Ge Vernova Inc. (GEV) intrinsic value & 10-year financials
Ge Vernova Inc. (GEV) has a Graham intrinsic value of $394.67 per share. At $921.20 on Oct 17, 2026, the stock trades 133% above that value. Over the last 5 fiscal years revenue grew 8.7% a year to $38.1B, with an average return on invested capital of 6.9%.
- Graham intrinsic value
- $394.67
- Share price (Oct 17, 2026)
- $921.20
- Price vs Graham value
- 133% above
- Market cap
- $254.3B
- Revenue (FY2025)
- $38.1B
- Revenue growth (5-yr CAGR)
- 8.7%
- ROIC (10-yr avg)
- 6.9%
- Free cash flow (FY2025)
- $3.7B
GEV 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $38.1B | $4.9B | $17.69 | $3.7B | 3.6% | 57.5% |
| FY2024 | $34.9B | $1.6B | $5.58 | $1.7B | 1.3% | 6.5% |
| FY2023 | $33.2B | -$438.0M | -$1.60 | $442.0M | -2.8% | -13.5% |
| FY2022 | $29.7B | -$2.7B | -$10.00 | -$627.0M | -9.7% | -22.7% |
| FY2021 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
GE Vernova Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
GE Vernova Inc. has earned high returns on invested capital, averaging 16.8% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
GE Vernova Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, GE Vernova Inc. is modeled at 8.7% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $394.67 per share.