BFLY vs GEHC vs PHG Stock Comparison

Butterfly Network, GE HealthCare Technologies and Koninklijke Philips Prices as of Nov 4, 2026 Peers: Industry group
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BFLY Butterfly Network, Inc.
$6.77 -27.8% 1M +158.4% 1Y
Market cap
$1.59B
P/E
–
Revenue (TTM)
$123.25M
Div. yield
–
Diagnostic Equipment Healthcare
1 win
PHG Koninklijke Philips Nv
$31.04 +29.8% 1M +10.8% 1Y
Market cap
$29.46B
P/E
15.5x
Revenue (TTM)
$30.13B
Div. yield
–
Diagnostic Equipment Healthcare
8 wins

Head to Head

11 decided of 12

Koninklijke Philips leads on 8 of the 12 questions below (Koninklijke Philips 8, GE HealthCare Technologies 2, Butterfly Network 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBFLYGEHCPHGLeader
Larger companyMarket capitalisation $1.59B $38.58B $29.46B GEHC
Cheaper on earningsLower P/E, profitable companies only -29.6x 17.9x 15.5x PHG
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 16.9x 15.7x PHG
Faster revenue growthRevenue growth, trailing twelve months +39.4% +6.9% +53.4% PHG
More profitableNet margin, trailing twelve months -43.6% 10.0% 6.3% GEHC
Better return on capitalReturn on invested capital — 10.8% 12.4% PHG
Less leveragedLower net debt / EBITDA — 2.0x 1.4x PHG
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +158.4% +15.5% +10.8% BFLY
Better 5-year returnAnnualised price return, 5 years -8.3%/yr — -8.2%/yr PHG
Less volatileAnnualised volatility, 1 year 112.3% 36.0% 29.7% PHG
Higher overall scoreMean of the five percentile scores vs peers 50/100 56/100 80/100 PHG

Percentile Scorecard

BFLYGEHCPHG

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisBFLYGEHCPHG
Valuation 29 #162 of 229 86 #33 of 229 98 #6 of 229
Growth 89 #25 of 221 34 #146 of 221 99 #4 of 221
Profitability 38 #130 of 209 77 #48 of 209 92 #18 of 209
Financial Health 57 #103 of 240 28 #173 of 240 35 #156 of 240
Shareholder Returns 37 #92 of 146 54 #68 of 146 79 #32 of 146
Overall 50 56 80
  • BFLY ranked among 248 companies in Medical Devices and Diagnostics
  • GEHC ranked among 248 companies in Medical Devices and Diagnostics
  • PHG ranked among 248 companies in Medical Devices and Diagnostics

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodBFLYGEHCPHGSPY
1 month -27.8%+30.5%+29.8% -1.0%
3 months -19.6%+22.2%+16.8% -0.4%
6 months +48.8%+39.0%+14.0% +4.5%
Year to date +78.2%+4.6%+14.6% +12.4%
1 year +158.4%+15.5%+10.8% +13.6%
3 years +504.5%+19.9%+51.0% +76.4%
3 years, per year +82.2%+6.2%+14.7% +20.8%
5 years -35.1%—-35.0% +63.7%
5 years, per year -8.3%—-8.2% +10.4%
10 years ——+5.1% +267.7%
10 years, per year ——+0.5% +13.9%

Risk

MeasureBFLYGEHCPHGSPY
Volatility, 1Y 112.3%36.0%29.7% 12.8%
Downside volatility, 1Y 93.4%36.1%27.8% 12.7%
Beta vs S&P 500, 1Y 3.040.690.91 1.00
Return / volatility, 1Y 1.410.430.36 1.06
Max drawdown, 5Y -93.3%-37.4%-75.6% -25.4%
From 52-week high -31.9%-2.7%-5.7% -1.6%
52-week high $9.94$88.16$32.91 $779.14
52-week low $1.97$59.49$23.81 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleBFLYGEHCPHG
P/E now vs peer median -33.1xmedian 28.5x 18.0xmedian 28.5x 15.5xmedian 28.5x
P/S now vs peer median 13.5xmedian 2.9x 1.8xmedian 2.9x 1.0xmedian 2.9x
EV/EBITDA now vs peer median -30.3xmedian 18.5x 13.1xmedian 18.5x 8.4xmedian 18.5x
P/FCF now vs peer median -60.4xmedian 26.7x 20.5xmedian 26.7x 5.7xmedian 26.7x
P/B now vs peer median 9.0xmedian 2.3x 3.3xmedian 2.3x 2.3xmedian 2.3x
PEG now vs peer median -1.10median 0.93 1.46median 0.93 0.22median 0.93

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsBFLYGEHCPHG
Revenue $123.25M $21.64B $30.13B
Gross profit $86.60M $8.64B $16.13B
Operating income -$57.83M $2.89B $2.79B
Net income -$53.69M $2.21B $1.45B
Free cash flow -$27.55M $1.89B $5.23B
R&D $39.57M $1.31B $1.99B
EPS (diluted) $-0.20 $4.75 $1.98
Cash & equivalents $122.30M $2.86B $3.12B
Total debt – $9.97B $9.23B
Shares (diluted) 262.10M 453.00M 962.50M
Enterprise value $1.05B $26.81B $17.73B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricBFLYGEHCPHG
P/E -33.1x 18.0x 15.5x
P/FCF -60.4x 20.5x 5.7x
P/Operating cash flow -71.2x 16.1x 8.4x
P/S 13.5x 1.8x 1.0x
P/B 9.0x 3.3x 2.3x
P/Tangible book 9.4x 4.0x 2.9x
EV/EBITDA -30.3x 13.1x 8.4x
EV/EBIT -26.7x 15.9x 12.9x
EV/Revenue 12.5x 2.1x 1.2x
EV/FCF -56.0x 24.3x 6.9x
EV/Operating cash flow -65.9x 19.0x 10.1x
PEG (3Y EPS CAGR) -1.10 1.46 0.22

Growth

14 metrics
MetricBFLYGEHCPHG
Revenue growth (1Y) 39.4% 6.9% 53.4%
Revenue CAGR (3Y) 21.7% 3.9% 15.1%
Gross profit growth (1Y) 126.4% 4.6% 76.3%
Gross profit CAGR (3Y) 30.5% 3.9% 4.0%
Operating income growth (1Y) 33.5% 5.4% 49.6%
Operating income CAGR (3Y) 26.9% 4.6% 337.8%
Net income growth (1Y) 32.8% -3.5% 444.3%
Net income CAGR (3Y) 24.2% 7.6% 45.2%
EPS growth (1Y) 35.4% -2.0% 177.7%
EPS CAGR (3Y) 30.0% 12.3% 69.9%
Operating cash flow growth (1Y) 5.8% 30.5% 154.0%
Operating cash flow CAGR (3Y) 41.1% 4.5% 34.9%
Free cash flow growth (1Y) -0.1% 34.9% 74.5%
Free cash flow CAGR (3Y) 38.8% 2.7% 35.7%

Profitability

14 metrics
MetricBFLYGEHCPHG
Gross margin 70.3% 39.9% 53.5%
EBITDA margin -41.4% 16.2% 14.1%
Operating margin -46.9% 13.3% 9.2%
Pretax margin -43.5% 12.8% 8.7%
Net margin -43.6% 10.0% 6.3%
FCF margin -22.4% 8.7% 17.4%
Operating cash flow margin -19.0% 11.2% 11.8%
Return on equity -28.7% 19.5% 13.2%
Return on assets -18.8% 5.8% 5.5%
Return on invested capital – 10.8% 12.4%
Return on capital employed -26.6% 10.0% 12.6%
Asset turnover 0.4x 0.6x 1.0x
Cash conversion (OCF / net income) 0.4x 1.1x 2.4x
Stock comp / revenue 20.8% 0.7% 0.5%

Financial Health

11 metrics
MetricBFLYGEHCPHG
Debt / assets – 26.0% 29.0%
Debt / equity – 0.9x 0.7x
Net debt / EBITDA – 2.0x 1.4x
Debt / FCF – 5.3x 1.8x
Liabilities / assets 36.0% 69.7% 58.7%
Equity / assets 64.0% 30.3% 41.3%
Interest coverage -46.8x 6.6x 6.5x
Current ratio 3.6x 1.3x 1.3x
Quick ratio 2.3x 0.9x 0.8x
Cash ratio 1.8x 0.3x 0.4x
Altman Z-score 5.68 2.01 –

Shareholder Returns

7 metrics
MetricBFLYGEHCPHG
Dividend yield – 0.2% 3.2%
Net buyback yield -0.5% 0.7% -0.7%
Shareholder yield -0.5% 0.9% 2.5%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusBFLYGEHCPHG
Forward P/E – 16.9xFY2026 15.7xFY2026
EPS, next fiscal year $-0.10FY2026 $5.09FY2026 $1.98FY2026
EPS growth, next FY – +10.9%FY2026 +6.5%FY2026
EPS growth, the year after – -0.4% -10.1%
Revenue, next fiscal year $114.50MFY2026 $22.47BFY2026 $21.63BFY2026
Revenue growth, next FY +17.3%FY2026 +8.9%FY2026 +1.8%FY2026
Revenue growth, the year after +26.0% +7.5% -8.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBFLYGEHCPHG
Held by institutions 58.4% 87.0% 5.4%
Institutions holding 248 1,223 365
Change in shares held, QoQ +13.9% +1.7% +0.8%
Institutions buying 144 539 268
Institutions selling 59 462 76
Buyers to sellers 2.44 1.17 3.53

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

BFLYGEHCPHG
BFLY 1.00 0.22 0.23
GEHC 0.22 1.00 0.57
PHG 0.23 0.57 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, BFLY, GEHC and PHG?

GE HealthCare Technologies (GEHC) is the largest by market capitalisation: Butterfly Network (BFLY) $1.59B, GE HealthCare Technologies (GEHC) $38.58B, Koninklijke Philips (PHG) $29.46B.

Which stock is cheaper, BFLY, GEHC and PHG?

Koninklijke Philips (PHG) trades on the lowest price-to-earnings ratio (Butterfly Network (BFLY) -29.6x, GE HealthCare Technologies (GEHC) 17.9x, Koninklijke Philips (PHG) 15.5x). On next year's consensus earnings, Koninklijke Philips (PHG) is cheapest (GE HealthCare Technologies (GEHC) 16.9x, Koninklijke Philips (PHG) 15.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Koninklijke Philips (PHG) grew revenue fastest over the trailing twelve months: Butterfly Network (BFLY) +39.4%, GE HealthCare Technologies (GEHC) +6.9%, Koninklijke Philips (PHG) +53.4%.

Which company is more profitable?

GE HealthCare Technologies (GEHC) has the highest net margin (Butterfly Network (BFLY) -43.6%, GE HealthCare Technologies (GEHC) 10.0%, Koninklijke Philips (PHG) 6.3%). On return on invested capital, Koninklijke Philips (PHG) leads (GE HealthCare Technologies (GEHC) 10.8%, Koninklijke Philips (PHG) 12.4%).

Which stock has performed better?

Over the past year Butterfly Network (BFLY) returned the most: Butterfly Network (BFLY) +158.4%, GE HealthCare Technologies (GEHC) +15.5%, Koninklijke Philips (PHG) +10.8%. Over five years, Koninklijke Philips (PHG) compounded fastest (Butterfly Network (BFLY) -8.3%/yr, Koninklijke Philips (PHG) -8.2%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Koninklijke Philips (PHG) has been the steadiest (Butterfly Network (BFLY) 112.3%, GE HealthCare Technologies (GEHC) 36.0%, Koninklijke Philips (PHG) 29.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BFLY, GEHC and PHG?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Koninklijke Philips (PHG) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.