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U.S. Healthcare Services Industry Analysis

UpdatedMay 05, 2025
DataAggregated Company Financials
Companies166
  • 7D-0.9%
  • 3M-11.9%
  • 1Y-10.0%
  • YTD-3.1%

The Healthcare Services is pretty flat in the last 7 days, but Hims & Hers Health has stood out, gaining 47%. As for the longer term, the industry has declined 10% in the last year. Looking forward, 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 May 2025US$913.9bUS$1.7tUS$50.8b22.3x18x0.5x
Thu, 03 Apr 2025US$1.0tUS$1.7tUS$41.6b24.3x24.9x0.6x
Sat, 01 Mar 2025US$975.3bUS$1.7tUS$41.5b24.7x23.5x0.6x
Mon, 27 Jan 2025US$1.1tUS$2.0tUS$41.9b23.1x25.8x0.5x
Wed, 25 Dec 2024US$1.0tUS$2.0tUS$41.4b22x24.4x0.5x
Fri, 22 Nov 2024US$1.1tUS$2.0tUS$41.4b25.4x27.7x0.6x
Sun, 20 Oct 2024US$1.2tUS$1.9tUS$43.3b25.5x26.6x0.6x
Tue, 17 Sep 2024US$1.2tUS$1.9tUS$43.3b27.7x28.2x0.6x
Thu, 15 Aug 2024US$1.2tUS$1.9tUS$43.2b28.4x27.4x0.6x
Sat, 13 Jul 2024US$1.1tUS$1.9tUS$43.4b25.1x25.3x0.6x
Mon, 10 Jun 2024US$1.1tUS$1.9tUS$43.4b26.5x25.2x0.6x
Wed, 08 May 2024US$1.1tUS$1.9tUS$42.2b28.8x26.1x0.6x
Fri, 05 Apr 2024US$1.1tUS$1.8tUS$49.6b25.8x21.8x0.6x
Sun, 03 Mar 2024US$1.1tUS$1.8tUS$49.8b24.1x22.2x0.6x
Tue, 30 Jan 2024US$1.1tUS$1.8tUS$50.0b23.5x22.4x0.6x
Thu, 28 Dec 2023US$1.2tUS$1.8tUS$51.2b23.3x22.5x0.6x
Sat, 25 Nov 2023US$1.2tUS$1.8tUS$51.1b23x22.7x0.6x
Mon, 23 Oct 2023US$1.1tUS$1.8tUS$47.1b22.5x24.1x0.6x
Wed, 20 Sep 2023US$1.1tUS$1.8tUS$46.9b21.5x23.1x0.6x
Fri, 18 Aug 2023US$1.1tUS$1.8tUS$46.7b22.1x24.1x0.6x
Sun, 16 Jul 2023US$1.1tUS$1.7tUS$46.4b23.6x23.6x0.6x
Tue, 13 Jun 2023US$1.1tUS$1.7tUS$45.8b22.6x24.4x0.7x
Thu, 11 May 2023US$1.1tUS$1.7tUS$45.6b22.1x24.2x0.6x
Sat, 08 Apr 2023US$1.1tUS$1.4tUS$43.6b23.8x25.4x0.8x
Mon, 06 Mar 2023US$1.1tUS$1.4tUS$44.2b22.2x24.5x0.8x
Wed, 01 Feb 2023US$1.1tUS$1.4tUS$44.8b21.4x25.7x0.8x
Fri, 30 Dec 2022US$1.2tUS$1.4tUS$44.4b21.5x26.7x0.8x
Sun, 27 Nov 2022US$1.2tUS$1.4tUS$44.4b20.8x27.2x0.9x
Tue, 25 Oct 2022US$1.2tUS$1.4tUS$46.7b19.6x25.2x0.8x
Thu, 22 Sep 2022US$1.2tUS$1.4tUS$46.1b18.4x25.2x0.8x
Sat, 20 Aug 2022US$1.2tUS$1.4tUS$46.1b19.8x26.8x0.9x
Mon, 18 Jul 2022US$1.2tUS$1.6tUS$51.3b20.3x23.7x0.8x
Wed, 15 Jun 2022US$1.1tUS$1.6tUS$50.7b17.8x21.4x0.7x
Fri, 13 May 2022US$1.1tUS$1.6tUS$50.6b18.4x22.6x0.7x
Price to Earnings Ratio

22.6x


Total Market Cap: US$1.1tTotal Earnings: US$50.6bTotal 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 18.0x 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 3.4% 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 Market2.79%
Healthcare0.20%
Healthcare Services-0.87%
Healthcare Facilities5.23%
Healthcare Services2.88%
Healthcare Distributors1.44%
Managed Healthcare-3.40%
Industry PE
  • Investors are most optimistic about the Healthcare Distributors industry which is trading above its 3-year average PE ratio of 35.4x.
    • Analysts are expecting annual earnings growth of 14.3%, which is higher than its past year's earnings decline of 6.4% 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$41.8847.1%
+US$3.0b		259.5%PE74.3x
CVS CVS HealthUS$67.103.3%
+US$2.9b		19.9%PE16.1x
CAH Cardinal HealthUS$151.999.9%
+US$2.9b		54.2%PE23.3x
HCA HCA HealthcareUS$349.385.2%
+US$2.3b		12.7%PE14.5x
THC Tenet HealthcareUS$149.0320.3%
+US$2.1b		21.8%PE9.5x
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Select Medical Holdings

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WGS

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GeneDx Holdings

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1Y

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GH

US$44.05

Guardant Health

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-8.2%

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CI

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Cigna Group

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1Y

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CAH

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Cardinal Health

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9.9%

1Y

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MCK

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McKesson

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ALHC

US$15.48

Alignment Healthcare

7D

-12.5%

1Y

128.3%

CVS

US$67.10

CVS Health

7D

3.3%

1Y

19.9%

HIMS

US$41.88

Hims & Hers Health

7D

47.1%

1Y

259.5%

HUM

US$256.69

Humana

7D

-2.5%

1Y

-19.6%

LH

US$246.82

Labcorp Holdings

7D

7.5%

1Y

22.8%

NEO

US$7.84

NeoGenomics

7D

-21.4%

1Y

-49.5%

THC

US$149.03

Tenet Healthcare

7D

20.3%

1Y

21.8%

HCA

US$349.38

HCA Healthcare

7D

5.2%

1Y

12.7%

UNH

US$404.81

UnitedHealth Group

7D

-3.6%

1Y

-18.1%

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COR

US$291.97

Cencora

7D

1.5%

1Y

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