Equities / Sectors / Communication Services

Communication Services

#4 by market cap

Telecom carriers, media, entertainment and interactive content platforms. 113 US-listed equities across 7 industries; the sector accounts for 9.5% of tracked equity market cap and 6.1% of daily volume.

Market cap

$7.831T

-1.17%

-$91.485B · 1D

Sector weight

9.5%

of tracked market cap

Volume 24h

$40.656B

6.1% of market volume

Revenue TTM

$1.561T

Sum of constituents

Net income TTM

$357.205B

22.9% net margin

P/E (TTM)

21.4×

Market 30.1×

Dividend yield

0.6%

Market 1.4%

Employees

1.6M

Across 113 companies

Industry breakdown

Share of sector market cap · 7 industries

Concentration

Share of sector market cap by constituent

92.4%top 10
GOOGL52.8%
META23.6%
NFLX3.6%
Next 712.3%
Other 1037.6%

HHI index
3.4K

Mega caps
3

Median cap
$2.089B

Valuation vs. market

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

P/E (TTM)
21.4×
P/S
4.9×
EV / EBITDA
15×
Operating margin
23.8%
Dividend yield
0.6%

Trading at a 29% P/E discount to the all-equities market.

Returns vs. market

Cap-weighted price return · spread in percentage points

PeriodSectorMarketSpread
1 day-1.17%+0.11%-1.28%
1 week-3.13%-0.71%-2.42%
1 month+3.45%+0.10%+3.36%
3 months-0.66%+0.91%-1.57%
Year to date+1.54%+11.07%-9.54%
1 year+8.05%+12.50%-4.45%

Constituents

113 equities · sorted by market cap

#
1Internet Content & Information$4.137T52.8%$338.24-1.70%-1.20%+0.96%$11.218B17×
2Internet Content & Information$1.85T23.6%$725.93+0.10%-6.64%+25.48%$8.99B27.2×
3
Netflix Inc.

NFLX · US

Entertainment$282.523B3.6%$67.85-2.49%-5.40%-16.04%$2.809B20.7×
4Telecom Services$191.992B2.5%$45.98+0.24%-2.83%-8.59%$1.029B11.1×
5Entertainment$177.53B2.3%$101.33-3.40%-4.01%-4.60%$932.99M20.6×
6Telecom Services$173.83B2.2%$161.73-0.83%-2.19%-11.22%$637.72M16.5×
7
AT&T Inc.

T · US

Telecom Services$171.011B2.2%$24.30-0.41%-4.52%-6.54%$651.79M—
8Advertising Agencies$94.603B1.2%$281.31-3.14%-9.97%-9.76%$2.248B23.9×
9Entertainment$77.584B1%$30.950%+0.36%+9.29%$1.37B-44.7×
10Telecom Services$76.957B1%$21.70-0.28%-1.94%-17.49%$443M6.9×
11Internet Content & Information$63.147B0.8%$232.28-1.53%-4.60%+16.41%$2.85B1,489.3×
12Entertainment$38.964B0.5%$166.85-1.45%-2.46%-5.84%$445.27M-151×
13Electronic Gaming & Multimedia$37.751B0.5%$203.62-1.87%+0.32%-6.03%$541.22M-126.6×
14Electronic Gaming & Multimedia$30.715B0.4%$43+1.49%-11.94%+5.73%$422.97M-30.7×
15Internet Content & Information$28.758B0.4%$149.53+4.98%-2.09%+3.38%$613.31M33×
16Telecom Services$25.865B0.3%$89.41-0.53%-3.57%+3.42%$258.53M-1.8×
17Entertainment$25.712B0.3%$61.28-2.19%-4.01%-7.05%$295.6M15.3×
18Entertainment$22.323B0.3%$151.26-0.67%-1.35%-2.75%$286.44M62.9×
19Advertising Agencies$21.275B0.3%$74.70+1.45%0%-13.23%$227.41M337.7×
20Entertainment$20.982B0.3%$83.69-1.11%-3.51%-6.69%$17.17M98.5×
21Entertainment$15.561B0.2%$28.64-0.03%+0.70%-6.50%$96.96M27.2×
22Telecom Services$14.358B0.2%$85.61-1.76%-5.92%-7.55%$140.54M21.6×
23Entertainment$14.11B0.2%$27.05-2.03%-0.88%-3.29%$80.09M31.6×
24Telecom Services$13.284B0.2%$111.37+0.42%-5.26%-23.82%$331.62M2.7×
25Entertainment$13.085B0.2%$176.04-2.05%-4.87%-3.42%$229.82M57×
Page 1 of 5