GE HealthCare Technologies Past Earnings Performance
Past criteria checks 3/6
GE HealthCare Technologies's earnings have been declining at an average annual rate of -5.3%, while the Medical Equipment industry saw earnings growing at 12% annually. Revenues have been growing at an average rate of 3.9% per year. GE HealthCare Technologies's return on equity is 20.3%, and it has net margins of 8.6%.
Key information
-5.3%
Earnings growth rate
-13.3%
EPS growth rate
| Medical Equipment Industry Growth | 8.9% |
| Revenue growth rate | 3.9% |
| Return on equity | 20.3% |
| Net Margin | 8.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
From Spin-Off To Standout: GE HealthCare Is Pretty Impressive
Oct 30GE HealthCare: The Image Of More Upside Is Very Real
Sep 18Are Investors Undervaluing GE HealthCare Technologies Inc. (NASDAQ:GEHC) By 28%?
Sep 05
GE HealthCare Q2 Earnings Recap (Rating Downgrade)
Aug 06GE HealthCare: Near-Term Risks, But Some Interesting Longer-Term Opportunities
Jul 07Is GE HealthCare Technologies (NASDAQ:GEHC) A Risky Investment?
May 21GE HealthCare: Too Soon To Buy After A Mixed Q1 (Rating Downgrade)
May 02GE HealthCare Technologies Inc.'s (NASDAQ:GEHC) Intrinsic Value Is Potentially 100% Above Its Share Price
Apr 25GE Vernova: An Interesting Stalwart To Ride The Energy Transition
Apr 02GE HealthCare Technologies: Growth Prospects Remain Encouraging, And Valuation Is Attractive
Mar 25GE HealthCare Technologies' Roar Higher Isn't Over Yet
Mar 09Revenue & Expenses Breakdown
How GE HealthCare Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 19,559 | 1,675 | 3,817 | 1,282 |
| 30 Jun 24 | 19,518 | 1,584 | 3,767 | 1,288 |
| 31 Mar 24 | 19,495 | 1,574 | 3,755 | 1,259 |
| 31 Dec 23 | 19,552 | 1,389 | 3,767 | 1,205 |
| 30 Sep 23 | 19,284 | 1,534 | 3,653 | 1,161 |
| 30 Jun 23 | 19,038 | 1,643 | 3,681 | 1,099 |
| 31 Mar 23 | 18,705 | 1,698 | 3,637 | 1,058 |
| 31 Dec 22 | 18,341 | 1,898 | 3,621 | 1,026 |
| 30 Sep 22 | 17,992 | 1,914 | 3,652 | 980 |
| 30 Jun 22 | 17,720 | 1,929 | 3,660 | 920 |
| 31 Mar 22 | 17,582 | 2,037 | 3,624 | 859 |
| 31 Dec 21 | 17,585 | 2,229 | 3,564 | 816 |
| 31 Dec 20 | 17,164 | 2,007 | 3,241 | 810 |
| 31 Dec 19 | 16,633 | 1,652 | 3,599 | 833 |
Quality Earnings: GEHC has high quality earnings.
Growing Profit Margin: GEHC's current net profit margins (8.6%) are higher than last year (8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GEHC's earnings have declined by 5.3% per year over the past 5 years.
Accelerating Growth: GEHC's earnings growth over the past year (9.2%) exceeds its 5-year average (-5.3% per year).
Earnings vs Industry: GEHC earnings growth over the past year (9.2%) did not outperform the Medical Equipment industry 10.4%.
Return on Equity
High ROE: Whilst GEHC's Return on Equity (20.3%) is high, this metric is skewed due to their high level of debt.