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Side-by-side financial comparison of GE HealthCare (GEHC) and Union Pacific Corporation (UNP). Click either name above to swap in a different company.
Union Pacific Corporation is the larger business by last-quarter revenue ($6.2B vs $5.1B, roughly 1.2× GE HealthCare). Union Pacific Corporation runs the higher net margin — 27.4% vs 8.0%, a 19.4% gap on every dollar of revenue. On growth, GE HealthCare posted the faster year-over-year revenue change (7.4% vs 3.2%). Union Pacific Corporation produced more free cash flow last quarter ($631.0M vs $112.0M). Over the past eight quarters, GE HealthCare's revenue compounded faster (3.0% CAGR vs 1.7%).
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...
The Union Pacific Railroad Company is a Class I freight-hauling railroad that operates 8,300 locomotives over 32,200 miles (51,800 km) routes in 23 U.S. states west of Chicago and New Orleans. Union Pacific is the second-largest railroad in the United States after BNSF.
GEHC vs UNP — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $5.1B | $6.2B |
| Net Profit | $411.0M | $1.7B |
| Gross Margin | 38.5% | — |
| Operating Margin | 10.0% | 39.5% |
| Net Margin | 8.0% | 27.4% |
| Revenue YoY | 7.4% | 3.2% |
| Net Profit YoY | -31.0% | -2.1% |
| EPS (diluted) | $0.85 | $2.87 |
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 | $6.2B | ||
| Q4 25 | $5.7B | $6.1B | ||
| Q3 25 | $5.1B | $6.2B | ||
| Q2 25 | $5.0B | $6.2B | ||
| Q1 25 | $4.8B | $6.0B | ||
| Q4 24 | $5.3B | $6.1B | ||
| Q3 24 | $4.9B | $6.1B | ||
| Q2 24 | $4.8B | $6.0B |
| Q1 26 | $411.0M | $1.7B | ||
| Q4 25 | $588.0M | $1.8B | ||
| Q3 25 | $446.0M | $1.8B | ||
| Q2 25 | $486.0M | $1.9B | ||
| Q1 25 | $564.0M | $1.6B | ||
| Q4 24 | $721.0M | $1.8B | ||
| Q3 24 | $470.0M | $1.7B | ||
| Q2 24 | $428.0M | $1.7B |
| 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% | 39.5% | ||
| Q4 25 | 14.5% | 39.5% | ||
| Q3 25 | 12.7% | 40.8% | ||
| Q2 25 | 13.1% | 41.0% | ||
| Q1 25 | 13.2% | 39.3% | ||
| Q4 24 | 15.1% | 41.3% | ||
| Q3 24 | 13.9% | 39.7% | ||
| Q2 24 | 12.6% | 40.0% |
| Q1 26 | 8.0% | 27.4% | ||
| Q4 25 | 10.3% | 30.4% | ||
| Q3 25 | 8.7% | 28.6% | ||
| Q2 25 | 9.7% | 30.5% | ||
| Q1 25 | 11.8% | 27.0% | ||
| Q4 24 | 13.6% | 28.8% | ||
| Q3 24 | 9.7% | 27.4% | ||
| Q2 24 | 8.8% | 27.9% |
| Q1 26 | $0.85 | $2.87 | ||
| Q4 25 | $1.28 | $3.12 | ||
| Q3 25 | $0.98 | $3.01 | ||
| Q2 25 | $1.06 | $3.15 | ||
| Q1 25 | $1.23 | $2.70 | ||
| Q4 24 | $1.58 | $2.91 | ||
| Q3 24 | $1.02 | $2.75 | ||
| Q2 24 | $0.93 | $2.74 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $735.0M |
| Total DebtLower is stronger | $10.1B | — |
| Stockholders' EquityBook value | $10.7B | — |
| Total Assets | $37.1B | $69.6B |
| Debt / EquityLower = less leverage | 0.95× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $735.0M | ||
| Q4 25 | $4.5B | $1.3B | ||
| Q3 25 | $4.0B | $808.0M | ||
| Q2 25 | $3.7B | $1.1B | ||
| Q1 25 | $2.5B | $1.4B | ||
| Q4 24 | $2.9B | $1.0B | ||
| Q3 24 | $3.5B | $947.0M | ||
| Q2 24 | $2.0B | $1.1B |
| Q1 26 | $10.1B | — | ||
| Q4 25 | $10.0B | $30.3B | ||
| Q3 25 | $10.3B | $30.3B | ||
| Q2 25 | $10.3B | $30.3B | ||
| Q1 25 | $8.8B | $30.6B | ||
| Q4 24 | $9.0B | $29.8B | ||
| Q3 24 | $10.3B | $29.8B | ||
| Q2 24 | $9.2B | $31.2B |
| Q1 26 | $10.7B | — | ||
| Q4 25 | $10.4B | $18.5B | ||
| Q3 25 | $10.0B | $17.3B | ||
| Q2 25 | $9.7B | $16.3B | ||
| Q1 25 | $9.2B | $16.0B | ||
| Q4 24 | $8.4B | $16.9B | ||
| Q3 24 | $8.3B | $16.6B | ||
| Q2 24 | $7.8B | $16.5B |
| Q1 26 | $37.1B | $69.6B | ||
| Q4 25 | $36.9B | $69.7B | ||
| Q3 25 | $36.1B | $68.6B | ||
| Q2 25 | $35.5B | $68.6B | ||
| Q1 25 | $33.6B | $68.5B | ||
| Q4 24 | $33.1B | $67.7B | ||
| Q3 24 | $33.9B | $67.6B | ||
| Q2 24 | $31.9B | $67.8B |
| Q1 26 | 0.95× | — | ||
| Q4 25 | 0.96× | 1.64× | ||
| Q3 25 | 1.03× | 1.75× | ||
| Q2 25 | 1.06× | 1.86× | ||
| Q1 25 | 0.95× | 1.91× | ||
| Q4 24 | 1.06× | 1.76× | ||
| Q3 24 | 1.24× | 1.79× | ||
| Q2 24 | 1.18× | 1.89× |
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 | $631.0M |
| FCF MarginFCF / Revenue | 2.2% | 10.1% |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $4.8B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $2.2B | ||
| Q3 25 | — | $2.5B | ||
| Q2 25 | $94.0M | $2.3B | ||
| Q1 25 | $250.0M | $2.2B | ||
| Q4 24 | — | $2.7B | ||
| Q3 24 | — | $2.7B | ||
| Q2 24 | $-119.0M | $1.9B |
| Q1 26 | $112.0M | $631.0M | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | $8.0M | $1.4B | ||
| Q1 25 | $98.0M | $1.3B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $1.8B | ||
| Q2 24 | $-183.0M | $1.0B |
| Q1 26 | 2.2% | 10.1% | ||
| Q4 25 | — | 20.1% | ||
| Q3 25 | — | 25.2% | ||
| Q2 25 | 0.2% | 22.7% | ||
| Q1 25 | 2.1% | 21.6% | ||
| Q4 24 | — | 28.4% | ||
| Q3 24 | — | 29.9% | ||
| Q2 24 | -3.8% | 16.8% |
| Q1 26 | — | — | ||
| Q4 25 | 2.4% | 16.4% | ||
| Q3 25 | 2.1% | 15.2% | ||
| Q2 25 | 1.7% | 15.2% | ||
| Q1 25 | 3.2% | 15.0% | ||
| Q4 24 | 1.9% | 15.1% | ||
| Q3 24 | 1.9% | 13.6% | ||
| Q2 24 | 1.3% | 15.0% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.20× | ||
| Q3 25 | — | 1.41× | ||
| Q2 25 | 0.19× | 1.24× | ||
| Q1 25 | 0.44× | 1.36× | ||
| Q4 24 | — | 1.51× | ||
| Q3 24 | — | 1.59× | ||
| Q2 24 | -0.28× | 1.14× |
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% |
UNP
| Freight revenues | $5.9B | 95% |
| Other revenues | $324.0M | 5% |