BFLY vs NNOX vs GEHC Stock Comparison

Butterfly Network, Nano-X Imaging and GE HealthCare Technologies Prices as of Nov 2, 2026 Peers: Industry group
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BFLY Butterfly Network, Inc.
$6.14 -31.2% 1M +128.3% 1Y
Market cap
$1.46B
P/E
–
Revenue (TTM)
$123.25M
Div. yield
–
Diagnostic Equipment Healthcare
3 wins
NNOX Nano-X Imaging Ltd.
$0.30 -53.1% 1M -91.7% 1Y
Market cap
$20.88M
P/E
–
Revenue (TTM)
$15.63M
Div. yield
–
Diagnostic Equipment Healthcare
1 win

Head to Head

9 decided of 12

GE HealthCare Technologies leads on 5 of the 12 questions below (GE HealthCare Technologies 5, Butterfly Network 3, Nano-X Imaging 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBFLYNNOXGEHCLeader
Larger companyMarket capitalisation $1.46B $20.88M $35.97B GEHC
Cheaper on earningsLower P/E, profitable companies only -30.0x -0.2x 16.7x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — 15.6x –
Faster revenue growthRevenue growth, trailing twelve months +39.4% +31.5% +6.9% BFLY
More profitableNet margin, trailing twelve months -43.6% -747.2% 10.0% GEHC
Better return on capitalReturn on invested capital — -116.9% 10.8% GEHC
Less leveragedLower net debt / EBITDA — 0.3x 2.0x NNOX
Higher dividend yieldTrailing dividend yield — — 0.19% –
Better 1-year returnPrice return, last 12 months +128.3% -91.7% +6.1% BFLY
Better 5-year returnAnnualised price return, 5 years -10.4%/yr -59.4%/yr — BFLY
Less volatileAnnualised volatility, 1 year 112.8% 106.1% 35.5% GEHC
Higher overall scoreMean of the five percentile scores vs peers 49/100 36/100 56/100 GEHC

Percentile Scorecard

BFLYNNOXGEHC

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

AxisBFLYNNOXGEHC
Valuation 31 #158 of 227 52 #110 of 227 87 #30 of 227
Growth 87 #29 of 220 10 #198 of 220 35 #144 of 220
Profitability 39 #128 of 209 10 #189 of 209 78 #47 of 209
Financial Health 57 #105 of 240 71 #71 of 240 29 #172 of 240
Shareholder Returns 30 #97 of 138 – 53 #66 of 138
Overall 49 36 56
  • BFLY ranked among 247 companies in Medical Devices and Diagnostics
  • NNOX ranked among 247 companies in Medical Devices and Diagnostics
  • GEHC ranked among 247 companies in Medical Devices and Diagnostics

Price Performance

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

Returns

PeriodBFLYNNOXGEHCSPY
1 month -31.2%-53.1%+23.7% -2.3%
3 months -25.2%-72.7%+14.1% -0.7%
6 months +26.6%-84.0%+30.4% +4.8%
Year to date +61.6%-89.3%-3.0% +10.3%
1 year +128.3%-91.7%+6.1% +10.3%
3 years +448.2%-95.1%+11.1% +73.0%
3 years, per year +76.4%-63.4%+3.6% +20.1%
5 years -42.3%-98.9%— +61.9%
5 years, per year -10.4%-59.4%— +10.1%

Risk

MeasureBFLYNNOXGEHCSPY
Volatility, 1Y 112.8%106.1%35.5% 12.8%
Downside volatility, 1Y 94.2%117.3%36.0% 12.8%
Beta vs S&P 500, 1Y 3.091.310.63 1.00
Return / volatility, 1Y 1.14-0.860.17 0.80
Max drawdown, 5Y -93.4%-98.9%-37.4% -25.4%
From 52-week high -38.2%-93.4%-9.8% -3.5%
52-week high $9.94$4.55$88.16 $779.14
52-week low $1.97$0.30$59.49 $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.

MultipleBFLYNNOXGEHC
P/E now vs peer median -30.0xmedian 28.4x -0.2xmedian 28.4x 16.7xmedian 28.4x
P/S now vs peer median 11.9xmedian 3.0x 1.3xmedian 3.0x 1.7xmedian 3.0x
EV/EBITDA now vs peer median -26.3xmedian 18.0x 0.1xmedian 18.0x 12.3xmedian 18.0x
P/FCF now vs peer median -53.0xmedian 25.0x -0.4xmedian 25.0x 19.0xmedian 25.0x
P/B now vs peer median 7.9xmedian 2.3x 0.3xmedian 2.3x 3.1xmedian 2.3x
PEG now vs peer median -1.00median 0.93 -0.07median 0.93 1.35median 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 monthsBFLYNNOXGEHC
Revenue $123.25M $15.63M $21.64B
Gross profit $86.60M -$52.76M $8.64B
Operating income -$57.83M -$119.69M $2.89B
Net income -$53.69M -$116.81M $2.21B
Free cash flow -$27.55M -$52.09M $1.89B
R&D $39.57M $18.93M $1.31B
EPS (diluted) $-0.20 $-1.80 $4.75
Cash & equivalents $122.30M $31.02M $2.86B
Total debt – $3.00M $9.97B
Shares (diluted) 262.10M 64.79M 453.00M
Enterprise value $925.89M -$159.93M $24.43B

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
MetricBFLYNNOXGEHC
P/E -30.0x -0.2x 16.7x
P/FCF -53.0x -0.4x 19.0x
P/Operating cash flow -62.5x -0.4x 14.9x
P/S 11.9x 1.3x 1.7x
P/B 7.9x 0.3x 3.1x
P/Tangible book 8.2x 0.4x 3.7x
EV/EBITDA -26.3x 0.1x 12.3x
EV/EBIT -23.2x 0.1x 14.9x
EV/Revenue 10.9x -0.5x 2.0x
EV/FCF -48.6x 0.1x 22.8x
EV/Operating cash flow -57.2x 0.2x 17.8x
PEG (3Y EPS CAGR) -1.00 -0.07 1.35

Growth

14 metrics
MetricBFLYNNOXGEHC
Revenue growth (1Y) 39.4% 31.5% 6.9%
Revenue CAGR (3Y) 21.7% 17.7% 3.9%
Gross profit growth (1Y) 126.4% -340.0% 4.6%
Gross profit CAGR (3Y) 30.5% -101.8% 3.9%
Operating income growth (1Y) 33.5% -107.4% 5.4%
Operating income CAGR (3Y) 26.9% -5.0% 4.6%
Net income growth (1Y) 32.8% -109.9% -3.5%
Net income CAGR (3Y) 24.2% -4.9% 7.6%
EPS growth (1Y) 35.4% -90.0% -2.0%
EPS CAGR (3Y) 30.0% 2.3% 12.3%
Operating cash flow growth (1Y) 5.8% -21.9% 30.5%
Operating cash flow CAGR (3Y) 41.1% -2.7% 4.5%
Free cash flow growth (1Y) -0.1% -19.4% 34.9%
Free cash flow CAGR (3Y) 38.8% 1.3% 2.7%

Profitability

14 metrics
MetricBFLYNNOXGEHC
Gross margin 70.3% -337.5% 39.9%
EBITDA margin -41.4% -692.4% 16.2%
Operating margin -46.9% -765.6% 13.3%
Pretax margin -43.5% -758.5% 12.8%
Net margin -43.6% -747.2% 10.0%
FCF margin -22.4% -333.2% 8.7%
Operating cash flow margin -19.0% -298.7% 11.2%
Return on equity -28.7% -117.5% 19.5%
Return on assets -18.8% -98.6% 5.8%
Return on invested capital – -116.9% 10.8%
Return on capital employed -26.6% -114.2% 10.0%
Asset turnover 0.4x 0.1x 0.6x
Cash conversion (OCF / net income) 0.4x 0.4x 1.1x
Stock comp / revenue 20.8% 34.9% 0.7%

Financial Health

11 metrics
MetricBFLYNNOXGEHC
Debt / assets – 3.3% 26.0%
Debt / equity – 0.0x 0.9x
Net debt / EBITDA – 0.3x 2.0x
Debt / FCF – -0.1x 5.3x
Liabilities / assets 36.0% 20.5% 69.7%
Equity / assets 64.0% 79.5% 30.3%
Interest coverage -46.8x – 6.6x
Current ratio 3.6x 2.8x 1.3x
Quick ratio 2.3x 2.4x 0.9x
Cash ratio 1.8x 2.3x 0.3x
Altman Z-score 4.51 -11.12 1.95

Shareholder Returns

7 metrics
MetricBFLYNNOXGEHC
Dividend yield – – 0.2%
Net buyback yield -0.6% – 0.8%
Shareholder yield -0.6% – 1.0%
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.

ConsensusBFLYNNOXGEHC
Forward P/E – – 15.6xFY2026
EPS, next fiscal year $-0.10FY2026 $-1.31FY2026 $5.09FY2026
EPS growth, next FY – – +10.9%FY2026
EPS growth, the year after – – -0.4%
Revenue, next fiscal year $114.50MFY2026 $18.64MFY2026 $22.47BFY2026
Revenue growth, next FY +17.3%FY2026 +43.2%FY2026 +8.9%FY2026
Revenue growth, the year after +26.0% +59.6% +7.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBFLYNNOXGEHC
Held by institutions 59.9% 15.0% 87.0%
Institutions holding 247 103 1,223
Change in shares held, QoQ +13.9% -46.0% +1.7%
Institutions buying 143 55 539
Institutions selling 59 28 462
Buyers to sellers 2.42 1.96 1.17

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.

BFLYNNOXGEHC
BFLY 1.00 0.16 0.21
NNOX 0.16 1.00 0.11
GEHC 0.21 0.11 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BFLY, NNOX and GEHC?

GE HealthCare Technologies (GEHC) is the largest by market capitalisation: Butterfly Network (BFLY) $1.46B, Nano-X Imaging (NNOX) $20.88M, GE HealthCare Technologies (GEHC) $35.97B.

Which company is growing faster?

Butterfly Network (BFLY) grew revenue fastest over the trailing twelve months: Butterfly Network (BFLY) +39.4%, Nano-X Imaging (NNOX) +31.5%, GE HealthCare Technologies (GEHC) +6.9%.

Which company is more profitable?

GE HealthCare Technologies (GEHC) has the highest net margin (Butterfly Network (BFLY) -43.6%, Nano-X Imaging (NNOX) -747.2%, GE HealthCare Technologies (GEHC) 10.0%). On return on invested capital, GE HealthCare Technologies (GEHC) leads (Nano-X Imaging (NNOX) -116.9%, GE HealthCare Technologies (GEHC) 10.8%).

Which stock has performed better?

Over the past year Butterfly Network (BFLY) returned the most: Butterfly Network (BFLY) +128.3%, Nano-X Imaging (NNOX) -91.7%, GE HealthCare Technologies (GEHC) +6.1%. Over five years, Butterfly Network (BFLY) compounded fastest (Butterfly Network (BFLY) -10.4%/yr, Nano-X Imaging (NNOX) -59.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: GE HealthCare Technologies (GEHC) 0.19%. Butterfly Network (BFLY) and Nano-X Imaging (NNOX) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, GE HealthCare Technologies (GEHC) has been the steadiest (Butterfly Network (BFLY) 112.8%, Nano-X Imaging (NNOX) 106.1%, GE HealthCare Technologies (GEHC) 35.5%). Volatility measures how widely the price swings, not the risk of the business.

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

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, GE HealthCare Technologies (GEHC) leads on 5. 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.