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U.S. Healthcare Services Industry Analysis

UpdatedNov 28, 2022
DataAggregated Company Financials
Companies181
  • 7D2.1%
  • 3M0.9%
  • 1Y9.3%
  • YTD-1.3%

The Healthcare Services industry is up 2.1% in the last week, with UnitedHealth Group up 1.4%. In the last 12 months, the industry was up 9.3%. As for the next few years, earnings are expected to grow by 14% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 28 Nov 2022US$1.2tUS$1.4tUS$44.4b20.8x27.2x0.9x
Wed, 26 Oct 2022US$1.2tUS$1.4tUS$46.7b19.6x25.8x0.9x
Fri, 23 Sep 2022US$1.2tUS$1.4tUS$46.1b18.4x25.1x0.8x
Sun, 21 Aug 2022US$1.2tUS$1.4tUS$46.1b19.8x26.8x0.9x
Tue, 19 Jul 2022US$1.2tUS$1.6tUS$51.3b20.3x23.7x0.8x
Thu, 16 Jun 2022US$1.1tUS$1.6tUS$50.7b18.1x21.6x0.7x
Sat, 14 May 2022US$1.2tUS$1.6tUS$50.7b18.8x22.8x0.7x
Mon, 11 Apr 2022US$1.3tUS$1.5tUS$49.2b20.8x25.7x0.9x
Wed, 09 Mar 2022US$1.2tUS$1.5tUS$49.7b18.3x23.3x0.8x
Fri, 04 Feb 2022US$1.2tUS$1.5tUS$52.8b19.7x21.9x0.8x
Sun, 02 Jan 2022US$1.2tUS$1.4tUS$50.2b23.9x24.3x0.8x
Tue, 30 Nov 2021US$1.1tUS$1.4tUS$50.1b21x22x0.8x
Thu, 28 Oct 2021US$1.1tUS$1.4tUS$48.9b20.3x23x0.8x
Sat, 25 Sep 2021US$1.1tUS$1.4tUS$46.2b21.9x23.2x0.8x
Mon, 23 Aug 2021US$1.1tUS$1.4tUS$46.5b20.3x23.4x0.8x
Sat, 10 Jul 2021US$1.1tUS$1.4tUS$46.4b20.3x24x0.8x
Fri, 02 Apr 2021US$1.0tUS$1.6tUS$48.2b20.8x21.5x0.7x
Mon, 04 Jan 2021US$946.4bUS$1.6tUS$45.3b18.6x20.9x0.6x
Thu, 08 Oct 2020US$824.2bUS$1.5tUS$49.6b18.7x16.6x0.5x
Wed, 01 Jul 2020US$807.8bUS$1.7tUS$44.6b18.4x18.1x0.5x
Sat, 04 Apr 2020US$704.3bUS$1.7tUS$37.0b25.9x19x0.4x
Tue, 07 Jan 2020US$828.9bUS$1.6tUS$34.6b21.8x23.9x0.5x
Price to Earnings Ratio

26.9x


Total Market Cap: US$805.0bTotal Earnings: US$29.9bTotal Revenue: US$1.6tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Healthcare Services Industry Price to Earnings3Y Average 22.3x202020212022
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 27.2x which is higher than its 3-year average PE of 22.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.67x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have grown 14% per year over the last three years.
  • Meanwhile revenues for these companies have declined 3.2% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

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

US Market1.26%
Healthcare1.63%
Healthcare Services2.14%
Healthcare Services2.49%
Healthcare Distributors2.33%
Healthcare Facilities2.28%
Managed Healthcare1.96%
Industry PE
  • Investors are most optimistic about the Healthcare Services industry which is trading above its 3-year average PE ratio of 19.2x.
    • Analysts are expecting annual earnings growth of 17.6%, which is higher than its past year's earnings decline of 17.5% per year.
  • Investors are most pessimistic about the Healthcare Facilities industry, which is trading close to its 3-year average of 22.8x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 18% over the next 5 years.
  • This is better than its past earnings decline of 18% per year.
  • In contrast, the Healthcare Distributors industry is expected to see its earnings grow by 9.1% 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
UNH UnitedHealth GroupUS$537.621.4%
+US$7.1b
22.2%PE25.9x
CVS CVS HealthUS$101.264.0%
+US$5.1b
10.6%PE42.2x
ELV Elevance HealthUS$513.863.7%
+US$4.4b
23.7%PE19.8x
HCA HCA HealthcareUS$239.374.0%
+US$2.6b
3.6%PE12.6x
MCK McKessonUS$383.343.7%
+US$1.9b
73.0%PE26.4x
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Latest News

CI

US$323.90

Cigna

7D

1.5%

1Y

60.3%

OPK

US$1.47

OPKO Health

7D

-9.3%

1Y

-64.4%

ELV

US$513.86

Elevance Health

7D

3.7%

1Y

23.7%

UNH

US$537.62

UnitedHealth Group

7D

1.4%

1Y

22.2%

PRVA

US$22.92

Privia Health Group

7D

-3.3%

1Y

-3.3%

MCK

US$383.34

McKesson

7D

3.7%

1Y

73.0%

CMAX

US$4.12

CareMax

7D

-10.8%

1Y

-41.6%

SMFR

US$0.51

Sema4 Holdings

7D

-18.5%

1Y

-92.6%

AGL

US$16.66

agilon health

7D

-3.0%

1Y

-22.8%

CNC

US$84.86

Centene

7D

2.6%

1Y

14.8%

OSH

US$19.42

Oak Street Health

7D

-4.0%

1Y

-36.9%

ME

US$2.87

23andMe Holding

7D

-4.0%

1Y

-68.6%

HUM

US$540.95

Humana

7D

2.1%

1Y

26.2%

HCA

US$239.37

HCA Healthcare

7D

4.0%

1Y

3.6%

INNV

US$6.89

InnovAge Holding

7D

-5.9%

1Y

-9.5%