Equities / Sectors / Healthcare

Healthcare

#6 by market cap

Pharmaceuticals, biotechnology, medical devices and care providers. 564 US-listed equities across 10 industries; the sector accounts for 9.2% of tracked equity market cap and 10.1% of daily volume.

Market cap

$7.717T

+0.74%

$56.429B · 1D

Sector weight

9.2%

of tracked market cap

Volume 24h

$2.229B

10.1% of market volume

Revenue TTM

$4.184T

Sum of constituents

Net income TTM

$153.576B

3.7% net margin

P/E (TTM)

50×

Market 30.5×

Dividend yield

1.8%

Market 1.3%

Employees

4.4M

Across 564 companies

Industry breakdown

Share of sector market cap · 10 industries

Biotechnology$1.029T-7.39%
Diagnostics & Research$909.792B+9.21%
Medical Devices$736.822B-6.91%
Healthcare Plans$712.917B-5.84%
Medical Distribution$234.145B-3.56%
2 more industries$315.409B4.1%
View all 10 industries →

Concentration

Share of sector market cap by constituent

48.8%top 10
LLY13.3%
JNJ7.9%
ABBV6%
Next 721.5%
Other 55451.3%

HHI index
384.2

Mega caps
7

Median cap
$1.408B

Valuation vs. market

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

P/E (TTM): 50× · market 20×

P/S: 1.8× · market 2.7×

EV / EBITDA: 19.3× · market 13×

Operating margin: 7.9% · market 8.5%

Dividend yield: 1.8% · market 2.3%

Trading at a 63.8% P/E premium to the all-equities market.

Returns vs. market

Cap-weighted price return · spread in percentage points

PeriodSectorMarketSpread
1 day+0.74%+0.77%-0.04%
1 week-1.73%+0.57%-2.30%
1 month-3.04%+1.29%-4.33%
3 months+1.33%+2.63%-1.29%
Year to date+9.12%+12.63%-3.51%
1 year+17.21%+14.05%+3.16%

Constituents

564 equities

Drug Manufacturers - General$1.025T13.3%$1.15K+0.58%-2.87%-0.91%$66.78M38.4×
Drug Manufacturers - General$609.595B7.9%$253.13-1.13%-6.67%-8.02%$42.1M29×
AbbVie Inc.

ABBV · US

Drug Manufacturers - General$466.241B6%$263.85+0.39%-0.19%+0.81%$36.94M74.4×
Drug Manufacturers - General$345.918B4.5%$140.07-2.94%-5.85%-7.63%$37.91M38.7×
Healthcare Plans$338.746B4.4%$374.31+0.65%-0.61%-6.34%$53.87M24×
Diagnostics & Research$249.261B3.2%$670.74+2.43%-0.63%+10.22%$43.81M36.4×
Drug Manufacturers - General$217.694B2.8%$402.69-0.09%-2.88%-9.07%$41.36M24.9×
Drug Manufacturers - General$178.791B2.3%$144.07-0.46%-4.55%-3.70%$16.62M-55.2×
Medical Devices$174.974B2.3%$100.46+3.03%-0.82%-9.06%$29.02M27.9×
Pfizer Inc.

PFE · US

Drug Manufacturers - General$156.01B2%$27.38-1.53%-4.50%-5.65%$38.12M20.8×
Danaher Corp.

DHR · US

Diagnostics & Research$155.06B2%$220.60+3.06%-1.73%+5.09%$17.54M38.7×
Medical Instruments & Supplies$143.349B1.9%$405.06+3.34%-0.03%+8.92%$17.69M45.7×
Biotechnology$127.216B1.6%$502.14-0.51%-4.57%-9.81%$13.76M28.9×
Drug Manufacturers - General$119.819B1.6%$58.69-4.03%-6.63%-13.26%$46.65M12.9×
Medtronic plc

MDT · US

Medical Devices$112.542B1.5%$87.92+1.78%-0.81%-4.62%$141.23M21.5×
Healthcare Plans$111.499B1.4%$87.25+0.91%-2.11%-10.26%$50.89M22.8×
Medical Distribution$110.166B1.4%$918.05+1.75%+5.93%-0.73%$19.09M23.1×
Stryker Corp.

SYK · US

Medical Devices$108.958B1.4%$284.06+3.13%+4.30%-9.01%$30.63M29.2×
Medical Care Facilities$94.81B1.2%$434.98+1.94%-0.14%+8.19%$19.21M13.9×
Healthcare Plans$85.465B1.1%$393.18+1.75%-0.73%-3.12%$8.59M16.3×
Moderna Inc.

MRNA · US

Biotechnology$81.653B1.1%$204.65+7.70%+2.90%+35.70%$98.62M-25.9×
Biotechnology$76.539B1%$728.82-0.87%-7.52%-14.46%$24.95M17.3×
The Cigna Group

CI · US

Healthcare Plans$71.734B0.9%$272.10+0.58%+0.03%-3.80%$12.49M11.2×
Medical Devices$61.622B0.8%$42.60-0.01%-3.01%-11.93%$24.58M16.8×
Natera, Inc.

NTRA · US

Diagnostics & Research$60.374B0.8%$420.40+2.45%+1.90%+29.29%$52.55M-313.9×
Page 1 of 23