GEHC
GE HealthCare Technologies Inc.82.25
-2.20-2.61%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Reaffirms guide, orders color
Q&A reinforced the scripted story, with management highlighting Q4 orders' 2% growth as solid amid tough comps—book-to-bill at 1.06x, backlog at record $21.8B—setting up H2 acceleration from RSNA NPIs. China decline is prudently baked into 3-4% organic guide despite VBP win-rate gains. Fercato ramped to 220 weekly doses at 95% on-time delivery, expanding via new CMOs and partners like CVA/CDL. Service capture improves on complex NPIs, boosting recurring revenue. New products accelerate orders H2. Bullish on mid-term targets; watch China tenders, NPI bookings.
Key Stats
Market Cap
37.55BP/E (TTM)
17.03Basic EPS (TTM)
4.83Dividend Yield
0%Recent Filings
8-K
New $0.5B revolver replaces old
GE HealthCare entered a new $0.5B 364-day revolving credit facility on February 26, 2026, replacing the prior agreement from March 2025, terminated penalty-free that day. It matures February 25, 2027, with SOFR/EURIBOR/SONIA-based rates plus a margin tied to debt ratings; covenants cap liens and leverage. Seamless rollover. Liquidity intact.
8-K
Q4 beat, 2026 guidance up
GE HealthCare beat Q4 revenue expectations with $5.7B, up 7.1% (4.8% organic), fueled by PDx's 22.3% surge and strength in U.S./EMEA, yet margins dipped from tariffs. Full-year revenue hit $20.6B, up 4.8% organically, with Adjusted EPS at $4.59. Momentum strong. Guides 2026 organic growth 3-4%, Adjusted EPS $4.95-$5.15.
10-K
FY2025 results
GE HealthCare posted FY2025 revenues of $20.6B, up 4.8% reported and 3.5% organic, with Q4 strength in PDx (organic +8.8% full year) and Imaging (+3.8%) driving the topline while PCS dipped 1.5%; operating income hit $2.8B (13.4% margin) amid tariff headwinds denting margins by ~$245M. PDx margins led at 30.1% Segment EBIT, but Imaging and PCS saw compression from cost inflation and mix shifts. Free cash flow tallied $1.5B; debt stood at $10B year-end with $800M buyback capacity unused. Q4 accelerated volume in key segments yet tariffs eroded momentum. Supply chain disruptions from tariffs and rare earth restrictions threaten quarterly flows.
8-K
GEHC funds Intelerad buy
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