GEHC vs. SNN: GE HealthCare vs. Smith & Nephew Stock Comparison

Company Profile

GE HealthCare (GEHC) and Smith & Nephew (SNN) 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.

Smith & Nephew (SNN) has more than two decades of public-market history since November 16, 1999, whereas GE HealthCare (GEHC) listed on December 15, 2022 and has a much shorter record to draw on.

GE HealthCare (GEHC) trades as ordinary local shares, while Smith & Nephew (SNN) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

GE HealthCare (GEHC) at 20.01% sits in the top ROE quartile, while Smith & Nephew (SNN) at 11.85% is closer to the peer norm — stronger capital efficiency for GEHC.

For every dollar of sales, both GE HealthCare (GEHC) at 9.95% and Smith & Nephew (SNN) at 10.08% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

Both GE HealthCare (GEHC) at 15.33% and Smith & Nephew (SNN) at 14.47% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

Profitability Metrics

Growth

Both GE HealthCare (GEHC) at 4.84% and Smith & Nephew (SNN) at 6.09% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Smith & Nephew (SNN) at 52.34% sits in the top EPS growth quartile, while GE HealthCare (GEHC) at 4.84% is closer to the peer norm — faster per-share earnings growth for SNN.

Growth Metrics

Financial Strength

Smith & Nephew (SNN) at 2.14 keeps current ratio within its industry’s typical mid-range, while GE HealthCare (GEHC) at 1.30 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for GEHC.

Both GE HealthCare (GEHC) at 0.88 and Smith & Nephew (SNN) at 0.73 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

Financial Strength Metrics

Dividends

Both GE HealthCare (GEHC) at 0.17% and Smith & Nephew (SNN) at 1.24% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.

Both GE HealthCare (GEHC) at 2.96% and Smith & Nephew (SNN) at 53.20% pay out more of their earnings than any of their industry peers — the thinnest cover in their groups, so dividend headroom deserves attention.

Dividend Metrics

Valuation

GE HealthCare (GEHC) at 17.42 sits in the cheaper P/E ratio quartile, while Smith & Nephew (SNN) at 21.19 is closer to its industry’s usual earnings multiple — a discount for GEHC, though growth and earnings durability still matter.

On P/S ratio, both GE HealthCare (GEHC) at 1.72 and Smith & Nephew (SNN) at 2.07 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

GE HealthCare (GEHC) at 3.21 sits near its industry’s typical P/B ratio, while Smith & Nephew (SNN) at 12.80 prices above its benchmark range — SNN looks rich relative to book.

Valuation Metrics