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 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
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
| Period | Sector | Market | Spread |
|---|---|---|---|
| 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

Alphabet Inc. Class A Common Stock GOOGL · US | Internet Content & Information | $4.222T | 53% | $345.23 | +0.50% | +0.38% | +2.41% | $97.97M | 17.3× |
| Internet Content & Information | $1.9T | 23.8% | $745.39 | +2.38% | -0.83% | +25.73% | $141.51M | 27.9× | |
Netflix Inc. NFLX · US | Entertainment | $280.046B | 3.5% | $67.26 | +0.29% | -5.47% | -18.70% | $40.43M | 20.5× |
Verizon Communications Inc. VZ · US | Telecom Services | $190.259B | 2.4% | $45.57 | -0.77% | -3.21% | -9.26% | $17.65M | 11× |
The Walt Disney Company DIS · US | Entertainment | $179.011B | 2.2% | $102.18 | -0.01% | -3.74% | -5.37% | $10.86M | 20.8× |
T-Mobile US Inc. TMUS · US | Telecom Services | $175.964B | 2.2% | $163.72 | +0.05% | -1.03% | -12.59% | $12.4M | 16.7× |
AT&T Inc. T · US | Telecom Services | $169.182B | 2.1% | $24.04 | -1.07% | -5.28% | -7.36% | $12.57M | — |
| Advertising Agencies | $95.852B | 1.2% | $285.02 | +6.27% | -8.28% | -10.67% | $34.77M | 24.2× | |
Warner Bros. Discovery, Inc. WBD · US | Entertainment | $77.622B | 1% | $30.97 | +0.08% | +0.36% | +9.09% | $69.41M | -44.7× |
Comcast Corp. Class A Common Stock CMCSA · US | Telecom Services | $76.053B | 1% | $21.45 | -0.58% | -2.10% | -19.99% | $15.12M | 6.8× |
| Internet Content & Information | $63.773B | 0.8% | $234.59 | -3.39% | -1.16% | +14.94% | $26.17M | 1,504.1× | |
Live Nation Entertainment, Inc. LYV · US | Entertainment | $39.77B | 0.5% | $170.30 | +0.91% | -0.33% | -5.17% | $2.79M | -154.1× |
Take-Two Interactive Software, Inc. TTWO · US | Electronic Gaming & Multimedia | $37.479B | 0.5% | $202.15 | -0.29% | +0.35% | -6.47% | $10.09M | -125.7× |
Roblox Corp. Class A Common Stock RBLX · US | Electronic Gaming & Multimedia | $31.354B | 0.4% | $43.90 | -0.51% | -5.47% | +6.53% | $4.95M | -31.3× |
Reddit Inc. Class A Common Stock RDDT · US | Internet Content & Information | $28.743B | 0.4% | $149.46 | +1.08% | -0.25% | -5.47% | $6.8M | 33× |
EchoStar Corporation SATS · US | Telecom Services | $27.265B | 0.3% | $94.25 | +6.80% | +4.59% | +8.72% | $465.96M | -1.9× |
Fox Corporation Class A Common Stock FOXA · US | Entertainment | $25.861B | 0.3% | $61.64 | -1.04% | -2.27% | -8.71% | $3.27M | 15.4× |
Roku, Inc. Class A Common Stock ROKU · US | Entertainment | $22.397B | 0.3% | $151.76 | -0.41% | -0.60% | -3.77% | $3.3M | 63.1× |
| Entertainment | $21.917B | 0.3% | $87.42 | +4.83% | +1.11% | -3.07% | $474.34K | 102.9× | |
Omnicom Group Inc. OMC · US | Advertising Agencies | $21.218B | 0.3% | $74.50 | +0.47% | -2.17% | -8.88% | $1.39M | 336.8× |
News Corp. Class A Common Stock NWSA · US | Entertainment | $15.561B | 0.2% | $28.64 | -0.17% | +0.53% | -6.56% | $1.82M | 27.2× |
Millicom International Cellular S.A. TIGO · US | Telecom Services | $15.206B | 0.2% | $90.67 | +2.66% | -2.12% | -4.81% | $1.52M | 22.9× |
Warner Music Group Corp. WMG · US | Entertainment | $14.24B | 0.2% | $27.30 | +1.81% | +0.59% | -3.70% | $667.49K | 31.9× |
| Entertainment | $13.032B | 0.2% | $175.33 | -0.14% | -4.02% | -7.62% | $2.3M | 56.8× | |
| Telecom Services | $12.671B | 0.2% | $106.23 | -2.80% | -5.92% | -33.18% | $6.29M | 2.6× |
