TORVANTA
Health Care · S&P 500 · data as of 2026-10-05

GEHC stock analysis: GE HealthCare

GE HealthCare (GEHC) is an S&P 500 company in Health Care Equipment. It grades weakest on momentum and growth.

The model's view of GEHC · subscribers

Where GEHC ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with GEHC · updated 2026-10-05 · from prices and SEC filings

GEHC price performance

GEHC against the S&P 500, one year
-20%+0%+20%S&P 500 +18%GEHC -10%2025-09-292026-10-05
Year to date-19.7%S&P 500 +14.5% · behind by 34.2 pts
1 year-14.0%S&P 500 +17.0% · behind by 31.0 pts
3 years-2.2%S&P 500 +89.3% · behind by 91.5 pts

Total returns with dividends reinvested.

GEHC factor grades

Each grade compares GEHC with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

B+ValueP/E 15.7x (industry 28.8x)FCF yield 5.6% (industry 4.4%)
D+GrowthRevenue growth +6% (industry +9%)EPS growth -12% (industry +11%)
CProfitabilityOperating margin 12.6% (industry 18.5%)ROIC 10.9% (industry 11.1%)
D+Momentum12-month change -14%From 52-wk high -25%

GEHC in plain numbers

GEHC key statistics

SectorHealth Care
IndustryHealth Care Equipment
IndexS&P 500
Market value$29.9B
Revenue growth (y/y)+6%
Free-cash-flow yield5.6%
Dividend yield0.2%
Next earnings (expected)2026-10-28
Valuation measures
Market value$29.9B
Enterprise value$37.8B
P/E (trailing)15.7x
Forward P/E (Torvanta estimate)15.8x
Price / sales1.4x
Price / book2.8x
EV / revenue1.8x
EV / EBITDA14.3x
Financial highlights
Revenue, last 12 months$21.0B
Net income, last 12 months$1.9B
EPS, last 12 months (GAAP)$4.18
Gross margin39.1%
Operating margin12.6%
Net margin9.1%
Return on equity19.2%
Return on invested capital10.9%
Cash$2.3B
Total debt$10.1B
Debt / equity0.95x
Current ratio1.22x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

GEHC earnings trends

Revenue vs earnings
$0$1.4B$2.8B$4.3B$5.7BJun 2024 Revenue: $4.8BSep 2024 Revenue: $4.9BDec 2024 Revenue: $5.3BMar 2025 Revenue: $4.8BJun 2025 Revenue: $5.0BSep 2025 Revenue: $5.1BDec 2025 Revenue: $5.7BMar 2026 Revenue: $5.1BJun 2024 Net income: $428.0MSep 2024 Net income: $470.0MDec 2024 Net income: $721.0MMar 2025 Net income: $564.0MJun 2025 Net income: $486.0MSep 2025 Net income: $446.0MDec 2025 Net income: $589.0MMar 2026 Net income: $389.0MJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Net margin: 8.8%Net margin: 9.7%Net margin: 13.6%Net margin: 11.8%Net margin: 9.7%Net margin: 8.7%Net margin: 10.3%Net margin: 7.6%0%7%14%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$0.4$0.8$1.2$1.6Jun 2024 EPS (GAAP, diluted): $0.9Sep 2024 EPS (GAAP, diluted): $1.0Dec 2024 EPS (GAAP, diluted): $1.6Mar 2025 EPS (GAAP, diluted): $1.2Jun 2025 EPS (GAAP, diluted): $1.1Sep 2025 EPS (GAAP, diluted): $1.0Dec 2025 EPS (GAAP, diluted): $1.3Mar 2026 EPS (GAAP, diluted): $0.9Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026■ EPS (GAAP, diluted) Change from a year earlier: Jun 2025 +14% · Sep 2025 -4% · Dec 2025 -18% · Mar 2026 -31%

From the company's 10-Q and 10-K filings with the SEC.

GE HealthCare financials (from SEC filings)

Fiscal yearFY2022FY2023FY2024FY2025
Revenue$18.3B$19.6B$19.7B$20.6B
Net income$1.9B$1.6B$2.0B$2.1B
EPS (GAAP)$4.22$3.02$4.33$4.56

GEHC earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-04-29$0.85-31%+7%-12.2%
2026-02-04$1.29-18%+7%+6.2%
2025-10-29$0.98-4%+6%-4.5%
2025-07-30$1.06+14%+3%-7.7%
2025-04-30$1.23+52%+3%-1.4%
2025-02-13$1.57+78%+2%+6.3%

About GE HealthCare

HeadquartersChicago, IL
Industry (SEC code)X-Ray Apparatus & Tubes & Related Irradiation Apparatus
Fiscal year endsDecember 31
Incorporated inDE
Listed onNasdaq
FormerlyGE Healthcare Holding LLC

From the company's SEC registration record.

Companies similar to GEHC

CompanyMarket valueP/ERevenue growthOperating margin12-month change
GEHC GE HealthCare$29.9B15.7x+6%12.6%-14%
RMD ResMed$32.1B21.4x+10%33.4%-19%compare
DXCM DexCom$32.8B34.5x+16%22.9%+30%compare
IDXX IDEXX$41.5B37.0x+13%32.0%-16%compare
STE Steris$20.6Bn/a+8%18.9%-12%
BDX Becton Dickinson$49.2B54.4x-3%9.6%+22%
EW Edwards Lifesciences$50.3B50.1x+15%22.3%+13%

All Health Care stock ratings

Frequently asked questions

Is GEHC stock a buy?

Torvanta does not tell individuals what to buy. Its grades for GEHC are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is GEHC's P/E ratio?

GEHC trades at about 15.7 times its last 12 months of GAAP earnings reported to the SEC, and about 15.8 times Torvanta's own estimate of the next 12 months.

When does GEHC report earnings next?

Based on its filing history, Torvanta expects GE HealthCare to report around 2026-10-28.

Does GEHC pay a dividend?

Yes. Its dividend yield is about 0.2%, and it has raised its dividend 2 years in a row.

How has GEHC performed against the S&P 500?

Over the past year GEHC returned -14.0%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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