GEHC vs NEOG vs QDEL Stock Comparison

GE HealthCare Technologies, Neogen and QuidelOrtho Prices as of Oct 23, 2026 Peers: Industry group
NEOG Neogen Corp
$12.19 -10.2% 1M +100.8% 1Y
Market cap
$2.67B
P/E
–
Revenue (TTM)
$883.99M
Div. yield
–
Diagnostic Equipment Healthcare
3 wins
QDEL QuidelOrtho Corp
$13.73 +32.8% 1M -53.9% 1Y
Market cap
$918.98M
P/E
–
Revenue (TTM)
-$211.90M
Div. yield
–
Diagnostic Equipment Healthcare

Head to Head

10 decided of 12

GE HealthCare Technologies leads on 7 of the 12 questions below (GE HealthCare Technologies 7, Neogen 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionGEHCNEOGQDELLeader
Larger companyMarket capitalisation $32.63B $2.67B $918.98M GEHC
Cheaper on earningsLower P/E, profitable companies only 16.4x -47.7x -0.9x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 14.0x 39.3x 18.3x GEHC
Faster revenue growthRevenue growth, trailing twelve months +6.5% -0.3% -30.8% GEHC
More profitableNet margin, trailing twelve months 9.3% -6.3% — GEHC
Better return on capitalReturn on invested capital 10.1% -0.2% — GEHC
Less leveragedLower net debt / EBITDA 2.4x 5.4x — GEHC
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -7.5% +100.8% -53.9% NEOG
Better 5-year returnAnnualised price return, 5 years — -21.6%/yr -36.7%/yr NEOG
Less volatileAnnualised volatility, 1 year 34.9% 55.6% 93.0% GEHC
Higher overall scoreMean of the five percentile scores vs peers 55/100 57/100 22/100 NEOG

Percentile Scorecard

GEHCNEOGQDEL

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

AxisGEHCNEOGQDEL
Valuation 88 #29 of 228 72 #65 of 228 45 #125 of 228
Growth 22 #173 of 222 48 #115 of 222 1 #220 of 222
Profitability 77 #49 of 210 61 #83 of 210 –
Financial Health 27 #177 of 241 47 #129 of 241 10 #217 of 241
Shareholder Returns 61 #55 of 138 58 #59 of 138 31 #96 of 138
Overall 55 57 22
  • GEHC ranked among 248 companies in Medical Devices and Diagnostics
  • NEOG ranked among 248 companies in Medical Devices and Diagnostics
  • QDEL 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

PeriodGEHCNEOGQDELSPY
1 month +8.1%-10.2%+32.8% -1.0%
3 months +17.9%+29.7%-14.5% +2.9%
6 months +3.8%+27.8%+18.5% +6.4%
Year to date -12.9%+74.4%-51.9% +11.4%
1 year -7.5%+100.8%-53.9% +13.1%
3 years +10.5%-19.8%-79.3% +79.4%
3 years, per year +3.4%-7.1%-40.8% +21.5%
5 years —-70.3%-89.8% +67.7%
5 years, per year —-21.6%-36.7% +10.9%
10 years —-37.6%-35.5% +255.2%
10 years, per year —-4.6%-4.3% +13.5%

Risk

MeasureGEHCNEOGQDELSPY
Volatility, 1Y 34.9%55.6%93.0% 12.7%
Downside volatility, 1Y 36.0%46.5%100.6% 12.7%
Beta vs S&P 500, 1Y 0.671.442.58 1.00
Return / volatility, 1Y -0.221.81-0.58 1.03
Max drawdown, 5Y -37.4%-90.6%-94.3% -25.4%
From 52-week high -19.0%-12.8%-61.2% -2.5%
52-week high $88.16$13.98$35.38 $779.14
52-week low $59.49$5.41$9.96 $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.

MultipleGEHCNEOGQDEL
P/E now vs peer median 16.3xmedian 30.7x -47.4xmedian 30.7x -0.9xmedian 30.7x
P/S now vs peer median 1.5xmedian 3.0x 3.0xmedian 3.0x -4.4xmedian 3.0x
EV/EBITDA now vs peer median 12.0xmedian 17.7x 29.4xmedian 17.7x —median 17.7x
P/FCF now vs peer median 20.4xmedian 23.7x 53.4xmedian 23.7x -4.4xmedian 23.7x
P/B now vs peer median 2.9xmedian 2.4x 1.3xmedian 2.4x 0.5xmedian 2.4x
PEG now vs peer median 2.43median 0.96 1.69median 0.96 0.01median 0.96

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 monthsGEHCNEOGQDEL
Revenue $21.27B $883.99M -$211.90M
Gross profit $8.41B $418.98M –
Operating income $2.73B -$7.38M –
Net income $2.05B -$56.10M -$1.05B
Free cash flow $1.58B $49.80M -$211.20M
R&D $1.28B $19.76M –
EPS (diluted) $4.37 $-0.26 $-15.35
Cash & equivalents $2.11B $172.00M $123.40M
Total debt $10.09B $3.15B $2.89B
Shares (diluted) 454.00M 218.10M 68.30M
Enterprise value $19.69B $2.01B $387.28M

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
MetricGEHCNEOGQDEL
P/E 16.3x -47.4x -0.9x
P/FCF 20.4x 53.4x -4.4x
P/Operating cash flow 15.4x 31.2x -16.4x
P/S 1.5x 3.0x -4.4x
P/B 2.9x 1.3x 0.5x
P/Tangible book 3.5x 3.4x -1.0x
EV/EBITDA 12.0x 29.4x –
EV/EBIT 14.7x -442.4x –
EV/Revenue 1.9x 3.7x -17.5x
EV/FCF 25.5x 65.5x -17.5x
EV/Operating cash flow 19.2x 38.3x -64.8x
PEG (3Y EPS CAGR) 2.43 1.69 0.01

Growth

14 metrics
MetricGEHCNEOGQDEL
Revenue growth (1Y) 6.5% -0.3% -30.8%
Revenue CAGR (3Y) 3.8% -1.3% -27.0%
Gross profit growth (1Y) 1.3% 1.8% –
Gross profit CAGR (3Y) 3.7% -3.1% –
Operating income growth (1Y) -0.9% 99.3% –
Operating income CAGR (3Y) 2.9% -29.0% –
Net income growth (1Y) -11.5% 94.6% -124.8%
Net income CAGR (3Y) 2.9% -28.3% -107.7%
EPS growth (1Y) -10.6% 94.6% -122.8%
EPS CAGR (3Y) 6.7% -28.0% -106.5%
Operating cash flow growth (1Y) 5.1% -1.9% -128.5%
Operating cash flow CAGR (3Y) 0.2% 2.9% -27.1%
Free cash flow growth (1Y) 0.6% 1,631% -1,725%
Free cash flow CAGR (3Y) -2.8% 126.1% -30.1%

Profitability

14 metrics
MetricGEHCNEOGQDEL
Gross margin 39.5% 47.4% –
EBITDA margin 15.7% 12.5% –
Operating margin 12.9% -0.8% –
Pretax margin 12.5% -7.7% –
Net margin 9.3% -6.3% –
FCF margin 7.4% 5.6% –
Operating cash flow margin 9.9% 9.6% 27.0%
Return on equity 18.9% -2.7% –
Return on assets 5.5% -1.7% –
Return on invested capital 10.1% -0.2% –
Return on capital employed 9.5% -0.2% –
Asset turnover 0.6x 0.3x 0.0x
Cash conversion (OCF / net income) 1.0x -1.5x 0.1x
Stock comp / revenue 0.7% 1.3% -20.9%

Financial Health

11 metrics
MetricGEHCNEOGQDEL
Debt / assets 27.1% 23.4% 50.6%
Debt / equity 0.9x 0.4x 1.6x
Net debt / EBITDA 2.4x 5.4x –
Debt / FCF 6.4x 15.5x -13.7x
Liabilities / assets 70.5% 36.8% 68.9%
Equity / assets 29.5% 63.2% 31.1%
Interest coverage 6.4x – –
Current ratio 1.3x 3.9x 1.4x
Quick ratio 0.9x 2.1x 0.5x
Cash ratio 0.3x 1.2x 0.1x
Altman Z-score 1.85 1.49 –

Shareholder Returns

7 metrics
MetricGEHCNEOGQDEL
Dividend yield 0.3% – –
Net buyback yield 1.2% -0.1% -0.6%
Shareholder yield 1.4% -0.1% -0.6%
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.

ConsensusGEHCNEOGQDEL
Forward P/E 14.0xFY2026 39.3xFY2026 18.3xFY2026
EPS, next fiscal year $5.09FY2026 $0.31FY2026 $0.75FY2026
EPS growth, next FY +10.9%FY2026 -3.1%FY2026 -64.6%FY2026
EPS growth, the year after -0.6% +25.8% +101.3%
Revenue, next fiscal year $22.47BFY2026 $845.87MFY2026 $2.67BFY2026
Revenue growth, next FY +8.9%FY2026 -2.8%FY2026 -2.0%FY2026
Revenue growth, the year after +7.5% +1.0% +0.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersGEHCNEOGQDEL
Held by institutions 87.0% 100.0% 100.0%
Institutions holding 1,221 315 243
Change in shares held, QoQ +1.7% +1.6% +2.9%
Institutions buying 538 151 143
Institutions selling 461 106 65
Buyers to sellers 1.17 1.42 2.20

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.

GEHCNEOGQDEL
GEHC 1.00 0.28 0.25
NEOG 0.28 1.00 0.20
QDEL 0.25 0.20 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, GEHC, NEOG and QDEL?

GE HealthCare Technologies (GEHC) is the largest by market capitalisation: GE HealthCare Technologies (GEHC) $32.63B, Neogen (NEOG) $2.67B, QuidelOrtho (QDEL) $918.98M.

Which company is growing faster?

GE HealthCare Technologies (GEHC) grew revenue fastest over the trailing twelve months: GE HealthCare Technologies (GEHC) +6.5%, Neogen (NEOG) -0.3%, QuidelOrtho (QDEL) -30.8%.

Which company is more profitable?

GE HealthCare Technologies (GEHC) has the highest net margin (GE HealthCare Technologies (GEHC) 9.3%, Neogen (NEOG) -6.3%). On return on invested capital, GE HealthCare Technologies (GEHC) leads (GE HealthCare Technologies (GEHC) 10.1%, Neogen (NEOG) -0.2%).

Which stock has performed better?

Over the past year Neogen (NEOG) returned the most: GE HealthCare Technologies (GEHC) -7.5%, Neogen (NEOG) +100.8%, QuidelOrtho (QDEL) -53.9%. Over five years, Neogen (NEOG) compounded fastest (Neogen (NEOG) -21.6%/yr, QuidelOrtho (QDEL) -36.7%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, GE HealthCare Technologies (GEHC) has been the steadiest (GE HealthCare Technologies (GEHC) 34.9%, Neogen (NEOG) 55.6%, QuidelOrtho (QDEL) 93.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, GEHC, NEOG and QDEL?

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 7. 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.