GEHC vs PHG vs BFLY Stock Comparison

GE HealthCare Technologies, Koninklijke Philips and Butterfly Network Prices as of Oct 26, 2026 Peers: Industry group
PHG Koninklijke Philips Nv
$26.56 +6.4% 1M -7.9% 1Y
Market cap
$25.21B
P/E
13.7x
Revenue (TTM)
$20.60B
Div. yield
–
Diagnostic Equipment Healthcare
6 wins
BFLY Butterfly Network, Inc.
$6.65 -29.2% 1M +198.2% 1Y
Market cap
$1.87B
P/E
–
Revenue (TTM)
$112.15M
Div. yield
–
Diagnostic Equipment Healthcare
3 wins

Head to Head

11 decided of 12

Koninklijke Philips leads on 6 of the 12 questions below (Koninklijke Philips 6, Butterfly Network 3, GE HealthCare Technologies 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionGEHCPHGBFLYLeader
Larger companyMarket capitalisation $31.95B $25.21B $1.87B GEHC
Cheaper on earningsLower P/E, profitable companies only 16.1x 13.7x -25.0x PHG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 14.1x 13.4x — PHG
Faster revenue growthRevenue growth, trailing twelve months +6.5% +6.1% +28.1% BFLY
More profitableNet margin, trailing twelve months 9.3% 8.9% -66.7% GEHC
Better return on capitalReturn on invested capital 10.1% 11.5% — PHG
Less leveragedLower net debt / EBITDA 2.4x 1.8x — PHG
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -7.9% -7.9% +198.2% BFLY
Better 5-year returnAnnualised price return, 5 years — -10.8%/yr -8.0%/yr BFLY
Less volatileAnnualised volatility, 1 year 34.9% 28.8% 114.6% PHG
Higher overall scoreMean of the five percentile scores vs peers 54/100 80/100 44/100 PHG

Percentile Scorecard

GEHCPHGBFLY

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

AxisGEHCPHGBFLY
Valuation 87 #30 of 228 98 #6 of 228 29 #163 of 228
Growth 23 #171 of 221 96 #11 of 221 68 #72 of 221
Profitability 77 #48 of 208 96 #10 of 208 31 #143 of 208
Financial Health 27 #175 of 239 31 #166 of 239 60 #96 of 239
Shareholder Returns 57 #60 of 137 79 #29 of 137 35 #90 of 137
Overall 54 80 44
  • GEHC ranked among 248 companies in Medical Devices and Diagnostics
  • PHG ranked among 248 companies in Medical Devices and Diagnostics
  • BFLY 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

PeriodGEHCPHGBFLYSPY
1 month +8.0%+6.4%-29.2% -0.8%
3 months +17.8%+6.2%-6.2% +3.5%
6 months +2.1%-3.6%+21.4% +7.0%
Year to date -12.2%-1.9%+75.0% +12.2%
1 year -7.9%-7.9%+198.2% +13.0%
3 years +14.1%+43.6%+741.8% +86.3%
3 years, per year +4.5%+12.8%+103.5% +23.1%
5 years —-43.6%-34.2% +68.6%
5 years, per year —-10.8%-8.0% +11.0%
10 years —-11.6%— +258.0%
10 years, per year —-1.2%— +13.6%

Risk

MeasureGEHCPHGBFLYSPY
Volatility, 1Y 34.9%28.8%114.6% 12.7%
Downside volatility, 1Y 36.0%28.8%91.7% 12.7%
Beta vs S&P 500, 1Y 0.680.812.97 1.00
Return / volatility, 1Y -0.23-0.271.73 1.02
Max drawdown, 5Y -37.4%-75.6%-93.4% -25.4%
From 52-week high -18.4%-19.3%-33.1% -1.8%
52-week high $88.16$32.91$9.94 $779.14
52-week low $59.49$23.81$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.

MultipleGEHCPHGBFLY
P/E now vs peer median 16.4xmedian 30.6x 13.7xmedian 30.6x -23.3xmedian 30.6x
P/S now vs peer median 1.5xmedian 3.0x 1.2xmedian 3.0x 14.1xmedian 3.0x
EV/EBITDA now vs peer median 12.1xmedian 17.5x 8.1xmedian 17.5x -20.2xmedian 17.5x
P/FCF now vs peer median 20.6xmedian 23.3x 5.9xmedian 23.3x -56.4xmedian 23.3x
P/B now vs peer median 3.0xmedian 2.4x 2.0xmedian 2.4x 8.4xmedian 2.4x
PEG now vs peer median 2.45median 0.87 0.32median 0.87 -0.86median 0.87

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 monthsGEHCPHGBFLY
Revenue $21.27B $20.60B $112.15M
Gross profit $8.41B $16.03B $59.04M
Operating income $2.73B $2.65B -$79.38M
Net income $2.05B $1.39B -$74.85M
Free cash flow $1.58B $4.34B -$28.04M
R&D $1.28B $2.00B $38.10M
EPS (diluted) $4.37 $1.91 $-0.29
Cash & equivalents $2.11B $2.04B $124.66M
Total debt $10.09B $9.51B –
Shares (diluted) 454.00M 962.50M 262.10M
Enterprise value $19.01B $14.33B $1.31B

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
MetricGEHCPHGBFLY
P/E 16.4x 13.7x -23.3x
P/FCF 20.6x 5.9x -56.4x
P/Operating cash flow 15.5x 9.6x -65.9x
P/S 1.5x 1.2x 14.1x
P/B 3.0x 2.0x 8.4x
P/Tangible book 3.6x 2.5x 8.7x
EV/EBITDA 12.1x 8.1x -20.2x
EV/EBIT 14.8x 12.4x -18.4x
EV/Revenue 1.9x 1.6x 13.0x
EV/FCF 25.6x 7.6x -52.0x
EV/Operating cash flow 19.3x 12.4x -60.7x
PEG (3Y EPS CAGR) 2.45 0.32 -0.86

Growth

14 metrics
MetricGEHCPHGBFLY
Revenue growth (1Y) 6.5% 6.1% 28.1%
Revenue CAGR (3Y) 3.8% 2.3% 15.6%
Gross profit growth (1Y) 1.3% 82.4% 8.8%
Gross profit CAGR (3Y) 3.7% 6.7% 13.3%
Operating income growth (1Y) -0.9% 121.3% -14.8%
Operating income CAGR (3Y) 2.9% 52.0% 21.1%
Net income growth (1Y) -11.5% 293.5% -19.1%
Net income CAGR (3Y) 2.9% 35.6% 20.8%
EPS growth (1Y) -10.6% 539.4% -12.9%
EPS CAGR (3Y) 6.7% 42.2% 27.0%
Operating cash flow growth (1Y) 5.1% 116.7% 19.6%
Operating cash flow CAGR (3Y) 0.2% 53.6% 44.5%
Free cash flow growth (1Y) 0.6% 54.2% 12.2%
Free cash flow CAGR (3Y) -2.8% 45.6% 42.8%

Profitability

14 metrics
MetricGEHCPHGBFLY
Gross margin 39.5% 77.8% 52.6%
EBITDA margin 15.7% 19.8% -64.4%
Operating margin 12.9% 12.9% -70.8%
Pretax margin 12.5% 11.9% -66.7%
Net margin 9.3% 8.9% -66.7%
FCF margin 7.4% 21.1% -25.0%
Operating cash flow margin 9.9% 12.9% -21.4%
Return on equity 18.9% 12.7% -39.3%
Return on assets 5.5% 5.4% -26.3%
Return on invested capital 10.1% 11.5% –
Return on capital employed 9.5% 11.8% -35.1%
Asset turnover 0.6x 0.7x 0.4x
Cash conversion (OCF / net income) 1.0x 1.9x 0.3x
Stock comp / revenue 0.7% 0.7% 21.3%

Financial Health

11 metrics
MetricGEHCPHGBFLY
Debt / assets 27.1% 31.2% –
Debt / equity 0.9x 0.7x –
Net debt / EBITDA 2.4x 1.8x –
Debt / FCF 6.4x 2.2x –
Liabilities / assets 70.5% 57.1% 33.1%
Equity / assets 29.5% 42.9% 66.9%
Interest coverage 6.4x 6.2x -59.4x
Current ratio 1.3x 1.3x 4.1x
Quick ratio 0.9x 0.7x 2.7x
Cash ratio 0.3x 0.2x 2.1x
Altman Z-score 1.86 – 5.90

Shareholder Returns

7 metrics
MetricGEHCPHGBFLY
Dividend yield 0.2% 3.7% –
Net buyback yield 1.2% -0.5% -0.5%
Shareholder yield 1.4% 3.3% -0.5%
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.

ConsensusGEHCPHGBFLY
Forward P/E 14.1xFY2026 13.4xFY2026 –
EPS, next fiscal year $5.09FY2026 $1.98FY2026 $-0.10FY2026
EPS growth, next FY +10.9%FY2026 +6.5%FY2026 –
EPS growth, the year after -0.6% -10.1% –
Revenue, next fiscal year $22.47BFY2026 $21.63BFY2026 $114.50MFY2026
Revenue growth, next FY +8.9%FY2026 +1.8%FY2026 +17.3%FY2026
Revenue growth, the year after +7.5% -8.2% +26.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersGEHCPHGBFLY
Held by institutions 87.0% 5.4% 59.9%
Institutions holding 1,221 363 245
Change in shares held, QoQ +1.7% +0.8% +13.9%
Institutions buying 538 266 143
Institutions selling 461 76 59
Buyers to sellers 1.17 3.50 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.

GEHCPHGBFLY
GEHC 1.00 0.52 0.22
PHG 0.52 1.00 0.20
BFLY 0.22 0.20 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, GEHC, PHG and BFLY?

GE HealthCare Technologies (GEHC) is the largest by market capitalisation: GE HealthCare Technologies (GEHC) $31.95B, Koninklijke Philips (PHG) $25.21B, Butterfly Network (BFLY) $1.87B.

Which stock is cheaper, GEHC, PHG and BFLY?

Koninklijke Philips (PHG) trades on the lowest price-to-earnings ratio (GE HealthCare Technologies (GEHC) 16.1x, Koninklijke Philips (PHG) 13.7x, Butterfly Network (BFLY) -25.0x). On next year's consensus earnings, Koninklijke Philips (PHG) is cheapest (GE HealthCare Technologies (GEHC) 14.1x, Koninklijke Philips (PHG) 13.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Butterfly Network (BFLY) grew revenue fastest over the trailing twelve months: GE HealthCare Technologies (GEHC) +6.5%, Koninklijke Philips (PHG) +6.1%, Butterfly Network (BFLY) +28.1%.

Which company is more profitable?

GE HealthCare Technologies (GEHC) has the highest net margin (GE HealthCare Technologies (GEHC) 9.3%, Koninklijke Philips (PHG) 8.9%, Butterfly Network (BFLY) -66.7%). On return on invested capital, Koninklijke Philips (PHG) leads (GE HealthCare Technologies (GEHC) 10.1%, Koninklijke Philips (PHG) 11.5%).

Which stock has performed better?

Over the past year Butterfly Network (BFLY) returned the most: GE HealthCare Technologies (GEHC) -7.9%, Koninklijke Philips (PHG) -7.9%, Butterfly Network (BFLY) +198.2%. Over five years, Butterfly Network (BFLY) compounded fastest (Koninklijke Philips (PHG) -10.8%/yr, Butterfly Network (BFLY) -8.0%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Koninklijke Philips (PHG) has been the steadiest (GE HealthCare Technologies (GEHC) 34.9%, Koninklijke Philips (PHG) 28.8%, Butterfly Network (BFLY) 114.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, GEHC, PHG 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, Koninklijke Philips (PHG) leads on 6. 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.