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U.S. Healthcare Services Industry Analysis

UpdatedMay 25, 2025
DataAggregated Company Financials
Companies163
  • 7D-2.5%
  • 3M-14.9%
  • 1Y-20.6%
  • YTD-13.5%

Over the last 7 days, the Healthcare Services industry has dropped 2.5%, driven by a pullback from Elevance Health of 7.7%. The industry has fallen 21% in the last year. As for the next few years, earnings are expected to grow by 14% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 25 May 2025US$853.4bUS$2.1tUS$52.5b19.2x16.2x0.4x
Tue, 22 Apr 2025US$956.9bUS$1.7tUS$49.4b22.2x19.4x0.6x
Thu, 20 Mar 2025US$1.0tUS$1.7tUS$41.5b23.8x24.4x0.6x
Sat, 15 Feb 2025US$1.0tUS$1.7tUS$41.2b23.3x25.3x0.6x
Mon, 13 Jan 2025US$1.0tUS$2.0tUS$42.2b21.6x24.5x0.5x
Wed, 11 Dec 2024US$1.1tUS$2.0tUS$41.4b23.6x26.7x0.6x
Fri, 08 Nov 2024US$1.2tUS$2.0tUS$41.4b25.5x28.3x0.6x
Sun, 06 Oct 2024US$1.2tUS$1.9tUS$43.3b24.5x27.4x0.6x
Tue, 03 Sep 2024US$1.2tUS$1.9tUS$43.3b26.6x28.3x0.6x
Thu, 01 Aug 2024US$1.2tUS$1.9tUS$43.0b27.4x27.9x0.6x
Sat, 29 Jun 2024US$1.1tUS$1.9tUS$43.4b24.6x24.9x0.6x
Mon, 27 May 2024US$1.1tUS$1.9tUS$43.3b26.5x25.2x0.6x
Wed, 24 Apr 2024US$1.1tUS$1.9tUS$43.0b25.9x25.7x0.6x
Fri, 22 Mar 2024US$1.1tUS$1.8tUS$49.6b24.4x22.8x0.6x
Sun, 18 Feb 2024US$1.1tUS$1.8tUS$49.9b24x23x0.6x
Tue, 16 Jan 2024US$1.2tUS$1.8tUS$50.8b24x22.7x0.6x
Thu, 14 Dec 2023US$1.2tUS$1.8tUS$51.2b23.3x22.9x0.7x
Sat, 11 Nov 2023US$1.1tUS$1.8tUS$51.2b21.7x22.4x0.6x
Mon, 09 Oct 2023US$1.1tUS$1.8tUS$46.9b22.4x24x0.6x
Wed, 06 Sep 2023US$1.1tUS$1.8tUS$46.7b21.7x23.1x0.6x
Fri, 04 Aug 2023US$1.1tUS$1.8tUS$47.2b22.5x24x0.6x
Sun, 02 Jul 2023US$1.1tUS$1.7tUS$46.1b23.6x23.9x0.6x
Tue, 30 May 2023US$1.1tUS$1.7tUS$45.7b21.6x23.5x0.6x
Thu, 27 Apr 2023US$1.1tUS$1.4tUS$44.3b23.9x23.8x0.7x
Sat, 25 Mar 2023US$1.0tUS$1.4tUS$44.4b22.1x23.5x0.7x
Mon, 20 Feb 2023US$1.1tUS$1.4tUS$43.5b22.5x26.2x0.8x
Wed, 18 Jan 2023US$1.1tUS$1.4tUS$45.0b21.5x25.1x0.8x
Fri, 16 Dec 2022US$1.2tUS$1.4tUS$44.4b20.5x26.7x0.8x
Sun, 13 Nov 2022US$1.2tUS$1.4tUS$44.5b20.1x26.4x0.8x
Tue, 11 Oct 2022US$1.1tUS$1.4tUS$46.1b19x24.5x0.8x
Thu, 08 Sep 2022US$1.2tUS$1.4tUS$46.1b18.7x25.4x0.8x
Sat, 06 Aug 2022US$1.2tUS$1.4tUS$48.7b19.8x24.8x0.9x
Mon, 04 Jul 2022US$1.2tUS$1.6tUS$50.5b18.8x23.4x0.8x
Wed, 01 Jun 2022US$1.2tUS$1.6tUS$50.7b19.8x23.3x0.8x
Price to Earnings Ratio

23.3x


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 24.5x202320242025
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 16.2x which is lower than its 3-year average PE of 24.5x.
  • 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 Market-2.65%
Healthcare-2.20%
Healthcare Services-2.49%
Healthcare Distributors0.52%
Managed Healthcare-2.13%
Healthcare Services-3.37%
Healthcare Facilities-4.16%
Industry PE
  • Investors are most optimistic about the Healthcare Distributors industry, which is trading close to its 3-year average PE ratio of 36.0x.
    • Analysts are expecting annual earnings growth of 14.7%, which is higher than its past year's earnings decline of 1.9% per year.
  • Investors are most pessimistic about the Managed Healthcare industry, which is trading below its 3-year average of 23.8x.
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 growth rate of 13% per year.
  • In contrast, the Managed Healthcare industry is expected to see its earnings grow by 11% 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$295.571.3%
+US$3.3b		-41.8%PE12.1x
COR CencoraUS$292.350.7%
+US$412.8m		33.6%PE33.5x
SBC SBC Medical Group HoldingsUS$4.5533.8%
+US$119.2m		-65.4%PE9.6x
WGS GeneDx HoldingsUS$71.604.8%
+US$93.9m		247.6%PS6.2x
AHG Akso Health GroupUS$1.8115.3%
+US$86.5m		54.0%PS77.1x
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Latest News

UNH

US$295.57

UnitedHealth Group

7D

1.3%

1Y

-41.8%

UnitedHealth's Sell-Off Is Exaggerated

May 25

HIMS

US$54.83

Hims & Hers Health

7D

-15.2%

1Y

224.8%

SBC

US$4.55

SBC Medical Group Holdings

7D

33.8%

1Y

-65.4%

SBC Medical Group Holdings' (NASDAQ:SBC) Weak Earnings May Only Reveal A Part Of The Whole Picture

May 23
SBC Medical Group Holdings' (NASDAQ:SBC) Weak Earnings May Only Reveal A Part Of The Whole Picture

MOH

US$305.23

Molina Healthcare

7D

-6.2%

1Y

-8.1%

Does Molina Healthcare (NYSE:MOH) Deserve A Spot On Your Watchlist?

May 21
Does Molina Healthcare (NYSE:MOH) Deserve A Spot On Your Watchlist?

COR

US$292.35

Cencora

7D

0.7%

1Y

33.6%

HQY

US$99.01

HealthEquity

7D

0.8%

1Y

24.9%

HealthEquity, Inc.'s (NASDAQ:HQY) Share Price Matching Investor Opinion

May 19
HealthEquity, Inc.'s (NASDAQ:HQY) Share Price Matching Investor Opinion

HUM

US$224.93

Humana

7D

-5.5%

1Y

-35.6%

HCA

US$376.59

HCA Healthcare

7D

-2.8%

1Y

18.2%

CNC

US$56.41

Centene

7D

-8.7%

1Y

-24.4%

Centene (NYSE:CNC) Is Doing The Right Things To Multiply Its Share Price

May 15
Centene (NYSE:CNC) Is Doing The Right Things To Multiply Its Share Price

NAKA

US$22.64

Kindly MD

7D

74.8%

1Y

n/a

ELV

US$372.27

Elevance Health

7D

-7.7%

1Y

-28.6%

CVS

US$60.83

CVS Health

7D

-2.7%

1Y

9.5%

PRE

US$10.31

Prenetics Global

7D

63.7%

1Y

79.0%

Prenetics Global Limited's (NASDAQ:PRE) P/S Is Still On The Mark Following 50% Share Price Bounce

May 11
Prenetics Global Limited's (NASDAQ:PRE) P/S Is Still On The Mark Following 50% Share Price Bounce

CI

US$315.99

Cigna Group

7D

-1.5%

1Y

-5.0%

We Think Cigna Group's (NYSE:CI) Robust Earnings Are Conservative

May 09
We Think Cigna Group's (NYSE:CI) Robust Earnings Are Conservative

WGS

US$71.60

GeneDx Holdings

7D

4.8%

1Y

247.6%

AHG

US$1.81

Akso Health Group

7D

15.3%

1Y

54.0%