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U.S. Healthcare Services Industry Analysis

UpdatedDec 08, 2022
DataAggregated Company Financials
Companies181
  • 7D-0.6%
  • 3M1.6%
  • 1Y6.9%
  • YTD-0.3%

In the last week, Healthcare Services has been flat. The past year has been better, since the industry has gained 6.9% in that time. 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
Thu, 08 Dec 2022US$1.2tUS$1.4tUS$44.4b20.8x27.6x0.9x
Sat, 05 Nov 2022US$1.2tUS$1.1tUS$42.1b20.1x28.7x1.1x
Mon, 03 Oct 2022US$1.1tUS$1.4tUS$46.1b19x24.6x0.8x
Wed, 31 Aug 2022US$1.2tUS$1.4tUS$46.1b19.3x25.7x0.9x
Fri, 29 Jul 2022US$1.2tUS$1.6tUS$50.9b19.9x24x0.8x
Sun, 26 Jun 2022US$1.2tUS$1.6tUS$50.9b18.7x22.8x0.7x
Tue, 24 May 2022US$1.2tUS$1.6tUS$50.7b18.7x23x0.7x
Thu, 21 Apr 2022US$1.3tUS$1.5tUS$49.3b20.5x25.8x0.9x
Sat, 19 Mar 2022US$1.2tUS$1.5tUS$49.8b19x24.2x0.8x
Mon, 14 Feb 2022US$1.1tUS$1.5tUS$49.5b20.6x23.2x0.8x
Wed, 12 Jan 2022US$1.2tUS$1.4tUS$50.1b22.7x23.2x0.8x
Fri, 10 Dec 2021US$1.1tUS$1.4tUS$50.1b22x22.9x0.8x
Sun, 07 Nov 2021US$1.2tUS$1.4tUS$50.3b22.2x22.9x0.8x
Tue, 05 Oct 2021US$1.0tUS$1.4tUS$46.2b21.3x22.2x0.7x
Thu, 02 Sep 2021US$1.1tUS$1.4tUS$46.5b21x24x0.8x
Sat, 31 Jul 2021US$1.1tUS$1.4tUS$46.5b20.2x23.9x0.8x
Tue, 04 May 2021US$1.1tUS$1.6tUS$48.8b22.8x22.4x0.7x
Fri, 05 Feb 2021US$947.7bUS$1.6tUS$45.4b20.5x20.9x0.6x
Mon, 09 Nov 2020US$816.0bUS$1.5tUS$49.7b18.1x16.4x0.5x
Sun, 02 Aug 2020US$827.7bUS$1.7tUS$44.6b18.7x18.6x0.5x
Wed, 06 May 2020US$798.5bUS$1.7tUS$36.3b20.1x22x0.5x
Sat, 08 Feb 2020US$794.4bUS$1.6tUS$34.6b21.9x23x0.5x
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 27.6x 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 Market-3.73%
Healthcare-0.91%
Healthcare Services-0.62%
Healthcare Distributors0.081%
Healthcare Services-0.083%
Managed Healthcare-0.70%
Healthcare Facilities-4.17%
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 8.9% 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
CI CignaUS$332.191.0%
+US$1.0b
59.5%PE15.4x
MCK McKessonUS$385.511.0%
+US$543.1m
70.1%PE26.5x
CVS CVS HealthUS$102.280.4%
+US$525.6m
9.9%PE42.6x
RCM R1 RCMUS$9.869.0%
+US$337.4m
-61.0%PE265x
HQY HealthEquityUS$66.144.2%
+US$231.8m
51.3%PS6.7x
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Latest News

HQY

US$66.14

HealthEquity

7D

4.2%

1Y

51.3%

HCA

US$238.11

HCA Healthcare

7D

-0.9%

1Y

-1.0%

PGNY

US$32.26

Progyny

7D

-11.9%

1Y

-36.6%

CI

US$332.19

Cigna

7D

1.0%

1Y

59.5%

UNH

US$542.91

UnitedHealth Group

7D

-0.9%

1Y

15.8%

MCK

US$385.51

McKesson

7D

1.0%

1Y

70.1%

CNC

US$87.35

Centene

7D

0.3%

1Y

18.2%

GH

US$48.22

Guardant Health

7D

-7.9%

1Y

-50.5%

MODV

US$91.21

ModivCare

7D

18.5%

1Y

-36.5%

RCM

US$9.86

R1 RCM

7D

9.0%

1Y

-61.0%

LFST

US$5.69

LifeStance Health Group

7D

11.8%

1Y

-40.1%