GEHC vs. IDXX: GE HealthCare vs. IDEXX Laboratories Stock Comparison
How do GE HealthCare (GEHC) and IDEXX Laboratories (IDXX) 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
GE HealthCare (GEHC) and IDEXX Laboratories (IDXX) are both classified in the Health Care Equipment sub-industry within the broader Health Care Equipment & Supplies industry, placing them in the closest GICS peer bucket.
IDEXX Laboratories (IDXX) has more than two decades of public-market history since June 21, 1991, whereas GE HealthCare (GEHC) listed on December 15, 2022 and has a much shorter record to draw on.
| Profile Item | GEHC | IDXX |
|---|---|---|
| Name | GE HealthCare Technologies Inc. | IDEXX Laboratories, 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 Equipment & Supplies | Health Care Equipment & Supplies |
| GICS Sub-Industry | Health Care Equipment | Health Care Equipment |
| Market Capitalization | 37.25 billion USD | 53.26 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | December 15, 2022 | June 21, 1991 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | GEHC | IDXX |
|---|---|---|
| Total Return (1Y) | 14.21% | -1.84% |
| Total Return (3Y, Annualized) | 7.01% | 18.42% |
| Total Return (5Y, Annualized) | -- | 2.02% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
IDEXX Laboratories (IDXX) has an aggressive beta of 1.44, indicating higher sensitivity to broad-market moves, while GE HealthCare (GEHC) is defensive at 0.69 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.
| Metric | GEHC | IDXX |
|---|---|---|
| Volatility (1Y, Annualized) | 35.93% | 37.02% |
| Beta (5Y) | 0.69 | 1.44 |
| Max Drawdown (5Y) | -37.35% | -50.91% |
| Avg. Volume (3M) | 3.56M | 564.80K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | GEHC | IDXX |
|---|---|---|
| Sharpe Ratio (1Y) | 0.28 | -0.17 |
| Sortino Ratio (1Y) | 0.41 | -0.28 |
Profitability
ROE (TTM)
Both companies show strong equity returns, but IDEXX Laboratories (IDXX) at 68.93% is the standout with ROE above its industry range; GE HealthCare (GEHC) at 20.01% also sits in the top quartile.
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%
IDXX
Health Care Equipment & Services industry group
68.93%
- IDXX
- 68.93%
- Max
- 47.61%
- Q3
- 14.36%
- Median
- 5.45%
- Q1
- -10.67%
- Min
- -47.01%
Net Margin (TTM)
For every dollar of sales, both GE HealthCare (GEHC) at 9.95% and IDEXX Laboratories (IDXX) at 25.36% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
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%
IDXX
Health Care Equipment & Services industry group
25.36%
- Max
- 29.35%
- IDXX
- 25.36%
- Q3
- 9.33%
- Median
- 2.18%
- Q1
- -6.29%
- Min
- -28.46%
Operating Margin (TTM)
Both GE HealthCare (GEHC) at 15.33% and IDEXX Laboratories (IDXX) at 33.14% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
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%
IDXX
Health Care Equipment & Services industry group
33.14%
- Max
- 35.43%
- IDXX
- 33.14%
- Q3
- 14.14%
- Median
- 6.81%
- Q1
- -0.28%
- Min
- -16.29%
Profitability Metrics
| Metric | GEHC | IDXX |
|---|---|---|
| ROE (TTM) | 20.01% | 68.93% |
| ROA (TTM) | 4.99% | 26.70% |
| Net Margin (TTM) | 9.95% | 25.36% |
| Operating Margin (TTM) | 15.33% | 33.14% |
| Gross Margin (TTM) | 39.29% | 62.72% |
Growth
Revenue Growth
Both GE HealthCare (GEHC) at 4.84% and IDEXX Laboratories (IDXX) at 10.42% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both GE HealthCare (GEHC) at 4.84% and IDEXX Laboratories (IDXX) at 22.59% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | GEHC | IDXX |
|---|---|---|
| Revenue Growth (YoY) | 4.84% | 10.42% |
| Revenue Growth (3Y CAGR) | 3.99% | 8.52% |
| EPS Growth (YoY) | 4.84% | 22.59% |
| EPS Growth (3Y CAGR) | -0.58% | 17.66% |
Financial Strength
Current Ratio (MRQ)
Both GE HealthCare (GEHC) at 1.30 and IDEXX Laboratories (IDXX) at 1.19 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
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
IDXX
Health Care Equipment & Services industry group
1.19
- Max
- 7.59
- Q3
- 4.00
- Median
- 1.98
- Q1
- 1.37
- IDXX
- 1.19
- Min
- 0.30
Debt / Equity (MRQ)
Both GE HealthCare (GEHC) at 0.88 and IDEXX Laboratories (IDXX) at 0.52 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
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
IDXX
Health Care Equipment & Services industry group
0.52
- Max
- 1.88
- Q3
- 0.91
- Median
- 0.58
- IDXX
- 0.52
- Q1
- 0.16
- Min
- 0.00
Financial Strength Metrics
| Metric | GEHC | IDXX |
|---|---|---|
| Current Ratio (MRQ) | 1.30 | 1.19 |
| Debt / Equity (MRQ) | 0.88 | 0.52 |
| Net Debt / EBITDA | 2.11 | 0.46 |
Dividends
Dividend Yield (TTM)
IDEXX Laboratories (IDXX) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile GE HealthCare (GEHC) reports a yield of 0.17%, ranking against industry peers normally.
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%
IDXX
Health Care Equipment & Services industry group
0.00%
- IDXX
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
IDEXX Laboratories (IDXX) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile GE HealthCare (GEHC) reports a payout of 2.96%, ranking against industry peers normally.
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%
IDXX
Health Care Equipment & Services industry group
0.00%
- IDXX
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | GEHC | IDXX |
|---|---|---|
| Dividend Yield (TTM) | 0.17% | 0.00% |
| Dividend Payout Ratio (TTM) | 2.96% | 0.00% |
Valuation
P/E Ratio (TTM)
GE HealthCare (GEHC) at 17.42 sits in the cheaper P/E ratio quartile, while IDEXX Laboratories (IDXX) at 45.56 is closer to its industry’s usual earnings multiple — a discount for GEHC, though growth and earnings durability still matter.
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
IDXX
Health Care Equipment & Services industry group
45.56
- Max
- 80.41
- Q3
- 47.62
- IDXX
- 45.56
- Median
- 29.93
- Q1
- 21.19
- Min
- 4.21
P/S Ratio (TTM)
GE HealthCare (GEHC) at 1.72 prices around its industry’s typical P/S ratio, while IDEXX Laboratories (IDXX) at 11.42 clears its benchmark range — IDXX looks notably rich on sales.
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
IDXX
Health Care Equipment & Services industry group
11.42
- IDXX
- 11.42
- Max
- 8.80
- Q3
- 4.32
- Median
- 2.13
- Q1
- 1.10
- Min
- 0.03
P/B Ratio (MRQ)
GE HealthCare (GEHC) at 3.21 sits near its industry’s typical P/B ratio, while IDEXX Laboratories (IDXX) at 28.50 prices above its benchmark range — IDXX looks rich relative to book.
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
IDXX
Health Care Equipment & Services industry group
28.50
- IDXX
- 28.50
- Max
- 11.68
- Q3
- 6.12
- Median
- 3.00
- Q1
- 1.73
- Min
- -1.31
Valuation Metrics
| Metric | GEHC | IDXX |
|---|---|---|
| P/E Ratio (TTM) | 17.42 | 45.56 |
| P/S Ratio (TTM) | 1.72 | 11.42 |
| P/B Ratio (MRQ) | 3.21 | 28.50 |
| Free Cash Flow Yield (TTM) | 4.92% | 2.00% |