GEHC vs. SOLV: GE HealthCare vs. Solventum Stock Comparison
How do GE HealthCare (GEHC) and Solventum (SOLV) 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 Solventum (SOLV) both belong to the Health Care Equipment & Supplies industry, though GEHC is classified under Health Care Equipment while SOLV falls under Health Care Supplies.
| Profile Item | GEHC | SOLV |
|---|---|---|
| Name | GE HealthCare Technologies Inc. | Solventum Corporation |
| 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 Supplies |
| Market Capitalization | 37.25 billion USD | 15.36 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | December 15, 2022 | March 26, 2024 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | GEHC | SOLV |
|---|---|---|
| Total Return (1Y) | 14.21% | 25.89% |
| Total Return (3Y, Annualized) | 7.01% | -- |
| Total Return (5Y, Annualized) | -- | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | GEHC | SOLV |
|---|---|---|
| Volatility (1Y, Annualized) | 35.93% | 30.06% |
| Beta (5Y) | 0.69 | 0.62 |
| Max Drawdown (5Y) | -37.35% | -39.98% |
| Avg. Volume (3M) | 3.56M | 1.05M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | GEHC | SOLV |
|---|---|---|
| Sharpe Ratio (1Y) | 0.28 | 0.72 |
| Sortino Ratio (1Y) | 0.41 | 1.08 |
Profitability
ROE (TTM)
GE HealthCare (GEHC) at 20.01% sits in the top ROE quartile, while Solventum (SOLV) at 3.19% is closer to the peer norm — stronger capital efficiency for GEHC.
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%
SOLV
Health Care Equipment & Services industry group
3.19%
- Max
- 47.61%
- Q3
- 14.36%
- Median
- 5.45%
- SOLV
- 3.19%
- 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 Solventum (SOLV) at 1.91%, which keeps about the industry-typical share.
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%
SOLV
Health Care Equipment & Services industry group
1.91%
- Max
- 29.35%
- Q3
- 9.33%
- Median
- 2.18%
- SOLV
- 1.91%
- Q1
- -6.29%
- Min
- -28.46%
Operating Margin (TTM)
GE HealthCare (GEHC) at 15.33% operates in the top operating margin quartile, ahead of Solventum (SOLV) at 6.82%, which runs around its industry’s norm.
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%
SOLV
Health Care Equipment & Services industry group
6.82%
- Max
- 35.43%
- Q3
- 14.14%
- SOLV
- 6.82%
- Median
- 6.81%
- Q1
- -0.28%
- Min
- -16.29%
Profitability Metrics
| Metric | GEHC | SOLV |
|---|---|---|
| ROE (TTM) | 20.01% | 3.19% |
| ROA (TTM) | 4.99% | 2.29% |
| Net Margin (TTM) | 9.95% | 1.91% |
| Operating Margin (TTM) | 15.33% | 6.82% |
| Gross Margin (TTM) | 39.29% | 55.13% |
Growth
Revenue Growth
GE HealthCare (GEHC) at 4.84% is around its peer norm for revenue growth, while Solventum (SOLV) at 0.86% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Solventum (SOLV) at 221.74% clears its industry range for EPS growth, a much stronger earnings trajectory than GE HealthCare (GEHC) at 4.84%, which is closer to a typical peer reading.
Growth Metrics
| Metric | GEHC | SOLV |
|---|---|---|
| Revenue Growth (YoY) | 4.84% | 0.86% |
| Revenue Growth (3Y CAGR) | 3.99% | 0.79% |
| EPS Growth (YoY) | 4.84% | 221.74% |
| EPS Growth (3Y CAGR) | -0.58% | 4.51% |
Financial Strength
Current Ratio (MRQ)
Both GE HealthCare (GEHC) at 1.30 and Solventum (SOLV) at 1.03 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
SOLV
Health Care Equipment & Services industry group
1.03
- Max
- 7.59
- Q3
- 4.00
- Median
- 1.98
- Q1
- 1.37
- SOLV
- 1.03
- Min
- 0.30
Debt / Equity (MRQ)
GE HealthCare (GEHC) at 0.88 carries an industry-typical debt-to-equity mix, while Solventum (SOLV) at 1.10 uses more debt funding than most peers.
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
SOLV
Health Care Equipment & Services industry group
1.10
- Max
- 1.88
- SOLV
- 1.10
- Q3
- 0.91
- Median
- 0.58
- Q1
- 0.16
- Min
- 0.00
Financial Strength Metrics
| Metric | GEHC | SOLV |
|---|---|---|
| Current Ratio (MRQ) | 1.30 | 1.03 |
| Debt / Equity (MRQ) | 0.88 | 1.10 |
| Net Debt / EBITDA | 2.11 | 4.66 |
Dividends
Dividend Yield (TTM)
Solventum (SOLV) 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%
SOLV
Health Care Equipment & Services industry group
0.00%
- SOLV
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Solventum (SOLV) 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%
SOLV
Health Care Equipment & Services industry group
0.00%
- SOLV
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | GEHC | SOLV |
|---|---|---|
| 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 Solventum (SOLV) at 101.55 trades above its peer range — a wide earnings-valuation gap relative to industry peers.
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
SOLV
Health Care Equipment & Services industry group
101.55
- SOLV
- 101.55
- Max
- 80.41
- Q3
- 47.62
- Median
- 29.93
- Q1
- 21.19
- Min
- 4.21
P/S Ratio (TTM)
On P/S ratio, both GE HealthCare (GEHC) at 1.72 and Solventum (SOLV) at 1.88 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
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
SOLV
Health Care Equipment & Services industry group
1.88
- Max
- 8.80
- Q3
- 4.32
- Median
- 2.13
- SOLV
- 1.88
- Q1
- 1.10
- Min
- 0.03
P/B Ratio (MRQ)
On P/B ratio, both GE HealthCare (GEHC) at 3.21 and Solventum (SOLV) at 3.20 are valued close to their industries’ norm against book — neither stands out from peers.
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
SOLV
Health Care Equipment & Services industry group
3.20
- Max
- 11.68
- Q3
- 6.12
- SOLV
- 3.20
- Median
- 3.00
- Q1
- 1.73
- Min
- -1.31
Valuation Metrics
| Metric | GEHC | SOLV |
|---|---|---|
| P/E Ratio (TTM) | 17.42 | 101.55 |
| P/S Ratio (TTM) | 1.72 | 1.88 |
| P/B Ratio (MRQ) | 3.21 | 3.20 |
| Free Cash Flow Yield (TTM) | 4.92% | 1.31% |