Equities / Sectors / Communication Services
Communication Services
#4 by market capTelecom carriers, media, entertainment and interactive content platforms. 113 US-listed equities across 7 industries; the sector accounts for 9.6% of tracked equity market cap and 6% of daily volume.
Market cap
$7.991T
-0.10%
-$7.941B · 1D
Sector weight
9.6%
of tracked market cap
Volume 24h
$42.476B
6% of market volume
Revenue TTM
$1.562T
Sum of constituents
Net income TTM
$357.171B
22.9% net margin
P/E (TTM)
21.8×
Market 30.4×
Dividend yield
0.6%
Market 1.3%
Employees
1.6M
Across 113 companies
Industry breakdown
Share of sector market cap · 7 industries
Concentration
Share of sector market cap by constituent
HHI index
3.4K
Mega caps
3
Median cap
$2.142B
Valuation vs. market
Sector totals valued as one company; marker is the all-equities median
P/E (TTM): 21.8× · market 20.1×
P/S: 5× · market 2.7×
EV / EBITDA: 15.2× · market 12.9×
Operating margin: 23.8% · market 8.5%
Dividend yield: 0.6% · market 2.3%
Trading at a 28.3% P/E discount to the all-equities market.
Returns vs. market
Cap-weighted price return · spread in percentage points
| Period | Sector | Market | Spread |
|---|---|---|---|
| 1 day | -0.10% | -0.49% | +0.39% |
| 1 week | +2.03% | +1.37% | +0.66% |
| 1 month | +3.89% | +0.52% | +3.37% |
| 3 months | +0.19% | +1.79% | -1.59% |
| Year to date | +3.62% | +12.39% | -8.77% |
| 1 year | +11.40% | +13.52% | -2.12% |
Constituents
113 equities

Alphabet Inc. Class A Common Stock GOOGL · US | Internet Content & Information | $4.26T | 53.3% | $348.29 | -0.63% | +2.97% | +2.94% | $8.171B | 17.5× |
| Internet Content & Information | $1.837T | 23% | $720.89 | -0.06% | -0.69% | +17.51% | $11.54B | 27× | |
Netflix Inc. NFLX · US | Entertainment | $298.013B | 3.7% | $71.57 | +2.68% | +5.48% | -6.77% | $3.297B | 21.8× |
Verizon Communications Inc. VZ · US | Telecom Services | $193.537B | 2.4% | $46.35 | +1.27% | +0.80% | -8.05% | $1.027B | 11.2× |
The Walt Disney Company DIS · US | Entertainment | $187.499B | 2.3% | $107.02 | +2.17% | +5.62% | +1.87% | $1.527B | 21.8× |
T-Mobile US Inc. TMUS · US | Telecom Services | $184.127B | 2.3% | $171.31 | +2.18% | +5.92% | -5.71% | $743.18M | 17.4× |
AT&T Inc. T · US | Telecom Services | $175.023B | 2.2% | $24.87 | +1.64% | +2.35% | -2.85% | $1.314B | — |
| Advertising Agencies | $94.203B | 1.2% | $280.12 | -0.42% | -0.42% | -10.22% | $1.716B | 23.8× | |
Warner Bros. Discovery, Inc. WBD · US | Entertainment | $77.584B | 1% | $30.95 | 0% | +0.32% | +10.06% | $0 | -44.7× |
Comcast Corp. Class A Common Stock CMCSA · US | Telecom Services | $75.219B | 0.9% | $21.21 | +1.29% | -2.26% | -19.45% | $948.08M | 6.7× |
| Internet Content & Information | $59.729B | 0.7% | $219.71 | -7.35% | -5.41% | -9.91% | $4.801B | 1,408.7× | |
Live Nation Entertainment, Inc. LYV · US | Entertainment | $40.013B | 0.5% | $171.34 | +0.29% | +2.69% | +0.52% | $340.11M | -155.1× |
Take-Two Interactive Software, Inc. TTWO · US | Electronic Gaming & Multimedia | $38.817B | 0.5% | $209.37 | +2.63% | +2.82% | -1.84% | $567.39M | -130.2× |
Roblox Corp. Class A Common Stock RBLX · US | Electronic Gaming & Multimedia | $32.515B | 0.4% | $45.52 | -1.92% | +5.86% | +1.56% | $662.79M | -32.5× |
Reddit Inc. Class A Common Stock RDDT · US | Internet Content & Information | $30.093B | 0.4% | $156.47 | +2.46% | +4.64% | +4.75% | $715.63M | 34.6× |
EchoStar Corporation SATS · US | Telecom Services | $27.007B | 0.3% | $93.36 | -4.43% | -0.94% | +2.23% | $451.9M | -1.9× |
Fox Corporation Class A Common Stock FOXA · US | Entertainment | $26.673B | 0.3% | $63.57 | +1.39% | +3.74% | -2.55% | $163.18M | 15.8× |
Roku, Inc. Class A Common Stock ROKU · US | Entertainment | $22.7B | 0.3% | $153.81 | +0.71% | +1.69% | -0.98% | $158.49M | 63.9× |
| Entertainment | $21.955B | 0.3% | $87.57 | -0.74% | +4.64% | +0.37% | $12.29M | 103.1× | |
Omnicom Group Inc. OMC · US | Advertising Agencies | $21.773B | 0.3% | $76.45 | +2.11% | +2.34% | -5.77% | $160M | 345.6× |
News Corp. Class A Common Stock NWSA · US | Entertainment | $15.74B | 0.2% | $28.97 | +1.26% | +1.15% | -2.85% | $125.27M | 27.5× |
Warner Music Group Corp. WMG · US | Entertainment | $15.08B | 0.2% | $28.91 | +2.66% | +6.88% | +3.14% | $85.76M | 33.8× |
Millicom International Cellular S.A. TIGO · US | Telecom Services | $14.75B | 0.2% | $87.95 | -3.11% | +2.73% | -8.36% | $69.18M | 22.2× |
| Entertainment | $13.5B | 0.2% | $181.63 | +1.67% | +3.18% | -7.01% | $155.78M | 58.8× | |
| Telecom Services | $13.081B | 0.2% | $109.67 | +2.53% | -1.53% | -24.75% | $374.12M | 2.7× |
