GE Vernova Inc.
NYSE-GEV
Jun '23
Dec '23
Jun '24
Dec '24
Jun '25
| Operating Activities | Jun '25 | Dec '24 | Jun '24 | Dec '23 | Jun '23 |
|---|---|---|---|---|---|
Net Income | 756 | 385 | 1,174 | 21 | -495 |
Depreciation & Amortization | 410 | 667 | 505 | 494 | 470 |
Other Adjustments | -90 | -49 | -825 | -176 | -407 |
Changes in Trade Receivables | 1,031 | -1,974 | 677 | -1,120 | 281 |
Changes in Inventories | -883 | 647 | -1,288 | 925 | -1,165 |
Changes in Accounts Payable | 207 | 958 | -290 | -684 | -32 |
Changes in Income Taxes Payable | -363 | -450 | -173 | 10 | -12 |
Changes in Unearned Revenue | 1,860 | 1,203 | 1,596 | 2,024 | 788 |
Changes in Other Operating Activities | -1,401 | 658 | -838 | 670 | -406 |
Cash from Operating Activities | 1,528 | 2,048 | 535 | 2,164 | -978 |
| Investing Activities | Jun '25 | Dec '24 | Jun '24 | Dec '23 | Jun '23 |
|---|---|---|---|---|---|
Capital Expenditure | -359 | -509 | -374 | -461 | -283 |
Proceeds from Sale of Property, Plant & Equipment | 34 | 12 | 13 | 16 | 44 |
Purchases of Investments | -30 | -6 | -108 | -43 | -40 |
Proceeds from Sale of Investments | 91 | 213 | 31 | 199 | 33 |
Proceeds from Business Divestments | 1 | 174 | 639 | — | — |
Other Investing Activities | 49 | -173 | 51 | -3 | -196 |
Cash from Investing Activities | -214 | -289 | 252 | -293 | -441 |
| Financing Activities | Jun '25 | Dec '24 | Jun '24 | Dec '23 | Jun '23 |
|---|---|---|---|---|---|
Repurchases of Common Shares | -1,581 | — | — | — | — |
Net Issuance / (Repurchases) of Common Shares | -1,581 | — | — | — | — |
Common Share Dividends Paid | -139 | — | — | — | — |
Other Financing Activities | -142 | 747 | 2,905 | -1,350 | 942 |
Cash from Financing Activities | -1,861 | 748 | 2,904 | -1,350 | 942 |
| Free Cash Flow | Jun '25 | Dec '24 | Jun '24 | Dec '23 | Jun '23 |
|---|---|---|---|---|---|
Free Cash Flow | 1,169 | 1,539 | 161 | 1,703 | -1,261 |
NOPAT | 325.8 | 90.5 | 185.4 | -7.5 | -908.2 |
Levered Free Cash Flow | 239 | 3,562 | 302 | 3,005 | -1,105 |
Unlevered Free Cash Flow | -203.2 | 3,264.5 | -676.6 | 2,970.5 | -1,548.2 |
Net Change in Cash | -547 | 2,507 | 3,691 | 521 | -477 |