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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.

Company profile comparison for GE HealthCare (GEHC) and Stryker (SYK)
Profile ItemGEHCSYK
NameGE HealthCare Technologies Inc.Stryker Corp.
Country/RegionUnited StatesUnited States
GICS SectorHealth CareHealth Care
GICS Industry GroupHealth Care Equipment & ServicesHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & SuppliesHealth Care Equipment & Supplies
GICS Sub-IndustryHealth Care EquipmentHealth Care Equipment
Market Capitalization37.25 billion USD124.06 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateDecember 15, 2022March 17, 1980
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

GEHC
SYK
GSPC
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GE HealthCare (GEHC) vs. Stryker (SYK), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for GE HealthCare (GEHC) and Stryker (SYK). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for GE HealthCare (GEHC) and Stryker (SYK). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for GE HealthCare (GEHC) and Stryker (SYK)
MetricGEHCSYK
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

GEHC
SYK
GSPC
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GE HealthCare (GEHC) vs. Stryker (SYK), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for GE HealthCare (GEHC) and Stryker (SYK). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for GE HealthCare (GEHC) and Stryker (SYK)
MetricGEHCSYK
Volatility (1Y, Annualized)35.93%32.80%
Beta (5Y)0.690.72
Max Drawdown (5Y)-37.35%-32.47%
Avg. Volume (3M)3.56M2.81M

Risk-Adjusted Performance

Risk-Return Positioning

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GEHC and SYK are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for GE HealthCare (GEHC) and Stryker (SYK)
MetricGEHCSYK
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%
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GE HealthCare (GEHC) vs. Stryker (SYK): A comparison of their ROE against the Health Care Equipment & Services industry group benchmark.

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%
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GE HealthCare (GEHC) vs. Stryker (SYK): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

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%
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GE HealthCare (GEHC) vs. Stryker (SYK): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for GE HealthCare (GEHC) and Stryker (SYK)
MetricGEHCSYK
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.

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GE HealthCare (GEHC) vs. Stryker (SYK): A comparison of their Revenue Growth across different time periods.

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.

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GE HealthCare (GEHC) vs. Stryker (SYK): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for GE HealthCare (GEHC) and Stryker (SYK)
MetricGEHCSYK
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
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GE HealthCare (GEHC) vs. Stryker (SYK): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

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
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GE HealthCare (GEHC) vs. Stryker (SYK): A comparison of their debt-to-equity ratio against the Health Care Equipment & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for GE HealthCare (GEHC) and Stryker (SYK)
MetricGEHCSYK
Current Ratio (MRQ)1.302.18
Debt / Equity (MRQ)0.880.66
Net Debt / EBITDA2.111.62

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%
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GE HealthCare (GEHC) vs. Stryker (SYK): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

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%
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GE HealthCare (GEHC) vs. Stryker (SYK): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for GE HealthCare (GEHC) and Stryker (SYK)
MetricGEHCSYK
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
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GE HealthCare (GEHC) vs. Stryker (SYK): A comparison of their P/E ratio against the Health Care Equipment & Services industry group benchmark.

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
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GE HealthCare (GEHC) vs. Stryker (SYK): A comparison of their P/S ratio against the Health Care Equipment & Services industry group benchmark.

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
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GE HealthCare (GEHC) vs. Stryker (SYK): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for GE HealthCare (GEHC) and Stryker (SYK)
MetricGEHCSYK
P/E Ratio (TTM)17.4234.70
P/S Ratio (TTM)1.724.72
P/B Ratio (MRQ)3.215.29
Free Cash Flow Yield (TTM)4.92%2.98%