• EN

    • -+ 0.00%
    -+ 0.00%
    -+ 0.00%

    Getinge (OM:GETI B) Stock Margins Improve To 6.9% Challenging Longer‑Term Bearish Narratives

    Simply Wall St·07/19/2026 01:31:43
    Listen to the news

    Getinge (OM:GETI B) has reported solid numbers for Q2 2026, with revenue of SEK8.4b and basic EPS of SEK3.09 alongside trailing 12 month EPS of SEK9.82. The company’s quarterly revenue increased from SEK8.2b in Q2 2025 to SEK8.4b in Q2 2026, while basic EPS over the same quarters moved from SEK1.92 to SEK3.09, against a backdrop of 59.5% year over year earnings growth and a five year EPS trend showing a 13.3% annual decline. Overall, margins appear healthier than a year ago, framing this release as a test of how sustainable the recent profitability improvement might be for investors.

    See our full analysis for Getinge.

    With the headline figures reported, the next step is to compare these results with the most widely held narratives about Getinge and assess which stories the latest margins support and which they begin to challenge.

    See what the community is saying about Getinge

    OM:GETI B Revenue & Expenses Breakdown as at Jul 2026
    OM:GETI B Revenue & Expenses Breakdown as at Jul 2026

    Margins Improve to 6.9% on SEK2.7b LTM Profit

    • On a trailing 12 month basis, Getinge generated SEK2.7b in net income with a 6.9% net margin, compared with a 4.2% margin the prior year and five year EPS that declined about 13.3% per year.
    • Consensus narrative expects profit margins to rise further over time, and the current 6.9% level creates a contrast between:
      • Recent annual earnings growth of 59.5%, which points to a stronger profit run rate than the longer term decline suggests.
      • The five year EPS contraction, which reminds investors that the latest margin profile is still set against a weaker historical track record.

    Q2 EPS of SEK3.09 vs SEK1.47 in Q1

    • Within the last six quarters, Getinge’s basic EPS moved from SEK1.10 in Q1 2025 to SEK3.09 in Q2 2026, with quarterly net income ranging from SEK300m to SEK868m over that period.
    • Bulls argue that newer, higher margin and recurring revenue lines can lift profitability, and the recent EPS pattern gives them data points to work with:
      • Trailing 12 month EPS of SEK9.82 sits above the Q2 single quarter EPS, which is consistent with earnings that have strengthened over the latest four quarter window.
      • The shift from SEK524m in net income in Q2 2025 to SEK841m in Q2 2026 supports the bullish view that profit contribution from newer assets and mix changes is already visible in the reported numbers.

    Bulls point to Q2’s stronger EPS and margin performance as early evidence that higher margin products and recurring revenue could keep pushing profitability higher, and they build their case around how this might play out over several years. 🐂 Getinge Bull Case

    Share Price at SEK232.5 vs DCF Value of SEK369.96

    • Getinge’s share price of SEK232.5 is described as about 36.5% below a DCF fair value estimate of SEK369.96, while the trailing P/E of 26.8x sits slightly under peer and industry averages of 27.5x and 27.7x.
    • Bears focus on the five year earnings decline and dividend record when they look at this valuation gap:
      • The trailing 12 month earnings growth of 59.5% contrasts with the 13.3% annual drop over five years, which fits the bearish concern that recent strength might not fully offset a weaker long run profit history.
      • An unstable dividend track record is another data point bears use when they question how much weight to put on a single year of improved margins relative to the suggested discount to DCF fair value.

    Skeptics highlight that the apparent discount to DCF fair value sits alongside a mixed five year profit record and an uneven dividend history, which they see as important context for the current P/E and price gap. 🐻 Getinge Bear Case

    Next Steps

    To see how these results tie into long-term growth, risks, and valuation, check out the full range of community narratives for Getinge on Simply Wall St. Add the company to your watchlist or portfolio so you'll be alerted when the story evolves.

    If the mixed tone on Getinge has you undecided, now is the time to look through the data yourself and pressure test both sides of the debate, then weigh those opposing signals against the 4 key rewards and 1 important warning sign.

    See What Else Is Out There Beyond Getinge

    For all the positive headlines, Getinge still faces a five year EPS decline of 13.3% and an unstable dividend record that leaves income focused investors cautious.

    If that patchy payout history worries you, you may want to look at stocks with more consistent income profiles by checking out 470 dividend fortresses.

    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.