Direct Answer

SEC EDGAR classifies GE HealthCare under SIC major group 38. Among Swoopr's S&P 500 Equal Weight companies, 191 others share that classification; by latest reported revenue, GE HealthCare ranks 10 of 192. A filing classification is a starting point: a company's real competitors depend on its segments, which its 10-K describes.

How Does GE HealthCare Compare With Its Peers?

CompanyRevenue (latest FY)Revenue growthOperating marginNet margin
Thermo Fisher Scientific (TMO)$44.6 billion FY20253.9%17.4%15.1%
Northrop Grumman (NOC)$42.0 billion FY20252.2%10.8%10.0%
Medtronic (MDT)$36.4 billion FY20268.4%17.8%0.0%
Medline Inc. (MDLN)$28.4 billion FY202511.5%7.8%4069.4%
Stryker Corporation (SYK)$25.1 billion FY202511.2%19.5%12.9%
3M (MMM)$24.9 billion FY20251.5%18.6%13.0%
Becton Dickinson (BDX)$21.8 billion FY20258.2%11.8%7.7%
L3Harris (LHX)$21.3 billion FY20249.8%9.0%7.0%
Trane Technologies (TT)$21.3 billion FY20257.5%18.6%13.7%
GE HealthCare (GEHC)$20.6 billion FY20254.8%13.4%10.1%
Boston Scientific (BSX)$20.1 billion FY202519.9%18.0%14.4%
KLA (KLAC)$12.2 billion FY202523.9%n/a33.4%
Baxter International (BAX)$11.2 billion FY20255.7%-2.7%-8.5%
Intuitive Surgical (ISRG)$10.1 billion FY202520.5%29.3%28.4%
Rockwell Automation (ROK)$8.3 billion FY20250.9%20.4%10.4%
Solventum (SOLV)$8.3 billion FY20250.9%26.2%18.7%
Zimmer Biomet (ZBH)$8.2 billion FY20257.2%13.3%8.6%
Roper Technologies (ROP)$7.9 billion FY202512.3%28.3%19.4%
Ametek (AME)$7.4 billion FY20256.6%25.8%20.0%
Garmin (GRMN)$7.2 billion FY202515.1%25.9%23.0%
Agilent Technologies (A)$6.9 billion FY20256.7%21.3%18.8%
Avantor Inc. (AVTR)$6.6 billion FY2025-3.4%-3.8%-8.1%
Teledyne Technologies (TDY)$6.1 billion FY20257.9%18.8%14.6%
Edwards Lifesciences (EW)$6.1 billion FY202511.5%20.8%17.7%
Steris (STE)$5.9 billion FY20268.7%18.6%13.2%
Coherent Corp. (COHR)$5.8 billion FY202523.4%n/a0.5%
Veralto (VLTO)$5.5 billion FY20256.0%23.2%17.1%
Keysight Technologies (KEYS)$5.4 billion FY20258.0%16.3%15.8%
ResMed (RMD)$5.1 billion FY20259.8%32.7%27.2%
Dexcom (DXCM)$4.7 billion FY202515.6%19.6%17.9%
Illumina Inc. (ILMN)$4.3 billion FY2025-0.7%18.6%19.6%
Fortive (FTV)$4.2 billion FY20251.9%17.3%12.8%
Cooper Companies (COO)$4.1 billion FY20255.1%16.7%9.2%
Align Technology (ALGN)$4.0 billion FY20250.9%13.5%10.2%
Mettler Toledo (MTD)$4.0 billion FY20254.0%n/a21.6%
MKS Inc. (MKSI)$3.9 billion FY20259.6%13.4%7.5%
DENTSPLY SIRONA Inc. (XRAY)$3.7 billion FY2025-3.0%-11.5%-16.3%
Trimble Inc. (TRMB)$3.6 billion FY2025-2.6%16.5%11.8%
Bruker Corporation (BRKR)$3.4 billion FY20252.1%2.0%-0.2%
Teradyne (TER)$3.2 billion FY202513.1%20.4%17.4%
Waters Corporation (WAT)$3.2 billion FY20257.0%25.4%20.3%
MiniMed Group Inc. (MMED)$3.1 billion FY202614.3%-6.1%-10.7%
Vontier Corporation (VNT)$3.1 billion FY20253.2%18.3%13.2%
West Pharmaceutical Services (WST)$3.1 billion FY20256.3%19.0%16.1%
Globus Medical Inc. (GMED)$2.9 billion FY202516.7%16.3%18.3%
Revvity (RVTY)$2.9 billion FY20253.7%12.5%8.4%
Envista Holdings Corporation (NVST)$2.7 billion FY20258.3%7.9%1.7%
Insulet Corporation (PODD)$2.7 billion FY202530.7%17.5%9.1%
Bio-Rad Laboratories Inc. (BIO)$2.6 billion FY20250.7%1.8%29.4%
MSA Safety Incorporated (MSA)$1.9 billion FY20253.7%19.8%14.9%
Penumbra Inc. (PEN)$1.4 billion FY202517.5%13.5%12.7%
Haemonetics Corporation (HAE)$1.3 billion FY2026-2.0%11.7%0.0%
Embecta Corp. (EMBC)$1.1 billion FY2025-3.8%22.4%8.8%
Eastman Kodak Company (KODK)$1.1 billion FY20252.5%0.0%-12.0%
Onto Innovation Inc. (ONTO)$1.0 billion FY20251.8%13.2%0.0%
Fossil Group Inc. (FOSL)$1.0 billion FY2025-12.3%-1.9%-7.7%
Cognex Corporation (CGNX)$994 million FY20258.7%16.3%11.5%
Alphatec Holdings Inc. (ATEC)$764 million FY202525.0%-10.7%-18.8%
iRhythm Holdings Inc. (IRTC)$747 million FY202526.2%-7.7%-6.0%
Movado Group Inc. (MOV)$671 million FY20262.7%4.4%4.0%
GoPro Inc. (GPRO)$652 million FY2025-18.7%-12.8%-14.3%
10x Genomics Inc. (TXG)$643 million FY20255.2%-9.5%-6.8%
Cadre Holdings Inc. (CDRE)$610 million FY20257.5%11.0%7.2%
Bioventus Inc. (BVS)$568 million FY2025-0.9%9.5%4.0%
Allient Inc. (ALNT)$554 million FY20254.6%7.9%4.0%
AtriCure Inc. (ATRC)$535 million FY202514.9%-1.8%-2.1%
Accuray Incorporated (ARAY)$459 million FY20252.7%1.7%-0.3%
MiMedx Group Inc (MDXG)$419 million FY202520.0%15.3%11.6%
Inogen Inc (INGN)$349 million FY20253.9%-8.7%6.5%
Transcat Inc. (TRNS)$332 million FY202619.2%4.0%1.6%
Tactile Systems Technology Inc. (TCMD)$330 million FY202512.5%8.9%5.8%
AngioDynamics Inc. (ANGO)$320 million FY20269.5%-12.5%-11.5%
PROCEPT BioRobotics Corporation (PRCT)$308 million FY202537.2%-33.7%-0.0%
SkinHealth Systems Inc. (SKIN)$301 million FY2025-10.0%-6.9%-3.2%
Kewaunee Scientific Corporation (KEQU)$282 million FY202617.3%5.9%3.4%
Mesa Laboratories Inc. (MLAB)$249 million FY20263.4%7.4%2.7%
OrthoPediatrics Corp. (KIDS)$236 million FY202515.4%-16.6%-16.8%
Cerus Corporation (CERS)$234 million FY202516.1%-3.7%-6.7%
Axogen Inc. (AXGN)$225 million FY202520.2%-3.5%-7.0%
Treace Medical Concepts Inc. (TMCI)$213 million FY20251.6%-25.5%-27.7%
Intuitive Machines Inc. (LUNR)$210 million FY2025-7.9%-41.5%-39.7%
Cytek Biosciences Inc. (CTKB)$201 million FY20250.5%-20.0%-33.0%
SI-BONE Inc. (SIBN)$201 million FY202520.2%-11.1%-9.4%
Lakeland Industries Inc. (LAKE)$193 million FY202615.2%-8.1%-13.1%
Hurco Companies Inc. (HURC)$179 million FY2025-4.3%-5.8%-8.5%
Heartflow Inc. (HTFL)$176 million FY202539.9%-36.4%-66.3%
Pacific Biosciences of California Inc. (PACB)$160 million FY20253.9%-346.2%-341.5%
Neuronetics Inc. (STIM)$149 million FY202599.2%-21.1%-26.1%
InfuSystems Holdings Inc. (INFU)$143 million FY20256.4%8.3%4.6%
Quanterix Corporation (QTRX)$139 million FY20251.1%-90.4%-77.2%
RxSight Inc. (RXST)$134 million FY2025-3.9%-35.8%-0.0%
Xtant Medical Holdings Inc. (XTNT)$134 million FY202514.2%5.4%0.0%
Sypris Solutions Inc. (SYPR)$120 million FY2025-14.5%-5.5%-0.0%
Outset Medical Inc. (OM)$119 million FY20255.1%-55.8%-68.3%
OraSure Technologies Inc. (OSUR)$115 million FY2025-38.1%-62.6%-59.8%
inTest Corporation (INTT)$114 million FY2025-12.9%-3.3%-2.2%
Anika Therapeutics Inc. (ANIK)$113 million FY2025-5.9%-9.8%-9.8%
Geospace Technologies Corporation (GEOS)$111 million FY2025-18.3%-10.2%-8.8%
Owlet Inc. (OWLT)$106 million FY202537.1%-7.0%-36.6%
Sanara MedTech Inc. (SMTI)$103 million FY202519.0%7.1%36.4%
Beta Bionics Inc. (BBNX)$100 million FY202553.9%-71.5%-73.0%
Neuropace Inc. (NPCE)$100 million FY202525.1%-16.3%-21.5%
Butterfly Network Inc. (BFLY)$98 million FY202519.0%-88.5%-79.0%
Kestra Medical Technologies Ltd. (KMTS)$95 million FY202659.0%-141.6%-138.4%
Pulmonx Corporation (LUNG)$90 million FY20258.0%-59.3%-59.7%
CeriBell Inc. (CBLL)$89 million FY202536.1%-65.6%-60.0%
Harvard Bioscience Inc. (HBIO)$87 million FY2025-8.1%-56.1%-65.5%
Delcath Systems Inc. (DCTH)$85 million FY2025129.1%0.8%3.2%
iRadimed Corporation (IRMD)$84 million FY202514.4%31.2%26.8%
TELA Bio Inc. (TELA)$80 million FY202515.8%-42.0%-48.3%
Sight Sciences Inc. (SGHT)$77 million FY2025-3.1%-48.0%-49.7%
Avita Medical Inc. (RCEL)$72 million FY202511.5%-59.4%-67.8%
Pro-Dex Inc. (PDEX)$67 million FY202523.7%16.1%13.5%
Electromed Inc. (ELMD)$64 million FY202517.0%15.1%11.8%
Frequency Electronics Inc. (FEIM)$63 million FY2026-9.4%-4.7%-0.0%
LENSAR Inc. (LNSR)$58 million FY20259.2%-42.1%-58.7%
CVRx Inc. (CVRX)$57 million FY202510.4%-90.5%-94.1%
908 Devices Inc. (MASS)$56 million FY202517.7%-70.1%34.7%
Apyx Medical Corporation (APYX)$53 million FY20259.9%-12.2%-21.2%
IRIDEX Corporation (IRIX)$53 million FY20258.2%-4.9%-8.4%
Carlsmed Inc. (CARL)$51 million FY202585.9%-60.5%-58.7%
Aehr Test Systems (AEHR)$50 million FY2026-15.2%-28.3%-14.3%
Shoulder Innovations Inc. (SI)$47 million FY202549.6%-55.6%-85.3%
TriSalus Life Sciences Inc. (TLSI)$45 million FY202553.4%-59.7%-86.9%
SANUWAVE Health Inc. (SNWV)$44 million FY202535.0%11.2%26.8%
Optex Systems Holdings Inc. (OPXS)$41 million FY202521.6%17.3%12.5%
KORU Medical Systems Inc. (KRMD)$41 million FY202522.2%-7.2%-6.4%
MIND Technology Inc. (MIND)$41 million FY2026-12.6%7.0%1.8%
Myomo Inc. (MYO)$41 million FY202525.7%-35.2%-38.1%
Utah Medical Products Inc. (UTMD)$39 million FY2025-5.8%29.6%29.3%
Retractable Technologies Inc. (RVP)$38 million FY202515.8%-55.3%-32.8%
Cytosorbents Corporation (CTSO)$37 million FY20254.1%-39.8%-22.1%
ClearPoint Neuro Inc. (CLPT)$37 million FY202517.8%-65.4%-69.1%
Senseonics Holdings Inc. (SENS)$35 million FY202556.9%-193.8%-196.0%
Rapid Micro Biosystems Inc. (RPID)$34 million FY202519.7%-141.1%-140.3%
Orchestra BioMed Holdings Inc. (OBIO)$33 million FY20251169.2%-154.7%-157.4%
Stereotaxis Inc. (STXS)$32 million FY202520.3%-68.3%-66.8%
electroCore Inc. (ECOR)$32 million FY202527.2%-41.1%-43.6%
EyePoint Inc. (EYPT)$31 million FY2025-27.5%-776.0%-739.4%
Bionano Genomics Inc. (BNGO)$29 million FY2025-7.4%-116.9%-92.6%
Syntec Optics Holdings Inc. (OPTX)$28 million FY2025-1.3%-1.8%-6.4%
Sensus Healthcare Inc. (SRTS)$27 million FY2025-34.3%-37.5%-28.1%
Coda Octopus Group Inc. (CODA)$27 million FY202530.7%17.1%15.5%
Precipio Inc. (PRPO)$24 million FY202529.8%-5.0%-1.5%
Data I/O Corporation (DAIO)$22 million FY2025-1.2%-23.8%-24.4%
Spectral AI Inc. (MDAI)$20 million FY2025-33.6%-43.8%-38.5%
Sonoma Pharmaceuticals Inc. (SNOA)$20 million FY202636.7%-12.6%0.0%
Precision Optics Corporation Inc. (POCI)$19 million FY2025-0.1%-29.1%-30.3%
QT Imaging Holdings Inc. (QTI)$19 million FY2025287.9%-23.4%-111.4%
Nephros Inc. (NEPH)$19 million FY202532.7%6.1%6.4%
Moving iMage Technologies Inc. (MITQ)$18 million FY2025-9.9%-6.0%-5.2%
Vivos Therapeutics Inc. (VVOS)$17 million FY202516.0%-114.1%-121.4%
Seer Inc. (SEER)$17 million FY202517.0%-470.5%-444.0%
Hyperfine Inc. (HYPR)$14 million FY20255.2%-273.4%-262.3%
CapsoVision Inc. (CV)$14 million FY202515.3%-188.3%-186.8%
NexGel Inc (NXGL)$11 million FY202531.5%-29.3%-26.3%
NeuroOne Medical Technologies Corporation (NMTC)$9 million FY2025163.5%-46.5%-39.6%
Milestone Scientific Inc. (MLSS)$9 million FY20254.0%-63.5%63.8%
Nuwellis Inc. (NUWE)$8 million FY2025-5.4%-134.3%-211.9%
Beyond Air Inc. (XAIR)$8 million FY2026107.3%-378.2%-433.0%
INVO Fertility Inc. (IVF)$7 million FY20254.7%-105.8%340.9%
MultiSensor AI Holdings Inc. (MSAI)$6 million FY2025-25.0%-216.4%-211.0%
ClearSign Technologies Corporation (CLIR)$5 million FY202545.6%-127.5%-105.0%
Cerenome Inc. (CNSY)$5 million FY2025-10.5%-293.5%-429.4%
Lucid Diagnostics Inc. (LUCD)$5 million FY20258.3%-1054.8%-1232.7%
NextNav Inc. (NN)$5 million FY2025-19.3%-1535.8%-4138.5%
Tenon Medical Inc. (TNON)$4 million FY202520.4%-324.3%-318.4%
Neuraxis Inc. (NRXS)$4 million FY202532.9%-219.4%-218.5%
Intelligent Bio Solutions Inc. (INBS)$3 million FY2025-1.9%-349.8%-346.2%
Innovative Eyewear Inc. (LUCY)$3 million FY202562.6%n/a-285.2%
ENvue Medical Inc. (FEED)$3 million FY2025-0.2%-896.6%-712.3%
Quantum-Si Incorporated (QSI)$2 million FY2025-20.3%-4766.0%-4160.1%
Femasys Inc. (FEMY)$2 million FY202540.8%-767.0%-812.3%
Nutriband Inc. (NTRB)$2 million FY2026-4.8%-408.4%-404.1%
Anteris Technologies Global Corp. (AVR)$2 million FY2025-29.2%-4908.2%-4921.3%
SeaStar Medical Holding Corporation (ICU)$1 million FY2025814.1%-986.6%-984.6%
RenovoRx Inc. (RNXT)$1 million FY20252511.6%-1114.0%-994.5%
SiNtx Technologies Inc. (SINT)$1 million FY2025-64.7%-1053.1%-1018.1%
Astrotech Corporation (ASTC)$1 million FY2025-41.2%-1473.4%-1385.0%
Co-Diagnostics Inc. (CODX)$622,489 FY2025-84.1%-8058.8%-7550.3%
Pulse Biosciences Inc (PLSE)$350,000 FY2025n/a-21982.6%-20794.6%
Nexalin Technology Inc. (NXL)$301,647 FY202578.8%-2781.7%-2725.8%
Focus Universal Inc. (FCUV)$255,023 FY2025-35.9%-1918.8%-1877.4%
Bluejay Diagnostics Inc. (BJDX)$249,040 FY2022n/a-3741.5%-3733.1%
Envoy Medical Inc. (COCH)$241,000 FY20257.1%-9240.7%-9857.3%
Profusa Inc. (PFSA)$100,000 FY2024n/a-4500.0%-9230.0%
PAVmed Inc. (PAVM)$71,000 FY2025-97.6%-30712.7%-5315.5%
Adagio Medical Holdings Inc (ADGM)$0 FY2025n/an/an/a
Aethlon Medical Inc. (AEMD)$0 FY2024-100.0%n/an/a
Autonomix Medical Inc. (AMIX)$0 FY2026n/an/an/a
Fractyl Health Inc. (GUTS)$0 FY2025-100.0%n/an/a
Vivani Medical Inc. (VANI)$0 FY2025n/an/an/a

Revenue growth compares each company's latest fiscal year with the one before. Fiscal years do not always end on the same date, so treat close comparisons with care.

Bar chart of operating margin for GE HealthCare and 7 peers: Thermo Fisher Scientific (TMO) 17.4%, Northrop Grumman (NOC) 10.8%, Medtronic (MDT) 17.8%, Medline Inc. (MDLN) 7.8%, Stryker Corporation (SYK) 19.5%, 3M (MMM) 18.6%, Becton Dickinson (BDX) 11.8%, GE HealthCare (GEHC) 13.4%.
Operating margin of GE HealthCare against companies sharing its SEC industry classification, from the table above. Select the chart to open it full size.

Where These Numbers Come From

Every figure on this page is a value GE HealthCare reported in its own SEC filings, read from the SEC's XBRL data (accession 0001932393-26-000007 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 12, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.

Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.

Frequently Asked Questions

Who are GE HealthCare's competitors?

Companies sharing GE HealthCare's SEC classification (SIC major group 38) include Thermo Fisher Scientific (TMO), Northrop Grumman (NOC), Medtronic (MDT), Medline Inc. (MDLN), Stryker Corporation (SYK). Its 10-K names the competitors it considers most relevant.

How does GE HealthCare compare with its peers on margins?

GE HealthCare's fiscal 2025 operating margin was 13.4%, against a peer median of -8.4%.

How are these peers chosen?

By the SEC Standard Industrial Classification code each company files under, within Swoopr's S&P 500 Equal Weight company set, falling back to the two-digit major group when fewer than two companies share the exact code. Classification codes are broad, so read the peer list as a screen, not a verdict.

References

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