GE Vernova LLC (GEV)

Debt-to-capital ratio

Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 11,178,000 8,646,000 8,877,000 8,607,000 9,546,000 9,504,000 9,067,000 8,974,000 7,416,000
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

December 31, 2025 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $11,178,000K)
= 0.00