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Fresenius SE & Co. KGaA vs GE HealthCare Technologies: Which Stock Looks Stronger in 2026?

GE HealthCare Technologies holds the cleaner structural position, with profitability as the main driver and growth adding further support. Fresenius SE KGaA still has the edge on growth, which keeps the comparison from looking entirely one-sided. The market setup is currently leaning toward Fresenius SE KGaA, which does not confirm the structural lead. That leaves a split case: the structural lead stays with GE HealthCare Technologies, but the market is not currently confirming it.

The comparison is based on similar long-term financial trajectories, not sector labels. Peer scores are normalised within each company's primary universe (FRE.DE: STOXX 600, GEHC: Russell 1000).

Updated 2026-08-16

Profitability still does most of the heavy lifting in this comparison. The overall score gap is 11 points in favour of GE HealthCare Technologies Inc..

Trajectory Similarity
0.72
Similar
Peer-set rank: #12
within Fresenius SE & Co. KGaA's functional peer set

These two companies are linked by measured long-term financial trajectory similarity within the selected peer universe.

A solid similarity means the pair shares a clearly comparable long-term financial profile, even if individual dimensions still differ.

Most of the shared profile comes through revenue stability and capital structure.

Similarity drivers
revenue stabilitycapital structure
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
FRE.DE
Fresenius SE & Co. KGaA
53
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600
vs
GEHC
GE HealthCare Technologies Inc.
64
Peer-Score
Signal qualitylow
Peer basis: Russell 1000

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The clearest separation appears in profitability.

Dimension spread: FRE.DE vs GEHC Profitability 20 64 Stability 54 45 Valuation 71 84 Growth 72 53 FRE.DE GEHC
Gap Ranking
#1 Profitability +44
#2 Growth +19
#3 Valuation +13
#4 Stability +9
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for FRE.DE and GEHC Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer FRE.DEGEHC Relative valuation Structural strength

Structure stays fairly close here, while current pricing still looks more supportive for GE HealthCare Technologies Inc..

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where FRE.DE and GEHC each sit in their own 3.7-year price and valuation history.

BASED ON 3.7-YEAR HISTORY FRE.DE Elevated · near norm 0th 50th 100th 59 pct gap GEHC Neutral · below norm 0th 50th 100th 96th 38th
Today GEHC sits in the lower-middle of its own 5-year history (38th percentile), while FRE.DE sits higher in its own history (96th). Within each stock's own 5-year context, GEHC is at a historically more favourable entry position than FRE.DE. This reflects entry timing, not which company is structurally stronger — peer-relative analysis is a separate question addressed above.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Profitability
GE HealthCare Technologies Inc. sits in the stronger part of the group on profitability, while Fresenius SE & Co. KGaA is closer to mid-pack.
Growth
Both rank well on growth, but Fresenius SE & Co. KGaA still sits higher.
Profitability — Dominant Gap
FRE.DE
20
GEHC
64
Gap+44in favour of GEHC

Capital efficiency adds support, with a 6.3-point ROIC advantage.

What keeps the gap from being one-sided

Growth still leans toward Fresenius SE & Co. KGaA, so the lead is real without reading as one-way.

What this means for the comparison

Profitability settles the comparison, while pricing and growth keep the broader setup from looking fully aligned.

Explore full peer positioning in AssetNext

Break down the FRE.DE vs GEHC comparison across all dimensions with the full interactive tool.

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Similar profitability-driven comparisons

Explore how FRE.DE and GEHC each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.