GEHC vs NNOX vs BFLY Stock Comparison

GE HealthCare Technologies, Nano-X Imaging and Butterfly Network Prices as of Nov 2, 2026 Peers: Industry group
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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
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

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.

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

Percentile Scorecard

GEHCNNOXBFLY

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

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

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

Risk

MeasureGEHCNNOXBFLYSPY
Volatility, 1Y 35.5%106.1%112.8% 12.8%
Downside volatility, 1Y 36.0%117.3%94.2% 12.8%
Beta vs S&P 500, 1Y 0.631.313.09 1.00
Return / volatility, 1Y 0.17-0.861.14 0.80
Max drawdown, 5Y -37.4%-98.9%-93.4% -25.4%
From 52-week high -9.8%-93.4%-38.2% -3.5%
52-week high $88.16$4.55$9.94 $779.14
52-week low $59.49$0.30$1.97 $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.

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

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

Growth

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

Profitability

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

Financial Health

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

Shareholder Returns

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

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

Institutional Ownership

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

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.

GEHCNNOXBFLY
GEHC 1.00 0.11 0.21
NNOX 0.11 1.00 0.16
BFLY 0.21 0.16 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, GEHC, NNOX and BFLY?

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

Which company is growing faster?

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

Which company is more profitable?

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

Which stock has performed better?

Over the past year Butterfly Network (BFLY) returned the most: GE HealthCare Technologies (GEHC) +6.1%, Nano-X Imaging (NNOX) -91.7%, Butterfly Network (BFLY) +128.3%. Over five years, Butterfly Network (BFLY) compounded fastest (Nano-X Imaging (NNOX) -59.4%/yr, Butterfly Network (BFLY) -10.4%/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%. Nano-X Imaging (NNOX) and Butterfly Network (BFLY) pays no regular dividend.

Which stock is riskier?

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

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

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.