Discontinued — last reported Q2 '24

Business Segments · EBIT

Ultrasound — EBIT

GE HealthCare Technologies Ultrasound — EBIT decreased by 2.2% to $178.00M in Q2 2024 compared to the prior quarter. Year-over-year, this metric declined by 6.8%, from $191.00M to $178.00M. Over 2 years (FY 2021 to FY 2023), Ultrasound — EBIT shows relatively stable performance with a -3.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2021
Last reportedQ2 2024Jul 31, 2024
Rolls up toEBIT

How to read this metric

Higher EBIT margins suggest strong operational efficiency and pricing power, whereas declining EBIT may indicate rising input costs or increased competitive discounting.

Detailed definition

Earnings Before Interest and Taxes (EBIT) for the ultrasound segment measures the operational profitability of the busin...

Peer comparison

Standardized across the medical device industry as a measure of segment-level operating performance.

Metric ID: gehc_segment_ultrasound_ebit

Historical Data

13 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24
Value$221.25M$221.25M$221.25M$192.00M$220.00M$211.00M$285.00M$207.00M$191.00M$179.00M$244.00M$182.00M$178.00M
QoQ Change+0.0%+0.0%-13.2%+14.6%-4.1%+35.1%-27.4%-7.7%-6.3%+36.3%-25.4%-2.2%
YoY Change-0.6%-4.6%+28.8%+7.8%-13.2%-15.2%-14.4%-12.1%-6.8%
Range$178.00M$285.00M
CAGR-7.0%
Avg YoY Growth-3.4%
Median YoY Growth-6.8%
Current Streak2 quarters decline

Frequently Asked Questions

What is GE HealthCare Technologies's ultrasound — ebit?
GE HealthCare Technologies (GEHC) reported ultrasound — ebit of $178.00M in Q2 2024.
How has GE HealthCare Technologies's ultrasound — ebit changed year-over-year?
GE HealthCare Technologies's ultrasound — ebit decreased by 6.8% year-over-year, from $191.00M to $178.00M.
What is the long-term trend for GE HealthCare Technologies's ultrasound — ebit?
Over 2 years (2021 to 2023), GE HealthCare Technologies's ultrasound — ebit has grown at a -3.7% compound annual growth rate (CAGR), from $885.00M to $821.00M.
What does ultrasound — ebit mean?
The operating profit generated by the ultrasound business segment before interest and taxes.