GE HealthCare Technologies Inc

GE HealthCare Technologies Inc

GEHC

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Market Cap$30.72B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
GE HealthCare Technologies IncGE HealthCare Technologies Inc19.50.21%15%1.61.1

Earnings Call Q2 2026

July 29, 2026 - AI Summary

Q2 performance beats expectations (orders strong; revenue solid): - Revenue: $5.3B, +3.5% organic YoY (in line with expectations). - Orders: +11.1% YoY organic (highest since the spin); book-to-bill: 1.15x. - Backlog: $23.9B, +$2.6B YoY and +$2.1B sequentially (record backlog). - Management said orders were broad-based and not driven by one-time items, with some contribution from ~6 enterprise accounts.
Segment mix: strong PDx, challenged PCS (key negative): - Advanced Imaging Solutions (AIS): Organic revenue +5% YoY, EBIT margin +90 bps YoY (volume/price up, inflation partly offset). - Pharmaceutical Diagnostics (PDx): Organic revenue +14.6% YoY; EBIT margin 29.6% (+30 bps YoY) driven by contrast media and U.S. radiopharma growth (disease-specific tracers; examples included Vizamyl and other tracers). - Patient Care Solutions (PCS): Organic revenue -13.5% YoY, EBIT negative due to operational fulfillment/supply issues; management says changes are underway to improve supply/manufacturing and expects sequential improvement in H2 (July started well). - PCS strategic review underway: management is conducting a comprehensive review of strategic options (including sale/transactions), explicitly still considering continued ownership.
Financials, margins, and cash flow (surprising but somewhat cushioned by tariff refunds): - Adjusted EBIT: $750M; margin 14.2% (-40 bps YoY). - EPS: Adjusted EPS $1.13 (+6.6% YoY) helped by $0.04 of tariff refunds and $0.02 from lower tax rate. - Free cash flow: $68M (includes $107M tariff refunds). - Margin headwinds called out: PCS challenge plus incremental inflation (memory chips, oil/freight, components). - Offset/positives: strong volume execution and early benefits from price/cost actions plus higher-margin new products.

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$77.86

Target Price by Analysts

10.8% upsideGE HealthCare Technologies Target Price DetailsTarget Price
$101.42

Current Fair Value

44.4% upside

Undervalued by 44.4% based on the discounted cash flow analysis.

Share Statistics

Market cap$30.72 Billion
Enterprise Value$40.91 Billion
Dividend Yield$0.14 (0.21%)
Earnings per Share$4.56
Beta0.84
Outstanding Shares453,000,000

Return

Return on Equity14.51%ROE
Return on Assets4.27%
Return on Invested Capital8.32%

Valuation & Multiples

P/E Ratio19.55P/E Ratio
PEG109.19PEG
Price to Sales1.6Price to Sales
Price to Book Ratio2.93Price to Book Ratio
Enterprise Value to Revenue2.02
Enterprise Value to EBIT16.99
Enterprise Value to Net Income25
Total Debt to Enterprise0.3
Debt to Equity1.12Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
July 29, 2026
EPS Estimate
$1.04
Average shareholder expectation
Revenue Estimate
$5.26 B
Average shareholder expectation

Next Earnings Call

Expected Date
November 4, 2026
EPS Estimate
$1.22
Average shareholder expectation
Revenue Estimate
$5.35 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.0000 104.12%
Total Calls83 100.00%
Total Puts- 100.00%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %3.85% 81.84%
Total Invested$1.11B 96.00%
Investors Holding519 787.00%

ESG Score

No data

About GE HealthCare Technologies Inc

Relevant Senate Committees

Finance

This powerful committee controls taxation, trade, and entitlement spending. It directly impacts GE HealthCare Technologies through policies related to Medicare and Medicaid reimbursement rates, corporate tax policy, and international trade tariffs.

Appropriations

This committee directly allocates discretionary federal spending. Its subcommittees determine the specific funding for agencies and programs (e.g., NIH, VA, Medicare/Medicaid components) that are major customers or influence the market for GE HealthCare Technologies.

Health, Education, Labor, and Pensions

This committee directly regulates the FDA, which is the primary regulatory body for GE HealthCare Technologies' medical devices and diagnostics. It also oversees NIH funding, impacting research relevant to GEHC's innovation pipeline.

Veterans' Affairs

GE HealthCare Technologies manufactures medical devices and solutions that are likely purchased by the Department of Veterans Affairs (VA). The committee's funding decisions directly impact GEHC's potential sales and revenue from the VA healthcare system.