Equities / Sectors / Healthcare

Healthcare

#5 by market cap

Pharmaceuticals, biotechnology, medical devices and care providers. 565 US-listed equities across 10 industries; the sector accounts for 9.4% of tracked equity market cap and 9% of daily volume.

Market cap

$7.678T

-1.39%

-$107.296B · 1D

Sector weight

9.4%

of tracked market cap

Volume 24h

$59.692B

9% of market volume

Revenue TTM

$4.184T

Sum of constituents

Net income TTM

$152.8B

3.7% net margin

P/E (TTM)

50×

Market 30.1×

Dividend yield

1.8%

Market 1.4%

Employees

4.4M

Across 565 companies

Industry breakdown

Share of sector market cap · 10 industries

Biotechnology$1.045T-6.07%
Diagnostics & Research$878.899B+6.86%
Medical Devices$719.262B-8.81%
Healthcare Plans$693.089B-7.84%
Medical Distribution$230.345B-3.20%
2 more industries$309.526B4%
View all 10 industries →

Concentration

Share of sector market cap by constituent

49.1%top 10
LLY13.4%
JNJ8.1%
ABBV6%
Next 721.6%
Other 55550.9%

HHI index
388.7

Mega caps
7

Median cap
$1.412B

Valuation vs. market

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

P/E (TTM)
50×
P/S
1.8×
EV / EBITDA
19.2×
Operating margin
7.9%
Dividend yield
1.8%

Trading at a 66% P/E premium to the all-equities market.

Returns vs. market

Cap-weighted price return · spread in percentage points

PeriodSectorMarketSpread
1 day-1.39%+0.11%-1.50%
1 week-2.10%-0.71%-1.39%
1 month-2.93%+0.10%-3.02%
3 months+0.64%+0.91%-0.27%
Year to date+8.41%+11.07%-2.66%
1 year+17.83%+12.50%+5.33%

Constituents

565 equities · sorted by market cap

#
1Drug Manufacturers - General$1.025T13.4%$1.15K-0.62%-2.71%-0.88%$2.498B38.4×
2Drug Manufacturers - General$622.912B8.1%$258.66-2.30%-4.44%-4.62%$2.144B29.6×
3
AbbVie Inc.

ABBV · US

Drug Manufacturers - General$459.314B6%$259.93-0.63%-1.96%-0.02%$1.011B73.3×
4Drug Manufacturers - General$355.167B4.6%$143.81-1.03%-2.82%-4.04%$1.13B39.8×
5Healthcare Plans$330.506B4.3%$365.20-0.51%-2.62%-7.85%$1.439B23.4×
6Diagnostics & Research$242.487B3.2%$652.51-3.34%-3.82%+8.66%$1.55B35.4×
7Drug Manufacturers - General$220.17B2.9%$407.27-3.38%+0.30%-7.04%$1.018B25.2×
8Drug Manufacturers - General$183.048B2.4%$147.50-1.04%-1.46%-1.61%$654.68M-56.5×
9Medical Devices$168.416B2.2%$96.69-2.17%-4.33%-11.24%$856.86M26.8×
10
Pfizer Inc.

PFE · US

Drug Manufacturers - General$160.256B2.1%$28.12-1.40%-1.02%-1.51%$857.08M21.4×
11
Danaher Corp.

DHR · US

Diagnostics & Research$148.846B1.9%$211.76-4.42%-5.37%+2.33%$1.123B37.2×
12Medical Instruments & Supplies$141.999B1.8%$401.24-1.33%+0.43%+8.66%$606.39M45.2×
13Biotechnology$128.381B1.7%$506.74-3.07%-2.99%-7.47%$605.25M29.1×
14Drug Manufacturers - General$125.485B1.6%$61.46-1.51%-0.07%-8.16%$661.81M13.5×
15
Medtronic plc

MDT · US

Medical Devices$110.647B1.4%$86.44+0.17%-2.34%-6.08%$2.531B21.2×
16Healthcare Plans$108.886B1.4%$85.20-0.57%+0.18%-12.70%$558.92M22.3×
17Medical Distribution$107.858B1.4%$898.82+5.27%+3.39%-0.88%$1.088B22.7×
18
Stryker Corp.

SYK · US

Medical Devices$104.7B1.4%$272.96-0.88%+1.19%-14.00%$672.55M28.1×
19Medical Care Facilities$92.283B1.2%$423.39-0.79%-0.02%+2.37%$465.26M13.5×
20Healthcare Plans$82.963B1.1%$381.67-1.84%-4.16%-5.30%$452.97M15.8×
21Biotechnology$77.168B1%$734.81-3.09%-7.69%-10.80%$766.26M17.5×
22
Moderna Inc.

MRNA · US

Biotechnology$75.387B1%$188.94-1.89%-3.02%+22.47%$2.913B-23.9×
23
The Cigna Group

CI · US

Healthcare Plans$70.643B0.9%$267.96-1.42%+0.93%-5.34%$530.83M11×
24Medical Devices$62.541B0.8%$43.23-0.96%-3.25%-10.09%$775.19M17×
25
Cencora Inc.

COR · US

Medical Distribution$59.114B0.8%$309.78+3.17%-0.03%-6.40%$585.36M22.5×
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