CAH vs. GEHC: Cardinal Health vs. GE HealthCare Stock Comparison
How do Cardinal Health (CAH) and GE HealthCare (GEHC) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Cardinal Health (CAH) and GE HealthCare (GEHC) both fall under the Health Care Equipment & Services industry group, but CAH is classified in Health Care Providers & Services while GEHC is classified in Health Care Equipment & Supplies.
Cardinal Health (CAH) has more than two decades of public-market history since August 4, 1983, whereas GE HealthCare (GEHC) listed on December 15, 2022 and has a much shorter record to draw on.
| Profile Item | CAH | GEHC |
|---|---|---|
| Name | Cardinal Health, Inc. | GE HealthCare Technologies Inc. |
| Country/Region | United States | United States |
| GICS Sector | Health Care | Health Care |
| GICS Industry Group | Health Care Equipment & Services | Health Care Equipment & Services |
| GICS Industry | Health Care Providers & Services | Health Care Equipment & Supplies |
| GICS Sub-Industry | Health Care Distributors | Health Care Equipment |
| Market Capitalization | 62.80 billion USD | 37.25 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | August 4, 1983 | December 15, 2022 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CAH | GEHC |
|---|---|---|
| Total Return (1Y) | 35.44% | 14.21% |
| Total Return (3Y, Annualized) | 40.52% | 7.01% |
| Total Return (5Y, Annualized) | 43.73% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CAH | GEHC |
|---|---|---|
| Volatility (1Y, Annualized) | 25.91% | 35.93% |
| Beta (5Y) | 0.49 | 0.69 |
| Max Drawdown (5Y) | -20.95% | -37.35% |
| Avg. Volume (3M) | 1.77M | 3.56M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CAH | GEHC |
|---|---|---|
| Sharpe Ratio (1Y) | 1.20 | 0.28 |
| Sortino Ratio (1Y) | 1.90 | 0.41 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: GE HealthCare (GEHC) earns 20.01% on shareholders’ equity, ranked against its industry; Cardinal Health (CAH) has no ROE this period.
CAH
Health Care Equipment & Services industry group
--
- Max
- 47.61%
- Q3
- 14.36%
- Median
- 5.45%
- Q1
- -10.67%
- Min
- -47.01%
- CAH
- --
GEHC
Health Care Equipment & Services industry group
20.01%
- Max
- 47.61%
- GEHC
- 20.01%
- Q3
- 14.36%
- Median
- 5.45%
- Q1
- -10.67%
- Min
- -47.01%
Net Margin (TTM)
GE HealthCare (GEHC) at 9.95% retains a top-quartile share of revenue as profit, ahead of Cardinal Health (CAH) at 0.71%, which keeps about the industry-typical share.
CAH
Health Care Equipment & Services industry group
0.71%
- Max
- 29.35%
- Q3
- 9.33%
- Median
- 2.18%
- CAH
- 0.71%
- Q1
- -6.29%
- Min
- -28.46%
GEHC
Health Care Equipment & Services industry group
9.95%
- Max
- 29.35%
- GEHC
- 9.95%
- Q3
- 9.33%
- Median
- 2.18%
- Q1
- -6.29%
- Min
- -28.46%
Operating Margin (TTM)
GE HealthCare (GEHC) at 15.33% operates in the top operating margin quartile, ahead of Cardinal Health (CAH) at 1.34%, which runs around its industry’s norm.
CAH
Health Care Equipment & Services industry group
1.34%
- Max
- 35.43%
- Q3
- 14.14%
- Median
- 6.81%
- CAH
- 1.34%
- Q1
- -0.28%
- Min
- -16.29%
GEHC
Health Care Equipment & Services industry group
15.33%
- Max
- 35.43%
- GEHC
- 15.33%
- Q3
- 14.14%
- Median
- 6.81%
- Q1
- -0.28%
- Min
- -16.29%
Profitability Metrics
| Metric | CAH | GEHC |
|---|---|---|
| ROE (TTM) | -- | 20.01% |
| ROA (TTM) | 3.72% | 4.99% |
| Net Margin (TTM) | 0.71% | 9.95% |
| Operating Margin (TTM) | 1.34% | 15.33% |
| Gross Margin (TTM) | 3.90% | 39.29% |
Growth
Revenue Growth
Both Cardinal Health (CAH) at 14.23% and GE HealthCare (GEHC) at 4.84% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Cardinal Health (CAH) at 12.09% and GE HealthCare (GEHC) at 4.84% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | CAH | GEHC |
|---|---|---|
| Revenue Growth (YoY) | 14.23% | 4.84% |
| Revenue Growth (3Y CAGR) | 7.44% | 3.99% |
| EPS Growth (YoY) | 12.09% | 4.84% |
| EPS Growth (3Y CAGR) | 93.37% | -0.58% |
Financial Strength
Current Ratio (MRQ)
Both Cardinal Health (CAH) at 0.89 and GE HealthCare (GEHC) at 1.30 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
CAH
Health Care Equipment & Services industry group
0.89
- Max
- 7.59
- Q3
- 4.00
- Median
- 1.98
- Q1
- 1.37
- CAH
- 0.89
- Min
- 0.30
GEHC
Health Care Equipment & Services industry group
1.30
- Max
- 7.59
- Q3
- 4.00
- Median
- 1.98
- Q1
- 1.37
- GEHC
- 1.30
- Min
- 0.30
Debt / Equity (MRQ)
Only one side’s leverage can be read here: GE HealthCare (GEHC) carries debt-to-equity ratio of 0.88 against its industry range, while Cardinal Health (CAH) reports no figure this period.
CAH
Health Care Equipment & Services industry group
--
- Max
- 1.88
- Q3
- 0.91
- Median
- 0.58
- Q1
- 0.16
- Min
- 0.00
- CAH
- --
GEHC
Health Care Equipment & Services industry group
0.88
- Max
- 1.88
- Q3
- 0.91
- GEHC
- 0.88
- Median
- 0.58
- Q1
- 0.16
- Min
- 0.00
Financial Strength Metrics
| Metric | CAH | GEHC |
|---|---|---|
| Current Ratio (MRQ) | 0.89 | 1.30 |
| Debt / Equity (MRQ) | -- | 0.88 |
| Net Debt / EBITDA | 0.81 | 2.11 |
Dividends
Dividend Yield (TTM)
Both Cardinal Health (CAH) at 0.77% and GE HealthCare (GEHC) at 0.17% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.
CAH
Health Care Equipment & Services industry group
0.77%
- CAH
- 0.77%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
GEHC
Health Care Equipment & Services industry group
0.17%
- GEHC
- 0.17%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Cardinal Health (CAH) at 26.56% and GE HealthCare (GEHC) at 2.96% pay out more of their earnings than any of their industry peers — the thinnest cover in their groups, so dividend headroom deserves attention.
CAH
Health Care Equipment & Services industry group
26.56%
- CAH
- 26.56%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
GEHC
Health Care Equipment & Services industry group
2.96%
- GEHC
- 2.96%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CAH | GEHC |
|---|---|---|
| Dividend Yield (TTM) | 0.77% | 0.17% |
| Dividend Payout Ratio (TTM) | 26.56% | 2.96% |
Valuation
P/E Ratio (TTM)
GE HealthCare (GEHC) at 17.42 sits in the cheaper P/E ratio quartile, while Cardinal Health (CAH) at 35.15 is closer to its industry’s usual earnings multiple — a discount for GEHC, though growth and earnings durability still matter.
CAH
Health Care Equipment & Services industry group
35.15
- Max
- 80.41
- Q3
- 47.62
- CAH
- 35.15
- Median
- 29.93
- Q1
- 21.19
- Min
- 4.21
GEHC
Health Care Equipment & Services industry group
17.42
- Max
- 80.41
- Q3
- 47.62
- Median
- 29.93
- Q1
- 21.19
- GEHC
- 17.42
- Min
- 4.21
P/S Ratio (TTM)
Cardinal Health (CAH) at 0.24 sits in the cheaper P/S ratio quartile while GE HealthCare (GEHC) at 1.72 prices around its industry’s middle — CAH costs less per dollar of sales, though read it alongside growth and margins.
CAH
Health Care Equipment & Services industry group
0.24
- Max
- 8.80
- Q3
- 4.32
- Median
- 2.13
- Q1
- 1.10
- CAH
- 0.24
- Min
- 0.03
GEHC
Health Care Equipment & Services industry group
1.72
- Max
- 8.80
- Q3
- 4.32
- Median
- 2.13
- GEHC
- 1.72
- Q1
- 1.10
- Min
- 0.03
P/B Ratio (MRQ)
Cardinal Health (CAH) reports a negative P/B ratio of -20.84, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile GE HealthCare (GEHC) reports 3.21, ranking against industry peers normally.
CAH
Health Care Equipment & Services industry group
-20.84
- Max
- 11.68
- Q3
- 6.12
- Median
- 3.00
- Q1
- 1.73
- Min
- -1.31
- CAH
- -20.84
GEHC
Health Care Equipment & Services industry group
3.21
- Max
- 11.68
- Q3
- 6.12
- GEHC
- 3.21
- Median
- 3.00
- Q1
- 1.73
- Min
- -1.31
Valuation Metrics
| Metric | CAH | GEHC |
|---|---|---|
| P/E Ratio (TTM) | 35.15 | 17.42 |
| P/S Ratio (TTM) | 0.24 | 1.72 |
| P/B Ratio (MRQ) | -20.84 | 3.21 |
| Free Cash Flow Yield (TTM) | 7.99% | 4.92% |