Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

U.S. Healthcare Services Industry Analysis

UpdatedDec 21, 2024
DataAggregated Company Financials
Companies171
  • 7D-4.1%
  • 3M-15.8%
  • 1Y-10.2%
  • YTD-12.8%

Over the last 7 days, the Healthcare Services industry has dropped 4.1%, driven by UnitedHealth Group declining 3.9%. The industry has fallen 10% in the last year. Looking forward, 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
Sat, 21 Dec 2024US$983.4bUS$2.0tUS$41.4b21.9x23.7x0.5x
Mon, 18 Nov 2024US$1.1tUS$2.0tUS$41.3b25.1x27.5x0.6x
Wed, 16 Oct 2024US$1.2tUS$1.9tUS$44.2b25.2x26.3x0.6x
Fri, 13 Sep 2024US$1.2tUS$1.9tUS$43.3b27.3x27.9x0.6x
Sun, 11 Aug 2024US$1.2tUS$1.9tUS$43.2b28.7x27x0.6x
Tue, 09 Jul 2024US$1.1tUS$1.9tUS$43.4b24x24.7x0.6x
Thu, 06 Jun 2024US$1.1tUS$1.9tUS$43.4b26.2x25.5x0.6x
Sat, 04 May 2024US$1.1tUS$1.9tUS$42.3b26.8x25.7x0.6x
Mon, 01 Apr 2024US$1.1tUS$1.8tUS$49.6b25.9x23x0.6x
Wed, 28 Feb 2024US$1.2tUS$1.8tUS$49.9b24.3x23.1x0.6x
Fri, 26 Jan 2024US$1.1tUS$1.8tUS$50.2b23.5x22.6x0.6x
Sun, 24 Dec 2023US$1.1tUS$1.8tUS$51.2b22.8x22.4x0.6x
Tue, 21 Nov 2023US$1.1tUS$1.8tUS$51.1b22.1x22.2x0.6x
Thu, 19 Oct 2023US$1.2tUS$1.8tUS$47.4b22.9x24.4x0.7x
Sat, 16 Sep 2023US$1.1tUS$1.8tUS$46.8b21.6x23.2x0.6x
Mon, 14 Aug 2023US$1.1tUS$1.8tUS$46.7b22.4x24.4x0.6x
Wed, 12 Jul 2023US$1.1tUS$1.7tUS$46.1b23.6x23.5x0.6x
Fri, 09 Jun 2023US$1.1tUS$1.7tUS$45.8b22.4x24.3x0.6x
Sun, 07 May 2023US$1.1tUS$1.7tUS$45.7b22.9x24.3x0.6x
Tue, 04 Apr 2023US$1.1tUS$1.4tUS$44.3b22.7x24.4x0.8x
Thu, 02 Mar 2023US$1.1tUS$1.4tUS$44.4b22.1x24.3x0.8x
Sat, 28 Jan 2023US$1.1tUS$1.4tUS$44.8b21x25.1x0.8x
Mon, 26 Dec 2022US$1.2tUS$1.4tUS$44.4b21.4x26.7x0.8x
Wed, 23 Nov 2022US$1.2tUS$1.4tUS$44.4b20.3x26.6x0.8x
Fri, 21 Oct 2022US$1.2tUS$1.4tUS$47.4b19.3x24.5x0.8x
Sun, 18 Sep 2022US$1.2tUS$1.4tUS$46.1b18.9x25.8x0.9x
Tue, 16 Aug 2022US$1.2tUS$1.4tUS$46.2b19.8x26.8x0.9x
Thu, 14 Jul 2022US$1.2tUS$1.6tUS$50.5b19.7x23.1x0.7x
Sat, 11 Jun 2022US$1.1tUS$1.6tUS$50.7b18.5x22.3x0.7x
Mon, 09 May 2022US$1.2tUS$1.6tUS$50.1b19.4x23.5x0.8x
Wed, 06 Apr 2022US$1.2tUS$1.5tUS$49.0b19.6x25x0.8x
Fri, 04 Mar 2022US$1.2tUS$1.5tUS$49.7b18.9x23.5x0.8x
Sun, 30 Jan 2022US$1.1tUS$1.5tUS$52.5b20.1x21.4x0.8x
Tue, 28 Dec 2021US$1.2tUS$1.4tUS$50.1b23.9x24.3x0.8x
Price to Earnings Ratio

24.3x


Total Market Cap: US$1.2tTotal 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 24.6x202220232024
Current Industry PE
  • Investors are relatively neutral on the American Healthcare industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 24.6x.
  • The industry is trading close to its 3-year average PS ratio of 0.70x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 6.1% 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-2.39%
Healthcare-2.38%
Healthcare Services-4.06%
Healthcare Distributors-3.21%
Managed Healthcare-3.94%
Healthcare Services-4.43%
Healthcare Facilities-4.59%
Industry PE
  • Investors are most optimistic about the Healthcare Distributors industry which is trading above its 3-year average PE ratio of 28.9x.
    • Analysts are expecting annual earnings growth of 19.5%, which is higher than its past year's earnings decline of 22.5% per year.
  • Investors are most pessimistic about the Healthcare Facilities industry, which is trading below its 3-year average of 22.1x.
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 18% per year.
  • In contrast, the Healthcare Facilities industry is expected to see its earnings grow by 5.9% 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
MCK McKessonUS$579.740.6%
+US$444.3m		27.6%PE29x
ADUS Addus HomeCareUS$131.405.1%
+US$114.8m		36.4%PE32x
SGRY Surgery PartnersUS$21.224.2%
+US$108.7m		-34.2%PS0.9x
AHCO AdaptHealthUS$10.287.6%
+US$96.1m		45.0%PS0.4x
CNC CenteneUS$59.580.3%
+US$80.8m		-18.8%PE9.8x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlans & PricingLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

AHCO

US$10.28

AdaptHealth

7D

7.6%

1Y

45.0%

CNC

US$59.58

Centene

7D

0.3%

1Y

-18.8%

HCA

US$303.62

HCA Healthcare

7D

-3.3%

1Y

12.5%

HUM

US$247.10

Humana

7D

-9.9%

1Y

-45.5%

MCK

US$579.74

McKesson

7D

0.6%

1Y

27.6%

Investors Still Waiting For A Pull Back In McKesson Corporation (NYSE:MCK)

Dec 19
Investors Still Waiting For A Pull Back In McKesson Corporation (NYSE:MCK)

LFST

US$7.29

LifeStance Health Group

7D

1.7%

1Y

-5.0%

CVS

US$44.36

CVS Health

7D

-10.1%

1Y

-43.7%

WGS

US$77.40

GeneDx Holdings

7D

2.6%

1Y

2,497.3%

Is GeneDx Holdings (NASDAQ:WGS) Using Too Much Debt?

Dec 16
Is GeneDx Holdings (NASDAQ:WGS) Using Too Much Debt?

ELV

US$365.96

Elevance Health

7D

-4.1%

1Y

-21.6%

Returns Are Gaining Momentum At Elevance Health (NYSE:ELV)

Dec 15
Returns Are Gaining Momentum At Elevance Health (NYSE:ELV)

ADUS

US$131.40

Addus HomeCare

7D

5.1%

1Y

36.4%

Addus HomeCare (NASDAQ:ADUS) Ticks All The Boxes When It Comes To Earnings Growth

Dec 14
Addus HomeCare (NASDAQ:ADUS) Ticks All The Boxes When It Comes To Earnings Growth

CI

US$276.92

Cigna Group

7D

-1.8%

1Y

-7.1%

Cigna And The Risk Of PBMs - I'm Staying Out Above $230/Share

Dec 13

HSIC

US$69.82

Henry Schein

7D

-8.9%

1Y

-6.8%

Henry Schein: The Kind Of Business I Like But No Margin Of Safety Now

Dec 10

SGRY

US$21.22

Surgery Partners

7D

4.2%

1Y

-34.2%

Market Cool On Surgery Partners, Inc.'s (NASDAQ:SGRY) Revenues Pushing Shares 28% Lower

Dec 08
Market Cool On Surgery Partners, Inc.'s (NASDAQ:SGRY) Revenues Pushing Shares 28% Lower

COR

US$227.69

Cencora

7D

-2.0%

1Y

12.1%

UNH

US$500.13

UnitedHealth Group

7D

-3.9%

1Y

-3.9%

Wall Street Lunch: UnitedHealthcare Executive Gunned Down In New York

Dec 04

CLOV

US$3.23

Clover Health Investments

7D

3.9%

1Y

223.0%

Clover Health: Buy The Dip, Reap The Rewards

Nov 18