GE Vernova LLC (GEV)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | ||
|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 472,000 | -24,000 | 28,000 | -840,000 | -1,020,000 |
| Revenue (ttm) | US$ in thousands | 34,951,000 | 34,416,000 | 33,748,000 | 33,674,000 | 33,239,000 |
| Operating profit margin | 1.35% | -0.07% | 0.08% | -2.49% | -3.07% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $472,000K ÷ $34,951,000K
= 1.35%
Based on the data provided, the operating profit margin of GE Vernova LLC has shown fluctuations over the periods reported.
As of December 31, 2023, the operating profit margin was -3.07%, indicating that the company's operating expenses exceeded its operating income, resulting in a loss.
By March 31, 2024, the operating profit margin improved slightly to -2.49%, but still remained negative, suggesting that the company was striving to control costs relative to its revenue generation.
The trend continued to improve by June 30, 2024, with a slight increase to 0.08% in the operating profit margin, indicating that the company started to generate a small operating profit.
However, this improvement was short-lived as the operating profit margin decreased to -0.07% by September 30, 2024, reflecting a reduction in profitability or possibly increased operating expenses.
The year ended on a positive note, with the operating profit margin reaching 1.35% as of December 31, 2024. This uptick suggests that the company was able to better manage its operating costs and increase its operating income relative to revenue.
In conclusion, the operating profit margin of GE Vernova LLC has been somewhat volatile over the reporting periods, with a mix of losses and profits. It is essential for the company to continue monitoring and managing its operating expenses effectively to maintain and improve profitability in the future.
Peer comparison
Dec 31, 2024