GE HealthCare Technologies Inc. (GEHC)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | ||
|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 2,625,000 | 2,513,000 | 2,454,000 | 2,416,000 | 2,435,000 | 2,523,000 |
| Revenue (ttm) | US$ in thousands | 19,107,000 | 18,958,000 | 18,917,000 | 18,895,000 | 18,952,000 | 19,284,000 |
| Operating profit margin | 13.74% | 13.26% | 12.97% | 12.79% | 12.85% | 13.08% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $2,625,000K ÷ $19,107,000K
= 13.74%
Based on the data provided, the operating profit margin of GE HealthCare Technologies Inc. has shown a steady improvement over the analyzed period, increasing from 13.08% as of September 30, 2023, to 13.74% by December 31, 2024. This upward trend indicates that the company has been effectively managing its operating expenses in relation to its revenue generation. The slight fluctuations in the operating profit margin between quarters suggest a level of stability in the company's operations, with the margin consistently staying above 12.5% during the period under review. Overall, the increasing trend in the operating profit margin reflects positively on GE HealthCare Technologies Inc.'s operational efficiency and financial performance, signaling potentially improving profitability in its core business activities.
Peer comparison
Dec 31, 2024