GEHC vs. WBD
GEHC (GE HealthCare Technologies Inc.) and WBD (Warner Bros. Discovery, Inc.) are both stocks. GEHC operates in Health Information Services (Healthcare), while WBD operates in Entertainment (Communication Services). Over the past 3 years, GEHC returned -7.97%/yr vs 31.96%/yr for WBD. At a 0.23 correlation, their price movements are largely independent.
Performance
GEHC vs. WBD - Performance Comparison
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Returns By Period
In the year-to-date period, GEHC achieves a -24.31% return, which is significantly lower than WBD's -6.32% return.
GEHC
- 1D
- 0.06%
- 1M
- 1.69%
- YTD
- -24.31%
- 6M
- -25.73%
- 1Y
- -12.67%
- 3Y*
- -7.97%
- 5Y*
- —
- 10Y*
- —
WBD
- 1D
- -0.66%
- 1M
- 0.15%
- YTD
- -6.32%
- 6M
- 9.89%
- 1Y
- 171.63%
- 3Y*
- 31.96%
- 5Y*
- -3.07%
- 10Y*
- -0.50%
GEHC vs. WBD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
GEHC GE HealthCare Technologies Inc. | -24.31% | 5.11% | 1.26% | 27.98% |
WBD Warner Bros. Discovery, Inc. | -6.32% | 172.66% | -7.12% | 9.63% |
Correlation
The correlation between GEHC and WBD is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 2023 | 0.23 |
Fundamentals
GEHC:
$28.35B
WBD:
$67.28B
GEHC:
$3.29
WBD:
-$0.86
GEHC:
1.42
WBD:
1.81
GEHC:
2.66
WBD:
2.07
GEHC:
$19.95B
WBD:
$37.21B
GEHC:
$8.49B
WBD:
$15.43B
GEHC:
$3.16B
WBD:
$9.00B
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Return for Risk
GEHC vs. WBD — Risk / Return Rank
GEHC
WBD
GEHC vs. WBD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GE HealthCare Technologies Inc. (GEHC) and Warner Bros. Discovery, Inc. (WBD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| GEHC | WBD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.05 | ||
| Sortino ratioReturn per unit of downside risk | -5.87 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.75 | -0.79 |
| Calmar ratioReturn relative to maximum drawdown | -0.39 | 8.10 | -8.50 |
| Martin ratioReturn relative to average drawdown | -1.00 | 23.77 | -24.77 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GEHC | WBD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.40 | 3.65 | -4.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.06 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.01 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.03 | 0.16 | -0.13 |
Drawdowns
GEHC vs. WBD - Drawdown Comparison
The maximum GEHC drawdown since its inception was -37.35%, smaller than the maximum WBD drawdown of -91.32%. Use the drawdown chart below to compare losses from any high point for GEHC and WBD.
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Drawdown Indicators
| GEHC | WBD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.35% | -91.32% | +53.97% |
Max Drawdown (1Y)Largest decline over 1 year | -32.47% | -21.31% | -11.16% |
Max Drawdown (3Y)Largest decline over 3 years | -37.35% | -53.63% | +16.28% |
Max Drawdown (5Y)Largest decline over 5 years | — | -78.73% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -91.32% | — |
Current DrawdownCurrent decline from peak | -33.70% | -65.06% | +31.36% |
Average DrawdownAverage peak-to-trough decline | -14.26% | -37.10% | +22.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.64% | 7.26% | +5.38% |
Volatility
GEHC vs. WBD - Volatility Comparison
GE HealthCare Technologies Inc. (GEHC) has a higher volatility of 7.84% compared to Warner Bros. Discovery, Inc. (WBD) at 2.64%. This indicates that GEHC's price experiences larger fluctuations and is considered to be riskier than WBD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GEHC | WBD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.84% | 2.64% | +5.20% |
Volatility (6M)Calculated over the trailing 6-month period | 25.67% | 14.53% | +11.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.96% | 47.31% | -15.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.37% | 52.75% | -20.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.37% | 47.18% | -14.81% |
Dividends
GEHC vs. WBD - Dividend Comparison
GEHC's dividend yield for the trailing twelve months is around 0.23%, while WBD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
GEHC GE HealthCare Technologies Inc. | 0.23% | 0.17% | 0.15% | 0.12% |
WBD Warner Bros. Discovery, Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
GEHC vs. WBD - Financials Comparison
This section allows you to compare key financial metrics between GE HealthCare Technologies Inc. and Warner Bros. Discovery, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
GEHC vs. WBD - Profitability Comparison
GEHC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, GE HealthCare Technologies Inc. reported a gross profit of 1.98B and revenue of 5.13B. Therefore, the gross margin over that period was 38.5%.
WBD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Warner Bros. Discovery, Inc. reported a gross profit of 4.25B and revenue of 8.89B. Therefore, the gross margin over that period was 47.8%.
GEHC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, GE HealthCare Technologies Inc. reported an operating income of 515.00M and revenue of 5.13B, resulting in an operating margin of 10.0%.
WBD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Warner Bros. Discovery, Inc. reported an operating income of -2.47B and revenue of 8.89B, resulting in an operating margin of -27.8%.
GEHC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, GE HealthCare Technologies Inc. reported a net income of 389.00M and revenue of 5.13B, resulting in a net margin of 7.6%.
WBD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Warner Bros. Discovery, Inc. reported a net income of -3.33B and revenue of 8.89B, resulting in a net margin of -37.5%.
Frequently Asked Questions
GEHC and WBD have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GEHC has higher volatility (7.84%) compared to WBD (2.64%). In terms of maximum drawdown, GEHC dropped -37.35% vs WBD's -91.32%.
WBD currently has the higher Sharpe Ratio (3.65 vs -0.40), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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