GE HealthCare Technologies Inc. (GEHC)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|---|
| Operating income | US$ in thousands | 2,625,000 | 2,435,000 | 2,522,000 |
| Revenue | US$ in thousands | 19,108,000 | 18,952,000 | 18,199,000 |
| Operating profit margin | 13.74% | 12.85% | 13.86% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $2,625,000K ÷ $19,108,000K
= 13.74%
Based on the provided data, the operating profit margin of GE HealthCare Technologies Inc. has shown some fluctuations over the period analyzed. In December 31, 2022, the operating profit margin stood at 13.86%, which decreased slightly to 12.85% by December 31, 2023. However, there was an improvement in the operating profit margin in the following year, as it increased to 13.74% by December 31, 2024.
These variations in the operating profit margin indicate that the company's profitability from its core operations experienced some ups and downs during the period. It is essential for GE HealthCare Technologies Inc. to continue monitoring and managing its costs effectively to ensure a healthy operating profit margin and sustained profitability over time.
Peer comparison
Dec 31, 2024