GE vs GEV: How GE Aerospace and GE Vernova Compare (2026)

Same yardstick, side by side (as of July 2026). Valuation lined up like this is most meaningful for two names in the same corner of the market, which these are. Figures are approximate; verify before investing.

The metrics above tell you which is the marginally better business. The bigger risk for most people is not picking the slightly worse stock, it is over-concentrating. GE and GEV share themes, so owning both, or adding either to what you already hold, can quietly push a large share of your portfolio into one bet.

This is the part a generic comparison page cannot answer, because it depends on what you own. Connect your brokerage and Walnut shows your real, combined GE and GEV exposure, flags overlap with your existing positions, and tells you if adding one would tip you past a concentration you are comfortable with, read-only by default, with your login staying at your broker. Walnut is not an investment adviser.

GE Aerospace is the aviation business of the former General Electric conglomerate, which split into three independent companies, with GE Aerospace retaining the GE ticker. It is one of the world's largest makers of commercial and military jet engines. GE Aerospace designs, manufactures, and services engines that power a large share of the global airliner fleet, including through CFM International, its long-running joint venture with France's Safran that produces the best-selling engines for narrowbody aircraft like the Boeing 737 and Airbus A320 families. The company makes money from selling new engines and, more importantly, from a highly profitable aftermarket of spare parts, maintenance, repair, and long-term service agreements that generate recurring revenue over each engine's decades-long life. GE Aerospace also supplies military engines and avionics. Headquartered in Cincinnati, Ohio, it benefits from a massive installed base of engines, strong air-travel demand, and the lucrative razor-and-blades economics of jet engine servicing.

Full GE guide

GE Vernova is the energy business spun off from the former General Electric conglomerate as an independent company focused on electric power. It operates across three main segments. Power makes gas turbines, nuclear, hydro, and steam equipment used in power plants, with gas turbines a major franchise. Wind designs and manufactures onshore and offshore wind turbines. Electrification provides grid equipment, including transformers, switchgear, and software that helps utilities transmit and manage electricity. GE Vernova makes money by selling this large power and grid equipment and, importantly, through long-term service agreements that generate recurring revenue from servicing the installed base over decades. Headquartered in Cambridge, Massachusetts, GE Vernova sits at the center of two powerful trends: the energy transition toward cleaner generation and the surging electricity demand from data centers, electrification, and AI computing. It benefits from grid investment, gas turbine demand for reliable power, and the need to modernize aging electrical infrastructure worldwide.

Full GEV guide

Both fit overlapping themes, but they are not interchangeable. The useful comparison is which set of drivers and risks you want exposure to.

• GE drivers: Aftermarket services engine; Dominant narrowbody position.
• GEV drivers: Electricity demand and data centers; Gas turbines and reliable power.

A faster-growing, richer-valued name usually swings harder, so it suits a longer horizon and a higher tolerance for volatility; a steadier, more cash-generative business suits a more conservative or income-minded investor. The honest test is which set of risks you could hold through a drawdown: GE Aerospace is exposed to the cyclical aviation industry, where downturns, pandemics, or shocks to air travel can sharply reduce flight hours and aftermarket revenue. For GEV, gE Vernova's Wind segment has faced losses, warranty issues, and project challenges, particularly in offshore wind, which has been pressured by costs and cancellations.

Growth-minded investors who believe the theme has years to run tend to accept the richer multiple for more upside; value-minded investors lean toward the cheaper forward earnings and steadier profile. Pick GE if you believe its drivers more; GEV if you believe its. Many investors hold both, but since they share themes, that is a concentrated bet, not diversification. Decide deliberately and check overlap. For the full detail, see the GE and GEV guides.

GE. GE Aerospace is valued as a high-quality aviation franchise with durable, recurring aftermarket profits and leadership in narrowbody engines. Investors assign a premium multiple reflecting the predictability of services revenue and strong air-travel demand. The valuation has expanded considerably, leaving it sensitive to the cyclicality of aviation and to engine delivery and supply chain execution.

GEV. GE Vernova is valued as a key beneficiary of rising electricity demand and grid investment, with a large backlog and growing service revenue. Investors assign a premium reflecting the data center and electrification narrative, while watching margin improvement and the turnaround in wind. The valuation has expanded considerably, leaving it sensitive to execution and the durability of the power demand cycle.

Headline figures (approximate, early 2026): GE shows revenue (ttm) ~$35 to 40 billion, operating margin ~high teens to twenties percent, net income (ttm) ~$6 billion or more, aftermarket revenue ~majority of profit; GEV shows revenue (ttm) ~$35 to 40 billion, operating margin ~mid single digits, improving, order backlog ~$100 billion or more, net income (ttm) ~positive and rising.

GE and GEV are related but distinct: same themes, different businesses and risks. Neither wins in the abstract; the right pick is whichever thesis you actually believe, sized so you are not over-concentrated in one theme. Walnut can show your combined GE and GEV exposure against your real portfolio. It is not an investment adviser.