Financial Performance - Fourth quarter 2024 revenue was 5.3billion,representinga2720 million, compared to 403millionintheprioryear,resultinginanetincomemarginof13.51.57, an increase of 0.69fromtheprioryear[5]−Fullyear2024totalrevenuesreached19.7 billion, a 1% increase year-over-year, with net income attributable to GE HealthCare at 2.0billion[10]−Netincomefromcontinuingoperationsfor2024was2,050 million, compared to 1,618millionin2023,reflectinganincreaseof2719,737 million, a 1% increase from 19,552millionin2023[29]−AdjustedEPSfor2025isexpectedtobeintherangeof4.61 to 4.75,reflectingagrowthof3666 million, a 24% increase compared to 539millioninQ42023[38]−TheeffectivetaxrateforQ42024was11.51.45, an increase of 22.88% from 1.18inQ42023[42]CashFlowandInvestments−Cash,cashequivalents,andrestrictedcashattheendof2024totaled2,893 million, up from 2,506millionin2023,markinga151,955 million for 2024, down from 2,101millionin2023[21]−FreecashflowforQ42024was811 million, down 15% from 956millioninQ42023[47]−Thecompanyinvested401 million in property, plant, and equipment and internal-use software during 2024, compared to 387millionin2023[21]−Long−termborrowingsdecreasedto7,449 million in 2024 from 8,436millionin2023,areductionof12138 million in its manufacturing facility in Cork, Ireland, to meet increasing demand for contrast media[11] - GE HealthCare will acquire the remaining 50% stake in Nihon Medi-Physics, enhancing its position in the radiopharmaceutical market in Japan[15] - The company anticipates continued growth in organic revenue and adjusted EBIT margin based on internal forecasts[48] - GE HealthCare's strategic focus includes improving demand for its products and managing healthcare costs effectively[53] Market and Industry Context - The company is focused on advancing personalized, connected, and compassionate care through innovative medical technology and AI-enabled solutions[54] - GE HealthCare is navigating risks related to global geopolitical instability, public health crises, and competitive market dynamics[53] - The company has been recognized as one of the 2025 Fortune World's Most Admired Companies[55] Research, Development, and Compliance - The company emphasizes the importance of maintaining successful research and development efforts for commercially viable products[53] - GE HealthCare is committed to compliance with various legal and regulatory requirements, including anti-corruption laws[53] - The company is focused on attracting and retaining key personnel to support its growth initiatives[53] Profitability Metrics - Adjusted EBIT for the year ended December 31, 2024, was 3,211million,reflectinga92,956 million in 2023[33] - Adjusted EBIT margin for 2024 was not specified, but the company emphasizes ongoing operations and underlying profitability factors[25] - The adjusted EBIT margin for Q4 2024 was 18.7%, an increase of 260 basis points from 16.1% in Q4 2023[33]