GE HealthCare Technologies Inc. (GEHC)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | ||
|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 2,524,000 | 2,303,000 | 2,290,000 | 2,274,000 | 2,311,000 | 2,420,000 |
| Revenue (ttm) | US$ in thousands | 19,107,000 | 18,958,000 | 18,917,000 | 18,895,000 | 18,952,000 | 19,284,000 |
| Pretax margin | 13.21% | 12.15% | 12.11% | 12.03% | 12.19% | 12.55% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $2,524,000K ÷ $19,107,000K
= 13.21%
The pretax margin for GE HealthCare Technologies Inc. has been relatively stable over the period from September 2023 to December 2024, ranging from 12.03% to 13.21%. This indicates that the company is able to effectively control its operating expenses in relation to its revenue before accounting for taxes. The increase in pretax margin from December 2024 to September 2024 suggests an improvement in the company's profitability. Overall, the consistent performance of GE HealthCare Technologies Inc. in maintaining a healthy pretax margin reflects efficient cost management and sound operational performance.
Peer comparison
Dec 31, 2024