GE Vernova
GEV
#288
Rank
$67.17 B
Marketcap
$244.45
Share price
3.73%
Change (1 day)
N/A
Change (1 year)

Operating Margin for GE Vernova (GEV)

Operating Margin as of September 2024 (TTM): 3.49%

According to GE Vernova's latest financial reports and stock price the company's current Operating Margin is 3.49%. At the end of 2023 the company had an Operating Margin of 0.07%.

Operating Margin history for GE Vernova from 2024 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20230.07%-100.84%
2022-7.83%273.64%
2021-2.10%

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.