GE Vernova LLC (GEV)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | — | -32,000 | -2,323,000 | -692,000 |
| Long-term debt | US$ in thousands | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 9,546,000 | 7,416,000 | 10,650,000 | — |
| Return on total capital | 0.00% | -0.43% | -21.81% | — |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $9,546,000K)
= 0.00%
The return on total capital for GE Vernova LLC has shown fluctuations over the years. In December 31, 2022, the return on total capital was negative at -21.81%, indicating that the company's capital investments did not generate positive returns during that period. However, there was a slight improvement in December 31, 2023, with a return on total capital of -0.43%, still below the breakeven point. By December 31, 2024, the return on total capital improved further to 0.00%, indicating that the company's capital investments yielded just enough returns to cover the capital cost. Overall, the company has experienced challenges in generating positive returns on its total capital, but there are signs of improvement in recent years.
Peer comparison
Dec 31, 2024