GE Vernova (GE Vernova) COGS-to-Revenue : 0.84 (As of Mar. 2024)

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What is GE Vernova COGS-to-Revenue?

GE Vernova's Cost of Goods Sold for the three months ended in Mar. 2024 was $6,109 Mil. Its Revenue for the three months ended in Mar. 2024 was $7,259 Mil.

GE Vernova's COGS to Revenue for the three months ended in Mar. 2024 was 0.84.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. GE Vernova's Gross Margin % for the three months ended in Mar. 2024 was 15.84%.

GE Vernova COGS-to-Revenue Historical Data

The historical data trend for GE Vernova's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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GE Vernova COGS-to-Revenue Chart

GE Vernova Annual Data

Trend

Dec21

Dec22

Dec23

COGS-to-Revenue

0.85

0.88

0.86

GE Vernova Quarterly Data
	Dec21	Dec22	Mar23	Dec23	Mar24
COGS-to-Revenue	-	-	0.87	-	0.84

GE Vernova COGS-to-Revenue Calculation

GE Vernova's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	28436	/	33239
	=	0.86

GE Vernova's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	6109	/	7259
	=	0.84

GE Vernova (NYSE:GEV) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

GE Vernova's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	6109 / 7259
	=	15.84 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

GE Vernova COGS-to-Revenue Related Terms

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GE Vernova (GE Vernova) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » GE Vernova Inc (NYSE:GEV) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

Y5C:Germany

Address

58 Charles Street, Cambridge, MA, USA

Website

https://www.gevernova.com

GE Vernova operates through its subsidiaries is a purpose-built global energy company spanning the power, wind and electrification segments, supported by advanced research, consulting and financial services accelerators. It helps customers improve energy efficiency and deliver electricity that is critical to improving health, safety and quality of life.

GE Vernova (GE Vernova) Headlines

From GuruFocus

GE Vernova to Announce First Quarter 2024 Financial Results on April 25

By Business Wire • 04-18-2024