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U.S. Healthcare Services Industry Analysis

UpdatedMay 09, 2025
DataAggregated Company Financials
Companies166
  • 7D-0.7%
  • 3M-8.7%
  • 1Y-11.2%
  • YTD-2.6%

Last week, the Healthcare Services industry hasn't moved much but Hims & Hers Health is up 42% in that time. Unfortunately though, the industry is down 11% over the past 12 months. Earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 09 May 2025US$969.7bUS$2.1tUS$52.7b20.6x18.4x0.5x
Sun, 06 Apr 2025US$1.0tUS$1.7tUS$41.6b24.1x24.5x0.6x
Tue, 04 Mar 2025US$982.2bUS$1.7tUS$41.7b24.8x23.5x0.6x
Thu, 30 Jan 2025US$1.1tUS$2.0tUS$42.1b23x26.2x0.6x
Sat, 28 Dec 2024US$1.0tUS$2.0tUS$41.4b21.9x24.5x0.5x
Mon, 25 Nov 2024US$1.1tUS$2.0tUS$41.4b24.6x27.7x0.6x
Wed, 23 Oct 2024US$1.1tUS$1.9tUS$43.3b24.6x26.3x0.6x
Fri, 20 Sep 2024US$1.2tUS$1.9tUS$43.3b26.1x27.9x0.6x
Sun, 18 Aug 2024US$1.2tUS$1.9tUS$43.2b26.3x27.7x0.6x
Tue, 16 Jul 2024US$1.1tUS$1.9tUS$43.4b25.7x25.6x0.6x
Thu, 13 Jun 2024US$1.1tUS$1.9tUS$43.4b26.4x25.2x0.6x
Sat, 11 May 2024US$1.1tUS$1.9tUS$43.5b26.9x25.4x0.6x
Mon, 08 Apr 2024US$1.1tUS$1.8tUS$49.6b26x21.7x0.6x
Wed, 06 Mar 2024US$1.1tUS$1.8tUS$49.8b25x22.1x0.6x
Fri, 02 Feb 2024US$1.1tUS$1.8tUS$50.1b23.4x22.7x0.6x
Sun, 31 Dec 2023US$1.2tUS$1.8tUS$51.2b23.3x22.6x0.6x
Tue, 28 Nov 2023US$1.2tUS$1.8tUS$51.1b23x22.7x0.6x
Thu, 26 Oct 2023US$1.1tUS$1.8tUS$46.8b22.3x24.1x0.6x
Sat, 23 Sep 2023US$1.1tUS$1.8tUS$46.9b22.1x23.7x0.6x
Mon, 21 Aug 2023US$1.1tUS$1.8tUS$46.7b22.3x23.7x0.6x
Wed, 19 Jul 2023US$1.1tUS$1.7tUS$46.5b23.8x24.2x0.7x
Fri, 16 Jun 2023US$1.1tUS$1.7tUS$45.7b22.7x23.2x0.6x
Sun, 14 May 2023US$1.1tUS$1.7tUS$45.7b22.1x24x0.6x
Tue, 11 Apr 2023US$1.1tUS$1.4tUS$43.6b23.5x25.4x0.8x
Thu, 09 Mar 2023US$1.1tUS$1.4tUS$44.1b21.6x24x0.7x
Sat, 04 Feb 2023US$1.1tUS$1.4tUS$44.6b21.2x24.7x0.8x
Mon, 02 Jan 2023US$1.2tUS$1.4tUS$44.4b22.3x26.7x0.8x
Wed, 30 Nov 2022US$1.2tUS$1.4tUS$44.4b20.5x26.9x0.8x
Fri, 28 Oct 2022US$1.2tUS$1.4tUS$46.6b19.4x26x0.9x
Sun, 25 Sep 2022US$1.1tUS$1.4tUS$46.1b18.4x24.9x0.8x
Tue, 23 Aug 2022US$1.2tUS$1.4tUS$46.1b19.8x26.7x0.9x
Thu, 21 Jul 2022US$1.2tUS$1.6tUS$51.3b20.2x23.3x0.8x
Sat, 18 Jun 2022US$1.1tUS$1.6tUS$50.7b17.9x21.2x0.7x
Mon, 16 May 2022US$1.2tUS$1.6tUS$50.7b18.9x22.8x0.7x
Price to Earnings Ratio

22.8x


Total Market Cap: US$1.2tTotal Earnings: US$50.7bTotal Revenue: US$1.6tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Healthcare Services Industry Price to Earnings3Y Average 24.6x202320242025
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 18.4x which is lower than its 3-year average PE of 24.6x.
  • 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 remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 9.3% 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 and as a result, profits have held steady.

Industry Trends

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

US Market1.33%
Healthcare-1.67%
Healthcare Services-0.73%
Healthcare Facilities2.42%
Healthcare Services1.11%
Healthcare Distributors-1.44%
Managed Healthcare-1.95%
Industry PE
  • Investors are most optimistic about the Healthcare Distributors industry which is trading above its 3-year average PE ratio of 35.8x.
    • Analysts are expecting annual earnings growth of 15.9%, which is higher than its past year's earnings decline of 1.9% per year.
  • Investors are most pessimistic about the Healthcare Facilities industry, which is trading below its 3-year average of 21.2x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 17% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Managed Healthcare industry is expected to see its earnings grow by 12% 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
HIMS Hims & Hers HealthUS$51.4042.1%
+US$3.4b		297.8%PE70x
HCA HCA HealthcareUS$353.923.2%
+US$2.6b		10.0%PE14.7x
CNC CenteneUS$62.425.1%
+US$1.5b		-19.6%PE9x
ELV Elevance HealthUS$412.381.0%
+US$919.6m		-23.4%PE15.7x
BTSG BrightSpring Health ServicesUS$22.5225.8%
+US$790.2m		95.7%PE83.4x
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Select Medical Holdings

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1Y

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LH

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3.1%

1Y

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HIMS

US$51.40

Hims & Hers Health

7D

42.1%

1Y

297.8%

COR

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Cencora

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BTSG

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MOH

US$325.86

Molina Healthcare

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4.1%

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GH

US$41.68

Guardant Health

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114.4%

CI

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Cigna Group

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MCK

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McKesson

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-2.3%

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24.3%

CVS

US$67.85

CVS Health

7D

-2.3%

1Y

21.9%

HUM

US$253.35

Humana

7D

-1.1%

1Y

-24.3%

UHS

US$183.77

Universal Health Services

7D

5.2%

1Y

3.8%

HCA

US$353.92

HCA Healthcare

7D

3.2%

1Y

10.0%

CNC

US$62.42

Centene

7D

5.1%

1Y

-19.6%

ELV

US$412.38

Elevance Health

7D

1.0%

1Y

-23.4%

UNH

US$385.55

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7D

-3.8%

1Y

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