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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 HCA Healthcare has stood out, gaining 6.1%. Unfortunately though, the industry is down 10% over the past 12 months. 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
Mon, 05 May 2025US$913.9bUS$1.7tUS$50.8b22.3x18x0.5x
Wed, 02 Apr 2025US$1.0tUS$1.7tUS$41.6b24.1x24.9x0.6x
Fri, 28 Feb 2025US$967.2bUS$1.7tUS$41.6b24.1x23.2x0.6x
Sun, 26 Jan 2025US$1.1tUS$2.0tUS$41.9b23.1x25.8x0.5x
Tue, 24 Dec 2024US$998.9bUS$2.0tUS$41.4b22x24.1x0.5x
Thu, 21 Nov 2024US$1.1tUS$2.0tUS$41.4b25.8x27x0.6x
Sat, 19 Oct 2024US$1.2tUS$1.9tUS$43.3b25.5x26.8x0.6x
Mon, 16 Sep 2024US$1.2tUS$1.9tUS$43.3b27.5x28.3x0.6x
Wed, 14 Aug 2024US$1.2tUS$1.9tUS$43.2b28.6x27x0.6x
Fri, 12 Jul 2024US$1.1tUS$1.9tUS$43.4b24.7x25.1x0.6x
Sun, 09 Jun 2024US$1.1tUS$1.9tUS$43.4b26.5x25.2x0.6x
Tue, 07 May 2024US$1.1tUS$1.9tUS$42.3b27x25.8x0.6x
Thu, 04 Apr 2024US$1.1tUS$1.8tUS$49.6b26.2x21.8x0.6x
Sat, 02 Mar 2024US$1.1tUS$1.8tUS$49.8b24.1x22.3x0.6x
Mon, 29 Jan 2024US$1.1tUS$1.8tUS$50.0b23.5x22.4x0.6x
Wed, 27 Dec 2023US$1.1tUS$1.8tUS$51.2b23.3x22.4x0.6x
Fri, 24 Nov 2023US$1.1tUS$1.8tUS$51.1b22.6x22.4x0.6x
Sun, 22 Oct 2023US$1.1tUS$1.8tUS$47.1b22.5x24.1x0.6x
Tue, 19 Sep 2023US$1.1tUS$1.8tUS$46.9b21.5x23.2x0.6x
Thu, 17 Aug 2023US$1.1tUS$1.8tUS$46.7b22.4x24.1x0.6x
Sat, 15 Jul 2023US$1.1tUS$1.7tUS$46.5b23.6x23.6x0.6x
Mon, 12 Jun 2023US$1.1tUS$1.7tUS$45.8b22.5x24.4x0.7x
Wed, 10 May 2023US$1.1tUS$1.7tUS$45.8b22.4x24.1x0.6x
Fri, 07 Apr 2023US$1.1tUS$1.4tUS$43.7b23.8x25.3x0.8x
Sun, 05 Mar 2023US$1.1tUS$1.4tUS$44.2b22.2x24.5x0.8x
Tue, 31 Jan 2023US$1.1tUS$1.4tUS$44.8b21x25x0.8x
Thu, 29 Dec 2022US$1.2tUS$1.4tUS$44.4b21x26.6x0.8x
Sat, 26 Nov 2022US$1.2tUS$1.4tUS$44.4b20.8x27.2x0.9x
Mon, 24 Oct 2022US$1.2tUS$1.4tUS$46.7b19.6x25.2x0.8x
Wed, 21 Sep 2022US$1.2tUS$1.4tUS$46.1b18.7x25.7x0.9x
Fri, 19 Aug 2022US$1.2tUS$1.4tUS$46.1b19.7x26.6x0.9x
Sun, 17 Jul 2022US$1.2tUS$1.6tUS$51.3b20.3x23.7x0.8x
Tue, 14 Jun 2022US$1.1tUS$1.6tUS$50.7b17.9x21.6x0.7x
Thu, 12 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
CVS CVS HealthUS$67.463.9%
+US$3.4b		20.5%PE16.2x
HIMS Hims & Hers HealthUS$40.8245.3%
+US$2.8b		262.5%PE72.4x
CAH Cardinal HealthUS$149.538.2%
+US$2.3b		51.7%PE22.9x
THC Tenet HealthcareUS$148.0319.5%
+US$2.1b		21.0%PE9.5x
HCA HCA HealthcareUS$347.974.8%
+US$2.0b		12.2%PE14.5x
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GeneDx Holdings

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-39.4%

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242.0%

CI

US$334.75

Cigna Group

7D

-0.02%

1Y

-2.2%

CAH

US$149.53

Cardinal Health

7D

8.2%

1Y

51.7%

MCK

US$708.41

McKesson

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1.2%

1Y

32.8%

ALHC

US$15.53

Alignment Healthcare

7D

-11.4%

1Y

134.2%

CVS

US$67.46

CVS Health

7D

3.9%

1Y

20.5%

HIMS

US$40.82

Hims & Hers Health

7D

45.3%

1Y

262.5%

SEM

US$14.26

Select Medical Holdings

7D

-21.3%

1Y

-55.6%

HUM

US$258.48

Humana

7D

-1.8%

1Y

-19.0%

LH

US$247.66

Labcorp Holdings

7D

7.9%

1Y

23.2%

NEO

US$7.70

NeoGenomics

7D

-25.0%

1Y

-49.7%

THC

US$148.03

Tenet Healthcare

7D

19.5%

1Y

21.0%

HCA

US$347.97

HCA Healthcare

7D

4.8%

1Y

12.2%

ELV

US$409.98

Elevance Health

7D

-0.9%

1Y

-22.6%

UNH

US$399.92

UnitedHealth Group

7D

-4.8%

1Y

-19.1%

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COR

US$292.12

Cencora

7D

1.5%

1Y

30.4%