GE HealthCare (GEHC) Stock Analysis

November 11, 2026

This is a peer-relative look at GE HealthCare (GEHC): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Health Care Equipment & Services peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for GE HealthCare (GEHC)
Profile Item	GEHC
Name	GE HealthCare Technologies Inc.
Country/Region	United States
GICS Sector	Health Care
GICS Industry Group	Health Care Equipment & Services
GICS Industry	Health Care Equipment & Supplies
GICS Sub-Industry	Health Care Equipment
Market Capitalization	37.25 billion USD
Currency	USD
Exchange	Nasdaq
Listing Date	December 15, 2022
Security Type	Common Stock

Price Performance

Cumulative Growth

GEHC

GSPC

GE HealthCare (GEHC) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for GE HealthCare (GEHC) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for GE HealthCare (GEHC) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

GE HealthCare (GEHC) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: GEHC	Industry group median
Total Return (1Y)	14.21%	21.53%
Total Return (3Y, Annualized)	7.01%	9.81%
Total Return (5Y, Annualized)	--	-2.76%

Risk Profile

Drawdown History

GEHC

GSPC

GE HealthCare (GEHC) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for GE HealthCare (GEHC) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

GE HealthCare (GEHC) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: GEHC	Industry group median
Volatility (1Y, Annualized)	35.93%	50.93%
Beta (5Y)	0.69	0.85
Max Drawdown (5Y)	-37.35%	-70.34%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. GEHC is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

GE HealthCare (GEHC) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: GEHC	Industry group median
Sharpe Ratio (1Y)	0.28	0.34
Sortino Ratio (1Y)	0.41	0.54

Profitability

ROE (TTM)

GE HealthCare (GEHC) posts ROE of 20.01%, in the upper peer quartile. That suggests the company earns more from each dollar of shareholders’ equity than most industry peers, a useful capital-efficiency signal.

GEHC

Health Care Equipment & Services industry group

20.01%

Group distribution

Max: 47.61%
GEHC: 20.01%
Q3: 14.36%
Median: 5.45%
Q1: -10.67%
Min: -47.01%

Largest peers

GEHC: 20.01%
ISRG: 17.93%
SYK: 16.02%
UNH: 15.77%
MDT: 10.65%
ABT: 9.14%
MCK: --

Where GE HealthCare (GEHC) stands on ROE within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

GE HealthCare (GEHC) keeps 9.95% of revenue as net profit, putting net margin in the upper peer quartile. After operating costs, interest, and taxes, more of each sales dollar reaches shareholders than it does at most industry peers.

GEHC

Health Care Equipment & Services industry group

9.95%

Group distribution

Max: 29.35%
GEHC: 9.95%
Q3: 9.33%
Median: 2.18%
Q1: -6.29%
Min: -28.46%

Largest peers

ISRG: 25.54%
MDT: 13.93%
SYK: 13.78%
GEHC: 9.95%
ABT: 9.75%
UNH: 3.53%
MCK: 1.12%

Where GE HealthCare (GEHC) stands on net margin within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

GE HealthCare (GEHC) turns 15.33% of revenue into operating profit, putting operating margin in the upper peer quartile. Before financing and taxes enter the picture, the day-to-day business keeps more of each sales dollar than most industry peers.

GEHC

Health Care Equipment & Services industry group

15.33%

Group distribution

Max: 35.43%
GEHC: 15.33%
Q3: 14.14%
Median: 6.81%
Q1: -0.28%
Min: -16.29%

Largest peers

ISRG: 33.29%
SYK: 22.96%
MDT: 19.33%
GEHC: 15.33%
ABT: 11.66%
UNH: 5.82%
MCK: 1.48%

Where GE HealthCare (GEHC) stands on operating margin within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

GE HealthCare (GEHC) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: GEHC	Industry group median
ROE (TTM)	20.01%	5.45%
ROA (TTM)	4.99%	3.17%
Net Margin (TTM)	9.95%	2.18%
Operating Margin (TTM)	15.33%	6.81%
Gross Margin (TTM)	39.29%	55.21%

Growth

Revenue Growth

GE HealthCare (GEHC) grew revenue 4.84%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.

GE HealthCare (GEHC): Revenue Growth across different time periods, set against Health Care Equipment & Services industry-group medians.

EPS Growth

GE HealthCare (GEHC) grew earnings per share 4.84%, roughly around the peer group's normal range. Bottom-line momentum looks broadly typical for the industry.

GE HealthCare (GEHC): EPS Growth across different time periods, set against Health Care Equipment & Services industry-group medians.

Growth Metrics

GE HealthCare (GEHC) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: GEHC	Industry group median
Revenue Growth (YoY)	4.84%	11.55%
Revenue Growth (3Y CAGR)	3.99%	10.83%
EPS Growth (YoY)	4.84%	4.88%
EPS Growth (3Y CAGR)	-0.58%	14.59%

Financial Strength

Current Ratio (MRQ)

GE HealthCare (GEHC) has current ratio of 1.30, in the tighter-liquidity quartile for its industry. The short-term cushion is thinner than most peers carry, even if the absolute comfort level still depends on the business model.

GEHC

Health Care Equipment & Services industry group

1.30

Group distribution

Max: 7.59
Q3: 4.00
Median: 1.98
Q1: 1.37
GEHC: 1.30
Min: 0.30

Largest peers

ISRG: 3.33
SYK: 2.18
MDT: 2.07
ABT: 1.46
GEHC: 1.30
MCK: 0.90
UNH: 0.74

Where GE HealthCare (GEHC) stands on current ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

GE HealthCare (GEHC) has debt-to-equity ratio of 0.88, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.

GEHC

Health Care Equipment & Services industry group

0.88

Group distribution

Max: 1.88
Q3: 0.91
GEHC: 0.88
Median: 0.58
Q1: 0.16
Min: 0.00

Largest peers

GEHC: 0.88
UNH: 0.70
SYK: 0.66
ABT: 0.61
MDT: 0.55
ISRG: --
MCK: --

Where GE HealthCare (GEHC) stands on debt-to-equity ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

GE HealthCare (GEHC) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: GEHC	Industry group median
Current Ratio (MRQ)	1.30	1.98
Debt / Equity (MRQ)	0.88	0.58
Net Debt / EBITDA	2.11	2.04

Dividends

Dividend Yield (TTM)

GE HealthCare (GEHC) has dividend yield of 0.17%, above the entire industry range. That headline income is large, but yields this far above peers often come from a falling share price or an at-risk payout, so dividend safety matters more than the percentage itself.

GEHC

Health Care Equipment & Services industry group

0.17%

Group distribution

GEHC: 0.17%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

MDT: 2.72%
UNH: 2.29%
ABT: 2.22%
SYK: 1.05%
MCK: 0.32%
GEHC: 0.17%
ISRG: 0.00%

Where GE HealthCare (GEHC) stands on dividend yield within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

GE HealthCare (GEHC) has payout ratio of 2.96%, above the peer distribution for its industry. The dividend consumes more reported earnings than peers normally do, leaving unusually thin earnings cover.

GEHC

Health Care Equipment & Services industry group

2.96%

Group distribution

GEHC: 2.96%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

ABT: 92.54%
MDT: 70.02%
UNH: 51.71%
SYK: 37.49%
MCK: 8.77%
GEHC: 2.96%
ISRG: 0.00%

Where GE HealthCare (GEHC) stands on payout ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

GE HealthCare (GEHC) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: GEHC	Industry group median
Dividend Yield (TTM)	0.17%	0.00%
Dividend Payout Ratio (TTM)	2.96%	0.00%

Valuation

P/E Ratio (TTM)

GE HealthCare (GEHC) trades at P/E ratio of 17.42, in the cheaper earnings-multiple quartile for its industry. Investors are paying less for each dollar of TTM earnings than they usually pay for comparable businesses.

GEHC

Health Care Equipment & Services industry group

17.42

Group distribution

Max: 80.41
Q3: 47.62
Median: 29.93
Q1: 21.19
GEHC: 17.42
Min: 4.21

Largest peers

ISRG: 54.75
ABT: 41.02
SYK: 34.70
MCK: 27.36
MDT: 25.01
UNH: 22.50
GEHC: 17.42

Where GE HealthCare (GEHC) stands on P/E ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

GE HealthCare (GEHC) trades at 1.72 on P/S ratio, roughly in the peer group’s normal range. The market is not making a strong cheap-or-rich statement about its revenue base.

GEHC

Health Care Equipment & Services industry group

1.72

Group distribution

Max: 8.80
Q3: 4.32
Median: 2.13
GEHC: 1.72
Q1: 1.10
Min: 0.03

Largest peers

ISRG: 13.82
SYK: 4.72
ABT: 3.95
MDT: 3.47
GEHC: 1.72
UNH: 0.78
MCK: 0.29

Where GE HealthCare (GEHC) stands on P/S ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

GE HealthCare (GEHC) trades at 3.21 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.

GEHC

Health Care Equipment & Services industry group

3.21

Group distribution

Max: 11.68
Q3: 6.12
GEHC: 3.21
Median: 3.00
Q1: 1.73
Min: -1.31

Largest peers

ISRG: 9.82
SYK: 5.29
ABT: 3.73
UNH: 3.60
GEHC: 3.21
MDT: 2.59
MCK: -30.85

Where GE HealthCare (GEHC) stands on P/B ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

GE HealthCare (GEHC) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: GEHC	Industry group median
P/E Ratio (TTM)	17.42	29.93
P/S Ratio (TTM)	1.72	2.13
P/B Ratio (MRQ)	3.21	3.00
Free Cash Flow Yield (TTM)	4.92%	3.50%