How Does GE Vernova Stock Stack Up Against Its Peers?
GE Vernova’s (GEV) stock has nearly tripled over the past year, yet a closer examination against its industrial peers reveals a nuanced picture. While GEV demonstrates solid revenue growth and moderate free cash flow generation, its operating profitability significantly lags, and its valuation remains elevated compared to most, suggesting potential for limited upside in the competitive utilities and electrification landscape.
- GEV’s 3.7% operating margin is lowest, reflecting significant Wind segment investments. NEE’s 29.3% stems from its stable, regulated utility profitability.
- GEV’s 9.0% revenue growth, reflecting energy transition demand, outpaces HON/EMR, but lags ETN, NEE, PWR’s robust electrification infrastructure.
- GEV’s 198.9% gain and 46.7 P/E signal high investor confidence in its pure-play energy transition and decarbonization focus, outperforming peers.
Here’s how GE Vernova stacks up across size, valuation, and profitability versus key peers.
| GEV | ETN | HON | NEE | EMR | PWR | |
|---|---|---|---|---|---|---|
| Market Cap ($ Bil) | 228.0 | 138.2 | 152.1 | 190.7 | 78.4 | 84.8 |
| Revenue ($ Bil) | 38.1 | 27.4 | 37.4 | 27.4 | 18.2 | 28.5 |
| PE Ratio | 46.7 | 33.8 | 32.2 | 27.9 | 33.9 | 82.5 |
| LTM Revenue Growth | 9.0% | 10.3% | 7.8% | 10.8% | 3.6% | 20.3% |
| LTM Operating Margin | 3.7% | 19.0% | 17.5% | 29.3% | 19.9% | 5.6% |
| LTM FCF Margin | 9.7% | 12.9% | 14.5% | 11.7% | 14.2% | 5.7% |
| 12M Market Return | 198.9% | 27.6% | 24.3% | 27.5% | 28.2% | 131.0% |
Below we compare GEV’s growth, margin, and valuation with peers across years
Revenue Growth Comparison
| LTM | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
| GEV | 9.0% | 9.0% | 5.1% | 12.1% |
| ETN | 10.3% | 10.3% | 7.3% | 11.8% |
| HON | 7.8% | 7.8% | 5.2% | -6.9% |
| NEE | 10.8% | 10.7% | -12.0% | 34.2% |
| EMR | 3.6% | 3.0% | 15.3% | 9.9% |
| PWR | 20.3% | 20.3% | 13.4% | 22.3% |
Operating Margin Comparison
| LTM | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
| GEV | 3.7% | 3.6% | 1.3% | -2.8% |
| ETN | 19.0% | 19.0% | 18.6% | 16.7% |
| HON | 17.5% | 17.5% | 19.2% | 18.5% |
| NEE | 29.3% | 29.3% | 28.8% | 35.0% |
| EMR | 19.9% | 19.6% | 15.2% | 18.2% |
| PWR | 5.6% | 5.6% | 5.5% | 5.2% |
PE Ratio Comparison
| LTM | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
| GEV | 46.7 | 36.4 | 58.3 | � |
| ETN | 33.8 | 30.4 | 34.8 | 29.9 |
| HON | 32.2 | 26.4 | 25.8 | 24.6 |
| NEE | 27.9 | 24.2 | 21.2 | 16.8 |
| EMR | 33.9 | 32.6 | 36.0 | 4.2 |
| PWR | 82.5 | 61.1 | 51.3 | 42.1 |
Still not sure about GEV stock? Consider portfolio approach.
Smart Investing Begins With Portfolios
Individual stocks can soar or tank but one thing matters: staying invested. The right portfolio can help you stay invested, capture upside and mitigate the downside associated with any individual stock.
Why settle for average market returns? The Trefis High Quality (HQ) Portfolio invests in a diverse group of 30 stocks that have collectively delivered stronger upside with reduced volatility compared to the broader indices. Discover the methodology behind these smoother, higher returns by checking the HQ Portfolio performance data.