GEHC vs. SYK: GE HealthCare vs. Stryker Stock Comparison
How do GE HealthCare (GEHC) and Stryker (SYK) 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 Stryker (SYK) 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.
Stryker (SYK) has more than two decades of public-market history since March 17, 1980, whereas GE HealthCare (GEHC) listed on December 15, 2022 and has a much shorter record to draw on.
| Profile Item | GEHC | SYK |
|---|---|---|
| Name | GE HealthCare Technologies Inc. | Stryker Corp. |
| 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 | 124.06 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | December 15, 2022 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | GEHC | SYK |
|---|---|---|
| Total Return (1Y) | 14.21% | -6.99% |
| Total Return (3Y, Annualized) | 7.01% | 7.60% |
| Total Return (5Y, Annualized) | -- | 4.64% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | GEHC | SYK |
|---|---|---|
| Volatility (1Y, Annualized) | 35.93% | 32.80% |
| Beta (5Y) | 0.69 | 0.72 |
| Max Drawdown (5Y) | -37.35% | -32.47% |
| Avg. Volume (3M) | 3.56M | 2.81M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | GEHC | SYK |
|---|---|---|
| Sharpe Ratio (1Y) | 0.28 | -0.34 |
| Sortino Ratio (1Y) | 0.41 | -0.49 |
Profitability
ROE (TTM)
Both GE HealthCare (GEHC) at 20.01% and Stryker (SYK) at 16.02% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
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%
SYK
Health Care Equipment & Services industry group
16.02%
- Max
- 47.61%
- SYK
- 16.02%
- 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 Stryker (SYK) at 13.78% 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%
SYK
Health Care Equipment & Services industry group
13.78%
- Max
- 29.35%
- SYK
- 13.78%
- Q3
- 9.33%
- Median
- 2.18%
- Q1
- -6.29%
- Min
- -28.46%
Operating Margin (TTM)
Both GE HealthCare (GEHC) at 15.33% and Stryker (SYK) at 22.96% 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%
SYK
Health Care Equipment & Services industry group
22.96%
- Max
- 35.43%
- SYK
- 22.96%
- Q3
- 14.14%
- Median
- 6.81%
- Q1
- -0.28%
- Min
- -16.29%
Profitability Metrics
| Metric | GEHC | SYK |
|---|---|---|
| ROE (TTM) | 20.01% | 16.02% |
| ROA (TTM) | 4.99% | 8.36% |
| Net Margin (TTM) | 9.95% | 13.78% |
| Operating Margin (TTM) | 15.33% | 22.96% |
| Gross Margin (TTM) | 39.29% | 65.70% |
Growth
Revenue Growth
Both GE HealthCare (GEHC) at 4.84% and Stryker (SYK) at 11.16% 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 Stryker (SYK) at 8.25% 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 | SYK |
|---|---|---|
| Revenue Growth (YoY) | 4.84% | 11.16% |
| Revenue Growth (3Y CAGR) | 3.99% | 10.83% |
| EPS Growth (YoY) | 4.84% | 8.25% |
| EPS Growth (3Y CAGR) | -0.58% | 10.83% |
Financial Strength
Current Ratio (MRQ)
Stryker (SYK) at 2.18 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.
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
SYK
Health Care Equipment & Services industry group
2.18
- Max
- 7.59
- Q3
- 4.00
- SYK
- 2.18
- Median
- 1.98
- Q1
- 1.37
- Min
- 0.30
Debt / Equity (MRQ)
Both GE HealthCare (GEHC) at 0.88 and Stryker (SYK) at 0.66 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
SYK
Health Care Equipment & Services industry group
0.66
- Max
- 1.88
- Q3
- 0.91
- SYK
- 0.66
- Median
- 0.58
- Q1
- 0.16
- Min
- 0.00
Financial Strength Metrics
| Metric | GEHC | SYK |
|---|---|---|
| Current Ratio (MRQ) | 1.30 | 2.18 |
| Debt / Equity (MRQ) | 0.88 | 0.66 |
| Net Debt / EBITDA | 2.11 | 1.62 |
Dividends
Dividend Yield (TTM)
Both GE HealthCare (GEHC) at 0.17% and Stryker (SYK) at 1.05% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.
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%
SYK
Health Care Equipment & Services industry group
1.05%
- SYK
- 1.05%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both GE HealthCare (GEHC) at 2.96% and Stryker (SYK) at 37.49% pay out more of their earnings than any of their industry peers — the thinnest cover in their groups, so dividend headroom deserves attention.
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%
SYK
Health Care Equipment & Services industry group
37.49%
- SYK
- 37.49%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | GEHC | SYK |
|---|---|---|
| Dividend Yield (TTM) | 0.17% | 1.05% |
| Dividend Payout Ratio (TTM) | 2.96% | 37.49% |
Valuation
P/E Ratio (TTM)
GE HealthCare (GEHC) at 17.42 sits in the cheaper P/E ratio quartile, while Stryker (SYK) at 34.70 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
SYK
Health Care Equipment & Services industry group
34.70
- Max
- 80.41
- Q3
- 47.62
- SYK
- 34.70
- Median
- 29.93
- Q1
- 21.19
- Min
- 4.21
P/S Ratio (TTM)
GE HealthCare (GEHC) at 1.72 is priced about in line with its industry on P/S ratio, while Stryker (SYK) at 4.72 sits in the pricier quartile — SYK costs more per dollar of 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
SYK
Health Care Equipment & Services industry group
4.72
- Max
- 8.80
- SYK
- 4.72
- Q3
- 4.32
- Median
- 2.13
- Q1
- 1.10
- Min
- 0.03
P/B Ratio (MRQ)
On P/B ratio, both GE HealthCare (GEHC) at 3.21 and Stryker (SYK) at 5.29 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
SYK
Health Care Equipment & Services industry group
5.29
- Max
- 11.68
- Q3
- 6.12
- SYK
- 5.29
- Median
- 3.00
- Q1
- 1.73
- Min
- -1.31
Valuation Metrics
| Metric | GEHC | SYK |
|---|---|---|
| P/E Ratio (TTM) | 17.42 | 34.70 |
| P/S Ratio (TTM) | 1.72 | 4.72 |
| P/B Ratio (MRQ) | 3.21 | 5.29 |
| Free Cash Flow Yield (TTM) | 4.92% | 2.98% |