GE Vernova LLC (GEV)
Return on total capital
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 472,000 | 296,000 | 660,000 | 126,000 | 19,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 9,546,000 | 9,504,000 | 9,067,000 | 8,974,000 | 8,968,000 |
| Return on total capital | 4.94% | 3.11% | 7.28% | 1.40% | 0.21% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $472,000K ÷ ($—K + $9,546,000K)
= 4.94%
The return on total capital for GE Vernova LLC has shown fluctuations over the past year. Starting at 0.21% on December 31, 2023, the return increased to 1.40% by March 31, 2024, indicating an improvement in capital efficiency. However, there was a significant surge in return to 7.28% by June 30, 2024, suggesting a strong performance in utilizing the total capital to generate profit.
Subsequently, there was a slight decline in return to 3.11% by September 30, 2024, but this level still indicates decent capital productivity. Finally, as of December 31, 2024, the return on total capital stood at 4.94%, showing a positive trend towards the end of the year.
Overall, the return on total capital for GE Vernova LLC demonstrates variability throughout the year, with notable improvements in efficiency and profitability observed in certain periods. Continued monitoring of this ratio will be important to assess the company's ability to generate returns from its total capital in the future.
Peer comparison
Dec 31, 2024