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 8.1% of daily volume.
Market cap
$7.984T
+1.09%
$85.052B · 1D
Sector weight
9.6%
of tracked market cap
Volume 24h
$52.347B
8.1% 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 30.5×
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
$2.093B
Valuation vs. market
Sector totals valued as one company; marker is the all-equities median
P/E (TTM): 21.8× · market 20×
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 | +1.09% | +0.84% | +0.25% |
| 1 week | -0.53% | +0.63% | -1.15% |
| 1 month | +4.17% | +1.35% | +2.82% |
| 3 months | +1.29% | +2.69% | -1.39% |
| Year to date | +3.53% | +12.64% | -9.11% |
| 1 year | +10.92% | +14.06% | -3.14% |
Constituents
113 equities

Alphabet Inc. Class A Common Stock GOOGL · US | Internet Content & Information | $4.237T | 53.1% | $346.47 | +0.86% | +0.74% | +2.77% | $8.653B | 17.4× |
| Internet Content & Information | $1.891T | 23.7% | $741.90 | +1.90% | -1.30% | +25.14% | $10.961B | 27.8× | |
Netflix Inc. NFLX · US | Entertainment | $281.066B | 3.5% | $67.50 | +0.66% | -5.13% | -18.41% | $2.436B | 20.6× |
Verizon Communications Inc. VZ · US | Telecom Services | $191.449B | 2.4% | $45.85 | -0.15% | -2.61% | -8.70% | $1.032B | 11× |
The Walt Disney Company DIS · US | Entertainment | $181.525B | 2.3% | $103.61 | +1.39% | -2.39% | -4.05% | $722.79M | 21.1× |
T-Mobile US Inc. TMUS · US | Telecom Services | $176.958B | 2.2% | $164.64 | +0.61% | -0.48% | -12.10% | $698.97M | 16.8× |
AT&T Inc. T · US | Telecom Services | $170.589B | 2.1% | $24.24 | -0.25% | -4.49% | -6.59% | $829.84M | — |
| Advertising Agencies | $94.825B | 1.2% | $281.97 | +5.13% | -9.26% | -11.62% | $1.922B | 23.9× | |
Warner Bros. Discovery, Inc. WBD · US | Entertainment | $77.584B | 1% | $30.95 | +0.03% | +0.29% | +9.02% | $13.416B | -44.7× |
Comcast Corp. Class A Common Stock CMCSA · US | Telecom Services | $76.496B | 1% | $21.57 | 0% | -1.55% | -19.54% | $670.27M | 6.8× |
| Internet Content & Information | $63.225B | 0.8% | $232.57 | -4.22% | -2.01% | +13.95% | $3.476B | 1,491.2× | |
Live Nation Entertainment, Inc. LYV · US | Entertainment | $39.856B | 0.5% | $170.67 | +1.13% | -0.12% | -4.97% | $483.36M | -154.5× |
Take-Two Interactive Software, Inc. TTWO · US | Electronic Gaming & Multimedia | $37.721B | 0.5% | $203.46 | +0.36% | +1.00% | -5.87% | $453.28M | -126.5× |
Roblox Corp. Class A Common Stock RBLX · US | Electronic Gaming & Multimedia | $31.843B | 0.4% | $44.58 | +1.04% | -4.01% | +8.18% | $450.44M | -31.8× |
Reddit Inc. Class A Common Stock RDDT · US | Internet Content & Information | $28.929B | 0.4% | $150.42 | +1.73% | +0.39% | -4.86% | $781.81M | 33.2× |
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 | $26.572B | 0.3% | $63.33 | +1.69% | +0.41% | -6.21% | $319.42M | 15.8× |
Roku, Inc. Class A Common Stock ROKU · US | Entertainment | $22.641B | 0.3% | $153.41 | +0.67% | +0.48% | -2.72% | $299.21M | 63.7× |
| Entertainment | $21.934B | 0.3% | $87.49 | +4.92% | +1.19% | -2.99% | $28.98M | 103× | |
Omnicom Group Inc. OMC · US | Advertising Agencies | $21.432B | 0.3% | $75.25 | +1.48% | -1.18% | -7.96% | $177.45M | 340.2× |
News Corp. Class A Common Stock NWSA · US | Entertainment | $15.729B | 0.2% | $28.95 | +0.91% | +1.62% | -5.55% | $103.76M | 27.5× |
Millicom International Cellular S.A. TIGO · US | Telecom Services | $15.29B | 0.2% | $91.17 | +3.23% | -1.58% | -4.28% | $66.73M | 23× |
Warner Music Group Corp. WMG · US | Entertainment | $14.412B | 0.2% | $27.63 | +3.04% | +1.81% | -2.54% | $68.36M | 32.3× |
| Entertainment | $13.159B | 0.2% | $177.04 | +0.83% | -3.08% | -6.72% | $251.99M | 57.3× | |
| Telecom Services | $12.855B | 0.2% | $107.77 | -1.39% | -4.55% | -32.21% | $334.74M | 2.6× |
