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U.S. Healthcare Services Industry Analysis

UpdatedNov 20, 2024
DataAggregated Company Financials
Companies166
  • 7D-4.6%
  • 3M-6.1%
  • 1Y1.1%
  • YTD-2.1%

Over the last 7 days, the Healthcare Services industry has dropped 4.6%, driven by UnitedHealth Group declining 4.8%. Over the last year, the industry has been flat overall. Earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 20 Nov 2024US$1.1tUS$2.0tUS$41.3b25.2x27.5x0.6x
Fri, 18 Oct 2024US$1.2tUS$1.9tUS$43.3b25.4x27.4x0.6x
Sun, 15 Sep 2024US$1.2tUS$1.9tUS$43.3b27.5x28.3x0.6x
Tue, 13 Aug 2024US$1.2tUS$1.9tUS$43.2b28.6x27x0.6x
Thu, 11 Jul 2024US$1.1tUS$1.9tUS$43.4b24x24.8x0.6x
Sat, 08 Jun 2024US$1.1tUS$1.9tUS$43.4b26.5x25.5x0.6x
Mon, 06 May 2024US$1.1tUS$1.9tUS$42.3b26.8x25.6x0.6x
Wed, 03 Apr 2024US$1.1tUS$1.8tUS$49.6b25.9x22.8x0.6x
Fri, 01 Mar 2024US$1.1tUS$1.8tUS$49.9b23.8x22.5x0.6x
Sun, 28 Jan 2024US$1.1tUS$1.8tUS$50.0b23.5x22.4x0.6x
Tue, 26 Dec 2023US$1.1tUS$1.8tUS$51.2b23.2x22.4x0.6x
Thu, 23 Nov 2023US$1.1tUS$1.8tUS$51.1b22.6x22.2x0.6x
Sat, 21 Oct 2023US$1.1tUS$1.8tUS$47.1b22.5x24.1x0.6x
Mon, 18 Sep 2023US$1.1tUS$1.8tUS$46.9b21.6x23.2x0.6x
Wed, 16 Aug 2023US$1.1tUS$1.8tUS$46.7b22.5x24.3x0.6x
Fri, 14 Jul 2023US$1.1tUS$1.7tUS$46.1b23.4x22.9x0.6x
Sun, 11 Jun 2023US$1.1tUS$1.7tUS$45.8b22.5x24.4x0.7x
Tue, 09 May 2023US$1.1tUS$1.7tUS$45.7b22.7x24.3x0.6x
Thu, 06 Apr 2023US$1.1tUS$1.4tUS$43.7b23.6x25.2x0.8x
Sat, 04 Mar 2023US$1.1tUS$1.4tUS$44.2b22.2x24.5x0.8x
Mon, 30 Jan 2023US$1.1tUS$1.4tUS$44.8b21x25.1x0.8x
Wed, 28 Dec 2022US$1.2tUS$1.4tUS$44.4b21x26.7x0.8x
Fri, 25 Nov 2022US$1.2tUS$1.4tUS$44.4b20.6x26.9x0.8x
Sun, 23 Oct 2022US$1.2tUS$1.4tUS$46.7b19.6x25.2x0.8x
Tue, 20 Sep 2022US$1.2tUS$1.4tUS$46.1b18.9x25.8x0.9x
Thu, 18 Aug 2022US$1.2tUS$1.4tUS$46.1b19.7x26.7x0.9x
Sat, 16 Jul 2022US$1.2tUS$1.6tUS$50.5b20.3x23.2x0.7x
Mon, 13 Jun 2022US$1.1tUS$1.6tUS$50.7b18.5x22.3x0.7x
Wed, 11 May 2022US$1.1tUS$1.6tUS$50.6b18.8x22.7x0.7x
Fri, 08 Apr 2022US$1.3tUS$1.5tUS$49.0b20.3x25.6x0.9x
Sun, 06 Mar 2022US$1.2tUS$1.5tUS$49.7b19x23.8x0.8x
Tue, 01 Feb 2022US$1.1tUS$1.5tUS$52.5b19.8x21.6x0.8x
Thu, 30 Dec 2021US$1.2tUS$1.4tUS$50.2b24.2x24.4x0.9x
Sat, 27 Nov 2021US$1.1tUS$1.4tUS$50.1b21.5x22x0.8x
Price to Earnings Ratio

22x


Total Market Cap: US$1.1tTotal Earnings: US$50.1bTotal Revenue: US$1.4tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Healthcare Services Industry Price to Earnings3Y Average 24.5x202220232024
Current Industry PE
  • Investors are optimistic on the American Healthcare industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 27.5x which is higher than its 3-year average PE of 24.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.71x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 6.2% per year over the last three years.
  • Meanwhile revenues for these companies have grown 11% 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 Trends

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

US Market-1.19%
Healthcare-4.83%
Healthcare Services-4.61%
Healthcare Distributors-1.28%
Healthcare Services-2.39%
Managed Healthcare-5.59%
Healthcare Facilities-5.90%
Industry PE
  • Investors are most optimistic about the Healthcare Distributors industry which is trading above its 3-year average PE ratio of 28.4x.
    • Analysts are expecting annual earnings growth of 19.0%, which is higher than its past year's earnings decline of 21.3% per year.
  • Investors are most pessimistic about the Healthcare Facilities industry, which is trading below its 3-year average of 22.2x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 23% over the next 5 years.
  • This is better than its past earnings growth rate of 13% per year.
  • In contrast, the Healthcare Facilities industry is expected to see its earnings grow by 6.5% 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
CVS CVS HealthUS$55.772.8%
+US$1.9b		-19.3%PE14x
HSIC Henry ScheinUS$74.8410.5%
+US$885.2m		7.8%PE29.7x
HQY HealthEquityUS$102.678.3%
+US$687.2m		53.8%PE84.8x
DGX Quest DiagnosticsUS$161.160.4%
+US$68.1m		18.7%PE21.5x
CLOV Clover Health InvestmentsUS$3.283.8%
+US$60.0m		229.6%PS0.8x
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HSIC

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HUM

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CAH

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CI

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Cigna Group

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-2.9%

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UNH

US$577.00

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-4.8%

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