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U.S. Healthcare Sector Analysis

UpdatedMay 09, 2026
DataAggregated Company Financials
Companies1408
  • 7D-0.6%
  • 3M-6.9%
  • 1Y12.4%
  • YTD-6.2%

Over the last 7 days, the Healthcare industry has remained flat, although notably Eli Lilly gained 4.3%. The past year has been better, since the industry has gained 12% in that time. As for the next few years, earnings are expected to grow by 18% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 10 May 2026US$6.2tUS$3.3tUS$123.8b22.9x50.2x1.9x
Tue, 07 Apr 2026US$6.2tUS$3.3tUS$127.9b22.5x48.5x1.9x
Thu, 05 Mar 2026US$6.5tUS$3.3tUS$126.3b25.6x51.5x2x
Sat, 31 Jan 2026US$6.5tUS$3.2tUS$126.6b27.8x51.1x2x
Mon, 29 Dec 2025US$6.6tUS$3.2tUS$135.2b26.5x48.5x2.1x
Wed, 26 Nov 2025US$6.4tUS$3.2tUS$133.6b26.7x48.3x2x
Fri, 24 Oct 2025US$6.1tUS$3.1tUS$140.8b25.5x43.1x2x
Sun, 21 Sep 2025US$5.7tUS$3.1tUS$137.6b23.9x41.4x1.8x
Tue, 19 Aug 2025US$5.7tUS$3.1tUS$136.9b23x41.3x1.8x
Thu, 17 Jul 2025US$5.4tUS$3.0tUS$127.9b23.3x42.6x1.8x
Sat, 14 Jun 2025US$5.6tUS$3.0tUS$127.4b23.5x43.8x1.8x
Mon, 12 May 2025US$5.4tUS$3.0tUS$126.6b24.2x42.4x1.8x
Wed, 09 Apr 2025US$5.2tUS$2.6tUS$81.6b24.1x63.6x2x
Fri, 07 Mar 2025US$5.9tUS$2.6tUS$79.1b27x74.2x2.2x
Sun, 02 Feb 2025US$6.1tUS$2.9tUS$85.1b27.8x72x2.1x
Tue, 31 Dec 2024US$5.8tUS$2.9tUS$79.3b27.5x73.4x2x
Thu, 28 Nov 2024US$6.1tUS$2.9tUS$77.1b28.5x79.4x2.1x
Sat, 26 Oct 2024US$6.1tUS$2.9tUS$59.1b29.1x102.6x2.1x
Mon, 23 Sep 2024US$6.3tUS$2.8tUS$60.1b30.1x104.6x2.2x
Wed, 21 Aug 2024US$6.2tUS$2.8tUS$55.9b31.9x110.8x2.2x
Fri, 19 Jul 2024US$6.4tUS$2.8tUS$60.8b31.3x105.5x2.3x
Sun, 16 Jun 2024US$6.2tUS$2.8tUS$62.4b29.9x99.1x2.2x
Tue, 14 May 2024US$6.1tUS$2.8tUS$63.9b30.6x95.7x2.2x
Thu, 11 Apr 2024US$6.2tUS$2.8tUS$85.2b32.1x72.4x2.2x
Sat, 09 Mar 2024US$6.3tUS$2.8tUS$82.9b32.5x75.9x2.3x
Mon, 05 Feb 2024US$6.4tUS$2.8tUS$76.4b31.9x84.1x2.3x
Wed, 03 Jan 2024US$6.3tUS$2.8tUS$90.3b32.5x69.9x2.2x
Fri, 01 Dec 2023US$5.8tUS$2.8tUS$91.4b28.4x63.8x2.1x
Sun, 29 Oct 2023US$5.5tUS$2.8tUS$99.5b24.1x55.6x2x
Tue, 26 Sep 2023US$5.9tUS$2.8tUS$98.5b27.9x60.2x2.1x
Thu, 24 Aug 2023US$6.1tUS$2.8tUS$99.0b28.4x61.8x2.2x
Sat, 22 Jul 2023US$6.2tUS$2.7tUS$110.9b26.9x55.5x2.2x
Mon, 19 Jun 2023US$6.0tUS$2.7tUS$109.9b26.4x54.8x2.2x
Wed, 17 May 2023US$6.0tUS$2.7tUS$114.6b24.3x52x2.2x
Price to Earnings Ratio

52x


Total Market Cap: US$6.0tTotal Earnings: US$114.6bTotal Revenue: US$2.7tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Healthcare Sector Price to Earnings3Y Average 65.5x202420252026
Current Industry PE
  • Investors are pessimistic on the American Healthcare industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 50.2x which is lower than its 3-year average PE of 65.5x.
  • The industry is trading close to its 3-year average PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have grown 2.6% per year over the last three years.
  • Revenues for these companies have grown 6.8% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.S. Healthcare sector?

US Market2.14%
Healthcare-0.56%
Healthcare Services2.63%
Life Sciences1.79%
Biotech1.19%
Healthtech-0.18%
Pharma-1.94%
Medical Equipment-3.43%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry even though it's trading below its 3-year average PE ratio of 55.0x.
    • Analysts are expecting annual earnings growth of 16.2%, which is higher than its past year's earnings growth of 9.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Biotech industry, expecting annual earnings growth of 25% over the next 5 years.
  • However this is lower than its past earnings growth rate of 43% per year.
  • In contrast, the Pharma industry is expected to see its earnings grow by 14% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
LLY Eli LillyUS$974.964.3%
+US$36.0b
29.7%PE34.4x
MRK MerckUS$112.302.9%
+US$7.7b
44.6%PE31x
CVS CVS HealthUS$87.364.9%
+US$4.7b
28.8%PE38x
WAT WatersUS$350.4913.3%
+US$4.1b
-0.1%PE76.5x
GILD Gilead SciencesUS$134.062.5%
+US$4.0b
36.6%PE19.6x

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