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U.S. Healthcare Services Industry Analysis

UpdatedDec 06, 2022
DataAggregated Company Financials
Companies181
  • 7D1.5%
  • 3M3.9%
  • 1Y9.1%
  • YTD-0.4%

Over the last 7 days, the Healthcare Services industry has risen 1.5%, and UnitedHealth Group contributed the most with a gain of 0.5%. During this same period, the Progyny underperformed, falling 7.7%. This takes the industry's 12 month performance to a gain of 9.1%. 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
Tue, 06 Dec 2022US$1.2tUS$1.4tUS$44.4b20.8x27.4x0.9x
Thu, 03 Nov 2022US$1.2tUS$1.4tUS$46.4b19.6x26.5x0.9x
Sat, 01 Oct 2022US$1.1tUS$1.4tUS$46.1b19x24.6x0.8x
Mon, 29 Aug 2022US$1.2tUS$1.4tUS$46.1b19.3x25.9x0.9x
Wed, 27 Jul 2022US$1.2tUS$1.5tUS$50.7b20.4x24.1x0.8x
Fri, 24 Jun 2022US$1.2tUS$1.6tUS$50.8b18.9x22.8x0.7x
Sun, 22 May 2022US$1.2tUS$1.6tUS$50.7b19x22.8x0.7x
Tue, 19 Apr 2022US$1.2tUS$1.5tUS$49.3b20.7x25.1x0.8x
Thu, 17 Mar 2022US$1.2tUS$1.5tUS$49.8b18.7x23.8x0.8x
Sat, 12 Feb 2022US$1.1tUS$1.5tUS$49.5b20.6x23.2x0.8x
Mon, 10 Jan 2022US$1.1tUS$1.4tUS$50.0b22.5x22.7x0.8x
Wed, 08 Dec 2021US$1.1tUS$1.4tUS$50.1b21.1x22.2x0.8x
Fri, 05 Nov 2021US$1.1tUS$1.4tUS$49.7b21.8x23.1x0.8x
Sun, 03 Oct 2021US$1.0tUS$1.4tUS$46.2b21.8x22.5x0.7x
Tue, 31 Aug 2021US$1.1tUS$1.4tUS$46.5b20.4x23.5x0.8x
Wed, 07 Jul 2021US$1.1tUS$1.4tUS$46.4b20.3x24x0.8x
Sat, 10 Apr 2021US$1.0tUS$1.6tUS$48.2b20.8x21.5x0.7x
Fri, 01 Jan 2021US$946.4bUS$1.6tUS$45.3b18.6x20.9x0.6x
Mon, 05 Oct 2020US$824.2bUS$1.5tUS$49.6b18.7x16.6x0.5x
Thu, 09 Jul 2020US$807.8bUS$1.7tUS$44.6b18.4x18.1x0.5x
Wed, 01 Apr 2020US$704.3bUS$1.7tUS$37.0b25.9x19x0.4x
Sat, 04 Jan 2020US$828.9bUS$1.6tUS$34.6b21.8x23.9x0.5x
Price to Earnings Ratio

23.9x


Total Market Cap: US$828.9bTotal Earnings: US$34.6bTotal Revenue: US$1.6tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Healthcare Services Industry Price to Earnings3Y Average 22.2x20212022
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 27.4x which is higher than its 3-year average PE of 22.2x.
  • 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 8.6% per year over the last three years.
  • Meanwhile revenues for these companies have declined 4.4% 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 Market1.07%
Healthcare1.92%
Healthcare Services1.54%
Healthcare Services2.47%
Healthcare Distributors1.95%
Healthcare Facilities1.89%
Managed Healthcare1.06%
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 17.9%, 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 21.8x.
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 8.8% 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$535.040.5%
+US$2.6b
16.3%PE25.7x
CI CignaUS$327.392.5%
+US$2.4b
58.5%PE15.1x
ELV Elevance HealthUS$522.341.9%
+US$2.3b
29.4%PE20.1x
CVS CVS HealthUS$102.011.6%
+US$2.1b
10.1%PE42.5x
HUM HumanaUS$547.422.5%
+US$1.7b
26.6%PE24.7x
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CVS

US$102.01

CVS Health

7D

1.6%

1Y

10.1%

ENSG

US$91.70

Ensign Group

7D

-1.1%

1Y

17.4%

PGNY

US$34.07

Progyny

7D

-7.7%

1Y

-30.7%

CRVL

US$148.27

CorVel

7D

-1.3%

1Y

-22.3%

CI

US$327.39

Cigna

7D

2.5%

1Y

58.5%

UNH

US$535.04

UnitedHealth Group

7D

0.5%

1Y

16.3%

LHCG

US$162.06

LHC Group

7D

-3.4%

1Y

37.4%

UHS

US$127.36

Universal Health Services

7D

-1.4%

1Y

1.0%

ABC

US$171.28

AmerisourceBergen

7D

2.5%

1Y

44.1%

CMAX

US$3.49

CareMax

7D

-8.6%

1Y

-44.0%

CNC

US$86.35

Centene

7D

1.7%

1Y

20.3%

HUM

US$547.42

Humana

7D

2.5%

1Y

26.6%

RCM

US$10.11

R1 RCM

7D

34.6%

1Y

-58.4%