GE Vernova LLC (GEV)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Operating income | US$ in thousands | 471,000 | -923,000 | -1,743,000 | -378,000 |
| Revenue | US$ in thousands | 34,950,000 | 33,239,000 | 29,654,000 | 33,006,000 |
| Operating profit margin | 1.35% | -2.78% | -5.88% | -1.15% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $471,000K ÷ $34,950,000K
= 1.35%
The operating profit margin of GE Vernova LLC has shown fluctuations over the years. In December 31, 2021, the company reported a negative operating profit margin of -1.15%, representing a slight loss. This margin worsened in December 31, 2022, where the operating profit margin declined further to -5.88%, indicating a significant decrease in profitability.
However, there was a slight improvement in December 31, 2023, where the operating profit margin improved to -2.78%, although it remained negative. The most notable improvement was seen in December 31, 2024, with an operating profit margin of 1.35%, indicating that the company was able to generate a profit from its operations during that period.
Overall, GE Vernova LLC experienced challenges in maintaining a positive operating profit margin in the initial years, but demonstrated resilience and improvement in profitability by the end of the analyzed period. Further analysis of the company's operational efficiency and cost management could provide insights into these fluctuations and help in identifying areas for further enhancement.
Peer comparison
Dec 31, 2024