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U.S. Healthcare Services Industry Analysis

UpdatedMay 04, 2024
DataAggregated Company Financials
Companies104
  • 7D-6.7%
  • 3M-5.0%
  • 1Y-4.7%
  • YTDn/a

Over the last 7 days, the Healthcare Services industry has dropped 6.7%, driven by CVS Health declining 17%. However, the industry is down 4.7% over the past year. Earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

Has the U.S. Healthcare Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 04 May 2024US$278.6bUS$657.8bUS$9.3b30.4x29.9x0.4x
Mon, 01 Apr 2024US$319.7bUS$643.1bUS$11.7b32x27.2x0.5x
Wed, 28 Feb 2024US$306.1bUS$642.1bUS$13.1b36.6x23.4x0.5x
Fri, 26 Jan 2024US$309.6bUS$625.8bUS$13.8b35.5x22.4x0.5x
Sun, 24 Dec 2023US$320.6bUS$625.7bUS$13.8b34.1x23.3x0.5x
Tue, 21 Nov 2023US$296.3bUS$625.6bUS$13.7b33x21.6x0.5x
Thu, 19 Oct 2023US$312.5bUS$612.2bUS$8.8b29.4x35.6x0.5x
Sat, 16 Sep 2023US$307.4bUS$611.1bUS$8.7b26.8x35.3x0.5x
Mon, 14 Aug 2023US$323.4bUS$610.7bUS$8.7b31.1x37.3x0.5x
Wed, 12 Jul 2023US$313.4bUS$598.1bUS$10.4b27x30.1x0.5x
Fri, 09 Jun 2023US$311.8bUS$598.0bUS$10.1b28.5x30.8x0.5x
Sun, 07 May 2023US$306.0bUS$597.9bUS$10.0b25.1x30.6x0.5x
Tue, 04 Apr 2023US$314.8bUS$586.5bUS$11.6b22.8x27x0.5x
Thu, 02 Mar 2023US$330.2bUS$587.8bUS$11.6b23.1x28.4x0.6x
Sat, 28 Jan 2023US$349.6bUS$581.2bUS$10.8b22.6x32.5x0.6x
Mon, 26 Dec 2022US$358.7bUS$581.2bUS$10.8b21.4x33.1x0.6x
Wed, 23 Nov 2022US$362.6bUS$581.2bUS$10.9b20.3x33.4x0.6x
Fri, 21 Oct 2022US$350.5bUS$571.9bUS$12.9b18.2x27.1x0.6x
Sun, 18 Sep 2022US$373.9bUS$571.9bUS$12.9b18.4x28.9x0.7x
Tue, 16 Aug 2022US$390.3bUS$572.1bUS$13.0b20.8x30x0.7x
Thu, 14 Jul 2022US$352.5bUS$559.8bUS$16.5b24.4x21.3x0.6x
Sat, 11 Jun 2022US$332.9bUS$558.8bUS$16.8b20.4x19.9x0.6x
Mon, 09 May 2022US$350.6bUS$556.8bUS$16.2b22.1x21.7x0.6x
Wed, 06 Apr 2022US$366.4bUS$545.8bUS$16.8b26.2x21.9x0.7x
Fri, 04 Mar 2022US$360.2bUS$544.4bUS$17.5b25.9x20.6x0.7x
Sun, 30 Jan 2022US$364.3bUS$532.4bUS$20.3b25x17.9x0.7x
Tue, 28 Dec 2021US$391.2bUS$532.4bUS$20.3b26.7x19.3x0.7x
Thu, 25 Nov 2021US$364.9bUS$532.5bUS$20.3b24.9x18x0.7x
Sat, 23 Oct 2021US$364.9bUS$519.3bUS$20.3b22.2x18x0.7x
Mon, 20 Sep 2021US$377.2bUS$519.2bUS$20.4b23.9x18.5x0.7x
Wed, 18 Aug 2021US$367.5bUS$519.6bUS$20.4b21.6x18x0.7x
Wed, 02 Jun 2021US$374.7bUS$501.8bUS$21.0b27.9x17.8x0.7x
Price to Earnings Ratio

17.8x


Total Market Cap: US$374.7bTotal Earnings: US$21.0bTotal Revenue: US$501.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Healthcare Services Industry Price to Earnings3Y Average 25.3x202220232024
Current Industry PE
  • Investors are optimistic on the American Healthcare Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 29.9x which is higher than its 3-year average PE of 25.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.60x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Services industry have declined 24% per year over the last three years.
  • Meanwhile revenues for these companies have grown 9.4% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does U.S. Healthcare Services compare with similar industries?

US Market0.72%
Healthcare0.80%
Healthcare Services-2.27%
Healthcare Services-6.69%
Healthcare Facilities4.25%
Managed Healthcare-0.42%
Healthcare Distributors-7.29%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
DGX Quest DiagnosticsUS$137.382.3%
+US$346.6m
0.6%PE18.1x
LH Laboratory Corporation of America HoldingsUS$201.321.5%
+US$244.9m
-10.1%PE42.5x
RCM R1 RCMUS$12.474.8%
+US$239.8m
-23.3%PE1589.8x
WGS GeneDx HoldingsUS$19.6677.4%
+US$225.5m
129.9%PS2.3x
RDNT RadNetUS$51.205.8%
+US$206.9m
78.5%PE1242.9x
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Latest News

BTSG

US$11.50

BrightSpring Health Services

7D

8.7%

1Y

n/a

WGS

US$19.66

GeneDx Holdings

7D

77.4%

1Y

129.9%

CI

US$341.50

Cigna Group

7D

-3.7%

1Y

31.0%

CCRN

US$16.67

Cross Country Healthcare

7D

-2.7%

1Y

-29.1%

RDNT

US$51.20

RadNet

7D

5.8%

1Y

78.5%

GH

US$18.88

Guardant Health

7D

8.8%

1Y

-20.2%

ACCD

US$7.54

Accolade

7D

-4.4%

1Y

-37.2%

LFST

US$6.66

LifeStance Health Group

7D

7.4%

1Y

-19.6%

MNDR

US$3.39

Mobile-health Network Solutions

7D

-85.9%

1Y

n/a

AGL

US$4.83

agilon health

7D

-3.4%

1Y

-80.3%

RCM

US$12.47

R1 RCM

7D

4.8%

1Y

-23.3%