.64 |
| Sempra (SRE)vs › | $54.83B | 16.50 |
| Entergy Corporation (ETR)vs › | $50.01B | 24.22 |
| Xcel Energy Inc. (XEL)vs › | $48.77B | 18.70 |
Trailing P/E
28.7
reported TTM EPS
Forward P/E
32.5
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $30.75 implies -11.7% EPS decline vs the reported trailing $34.83.
At today's $990.32 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $30.75 | $28.36 – $32.22 | 17 | 32.2x |
| 2027-12-31 | $24.81 | $18.78 – $27.58 | 22 | 39.9x |
| 2028-12-31 | $34.24 | $21.52 – $46.46 | 23 | 28.9x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
