GEV Operating Income vs Income Before Tax Analysis
| GEV Stock | 342.66 10.11 3.04% |
GE Vernova financial indicator trend analysis is much more than just examining GE Vernova LLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GE Vernova LLC is a good investment. Please check the relationship between GE Vernova Operating Income and its Income Before Tax accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GE Vernova LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Operating Income vs Income Before Tax
Operating Income vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GE Vernova LLC Operating Income account and Income Before Tax. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between GE Vernova's Operating Income and Income Before Tax is 0.49. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of GE Vernova LLC, assuming nothing else is changed. The correlation between historical values of GE Vernova's Operating Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of GE Vernova LLC are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Operating Income i.e., GE Vernova's Operating Income and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.49 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Operating Income
Operating Income is the amount of profit realized from GE Vernova LLC operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of GE Vernova LLC is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on GE Vernova income statement and is an important metric when analyzing GE Vernova LLC profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from GE Vernova's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GE Vernova LLC current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GE Vernova LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. Tax Provision is likely to climb to about 553.4 M in 2024. Selling General Administrative is likely to climb to about 5.5 B in 2024
| 2010 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 1.2B | 991M | 964M | 834.9M | Interest Income | 71M | 42M | 37.8M | 45.2M |
GE Vernova fundamental ratios Correlations
Click cells to compare fundamentals
GE Vernova Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for GEV Stock Analysis
When running GE Vernova's price analysis, check to measure GE Vernova's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GE Vernova is operating at the current time. Most of GE Vernova's value examination focuses on studying past and present price action to predict the probability of GE Vernova's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GE Vernova's price. Additionally, you may evaluate how the addition of GE Vernova to your portfolios can decrease your overall portfolio volatility.