Equities / Sectors / Healthcare

Healthcare

#6 by market cap

Pharmaceuticals, biotechnology, medical devices and care providers. 565 US-listed equities across 10 industries; the sector accounts for 9.3% of tracked equity market cap and 11.2% of daily volume.

Market cap

$7.703T

-0.46%

-$35.763B · 1D

Sector weight

9.3%

of tracked market cap

Volume 24h

$79.694B

11.2% of market volume

Revenue TTM

$4.184T

Sum of constituents

Net income TTM

$153.576B

3.7% net margin

P/E (TTM)

49.9×

Market 30.4×

Dividend yield

1.7%

Market 1.3%

Employees

4.4M

Across 565 companies

Industry breakdown

Share of sector market cap · 10 industries

Biotechnology$998.773B-8.62%
Diagnostics & Research$880.855B+7.63%
Medical Devices$721.086B-4.37%
Healthcare Plans$714.274B-5.20%
Medical Distribution$238.347B+1.45%
2 more industries$310.203B4%
View all 10 industries →

Concentration

Share of sector market cap by constituent

49.4%top 10
LLY13.5%
JNJ8%
ABBV6.2%
Next 721.6%
Other 55550.6%

HHI index
395.9

Mega caps
7

Median cap
$1.372B

Valuation vs. market

Sector totals valued as one company; marker is the all-equities median

P/E (TTM): 49.9× · market 20.1×

P/S: 1.8× · market 2.7×

EV / EBITDA: 19.2× · market 12.9×

Operating margin: 7.9% · market 8.5%

Dividend yield: 1.7% · market 2.3%

Trading at a 63.9% P/E premium to the all-equities market.

Returns vs. market

Cap-weighted price return · spread in percentage points

PeriodSectorMarketSpread
1 day-0.46%-0.49%+0.03%
1 week+0.59%+1.37%-0.78%
1 month-0.38%+0.52%-0.90%
3 months+1.73%+1.79%-0.06%
Year to date+8.94%+12.39%-3.45%
1 year+17.15%+13.52%+3.63%

Constituents

565 equities

Drug Manufacturers - General$1.043T13.5%$1.17K-1.61%+1.72%+4.07%$3.615B39×
Drug Manufacturers - General$617.662B8%$256.48-0.76%-0.84%-4.70%$1.583B29.4×
AbbVie Inc.

ABBV · US

Drug Manufacturers - General$481.385B6.2%$272.42+0.39%+4.81%+9.50%$1.496B76.8×
Drug Manufacturers - General$351.635B4.6%$142.38-0.29%-0.99%-4.10%$1.197B39.4×
Healthcare Plans$335.71B4.4%$370.95-1.34%+1.57%-7.46%$2.701B23.8×
Diagnostics & Research$242.29B3.1%$651.98-1.52%-0.08%+8.12%$1.686B35.4×
Drug Manufacturers - General$220.262B2.9%$407.44-1.37%+0.04%+3.63%$968.93M25.2×
Drug Manufacturers - General$182.551B2.4%$147.10+0.17%-0.27%+0.31%$660.41M-56.3×
Medical Devices$171.551B2.2%$98.49-0.24%+1.86%-6.66%$1.37B27.3×
Pfizer Inc.

PFE · US

Drug Manufacturers - General$158.546B2.1%$27.82-0.64%-1.07%+0.11%$1.233B21.2×
Danaher Corp.

DHR · US

Diagnostics & Research$152.853B2%$217.46-0.47%+2.69%+5.96%$1.151B38.2×
Medical Instruments & Supplies$147.014B1.9%$415.41+0.21%+3.53%+18.63%$1.052B46.8×
Biotechnology$127.497B1.7%$503.25-0.47%-0.69%-4.85%$748.84M28.9×
Drug Manufacturers - General$121.647B1.6%$59.58-0.20%-3.06%-7.90%$778.75M13.1×
Medtronic plc

MDT · US

Medical Devices$112.324B1.5%$87.75+2.62%+1.52%-5.02%$9.272B21.5×
Healthcare Plans$112.208B1.5%$87.80-0.17%+3.05%-8.61%$685.64M23×
Medical Distribution$111.63B1.4%$930.25+2.19%+3.50%+4.63%$665.69M23.4×
Stryker Corp.

SYK · US

Medical Devices$106.238B1.4%$276.97+0.57%+1.47%+0.20%$826.04M28.5×
Medical Care Facilities$96.996B1.3%$445.01+1.33%+5.11%+10.69%$501.66M14.2×
Healthcare Plans$87.152B1.1%$400.94-0.83%+5.05%-0.25%$315.06M16.6×
Moderna Inc.

MRNA · US

Biotechnology$78.603B1%$197+0.26%+4.27%+40.38%$7.365B-25×
Biotechnology$77.668B1%$739.57-0.34%+0.65%-8.73%$370.01M17.6×
The Cigna Group

CI · US

Healthcare Plans$74.089B1%$281.03+0.90%+4.88%+1.89%$436.38M11.6×
Cencora Inc.

COR · US

Medical Distribution$61.322B0.8%$321.35+1.29%+3.74%-1.03%$288.44M23.4×
Medical Devices$60.82B0.8%$42.04+1.11%-2.75%-6.54%$961.6M16.6×
Page 1 of 23