GEHC vs PHG vs HTFL Stock Comparison

GE HealthCare Technologies, Koninklijke Philips and Heartflow Prices as of Oct 23, 2026 Peers: Industry group
PHG Koninklijke Philips Nv
$26.90 +10.0% 1M -7.3% 1Y
Market cap
$25.18B
P/E
13.7x
Revenue (TTM)
$20.60B
Div. yield
–
Diagnostic Equipment Healthcare
6 wins
HTFL Heartflow, Inc.
$56.71 +19.7% 1M +42.1% 1Y
Market cap
$4.93B
P/E
–
Revenue (TTM)
$202.91M
Div. yield
–
Diagnostic Equipment Healthcare
2 wins

Head to Head

10 decided of 12

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

QuestionGEHCPHGHTFLLeader
Larger companyMarket capitalisation $32.60B $25.18B $4.93B GEHC
Cheaper on earningsLower P/E, profitable companies only 16.4x 13.7x -49.2x PHG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 14.0x 13.6x — PHG
Faster revenue growthRevenue growth, trailing twelve months +6.5% +6.1% +42.5% HTFL
More profitableNet margin, trailing twelve months 9.3% 8.9% -49.4% 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 -7.5% -7.3% +42.1% HTFL
Better 5-year returnAnnualised price return, 5 years — -11.0%/yr — –
Less volatileAnnualised volatility, 1 year 34.9% 28.7% 76.9% PHG
Higher overall scoreMean of the five percentile scores vs peers 55/100 80/100 56/100 PHG

Percentile Scorecard

GEHCPHGHTFL

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

AxisGEHCPHGHTFL
Valuation 88 #29 of 228 98 #6 of 228 8 #211 of 228
Growth 22 #173 of 222 96 #11 of 222 77 #52 of 222
Profitability 77 #49 of 210 96 #10 of 210 48 #109 of 210
Financial Health 27 #177 of 241 31 #166 of 241 91 #22 of 241
Shareholder Returns 61 #55 of 138 81 #27 of 138 –
Overall 55 80 56
  • GEHC ranked among 248 companies in Medical Devices and Diagnostics
  • PHG ranked among 248 companies in Medical Devices and Diagnostics
  • HTFL 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

PeriodGEHCPHGHTFLSPY
1 month +8.1%+10.0%+19.7% -1.0%
3 months +17.9%+2.9%+135.1% +2.9%
6 months +3.8%-2.1%+86.3% +6.4%
Year to date -12.9%-0.7%+94.5% +11.4%
1 year -7.5%-7.3%+42.1% +13.1%
3 years +10.5%+43.0%— +79.4%
3 years, per year +3.4%+12.7%— +21.5%
5 years —-44.0%— +67.7%
5 years, per year —-11.0%— +10.9%
10 years —-5.4%— +255.2%
10 years, per year —-0.6%— +13.5%

Risk

MeasureGEHCPHGHTFLSPY
Volatility, 1Y 34.9%28.7%76.9% 12.7%
Downside volatility, 1Y 36.0%28.8%77.6% 12.7%
Beta vs S&P 500, 1Y 0.670.811.86 1.00
Return / volatility, 1Y -0.22-0.250.55 1.03
Max drawdown, 5Y -37.4%-75.6%-48.7% -25.4%
From 52-week high -19.0%-18.3%0.0% -2.5%
52-week high $88.16$32.91$56.71 $779.14
52-week low $59.49$23.81$20.49 $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.

MultipleGEHCPHGHTFL
P/E now vs peer median 16.3xmedian 30.7x 13.8xmedian 30.7x -48.9xmedian 30.7x
P/S now vs peer median 1.5xmedian 3.0x 1.3xmedian 3.0x 24.2xmedian 3.0x
EV/EBITDA now vs peer median 12.0xmedian 17.7x 8.2xmedian 17.7x —median 17.7x
P/FCF now vs peer median 20.4xmedian 23.7x 6.0xmedian 23.7x —median 23.7x
P/B now vs peer median 2.9xmedian 2.4x 2.0xmedian 2.4x 17.6xmedian 2.4x
PEG now vs peer median 2.43median 0.96 0.33median 0.96 —median 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 monthsGEHCPHGHTFL
Revenue $21.27B $20.60B $202.91M
Gross profit $8.41B $16.03B $160.45M
Operating income $2.73B $2.65B -$64.46M
Net income $2.05B $1.39B -$100.19M
Free cash flow $1.58B $4.34B –
R&D $1.28B $2.00B $77.26M
EPS (diluted) $4.37 $1.91 $-1.16
Cash & equivalents $2.11B $2.04B $34.36M
Total debt $10.09B $9.51B –
Shares (diluted) 454.00M 962.50M 86.40M
Enterprise value $19.65B $14.29B $4.69B

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
MetricGEHCPHGHTFL
P/E 16.3x 13.8x -48.9x
P/FCF 20.4x 6.0x –
P/Operating cash flow 15.4x 9.7x –
P/S 1.5x 1.3x 24.2x
P/B 2.9x 2.0x 17.6x
P/Tangible book 3.5x 2.6x 17.6x
EV/EBITDA 12.0x 8.2x –
EV/EBIT 14.7x 12.6x -72.5x
EV/Revenue 1.9x 1.6x 23.0x
EV/FCF 25.5x 7.7x –
EV/Operating cash flow 19.2x 12.5x –
PEG (3Y EPS CAGR) 2.43 0.33 –

Growth

14 metrics
MetricGEHCPHGHTFL
Revenue growth (1Y) 6.5% 6.1% 42.5%
Revenue CAGR (3Y) 3.8% 2.3% –
Gross profit growth (1Y) 1.3% 82.4% 48.8%
Gross profit CAGR (3Y) 3.7% 6.7% –
Operating income growth (1Y) -0.9% 121.3% -9.5%
Operating income CAGR (3Y) 2.9% 52.0% –
Net income growth (1Y) -11.5% 293.5% -18.3%
Net income CAGR (3Y) 2.9% 35.6% –
EPS growth (1Y) -10.6% 539.4% 91.4%
EPS CAGR (3Y) 6.7% 42.2% –
Operating cash flow growth (1Y) 5.1% 116.7% –
Operating cash flow CAGR (3Y) 0.2% 53.6% –
Free cash flow growth (1Y) 0.6% 54.2% –
Free cash flow CAGR (3Y) -2.8% 45.6% –

Profitability

14 metrics
MetricGEHCPHGHTFL
Gross margin 39.5% 77.8% 79.1%
EBITDA margin 15.7% 19.8% –
Operating margin 12.9% 12.9% -31.8%
Pretax margin 12.5% 11.9% -49.4%
Net margin 9.3% 8.9% -49.4%
FCF margin 7.4% 21.1% –
Operating cash flow margin 9.9% 12.9% –
Return on equity 18.9% 12.7% -34.5%
Return on assets 5.5% 5.4% -28.5%
Return on invested capital 10.1% 11.5% –
Return on capital employed 9.5% 11.8% -20.9%
Asset turnover 0.6x 0.7x 0.6x
Cash conversion (OCF / net income) 1.0x 1.9x –
Stock comp / revenue 0.7% 0.7% 9.6%

Financial Health

11 metrics
MetricGEHCPHGHTFL
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% 18.8%
Equity / assets 29.5% 42.9% 81.2%
Interest coverage 6.4x 6.2x –
Current ratio 1.3x 1.3x 5.1x
Quick ratio 0.9x 0.7x 6.6x
Cash ratio 0.3x 0.2x 5.6x
Altman Z-score 1.85 – 41.58

Shareholder Returns

7 metrics
MetricGEHCPHGHTFL
Dividend yield 0.3% 3.7% –
Net buyback yield 1.2% -0.5% –
Shareholder yield 1.4% 3.2% –
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.

ConsensusGEHCPHGHTFL
Forward P/E 14.0xFY2026 13.6xFY2026 –
EPS, next fiscal year $5.09FY2026 $1.98FY2026 $-0.43FY2026
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 $261.56MFY2026
Revenue growth, next FY +8.9%FY2026 +1.8%FY2026 +48.6%FY2026
Revenue growth, the year after +7.5% -8.2% +20.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersGEHCPHGHTFL
Held by institutions 87.0% 5.4% 100.0%
Institutions holding 1,221 363 192
Change in shares held, QoQ +1.7% +0.8% +133.0%
Institutions buying 538 266 140
Institutions selling 461 76 38
Buyers to sellers 1.17 3.50 3.68

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.

GEHCPHGHTFL
GEHC 1.00 0.52 0.19
PHG 0.52 1.00 0.14
HTFL 0.19 0.14 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, GEHC, PHG and HTFL?

GE HealthCare Technologies (GEHC) is the largest by market capitalisation: GE HealthCare Technologies (GEHC) $32.60B, Koninklijke Philips (PHG) $25.18B, Heartflow (HTFL) $4.93B.

Which stock is cheaper, GEHC, PHG and HTFL?

Koninklijke Philips (PHG) trades on the lowest price-to-earnings ratio (GE HealthCare Technologies (GEHC) 16.4x, Koninklijke Philips (PHG) 13.7x, Heartflow (HTFL) -49.2x). On next year's consensus earnings, Koninklijke Philips (PHG) is cheapest (GE HealthCare Technologies (GEHC) 14.0x, Koninklijke Philips (PHG) 13.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Heartflow (HTFL) grew revenue fastest over the trailing twelve months: GE HealthCare Technologies (GEHC) +6.5%, Koninklijke Philips (PHG) +6.1%, Heartflow (HTFL) +42.5%.

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%, Heartflow (HTFL) -49.4%). 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 Heartflow (HTFL) returned the most: GE HealthCare Technologies (GEHC) -7.5%, Koninklijke Philips (PHG) -7.3%, Heartflow (HTFL) +42.1%. 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) 28.7%, Heartflow (HTFL) 76.9%). Volatility measures how widely the price swings, not the risk of the business.

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

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.