GE HealthCare Technologies Inc. (GEHC)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | ||
|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,993,000 | 1,675,000 | 1,580,000 | 1,570,000 | 1,568,000 | 1,719,000 |
| Revenue (ttm) | US$ in thousands | 19,107,000 | 18,958,000 | 18,917,000 | 18,895,000 | 18,952,000 | 19,284,000 |
| Net profit margin | 10.43% | 8.84% | 8.35% | 8.31% | 8.27% | 8.91% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,993,000K ÷ $19,107,000K
= 10.43%
The net profit margin of GE HealthCare Technologies Inc. has shown a gradual improvement over the past few quarters, starting at 8.91% in September 2023 and increasing to 10.43% by December 2024. This indicates that the company has been able to effectively manage its expenses relative to its revenues, resulting in a higher percentage of each dollar of sales translating into profit. The consistent upward trend in net profit margin reflects the company's efficiency in controlling costs and maximizing profitability. It suggests that GE HealthCare Technologies Inc. has been successful in generating stronger earnings from its operations, which is a positive indicator of its overall financial health and performance.
Peer comparison
Dec 31, 2024