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 9.6% of tracked equity market cap and 8.4% of daily volume.

Market cap

$7.969T

+0.88%

$69.781B · 1D

Sector weight

9.6%

of tracked market cap

Volume 24h

$1.048B

8.4% of market volume

Revenue TTM

$1.561T

Sum of constituents

Net income TTM

$357.205B

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

92.4%top 10
GOOGL53%
META23.8%
NFLX3.5%
Next 712.1%
Other 1037.6%

HHI index
3.4K

Mega caps
3

Median cap
$2.095B

Valuation vs. market

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

P/E (TTM): 21.8× · market 19.9×

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 28.5% P/E discount to the all-equities market.

Returns vs. market

Cap-weighted price return · spread in percentage points

PeriodSectorMarketSpread
1 day+0.88%+0.54%+0.35%
1 week-0.71%+0.34%-1.05%
1 month+3.98%+1.06%+2.92%
3 months+1.10%+2.39%-1.29%
Year to date+3.33%+12.38%-9.05%
1 year+10.72%+13.79%-3.07%

Constituents

113 equities

Internet Content & Information$4.222T53%$345.23+0.50%+0.38%+2.41%$97.97M17.3×
Internet Content & Information$1.9T23.8%$745.39+2.38%-0.83%+25.73%$141.51M27.9×
Netflix Inc.

NFLX · US

Entertainment$280.046B3.5%$67.26+0.29%-5.47%-18.70%$40.43M20.5×
Telecom Services$190.259B2.4%$45.57-0.77%-3.21%-9.26%$17.65M11×
Entertainment$179.011B2.2%$102.18-0.01%-3.74%-5.37%$10.86M20.8×
Telecom Services$175.964B2.2%$163.72+0.05%-1.03%-12.59%$12.4M16.7×
AT&T Inc.

T · US

Telecom Services$169.182B2.1%$24.04-1.07%-5.28%-7.36%$12.57M—
Advertising Agencies$95.852B1.2%$285.02+6.27%-8.28%-10.67%$34.77M24.2×
Entertainment$77.622B1%$30.97+0.08%+0.36%+9.09%$69.41M-44.7×
Telecom Services$76.053B1%$21.45-0.58%-2.10%-19.99%$15.12M6.8×
Internet Content & Information$63.773B0.8%$234.59-3.39%-1.16%+14.94%$26.17M1,504.1×
Entertainment$39.77B0.5%$170.30+0.91%-0.33%-5.17%$2.79M-154.1×
Electronic Gaming & Multimedia$37.479B0.5%$202.15-0.29%+0.35%-6.47%$10.09M-125.7×
Electronic Gaming & Multimedia$31.354B0.4%$43.90-0.51%-5.47%+6.53%$4.95M-31.3×
Internet Content & Information$28.743B0.4%$149.46+1.08%-0.25%-5.47%$6.8M33×
Telecom Services$27.265B0.3%$94.25+6.80%+4.59%+8.72%$465.96M-1.9×
Entertainment$25.861B0.3%$61.64-1.04%-2.27%-8.71%$3.27M15.4×
Entertainment$22.397B0.3%$151.76-0.41%-0.60%-3.77%$3.3M63.1×
Entertainment$21.917B0.3%$87.42+4.83%+1.11%-3.07%$474.34K102.9×
Advertising Agencies$21.218B0.3%$74.50+0.47%-2.17%-8.88%$1.39M336.8×
Entertainment$15.561B0.2%$28.64-0.17%+0.53%-6.56%$1.82M27.2×
Telecom Services$15.206B0.2%$90.67+2.66%-2.12%-4.81%$1.52M22.9×
Entertainment$14.24B0.2%$27.30+1.81%+0.59%-3.70%$667.49K31.9×
Entertainment$13.032B0.2%$175.33-0.14%-4.02%-7.62%$2.3M56.8×
Telecom Services$12.671B0.2%$106.23-2.80%-5.92%-33.18%$6.29M2.6×
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