GE HealthCare Technologies Inc. (GEHC) Stock

GE HealthCare Technologies Inc. (GEHC) is a Healthcare stock trading at $74.04 (as of 2026-08-20), with a market capitalization of $33.68B and a trailing P/E of 17.6. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

GE HealthCare Technologies Inc. develops, manufactures, and markets medical products, services, and complementary digital solutions for diagnosis, treatment, and patient monitoring in multiple regions including the United States, Canada, Europe, the Middle East and Africa, and parts of Asia. It operates across Imaging, Ultrasound, Patient Care Solutions, and Pharmaceutical Diagnostics segments.

Understand GE HealthCare Technologies Inc.: how it makes money

GE HealthCare sells medical imaging, ultrasound, patient care solutions, and pharmaceutical diagnostics used to diagnose, treat, and monitor patients, and it makes money by selling these products and related digital solutions to healthcare providers and customers.

GE HealthCare's profit visibility depends on converting a large backlog of work, reflected in Remaining Performance Obligations (USD_B 14.5), into delivered Imaging, Ultrasound, Patient Care Solutions, and Pharmaceutical Diagnostics revenue.

Revenue by segment (latest quarter)
Imaging$2.3B
Ultrasound$0.8B
Patient Care Solutions$0.7B
Pharmaceutical Diagnostics$0.8B

Business quality (Mixed): Clear official segment categories are provided, and key operating signals include backlog and order flow, but the provided segment revenue figures do not exactly sum to the stated total revenue (5.1B), which suggests rounding or unallocated items.

Valuation: At 15× earnings, GEHC trades 54% below the Medical Equipment average (32×). Note: one-time items can distort reported P/E.

Bull case

  • Backlog supports future revenue conversion: Remaining Performance Obligations are 14.5 USD_B.
  • Order momentum appears positive: Book-to-Bill Ratio is 1.07.
  • Business is diversified across four reportable segments: Imaging, Ultrasound, Patient Care Solutions, and Pharmaceutical Diagnostics each contribute to total revenue, with Imaging the largest at 2.3B.

Bear case

  • Execution risk is suggested by operational ramp and supply constraint actions: The company reports items such as Forcado Dose Ramp (80 percent) and Requalified Parts for Supply Constraints (7,700).
  • Segment profitability visibility varies: Patient Care Solutions shows very small segment earnings before interest and taxes (0.01 USD_B) relative to other segments in the provided data.
  • Imaging concentration could amplify demand swings: Imaging accounts for 2.3B of the provided segment revenues, making results more sensitive to Imaging demand and installation cycles.
Valuation — source: SEC EDGAR (first-party)
Price$74.04
Market Cap$33.68B
P/E Ratio17.6
EV / EBITDA14.1
Price / Book3.15
Price / Sales1.61
FCF Yield0.6%
DCF Value (model)$49.92
DCF Upside vs Price-32.6%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$20.63B
Net Margin10.1%
Revenue Growth (YoY)7.4%
EPS Growth (YoY)-30.9%
FCF Growth (YoY)14.3%
Financial Health — source: SEC EDGAR
Altman Z-Score1.88 (grey)
Valuation vs Sector & Industry
Stock P/E17.6
Sector P/E (Healthcare)21.6
Industry P/E (Medical Equipment)32.9
vs Sector-18.3%
vs Industry-46.3%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($4.29B)
Institutional Holders Tracked10
Congressional Trades (recent)7
Company
SectorHealthcare
IndustryMedical Equipment
CEOPeter J. Arduini
Employees53,000
CountryUS
IPO Date2022-12-15

Related Companies (Business model: Medical Devices / Life Science Tools; 8 closest by market cap; US-domiciled)

  • Edwards Lifesciences Corporation (EW)
  • Becton, Dickinson and Company (BDX)
  • DexCom, Inc. (DXCM)
  • ResMed Inc. (RMD)
  • Medline Inc. (MDLN)
  • West Pharmaceutical Services, Inc. (WST)
  • Zimmer Biomet Holdings, Inc. (ZBH)
  • Butterfly Network, Inc. (BFLY)
GEHC earnings history · GEHC institutional & insider holders · GEHC KPIs & operating metrics · GEHC financials · GEHC investor presentations & press releases · GEHC SEC filings · GEHC peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.