GE HealthCare Technologies Inc. (GEHC)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 2,524,000 | 2,311,000 | 2,479,000 |
| Revenue | US$ in thousands | 19,108,000 | 18,952,000 | 18,199,000 |
| Pretax margin | 13.21% | 12.19% | 13.62% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $2,524,000K ÷ $19,108,000K
= 13.21%
The pretax margin of GE HealthCare Technologies Inc. has been relatively stable over the past three years, standing at 13.62% as of December 31, 2022, decreasing slightly to 12.19% by December 31, 2023, and then showing an improvement to 13.21% as of December 31, 2024. This indicates that the company has been able to effectively manage its operating expenses in relation to its revenue generation, maintaining healthy profitability levels. The slight fluctuations observed in the pretax margin suggest that the company may have experienced changes in its cost structure or revenue composition during this period, highlighting the importance of closely monitoring and managing operational efficiency to sustain financial performance.
Peer comparison
Dec 31, 2024