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 8.1% 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

92.4%top 10
GOOGL53.1%
META23.7%
NFLX3.5%
Next 712.1%
Other 1037.6%

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

PeriodSectorMarketSpread
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

Internet Content & Information$4.237T53.1%$346.47+0.86%+0.74%+2.77%$8.653B17.4×
Internet Content & Information$1.891T23.7%$741.90+1.90%-1.30%+25.14%$10.961B27.8×
Netflix Inc.

NFLX · US

Entertainment$281.066B3.5%$67.50+0.66%-5.13%-18.41%$2.436B20.6×
Telecom Services$191.449B2.4%$45.85-0.15%-2.61%-8.70%$1.032B11×
Entertainment$181.525B2.3%$103.61+1.39%-2.39%-4.05%$722.79M21.1×
Telecom Services$176.958B2.2%$164.64+0.61%-0.48%-12.10%$698.97M16.8×
AT&T Inc.

T · US

Telecom Services$170.589B2.1%$24.24-0.25%-4.49%-6.59%$829.84M—
Advertising Agencies$94.825B1.2%$281.97+5.13%-9.26%-11.62%$1.922B23.9×
Entertainment$77.584B1%$30.95+0.03%+0.29%+9.02%$13.416B-44.7×
Telecom Services$76.496B1%$21.570%-1.55%-19.54%$670.27M6.8×
Internet Content & Information$63.225B0.8%$232.57-4.22%-2.01%+13.95%$3.476B1,491.2×
Entertainment$39.856B0.5%$170.67+1.13%-0.12%-4.97%$483.36M-154.5×
Electronic Gaming & Multimedia$37.721B0.5%$203.46+0.36%+1.00%-5.87%$453.28M-126.5×
Electronic Gaming & Multimedia$31.843B0.4%$44.58+1.04%-4.01%+8.18%$450.44M-31.8×
Internet Content & Information$28.929B0.4%$150.42+1.73%+0.39%-4.86%$781.81M33.2×
Telecom Services$27.265B0.3%$94.25+6.80%+4.59%+8.72%$465.96M-1.9×
Entertainment$26.572B0.3%$63.33+1.69%+0.41%-6.21%$319.42M15.8×
Entertainment$22.641B0.3%$153.41+0.67%+0.48%-2.72%$299.21M63.7×
Entertainment$21.934B0.3%$87.49+4.92%+1.19%-2.99%$28.98M103×
Advertising Agencies$21.432B0.3%$75.25+1.48%-1.18%-7.96%$177.45M340.2×
Entertainment$15.729B0.2%$28.95+0.91%+1.62%-5.55%$103.76M27.5×
Telecom Services$15.29B0.2%$91.17+3.23%-1.58%-4.28%$66.73M23×
Entertainment$14.412B0.2%$27.63+3.04%+1.81%-2.54%$68.36M32.3×
Entertainment$13.159B0.2%$177.04+0.83%-3.08%-6.72%$251.99M57.3×
Telecom Services$12.855B0.2%$107.77-1.39%-4.55%-32.21%$334.74M2.6×
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