GE HealthCare Technologies Inc. Financial Ratios — GEHC34

Profitability (USD)

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	14.32	14.73	16.8	25.59	22.14
Return on Assets (%)	- -	- -	8.89	7.12	5.23	6.08	5.95
Return on Capital (%)	- -	- -	13.72	10.86	10.7	13.28	12.06
Return on Invested Capital (%)	- -	- -	13.37	10.86	9.3	11.67	10.83
Gross Margin (%)	39.37	39.43	40.8	39.14	40.52	41.71	39.99
EBITDA Margin (%)	16.73	19.52	19.45	17.2	15.57	16.29	16.2
Operating Margin (%)	12.77	15.85	15.89	13.75	12.45	13.34	13.39
Incremental Operating Margin (%)	- -	112.24	17.81	- -	- -	158.33	14.38
Pretax Margin (%)	12.57	15.79	16.35	13.7	12.08	13.12	13.42
Profit Margin (%)	9.16	80.67	12.78	10.45	8.02	10.13	10.1
Net Income to Common Margin (%)	9.16	80.67	12.78	10.45	7.08	10.13	10.1
Effective Tax Rate (%)	19.61	24.06	20.87	22.41	31.47	20.57	22.18
Dvd Payout Ratio (%)	- -	- -	- -	- -	-9.59	2.61	2.88
Sustainable Growth Rate (%)	- -	- -	14.32	14.73	18.41	24.92	21.5

Credit (USD)

Credit Ratios API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	- -	468	437	8,635	9,863	9,376	10,463
ST Debt	- -	132	110	119	1,116	1,617	642
LT Debt	- -	336	327	8,516	8,747	7,759	9,821
Total Debt/EBITDA	- -	0.14	0.13	2.74	3.24	2.93	3.13
Net Debt/EBITDA	- -	-0.29	-0.15	2.16	2.28	1.9	1.65
Total Debt/EBIT	- -	0.17	0.16	3.42	4.05	3.57	3.79
Net Debt/EBIT	- -	-0.35	-0.18	2.7	2.85	2.32	1.99
EBITDA to Interest Expense	31.63	50.76	85.5	36.69	5.62	6.35	7.59
EBITDA-CapEx/Interest Expense	27.86	46.83	79.15	33.08	4.9	5.55	6.5
EBIT to Interest Expense	24.14	41.21	69.88	29.33	4.49	5.2	6.28
Interest Expense	88	66	40	86	542	505	440
Common Equity/Total Assets	- -	60.79	63.31	33.98	21.98	25.53	28.12
Long-Term Debt/Equity (%)	- -	2.28	1.94	88.78	119.66	89.68	92.66
Long-Term Debt/Capital (%)	- -	2.21	1.89	46.72	50.93	43.04	46.63
Long-Term Debt/Total Assets (%)	- -	1.39	1.24	30.92	26.95	23.45	26.61
Total Debt/Equity (%)	- -	3.17	2.59	90.02	134.92	108.37	98.72
Total Debt/Capital (%)	- -	3.08	2.52	47.37	57.43	52.01	49.68
Total Debt/Total Assets (%)	- -	1.93	1.66	31.36	30.39	28.34	28.35
Net Debt to Equity	- -	-6.5	-3.06	70.99	95.05	70.24	52
Net Debt/Capital (%)	- -	-6.74	-3.08	40.56	47.33	40.1	33.26
EBITDA	2,783	3,350	3,420	3,155	3,045	3,205	3,341
EBITDA-CapEx	2,452	3,091	3,166	2,845	2,658	2,804	2,859
Operating Income (Loss)	2,124	2,720	2,795	2,522	2,435	2,625	2,762

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	0.15	0.08	0.2	0.28	0.3	0.49
Current Ratio	- -	0.9	1.04	1.16	1.05	1.04	1.37
Quick Ratio	- -	0.56	0.64	0.76	0.76	0.76	1.03
CFO/Avg Current Liab	- -	- -	0.24	0.3	0.26	0.21	0.21
Common Equity/Total Assets	- -	60.79	63.31	33.98	21.98	25.53	28.12
Long-Term Debt/Equity (%)	- -	2.28	1.94	88.78	119.66	89.68	92.66
Long-Term Debt/Capital (%)	- -	2.21	1.89	46.72	50.93	43.04	46.63
Long-Term Debt/Total Assets (%)	- -	1.39	1.24	30.92	26.95	23.45	26.61
Total Debt/Equity (%)	- -	3.17	2.59	90.02	134.92	108.37	98.72
Total Debt/Capital (%)	- -	3.08	2.52	47.37	57.43	52.01	49.68
Total Debt/Total Assets (%)	- -	1.93	1.66	31.36	30.39	28.34	28.35
CFO/Total Liabilities	- -	17.8	17.07	11.77	8.36	7.98	7.55
CFO/CapEx	6.01	6.51	6.33	6.82	5.43	4.87	4.12
Altman's Z-Score	- -	- -	- -	- -	- -	2.71	2.68

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	- -	7.58	5.97	6.06	5.85	5.81
Days Sales Outstanding	- -	- -	48.12	61.1	60.21	62.35	62.83
Inventory Turnover	- -	- -	5.88	5.44	5.65	5.88	5.93
Days Inventory Outstanding	- -	- -	62.05	67.05	64.57	62.05	61.53
Accounts Payable Turnover	- -	- -	4.58	4.15	3.88	3.83	4.03
Accounts Payable Turnover Days	- -	- -	79.73	88.02	94.02	95.38	90.51
Cash Conversion Cycle	- -	- -	30.45	40.13	30.77	29.03	33.85
Inventory to Cash Days	- -	- -	-13.93	-5.96	-4.36	0.3	1.31
Inventories	- -	1,594	1,946	2,155	1,960	1,939	2,234
Raw Materials	- -	726	900	1,053	961	921	1,002
Work In Process	- -	62	104	91	91	92	95
Finished Goods	- -	806	942	1,011	908	926	1,137
Other Inventory	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	- -	38,488	36,551
- Cash & Cash Equivalents	- -	994	554	1,440	2,494	2,874	4,492
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	24	241	235	177	206	220
+ Total Debt	- -	468	437	8,635	9,863	9,376	10,463
Enterprise Value	- -	- -	- -	- -	- -	45,196	42,742
Total Capital	- -	15,219	17,333	18,227	17,173	18,028	21,062
Total Debt/Capital (%)	- -	3.08	2.52	47.37	57.43	52.01	49.68
Total Debt / EV	- -	- -	- -	- -	- -	0.21	0.24
EV/Sales	- -	- -	- -	- -	- -	2.3	2.07
EV/EBITDA	- -	- -	- -	- -	- -	14.1	12.79
EV/EBIT	- -	- -	- -	- -	- -	17.22	15.47
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	19.22	18.35
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	23.16	23.14
Diluted Market Cap	- -	- -	- -	- -	- -	38,661	36,733
Diluted Enterprise Value	- -	- -	- -	- -	- -	45,369	42,924
EV per Share	- -	- -	- -	- -	- -	11.42	10.82
TTM Sales	16,633	17,164	17,585	18,341	19,552	19,672	20,625
TTM EBITDA	2,783	3,350	3,420	3,155	3,045	3,205	3,341
TTM Operating Income	2,124	2,720	2,795	2,522	2,435	2,625	2,762
TTM Cash Flow to Firm	2,060	1,737	1,639	2,180	2,472	2,352	2,329
TTM Free Cash Flow to Firm	1,729	1,478	1,385	1,870	2,085	1,951	1,847

Multiples (USD)

Valuation Multiples API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	- -	- -	24.94	24.41
EV/EBIT	- -	- -	- -	- -	- -	17.22	15.47
Enterprise Value	- -	- -	- -	- -	- -	45,196	42,742
Low Price	- -	- -	- -	- -	- -	9.72	7.46
EV/Sales	- -	- -	- -	- -	- -	2.3	2.07
EV/EBITDA	- -	- -	- -	- -	- -	14.1	12.79
Price/Earnings	- -	- -	- -	- -	- -	19.27	17.55
Price/Earnings Average	- -	- -	- -	- -	- -	19.27	17.27
Price/Earnings High	- -	- -	- -	- -	- -	19.27	20.69
Price/Earnings Low	- -	- -	- -	- -	- -	19.27	14.15
Price/Book Value	- -	- -	- -	- -	- -	4.56	3.52
Price/Book Value Average	- -	- -	- -	- -	- -	4.56	3.47
Price/Book Value High	- -	- -	- -	- -	- -	4.56	4.15
Price/Book Value Low	- -	- -	- -	- -	- -	4.56	2.84
Price/Tangible Book Value	- -	- -	- -	- -	- -	-6.67	-8.62
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	-6.67	-8.49
Price/Tangible Book Value High	- -	- -	- -	- -	- -	-6.67	-10.16
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	-6.67	-6.95
Price/Sales	- -	- -	- -	- -	- -	1.95	1.77
Price/Sales Average	- -	- -	- -	- -	- -	1.95	1.75
Price/Sales High	- -	- -	- -	- -	- -	1.95	2.09
Price/Sales Low	- -	- -	- -	- -	- -	1.95	1.43
Price/Cash Flow	- -	- -	- -	- -	- -	19.69	18.41
Price/Cash Flow Average	- -	- -	- -	- -	- -	19.69	18.12
Price/Cash Flow High	- -	- -	- -	- -	- -	19.69	21.7
Price/Cash Flow Low	- -	- -	- -	- -	- -	19.69	14.84
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	24.94	24.02
Price/Free Cash Flow High	- -	- -	- -	- -	- -	24.94	28.78
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	24.94	19.68
EV/Sales Average	- -	- -	- -	- -	- -	2.3	2.04
EV/Sales High	- -	- -	- -	- -	- -	2.3	2.39
EV/Sales Low	- -	- -	- -	- -	- -	2.3	1.73
EV/EBITDA Average	- -	- -	- -	- -	- -	14.1	12.62
EV/EBITDA High	- -	- -	- -	- -	- -	14.1	14.75
EV/EBITDA Low	- -	- -	- -	- -	- -	14.1	10.68
EV/EBIT Average	- -	- -	- -	- -	- -	17.22	15.26
EV/EBIT High	- -	- -	- -	- -	- -	17.22	17.84
EV/EBIT Low	- -	- -	- -	- -	- -	17.22	12.91
Last Price	- -	- -	- -	- -	- -	9.72	9.26
High Price	- -	- -	- -	- -	- -	9.72	10.91
Enterprise Value Average	- -	- -	- -	- -	- -	45,196	42,167
Enterprise Value High	- -	- -	- -	- -	- -	45,196	49,289
Enterprise Value Low	- -	- -	- -	- -	- -	45,196	35,665

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	3,638	3,940	3,940	3,934	3,945	3,959	3,949
Diluted Weighted Avg Shares	3,940	3,940	3,940	3,586	3,968	3,977	3,968
Basic Weighted Avg Shares	3,940	3,940	3,940	3,586	3,942	3,951	3,951
Revenue per Share	4.22	4.36	4.46	5.12	4.96	4.98	5.22
EBITDA per Share	0.71	0.85	0.87	0.88	0.77	0.81	0.85
Operating Income per Share	0.54	0.69	0.71	0.7	0.62	0.66	0.7
Basic EPS, GAAP	0.39	3.51	0.57	0.53	0.35	0.5	0.53
Basic EPS from Cont Ops	0.43	0.52	0.58	0.54	0.41	0.52	0.55
Diluted EPS, GAAP	0.39	3.51	0.57	0.53	0.35	0.5	0.53
Diluted EPS from Cont Ops	0.43	0.52	0.58	0.54	0.41	0.52	0.54
Dividend per Share	- -	- -	- -	- -	0.01	0.01	0.02
Cash Flow per Share	0.5	0.43	0.41	0.59	0.53	0.49	0.5
Free Cash Flow per Basic Share	0.42	0.36	0.34	0.5	0.43	0.39	0.38
Cash & Equivalents per Share	- -	0.25	0.14	0.37	0.63	0.73	1.14
Book Value per Share	- -	3.74	4.23	2.38	1.81	2.13	2.63
Tangible Book Value per Share	- -	0.32	0.49	-1.26	-1.79	-1.46	-1.07