GE HealthCare Technologies Inc.

GEHC Healthcare Medical Devices

GE HealthCare Technologies Inc.’s revenue for fiscal 2025 (year ended December 2025) was $20.6 billion, up 4.84% from fiscal 2024.

Revenue
+7.19%
EPS
+40.6%
Free cash flow
+64.2%
Total debt
−1.90%

Quarter to September 2026, against a year earlier

82.81 0.94 −1.12%
Market cap
$37.9B
P/E
17.5×
Fwd P/E
15.5×
Dividend yield
0.17%
F-score
4/9
Altman Z
1.96
Beneish M
−2.33
Dividend safety
74/100

GE HealthCare Technologies Inc. (GEHC) Operating margin

Alert me on Operating margin

GE HealthCare Technologies Inc.'s operating margin over the twelve months to 30 September 2026 was 13.3%, down 0.1 percentage points from fiscal 2025 (13.4%). Over the past ten years it has ranged from 12.5% (fiscal 2023) to 15.9% (fiscal 2021); the current reading is higher than 57% of that period. That is above the Medical Devices industry median of −15.1% and above the Healthcare sector median of 0.00%.

Operating margin, annual

Embed this chart

Annual newest first

Period Operating margin Change (points)
FY2025 13.4% 0.05
FY2024 13.3% 0.89
FY2023 12.5% (1.30)
FY2022 13.8% (2.14)
FY2021 15.9% 0.04
FY2020 15.9% 3.08
FY2019 12.8% —

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 14.6% 0.62
Jun 2026 14.0% 3.92
Mar 2026 10.0% (4.51)
Dec 2025 14.6% 1.87
15 more quarters

Against its own ten years

Low 12.5% High 15.9%
Ten-year median 13.4%
Current reading's percentile 63

Operating margin against peers

Company Operating margin
DXCM DexCom, Inc. compare 24.0%
EW Edwards Lifesciences Corporation compare 21.6%
STE STERIS plc compare 19.0%
BSX Boston Scientific Corporation compare 18.7%
ZBH Zimmer Biomet Holdings, Inc. compare 13.6%
GEHC GE HealthCare Technologies Inc. 13.3%
PHG Koninklijke Philips N.V. compare 8.68%
SNN Smith & Nephew SNATS, Inc. compare 0.00%
GKOS Glaukos Corporation compare −25.5%
Medical Devices industry median −15.1%
Healthcare sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on GEHC