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Side-by-side financial comparison of GE HealthCare (GEHC) and Lennar (LEN). Click either name above to swap in a different company.
Lennar is the larger business by last-quarter revenue ($9.4B vs $5.1B, roughly 1.8× GE HealthCare). GE HealthCare runs the higher net margin — 8.0% vs 5.2%, a 2.8% gap on every dollar of revenue. On growth, GE HealthCare posted the faster year-over-year revenue change (7.4% vs -5.8%). Lennar produced more free cash flow last quarter ($1.7B vs $112.0M). Over the past eight quarters, Lennar's revenue compounded faster (13.2% CAGR vs 3.0%).
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...
Lennar Corporation is an American home construction company based in Miami-Dade County, Florida. As of 2025, it is the second-largest home construction company in the United States based on the number of homes sold. Lennar has investments in multifamily and single-family residential rental properties, luxury development, property technology with LenX, and mortgage lending from Lennar Mortgage.
GEHC vs LEN — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $5.1B | $9.4B |
| Net Profit | $411.0M | $490.2M |
| Gross Margin | 38.5% | — |
| Operating Margin | 10.0% | 7.3% |
| Net Margin | 8.0% | 5.2% |
| Revenue YoY | 7.4% | -5.8% |
| Net Profit YoY | -30.1% | -55.3% |
| 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 | $5.1B | — | ||
| Q4 25 | $5.7B | $9.4B | ||
| Q3 25 | $5.1B | $8.8B | ||
| Q2 25 | $5.0B | $8.4B | ||
| Q1 25 | $4.8B | $7.6B | ||
| Q4 24 | $5.3B | $9.9B | ||
| Q3 24 | $4.9B | $9.4B | ||
| Q2 24 | $4.8B | $8.8B |
| Q1 26 | $411.0M | — | ||
| Q4 25 | $588.0M | $490.2M | ||
| Q3 25 | $446.0M | $591.0M | ||
| Q2 25 | $486.0M | $477.4M | ||
| Q1 25 | $564.0M | $519.5M | ||
| Q4 24 | $721.0M | $1.1B | ||
| Q3 24 | $470.0M | $1.2B | ||
| Q2 24 | $428.0M | $954.3M |
| 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 | 14.5% | 7.3% | ||
| Q3 25 | 12.7% | 9.0% | ||
| Q2 25 | 13.1% | 7.7% | ||
| Q1 25 | 13.2% | 9.1% | ||
| Q4 24 | 15.1% | 14.7% | ||
| Q3 24 | 13.9% | 16.3% | ||
| Q2 24 | 12.6% | 14.4% |
| Q1 26 | 8.0% | — | ||
| Q4 25 | 10.3% | 5.2% | ||
| Q3 25 | 8.7% | 6.7% | ||
| Q2 25 | 9.7% | 5.7% | ||
| Q1 25 | 11.8% | 6.8% | ||
| Q4 24 | 13.6% | 11.0% | ||
| Q3 24 | 9.7% | 12.3% | ||
| Q2 24 | 8.8% | 10.9% |
| Q1 26 | $0.85 | — | ||
| Q4 25 | $1.28 | — | ||
| Q3 25 | $0.98 | $2.29 | ||
| Q2 25 | $1.06 | $1.81 | ||
| Q1 25 | $1.23 | $1.96 | ||
| Q4 24 | $1.58 | $4.03 | ||
| Q3 24 | $1.02 | $4.26 | ||
| Q2 24 | $0.93 | $3.45 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $3.8B |
| Total DebtLower is stronger | $10.1B | $5.9B |
| Stockholders' EquityBook value | $10.7B | $22.0B |
| Total Assets | $37.1B | $34.4B |
| Debt / EquityLower = less leverage | 0.95× | 0.27× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $4.5B | $3.8B | ||
| Q3 25 | $4.0B | — | ||
| Q2 25 | $3.7B | — | ||
| Q1 25 | $2.5B | — | ||
| Q4 24 | $2.9B | $4.9B | ||
| Q3 24 | $3.5B | — | ||
| Q2 24 | $2.0B | — |
| Q1 26 | $10.1B | — | ||
| Q4 25 | $10.0B | $5.9B | ||
| Q3 25 | $10.3B | — | ||
| Q2 25 | $10.3B | — | ||
| Q1 25 | $8.8B | — | ||
| Q4 24 | $9.0B | $4.2B | ||
| Q3 24 | $10.3B | — | ||
| Q2 24 | $9.2B | — |
| Q1 26 | $10.7B | — | ||
| Q4 25 | $10.4B | $22.0B | ||
| Q3 25 | $10.0B | $22.6B | ||
| Q2 25 | $9.7B | $22.6B | ||
| Q1 25 | $9.2B | $22.7B | ||
| Q4 24 | $8.4B | $27.9B | ||
| Q3 24 | $8.3B | $27.4B | ||
| Q2 24 | $7.8B | $26.9B |
| Q1 26 | $37.1B | — | ||
| Q4 25 | $36.9B | $34.4B | ||
| Q3 25 | $36.1B | $34.9B | ||
| Q2 25 | $35.5B | $34.4B | ||
| Q1 25 | $33.6B | $35.0B | ||
| Q4 24 | $33.1B | $41.3B | ||
| Q3 24 | $33.9B | $39.7B | ||
| Q2 24 | $31.9B | $38.7B |
| Q1 26 | 0.95× | — | ||
| Q4 25 | 0.96× | 0.27× | ||
| Q3 25 | 1.03× | — | ||
| Q2 25 | 1.06× | — | ||
| Q1 25 | 0.95× | — | ||
| Q4 24 | 1.06× | 0.15× | ||
| Q3 24 | 1.24× | — | ||
| Q2 24 | 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 | — | $1.8B |
| Free Cash FlowOCF − Capex | $112.0M | $1.7B |
| FCF MarginFCF / Revenue | 2.2% | 17.9% |
| Capex IntensityCapex / Revenue | — | 0.9% |
| Cash ConversionOCF / Net Profit | — | 3.59× |
| TTM Free Cash FlowTrailing 4 quarters | — | $28.2M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $-158.6M | ||
| Q2 25 | $94.0M | $-1.1B | ||
| Q1 25 | $250.0M | $-289.0M | ||
| Q4 24 | — | $974.5M | ||
| Q3 24 | — | $819.2M | ||
| Q2 24 | $-119.0M | $241.8M |
| Q1 26 | $112.0M | — | ||
| Q4 25 | — | $1.7B | ||
| Q3 25 | — | $-190.8M | ||
| Q2 25 | $8.0M | $-1.1B | ||
| Q1 25 | $98.0M | $-345.1M | ||
| Q4 24 | — | $933.1M | ||
| Q3 24 | — | $800.8M | ||
| Q2 24 | $-183.0M | $203.0M |
| Q1 26 | 2.2% | — | ||
| Q4 25 | — | 17.9% | ||
| Q3 25 | — | -2.2% | ||
| Q2 25 | 0.2% | -13.3% | ||
| Q1 25 | 2.1% | -4.5% | ||
| Q4 24 | — | 9.4% | ||
| Q3 24 | — | 8.5% | ||
| Q2 24 | -3.8% | 2.3% |
| Q1 26 | — | — | ||
| Q4 25 | 2.4% | 0.9% | ||
| Q3 25 | 2.1% | 0.4% | ||
| Q2 25 | 1.7% | 0.2% | ||
| Q1 25 | 3.2% | 0.7% | ||
| Q4 24 | 1.9% | 0.4% | ||
| Q3 24 | 1.9% | 0.2% | ||
| Q2 24 | 1.3% | 0.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.59× | ||
| Q3 25 | — | -0.27× | ||
| Q2 25 | 0.19× | -2.29× | ||
| Q1 25 | 0.44× | -0.56× | ||
| Q4 24 | — | 0.89× | ||
| Q3 24 | — | 0.70× | ||
| Q2 24 | -0.28× | 0.25× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
LEN
| Lennar Homebuilding East Central West Houstonand Other | $8.9B | 95% |
| Lennar Financial Services | $308.8M | 3% |
| Lennar Multifamily | $158.7M | 2% |
| Lennar Other | $14.8M | 0% |
| Homebuilding Other Regions | $3.9M | 0% |
