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Side-by-side financial comparison of GE HealthCare (GEHC) and ManpowerGroup Inc. (MAN). Click either name above to swap in a different company.

GE HealthCare is the larger business by last-quarter revenue ($5.1B vs $4.7B, roughly 1.1× ManpowerGroup Inc.). GE HealthCare runs the higher net margin — 8.0% vs 0.6%, a 7.4% gap on every dollar of revenue. On growth, GE HealthCare posted the faster year-over-year revenue change (7.4% vs 7.1%). ManpowerGroup Inc. produced more free cash flow last quarter ($168.0M vs $112.0M). Over the past eight quarters, ManpowerGroup Inc.'s revenue compounded faster (3.5% 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...

ManpowerGroup is an American multinational corporation headquartered in Milwaukee, Wisconsin. Founded in 1948 by Elmer Winter and Aaron Scheinfeld, ManpowerGroup is the third-largest staffing firm in the world behind Swiss firm Adecco and Dutch firm Randstad NV. The company provides administrative & support services, professional services, and business services through its four primary brands: Manpower, Experis, Right Management, and ManpowerGroup Solutions.

GEHC vs MAN — Head-to-Head

Bigger by revenue
GEHC
GEHC
1.1× larger
GEHC
$5.1B
$4.7B
MAN
Growing faster (revenue YoY)
GEHC
GEHC
+0.3% gap
GEHC
7.4%
7.1%
MAN
Higher net margin
GEHC
GEHC
7.4% more per $
GEHC
8.0%
0.6%
MAN
More free cash flow
MAN
MAN
$56.0M more FCF
MAN
$168.0M
$112.0M
GEHC
Faster 2-yr revenue CAGR
MAN
MAN
Annualised
MAN
3.5%
3.0%
GEHC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GEHC
GEHC
MAN
MAN
Revenue
$5.1B
$4.7B
Net Profit
$411.0M
$30.2M
Gross Margin
38.5%
16.3%
Operating Margin
10.0%
1.7%
Net Margin
8.0%
0.6%
Revenue YoY
7.4%
7.1%
Net Profit YoY
-31.0%
34.2%
EPS (diluted)
$0.85
$0.65

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.

Revenue
GEHC
GEHC
MAN
MAN
Q1 26
$5.1B
Q4 25
$5.7B
$4.7B
Q3 25
$5.1B
$4.6B
Q2 25
$5.0B
$4.5B
Q1 25
$4.8B
$4.1B
Q4 24
$5.3B
$4.4B
Q3 24
$4.9B
$4.5B
Q2 24
$4.8B
$4.5B
Net Profit
GEHC
GEHC
MAN
MAN
Q1 26
$411.0M
Q4 25
$588.0M
$30.2M
Q3 25
$446.0M
$18.0M
Q2 25
$486.0M
$-67.1M
Q1 25
$564.0M
$5.6M
Q4 24
$721.0M
$22.5M
Q3 24
$470.0M
$22.8M
Q2 24
$428.0M
$60.1M
Gross Margin
GEHC
GEHC
MAN
MAN
Q1 26
38.5%
Q4 25
39.7%
16.3%
Q3 25
38.7%
16.6%
Q2 25
39.6%
16.9%
Q1 25
42.1%
17.1%
Q4 24
42.8%
17.2%
Q3 24
41.7%
17.3%
Q2 24
41.4%
17.4%
Operating Margin
GEHC
GEHC
MAN
MAN
Q1 26
10.0%
Q4 25
14.5%
1.7%
Q3 25
12.7%
1.4%
Q2 25
13.1%
-0.6%
Q1 25
13.2%
0.7%
Q4 24
15.1%
1.6%
Q3 24
13.9%
1.6%
Q2 24
12.6%
2.2%
Net Margin
GEHC
GEHC
MAN
MAN
Q1 26
8.0%
Q4 25
10.3%
0.6%
Q3 25
8.7%
0.4%
Q2 25
9.7%
-1.5%
Q1 25
11.8%
0.1%
Q4 24
13.6%
0.5%
Q3 24
9.7%
0.5%
Q2 24
8.8%
1.3%
EPS (diluted)
GEHC
GEHC
MAN
MAN
Q1 26
$0.85
Q4 25
$1.28
$0.65
Q3 25
$0.98
$0.38
Q2 25
$1.06
$-1.44
Q1 25
$1.23
$0.12
Q4 24
$1.58
$0.49
Q3 24
$1.02
$0.47
Q2 24
$0.93
$1.24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GEHC
GEHC
MAN
MAN
Cash + ST InvestmentsLiquidity on hand
$871.0M
Total DebtLower is stronger
$10.1B
$1.1B
Stockholders' EquityBook value
$10.7B
$2.1B
Total Assets
$37.1B
$9.2B
Debt / EquityLower = less leverage
0.95×
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GEHC
GEHC
MAN
MAN
Q1 26
Q4 25
$4.5B
$871.0M
Q3 25
$4.0B
$274.6M
Q2 25
$3.7B
$289.8M
Q1 25
$2.5B
$395.0M
Q4 24
$2.9B
$509.4M
Q3 24
$3.5B
$410.9M
Q2 24
$2.0B
$468.9M
Total Debt
GEHC
GEHC
MAN
MAN
Q1 26
$10.1B
Q4 25
$10.0B
$1.1B
Q3 25
$10.3B
$468.3M
Q2 25
$10.3B
$470.3M
Q1 25
$8.8B
$971.4M
Q4 24
$9.0B
$929.4M
Q3 24
$10.3B
$999.7M
Q2 24
$9.2B
$961.7M
Stockholders' Equity
GEHC
GEHC
MAN
MAN
Q1 26
$10.7B
Q4 25
$10.4B
$2.1B
Q3 25
$10.0B
$2.0B
Q2 25
$9.7B
$2.0B
Q1 25
$9.2B
$2.1B
Q4 24
$8.4B
$2.1B
Q3 24
$8.3B
$2.2B
Q2 24
$7.8B
$2.1B
Total Assets
GEHC
GEHC
MAN
MAN
Q1 26
$37.1B
Q4 25
$36.9B
$9.2B
Q3 25
$36.1B
$8.4B
Q2 25
$35.5B
$8.5B
Q1 25
$33.6B
$8.0B
Q4 24
$33.1B
$8.2B
Q3 24
$33.9B
$8.5B
Q2 24
$31.9B
$8.5B
Debt / Equity
GEHC
GEHC
MAN
MAN
Q1 26
0.95×
Q4 25
0.96×
0.51×
Q3 25
1.03×
0.23×
Q2 25
1.06×
0.24×
Q1 25
0.95×
0.46×
Q4 24
1.06×
0.44×
Q3 24
1.24×
0.46×
Q2 24
1.18×
0.45×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GEHC
GEHC
MAN
MAN
Operating Cash FlowLast quarter
$178.9M
Free Cash FlowOCF − Capex
$112.0M
$168.0M
FCF MarginFCF / Revenue
2.2%
3.6%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
5.92×
TTM Free Cash FlowTrailing 4 quarters
$-161.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GEHC
GEHC
MAN
MAN
Q1 26
Q4 25
$178.9M
Q3 25
$59.8M
Q2 25
$94.0M
$-189.6M
Q1 25
$250.0M
$-153.2M
Q4 24
$247.6M
Q3 24
$83.5M
Q2 24
$-119.0M
$-137.9M
Free Cash Flow
GEHC
GEHC
MAN
MAN
Q1 26
$112.0M
Q4 25
$168.0M
Q3 25
$44.7M
Q2 25
$8.0M
$-207.2M
Q1 25
$98.0M
$-166.9M
Q4 24
$236.3M
Q3 24
$67.4M
Q2 24
$-183.0M
$-149.8M
FCF Margin
GEHC
GEHC
MAN
MAN
Q1 26
2.2%
Q4 25
3.6%
Q3 25
1.0%
Q2 25
0.2%
-4.6%
Q1 25
2.1%
-4.1%
Q4 24
5.4%
Q3 24
1.5%
Q2 24
-3.8%
-3.3%
Capex Intensity
GEHC
GEHC
MAN
MAN
Q1 26
Q4 25
2.4%
0.2%
Q3 25
2.1%
0.3%
Q2 25
1.7%
0.4%
Q1 25
3.2%
0.3%
Q4 24
1.9%
0.3%
Q3 24
1.9%
0.4%
Q2 24
1.3%
0.3%
Cash Conversion
GEHC
GEHC
MAN
MAN
Q1 26
Q4 25
5.92×
Q3 25
3.32×
Q2 25
0.19×
Q1 25
0.44×
-27.36×
Q4 24
11.00×
Q3 24
3.66×
Q2 24
-0.28×
-2.29×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GEHC
GEHC

Imaging revenues$2.3B45%
AVS revenues$1.3B26%
PDx revenues$770.0M15%
PCS revenues$704.0M14%
Other revenues$18.0M0%

MAN
MAN

Other$2.4B52%
Transferred Over Time$1.1B24%
Staffingand Interim$1.0B22%
Productsand Services Other$50.8M1%
Permanent Recruitment$37.5M1%
Outcome Based Solutionsand Consulting$20.7M0%
Transferred At Point In Time$20.4M0%

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