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GEHC

GE HealthCare

Health Care Equipment

Health Care EquipmentAnalysis in progress
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Business at a glance

Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work

Operating health52
Growth40
Profitability48
Cash generation43
Balance sheet47
Dilution control79
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)7.2%Revenue growth (FY)4.8%Revenue CAGR (3y)4.0%Gross margin40.0%Operating margin13.4%Net margin10.1%Free cash flow margin7.3%R&D / revenue6.1%Stock comp / revenue0.6%Net debt / operating cash flow3.28xCurrent ratio1.37Diluted share count change-0.2%
Fiscal year endingFY 2021-12FY 2022-12FY 2023-12FY 2024-12FY 2025-12
Revenue$17.6B$18.3B$19.6B$19.7B$20.6B
Gross profit$7.2B$7.2B$7.9B$8.2B$8.2B
Operating income$2.8B$2.5B$2.4B$2.6B$2.8B
Net income$2.2B$1.9B$1.6B$2.0B$2.1B
Operating cash flow$1.6B$2.1B$2.1B$2.0B$2.0B
Capital expenditure$248M$310M$387M$401M$482M
Free cash flow$1.4B$1.8B$1.7B$1.6B$1.5B
R&D$816M$1.0B$1.2B$1.3B$1.3B
Stock-based comp$76M$67M$114M$125M$130M
Buybacks——$0$0$200M
Dividends$0$0$41M$55M$64M
Cash$561M$1.4B$2.5B$2.9B$4.5B
Total debt—$8.3B$11.4B$12.0B$11.0B
Equity$16.7B$9.4B$7.1B$8.4B$10.4B

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