NEOG vs GEHC vs BFLY Stock Comparison

Neogen, GE HealthCare Technologies and Butterfly Network Prices as of Oct 28, 2026 Peers: Industry group
NEOG Neogen Corp
$12.12 -11.7% 1M +96.8% 1Y
Market cap
$2.65B
P/E
–
Revenue (TTM)
$883.99M
Div. yield
–
Diagnostic Equipment Healthcare
BFLY Butterfly Network, Inc.
$7.82 -14.5% 1M +253.8% 1Y
Market cap
$1.86B
P/E
–
Revenue (TTM)
$112.15M
Div. yield
–
Diagnostic Equipment Healthcare
3 wins

Head to Head

10 decided of 12

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

QuestionNEOGGEHCBFLYLeader
Larger companyMarket capitalisation $2.65B $34.28B $1.86B GEHC
Cheaper on earningsLower P/E, profitable companies only -47.1x 15.9x -27.4x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 37.9x 14.9x — GEHC
Faster revenue growthRevenue growth, trailing twelve months -0.3% +6.9% +28.1% BFLY
More profitableNet margin, trailing twelve months -6.3% 10.0% -66.7% GEHC
Better return on capitalReturn on invested capital -0.2% 10.8% — GEHC
Less leveragedLower net debt / EBITDA 5.4x 2.0x — GEHC
Higher dividend yieldTrailing dividend yield — 0.20% — –
Better 1-year returnPrice return, last 12 months +96.8% -4.5% +253.8% BFLY
Better 5-year returnAnnualised price return, 5 years -22.1%/yr — -5.4%/yr BFLY
Less volatileAnnualised volatility, 1 year 55.7% 35.5% 115.0% GEHC
Higher overall scoreMean of the five percentile scores vs peers 57/100 57/100 45/100 GEHC

Percentile Scorecard

NEOGGEHCBFLY

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

AxisNEOGGEHCBFLY
Valuation 73 #63 of 227 91 #21 of 227 29 #161 of 227
Growth 50 #111 of 219 35 #143 of 219 67 #72 of 219
Profitability 63 #76 of 205 79 #44 of 205 33 #138 of 205
Financial Health 46 #128 of 237 28 #170 of 237 61 #92 of 237
Shareholder Returns 55 #61 of 135 54 #63 of 135 37 #86 of 135
Overall 57 57 45
  • NEOG ranked among 247 companies in Medical Devices and Diagnostics
  • GEHC 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

PeriodNEOGGEHCBFLYSPY
1 month -11.7%+13.5%-14.5% +0.9%
3 months +28.9%+5.5%+10.3% +5.9%
6 months +34.5%+27.4%+58.9% +8.5%
Year to date +73.4%-7.6%+105.8% +13.3%
1 year +96.8%-4.5%+253.8% +12.4%
3 years -20.9%+20.2%+889.9% +88.1%
3 years, per year -7.5%+6.3%+114.8% +23.5%
5 years -71.4%—-24.2% +68.2%
5 years, per year -22.1%—-5.4% +11.0%
10 years -38.0%—— +263.4%
10 years, per year -4.7%—— +13.8%

Risk

MeasureNEOGGEHCBFLYSPY
Volatility, 1Y 55.7%35.5%115.0% 12.7%
Downside volatility, 1Y 46.7%35.9%91.7% 12.7%
Beta vs S&P 500, 1Y 1.440.683.01 1.00
Return / volatility, 1Y 1.74-0.132.21 0.98
Max drawdown, 5Y -90.6%-37.4%-93.4% -25.4%
From 52-week high -13.3%-14.0%-21.3% -0.9%
52-week high $13.98$88.16$9.94 $779.14
52-week low $5.41$59.49$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.

MultipleNEOGGEHCBFLY
P/E now vs peer median -47.1xmedian 28.8x 15.9xmedian 28.8x -27.4xmedian 28.8x
P/S now vs peer median 3.0xmedian 3.0x 1.6xmedian 3.0x 16.6xmedian 3.0x
EV/EBITDA now vs peer median 29.3xmedian 17.4x 11.8xmedian 17.4x -24.0xmedian 17.4x
P/FCF now vs peer median 53.1xmedian 25.7x 18.1xmedian 25.7x -66.4xmedian 25.7x
P/B now vs peer median 1.3xmedian 2.4x 2.9xmedian 2.4x 9.8xmedian 2.4x
PEG now vs peer median 1.68median 1.03 1.29median 1.03 -1.01median 1.03

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 monthsNEOGGEHCBFLY
Revenue $883.99M $21.64B $112.15M
Gross profit $418.98M $8.64B $59.04M
Operating income -$7.38M $2.89B -$79.38M
Net income -$56.10M $2.21B -$74.85M
Free cash flow $49.80M $1.89B -$28.04M
R&D $19.76M $1.31B $38.10M
EPS (diluted) $-0.26 $4.75 $-0.29
Cash & equivalents $172.00M $2.86B $124.66M
Total debt $774.20M $9.97B –
Shares (diluted) 218.10M 453.00M 262.10M
Enterprise value $1.98B $22.75B $1.30B

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
MetricNEOGGEHCBFLY
P/E -47.1x 15.9x -27.4x
P/FCF 53.1x 18.1x -66.4x
P/Operating cash flow 31.0x 14.2x -77.5x
P/S 3.0x 1.6x 16.6x
P/B 1.3x 2.9x 9.8x
P/Tangible book 3.3x 3.5x 10.2x
EV/EBITDA 29.3x 11.8x -24.0x
EV/EBIT -440.3x 14.3x -21.9x
EV/Revenue 3.7x 1.9x 15.5x
EV/FCF 65.2x 21.9x -61.9x
EV/Operating cash flow 38.1x 17.1x -72.3x
PEG (3Y EPS CAGR) 1.68 1.29 -1.01

Growth

14 metrics
MetricNEOGGEHCBFLY
Revenue growth (1Y) -0.3% 6.9% 28.1%
Revenue CAGR (3Y) -1.3% 3.9% 15.6%
Gross profit growth (1Y) 1.8% 4.6% 8.8%
Gross profit CAGR (3Y) -3.1% 3.9% 13.3%
Operating income growth (1Y) 99.3% 5.4% -14.8%
Operating income CAGR (3Y) -29.0% 4.6% 21.1%
Net income growth (1Y) 94.6% -3.5% -19.1%
Net income CAGR (3Y) -28.3% 7.6% 20.8%
EPS growth (1Y) 94.6% -2.0% -12.9%
EPS CAGR (3Y) -28.0% 12.3% 27.0%
Operating cash flow growth (1Y) -1.9% 30.5% 19.6%
Operating cash flow CAGR (3Y) 2.9% 4.5% 44.5%
Free cash flow growth (1Y) 1,631% 34.9% 12.2%
Free cash flow CAGR (3Y) 126.1% 2.7% 42.8%

Profitability

14 metrics
MetricNEOGGEHCBFLY
Gross margin 47.4% 39.9% 52.6%
EBITDA margin 12.5% 16.2% -64.4%
Operating margin -0.8% 13.3% -70.8%
Pretax margin -7.7% 12.8% -66.7%
Net margin -6.3% 10.0% -66.7%
FCF margin 5.6% 8.7% -25.0%
Operating cash flow margin 9.6% 11.2% -21.4%
Return on equity -2.7% 19.5% -39.3%
Return on assets -1.7% 5.8% -26.3%
Return on invested capital -0.2% 10.8% –
Return on capital employed -0.2% 10.0% -35.1%
Asset turnover 0.3x 0.6x 0.4x
Cash conversion (OCF / net income) -1.5x 1.1x 0.3x
Stock comp / revenue 1.3% 0.7% 21.3%

Financial Health

11 metrics
MetricNEOGGEHCBFLY
Debt / assets 23.4% 26.0% –
Debt / equity 0.4x 0.9x –
Net debt / EBITDA 5.4x 2.0x –
Debt / FCF 15.5x 5.3x –
Liabilities / assets 36.8% 69.7% 33.1%
Equity / assets 63.2% 30.3% 66.9%
Interest coverage – 6.6x -59.4x
Current ratio 3.9x 1.3x 4.1x
Quick ratio 2.1x 0.9x 2.7x
Cash ratio 1.2x 0.3x 2.1x
Altman Z-score 1.49 1.91 7.69

Shareholder Returns

7 metrics
MetricNEOGGEHCBFLY
Dividend yield – 0.2% –
Net buyback yield -0.1% 0.8% -0.4%
Shareholder yield -0.1% 1.0% -0.4%
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.

ConsensusNEOGGEHCBFLY
Forward P/E 37.9xFY2026 14.9xFY2026 –
EPS, next fiscal year $0.32FY2026 $5.09FY2026 $-0.10FY2026
EPS growth, next FY 0.0%FY2026 +10.9%FY2026 –
EPS growth, the year after +31.3% -0.4% –
Revenue, next fiscal year $847.28MFY2026 $22.47BFY2026 $114.50MFY2026
Revenue growth, next FY -2.7%FY2026 +8.9%FY2026 +17.3%FY2026
Revenue growth, the year after -1.5% +7.5% +26.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNEOGGEHCBFLY
Held by institutions 100.0% 87.0% 59.9%
Institutions holding 315 1,221 245
Change in shares held, QoQ +1.6% +1.7% +13.9%
Institutions buying 151 538 143
Institutions selling 106 461 59
Buyers to sellers 1.42 1.17 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.

NEOGGEHCBFLY
NEOG 1.00 0.27 0.25
GEHC 0.27 1.00 0.22
BFLY 0.25 0.22 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, NEOG, GEHC and BFLY?

GE HealthCare Technologies (GEHC) is the largest by market capitalisation: Neogen (NEOG) $2.65B, GE HealthCare Technologies (GEHC) $34.28B, Butterfly Network (BFLY) $1.86B.

Which company is growing faster?

Butterfly Network (BFLY) grew revenue fastest over the trailing twelve months: Neogen (NEOG) -0.3%, GE HealthCare Technologies (GEHC) +6.9%, Butterfly Network (BFLY) +28.1%.

Which company is more profitable?

GE HealthCare Technologies (GEHC) has the highest net margin (Neogen (NEOG) -6.3%, GE HealthCare Technologies (GEHC) 10.0%, Butterfly Network (BFLY) -66.7%). On return on invested capital, GE HealthCare Technologies (GEHC) leads (Neogen (NEOG) -0.2%, GE HealthCare Technologies (GEHC) 10.8%).

Which stock has performed better?

Over the past year Butterfly Network (BFLY) returned the most: Neogen (NEOG) +96.8%, GE HealthCare Technologies (GEHC) -4.5%, Butterfly Network (BFLY) +253.8%. Over five years, Butterfly Network (BFLY) compounded fastest (Neogen (NEOG) -22.1%/yr, Butterfly Network (BFLY) -5.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: GE HealthCare Technologies (GEHC) 0.20%. Neogen (NEOG) 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 (Neogen (NEOG) 55.7%, GE HealthCare Technologies (GEHC) 35.5%, Butterfly Network (BFLY) 115.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, NEOG, GEHC 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 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.