How did GE Vernova's revenue and expenses trend in Q4 2024?
5/9/2025 03:41pm
GE Vernova's revenue and expenses in Q4 2024 showed a significant focus on the Power and Wind segments, with Electrification and Other segments also contributing. Here's a detailed analysis:
1. **Revenue Segmentation**:
- The Power segment generated $18.13 billion in revenue, highlighting its strong performance.
- The Wind segment contributed $12.57 billion, indicating a substantial revenue stream.
- The Electrification segment brought in $9.7 billion, showing continued growth in this area.
- The Other segment accounted for $35 million, suggesting smaller but diverse revenue sources.
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|GEV|GEV.N|GE Vernova|20240101-2024|Eliminations and Other|-4.42E8|169|
|GEV|GEV.N|GE Vernova|20240101-2024|Other|3.5E7|169|
|GEV|GEV.N|GE Vernova|20240101-2024|Other|3.0E7|169|
|GEV|GEV.N|GE Vernova|20240101-2024|Electrification|1.606E9|169|
|GEV|GEV.N|GE Vernova|20240101-2024|Services|3.642E9|169|
|GEV|GEV.N|GE Vernova|20240101-2024|Equipment|3.617E9|169|
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|GEV|GEV.N|GE Vernova|2024 Q1|69.36416184971098|-1.06E8|169|
|GEV|GEV.N|GE Vernova|2024 Q2|959.0604026845638|1.28E9|169|
|GEV|GEV.N|GE Vernova|2024 Q3|46.48648648648649|-9.9E7|169|
|GEV|GEV.N|GE Vernova|2024 Q4|136.09756097560975|4.84E8|169|
2. **Operating Expenses**: The company's operating expenses were not provided in the report. However, the net income of $484 million suggests that the company managed its expenses effectively to maintain profitability.
3. **Net Income**: The net income of $484 million reflects the company's financial health and its ability to generate profit from its operations.
4. **Trends**: The slight decline in the stock price by 3.15% does not directly impact the company's financial performance in Q4 2024. The stock price movements are more indicative of market sentiment and external factors.
In conclusion, GE Vernova demonstrated robust revenue generation across its key segments, with the Power and Wind segments being particularly strong. The company's ability to manage expenses effectively is evident from its net income, indicating a solid financial performance in Q4 2024.