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Side-by-side financial comparison of American Express (AXP) and GE HealthCare (GEHC). Click either name above to swap in a different company.
GE HealthCare is the larger business by last-quarter revenue ($5.1B vs $18.9M, roughly 271.4× American Express). American Express runs the higher net margin — 15.7% vs 8.0%, a 7.7% gap on every dollar of revenue. On growth, American Express posted the faster year-over-year revenue change (11.4% vs 7.4%). Over the past eight quarters, GE HealthCare's revenue compounded faster (3.0% CAGR vs -95.6%).
American Express Company, together with its subsidiaries, provides charge and credit payment card products, and travel-related services worldwide. The company operates through three segments: Global Consumer Services Group, Global Commercial Services, and Global Merchant and Network Services. Its products and services include payment and financing products; network services; accounts payable expense management products and services; and travel and lifestyle services. The company's products an...
GE Healthcare Technologies, Inc., stylized GE HealthCare, is an American health technology company based in Chicago, Illinois. It operates four divisions: Medical imaging, which includes molecular imaging, computed tomography, magnetic resonance, women’s health screening and X-ray systems; Ultrasound; Patient Care Solutions, which is focused on remote patient monitoring, anesthesia and respiratory care, diagnostic cardiology, and infant care; and Pharmaceutical Diagnostics, which manufactures...
AXP vs GEHC — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $18.9M | $5.1B |
| Net Profit | $3.0M | $411.0M |
| Gross Margin | — | 38.5% |
| Operating Margin | — | 10.0% |
| Net Margin | 15.7% | 8.0% |
| Revenue YoY | 11.4% | 7.4% |
| Net Profit YoY | 15.0% | -31.0% |
| EPS (diluted) | — | $0.85 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $18.9M | $5.1B | ||
| Q4 25 | $10.9B | $5.7B | ||
| Q3 25 | $10.4B | $5.1B | ||
| Q2 25 | $10.3B | $5.0B | ||
| Q1 25 | $9.6B | $4.8B | ||
| Q4 24 | $10.0B | $5.3B | ||
| Q3 24 | $9.7B | $4.9B | ||
| Q2 24 | $9.8B | $4.8B |
| Q1 26 | $3.0M | $411.0M | ||
| Q4 25 | $2.5B | $588.0M | ||
| Q3 25 | $2.9B | $446.0M | ||
| Q2 25 | $2.9B | $486.0M | ||
| Q1 25 | $2.6B | $564.0M | ||
| Q4 24 | $2.2B | $721.0M | ||
| Q3 24 | $2.5B | $470.0M | ||
| Q2 24 | $3.0B | $428.0M |
| Q1 26 | — | 38.5% | ||
| Q4 25 | — | 39.7% | ||
| Q3 25 | — | 38.7% | ||
| Q2 25 | — | 39.6% | ||
| Q1 25 | — | 42.1% | ||
| Q4 24 | — | 42.8% | ||
| Q3 24 | — | 41.7% | ||
| Q2 24 | — | 41.4% |
| Q1 26 | — | 10.0% | ||
| Q4 25 | 28.2% | 14.5% | ||
| Q3 25 | 36.7% | 12.7% | ||
| Q2 25 | 34.4% | 13.1% | ||
| Q1 25 | 34.6% | 13.2% | ||
| Q4 24 | 27.7% | 15.1% | ||
| Q3 24 | 33.0% | 13.9% | ||
| Q2 24 | 38.6% | 12.6% |
| Q1 26 | 15.7% | 8.0% | ||
| Q4 25 | 22.5% | 10.3% | ||
| Q3 25 | 27.9% | 8.7% | ||
| Q2 25 | 28.0% | 9.7% | ||
| Q1 25 | 26.8% | 11.8% | ||
| Q4 24 | 21.8% | 13.6% | ||
| Q3 24 | 25.8% | 9.7% | ||
| Q2 24 | 30.7% | 8.8% |
| Q1 26 | — | $0.85 | ||
| Q4 25 | $3.52 | $1.28 | ||
| Q3 25 | $4.14 | $0.98 | ||
| Q2 25 | $4.08 | $1.06 | ||
| Q1 25 | $3.64 | $1.23 | ||
| Q4 24 | $3.04 | $1.58 | ||
| Q3 24 | $3.49 | $1.02 | ||
| Q2 24 | $4.15 | $0.93 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | — |
| Total DebtLower is stronger | $60.4M | $10.1B |
| Stockholders' EquityBook value | $34.0M | $10.7B |
| Total Assets | $308.9M | $37.1B |
| Debt / EquityLower = less leverage | 1.78× | 0.95× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $742.0M | $4.5B | ||
| Q3 25 | $1.3B | $4.0B | ||
| Q2 25 | $197.0M | $3.7B | ||
| Q1 25 | $261.0M | $2.5B | ||
| Q4 24 | $221.0M | $2.9B | ||
| Q3 24 | $120.0M | $3.5B | ||
| Q2 24 | $188.0M | $2.0B |
| Q1 26 | $60.4M | $10.1B | ||
| Q4 25 | $56.4B | $10.0B | ||
| Q3 25 | $57.8B | $10.3B | ||
| Q2 25 | $58.2B | $10.3B | ||
| Q1 25 | $51.2B | $8.8B | ||
| Q4 24 | $49.7B | $9.0B | ||
| Q3 24 | $53.5B | $10.3B | ||
| Q2 24 | $51.5B | $9.2B |
| Q1 26 | $34.0M | $10.7B | ||
| Q4 25 | $33.5B | $10.4B | ||
| Q3 25 | $32.4B | $10.0B | ||
| Q2 25 | $32.3B | $9.7B | ||
| Q1 25 | $31.2B | $9.2B | ||
| Q4 24 | $30.3B | $8.4B | ||
| Q3 24 | $29.7B | $8.3B | ||
| Q2 24 | $29.5B | $7.8B |
| Q1 26 | $308.9M | $37.1B | ||
| Q4 25 | $300.1B | $36.9B | ||
| Q3 25 | $297.6B | $36.1B | ||
| Q2 25 | $295.6B | $35.5B | ||
| Q1 25 | $282.2B | $33.6B | ||
| Q4 24 | $271.5B | $33.1B | ||
| Q3 24 | $271.0B | $33.9B | ||
| Q2 24 | $272.2B | $31.9B |
| Q1 26 | 1.78× | 0.95× | ||
| Q4 25 | 1.68× | 0.96× | ||
| Q3 25 | 1.78× | 1.03× | ||
| Q2 25 | 1.80× | 1.06× | ||
| Q1 25 | 1.64× | 0.95× | ||
| Q4 24 | 1.64× | 1.06× | ||
| Q3 24 | 1.80× | 1.24× | ||
| Q2 24 | 1.74× | 1.18× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | — |
| Free Cash FlowOCF − Capex | — | $112.0M |
| FCF MarginFCF / Revenue | — | 2.2% |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $3.1B | — | ||
| Q3 25 | $6.2B | — | ||
| Q2 25 | $4.4B | $94.0M | ||
| Q1 25 | $4.8B | $250.0M | ||
| Q4 24 | $5.8B | — | ||
| Q3 24 | $-1.8B | — | ||
| Q2 24 | $4.5B | $-119.0M |
| Q1 26 | — | $112.0M | ||
| Q4 25 | $2.3B | — | ||
| Q3 25 | $5.6B | — | ||
| Q2 25 | $3.7B | $8.0M | ||
| Q1 25 | $4.3B | $98.0M | ||
| Q4 24 | $5.3B | — | ||
| Q3 24 | $-2.3B | — | ||
| Q2 24 | $4.0B | $-183.0M |
| Q1 26 | — | 2.2% | ||
| Q4 25 | 21.4% | — | ||
| Q3 25 | 53.6% | — | ||
| Q2 25 | 36.3% | 0.2% | ||
| Q1 25 | 45.0% | 2.1% | ||
| Q4 24 | 53.1% | — | ||
| Q3 24 | -23.3% | — | ||
| Q2 24 | 40.4% | -3.8% |
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | 2.4% | ||
| Q3 25 | 6.3% | 2.1% | ||
| Q2 25 | 6.0% | 1.7% | ||
| Q1 25 | 4.5% | 3.2% | ||
| Q4 24 | 5.0% | 1.9% | ||
| Q3 24 | 4.7% | 1.9% | ||
| Q2 24 | 5.8% | 1.3% |
| Q1 26 | — | — | ||
| Q4 25 | 1.25× | — | ||
| Q3 25 | 2.15× | — | ||
| Q2 25 | 1.51× | 0.19× | ||
| Q1 25 | 1.84× | 0.44× | ||
| Q4 24 | 2.66× | — | ||
| Q3 24 | -0.72× | — | ||
| Q2 24 | 1.50× | -0.28× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AXP
| Discount revenue | $9.5M | 50% |
| Other | $8.9M | 47% |
| Deposits with banks and other | $512.0K | 3% |
GEHC
| Imaging revenues | $2.3B | 45% |
| AVS revenues | $1.3B | 26% |
| PDx revenues | $770.0M | 15% |
| PCS revenues | $704.0M | 14% |
| Other revenues | $18.0M | 0% |
