Header cover image

U.S. Medical Supplies Industry Analysis

UpdatedApr 13, 2024
DataAggregated Company Financials
Companies39
  • 7D-4.3%
  • 3M1.9%
  • 1Y-11.0%
  • YTDn/a

Over the last 7 days, the Medical Supplies industry has dropped 4.3%, driven by Solventum declining 10%. On the other hand OrthoPediatrics is actually up 13%. However, the industry is down 11% over the past year. Earnings are forecast to grow by 27% annually.

Industry Valuation and Performance

Has the U.S. Medical Supplies Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 14 Apr 2024US$95.2bUS$34.2bUS$2.1b39x46.4x2.8x
Tue, 12 Mar 2024US$84.6bUS$26.0bUS$653.7m42.6x129.4x3.3x
Thu, 08 Feb 2024US$80.8bUS$25.9bUS$343.4m44.8x235.3x3.1x
Sat, 06 Jan 2024US$81.9bUS$26.2bUS$242.3m42.4x337.9x3.1x
Mon, 04 Dec 2023US$76.3bUS$26.1bUS$223.4m41.9x341.7x2.9x
Wed, 01 Nov 2023US$70.3bUS$26.0b-US$646,520,229.0035.2x-108.8x2.7x
Fri, 29 Sep 2023US$84.3bUS$25.8b-US$702,385,668.0034.5x-120.1x3.3x
Sun, 27 Aug 2023US$93.6bUS$25.7b-US$688,816,082.0034x-135.9x3.6x
Tue, 25 Jul 2023US$96.8bUS$25.1b-US$585,995,978.0035.2x-165.1x3.9x
Thu, 22 Jun 2023US$96.2bUS$25.6b-US$571,799,539.0036.1x-168.3x3.8x
Sat, 20 May 2023US$93.5bUS$25.5b-US$485,455,576.0036x-192.6x3.7x
Mon, 17 Apr 2023US$96.7bUS$25.4b-US$343,425,229.0047x-281.5x3.8x
Wed, 15 Mar 2023US$89.4bUS$25.5b-US$457,494,344.0042.7x-195.5x3.5x
Fri, 10 Feb 2023US$92.4bUS$25.0b-US$177,406,402.0039.7x-520.9x3.7x
Sun, 08 Jan 2023US$80.8bUS$25.1b-US$28,355,690.0034.2x-2849.6x3.2x
Tue, 06 Dec 2022US$77.1bUS$24.9bUS$69.0m36x1117.6x3.1x
Thu, 03 Nov 2022US$73.2bUS$24.6bUS$1.2b33.8x58.9x3x
Sat, 01 Oct 2022US$76.4bUS$24.8bUS$1.2b31.8x61.9x3.1x
Mon, 29 Aug 2022US$86.2bUS$24.7bUS$1.8b34x48.8x3.5x
Wed, 27 Jul 2022US$84.4bUS$24.1bUS$1.9b30.7x43.8x3.5x
Fri, 24 Jun 2022US$82.6bUS$24.1bUS$1.9b31x42.8x3.4x
Sun, 22 May 2022US$91.3bUS$26.3bUS$2.9b31.9x31.2x3.5x
Tue, 19 Apr 2022US$108.4bUS$22.5bUS$3.0b29.3x36.3x4.8x
Thu, 17 Mar 2022US$107.7bUS$21.1bUS$2.5b33.1x43.7x5.1x
Sat, 12 Feb 2022US$113.2bUS$20.8bUS$4.7b36.4x24.2x5.4x
Mon, 10 Jan 2022US$120.6bUS$20.6bUS$4.7b37.3x25.9x5.9x
Wed, 08 Dec 2021US$129.3bUS$20.6bUS$4.7b39.5x27.8x6.3x
Fri, 05 Nov 2021US$142.7bUS$20.0bUS$4.8b45.6x30x7.1x
Sun, 03 Oct 2021US$177.3bUS$22.8bUS$5.2b52.5x34.4x7.8x
Tue, 31 Aug 2021US$181.2bUS$22.3bUS$5.2b45.3x34.7x8.1x
Wed, 07 Jul 2021US$165.1bUS$22.0bUS$4.6b42.7x35.6x7.5x
Price to Earnings Ratio

38.7x


Total Market Cap: US$154.2bTotal Earnings: US$4.0bTotal Revenue: US$20.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Medical Supplies Industry Price to Earnings3Y Average 33.2x202220232024
Current Industry PE
  • Investors are optimistic on the American Health Care Supplies industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 46.4x which is higher than its 3-year average PE of 33.1x.
  • The 3-year average PS ratio of 4.5x is higher than the industry's current PS ratio of 2.8x.
Past Earnings Growth
  • The earnings for companies in the Health Care Supplies industry have declined 20% per year over the last three years.
  • Meanwhile revenues for these companies have grown 19% 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, which has decreased profits.

Industry Comparison

How does U.S. Medical Supplies compare with similar industries?

US Market-1.73%
Healthcare-3.36%
Medical Equipment-2.45%
Medical Supplies-4.28%
Medical Equipment-2.30%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
KIDS OrthoPediatricsUS$31.0913.2%
+US$92.6m
-35.8%PS5x
STAA STAAR SurgicalUS$49.792.3%
+US$54.2m
-25.1%PE113.9x
HAE HaemoneticsUS$85.220.7%
+US$28.9m
0.5%PE34.2x
MMSI Merit Medical SystemsUS$72.630.4%
+US$16.2m
-6.2%PE44.6x
VIVO Meridian BioscienceUS$33.970.06%
+US$7.0m
54.3%PE35.2x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

EMBC

US$10.25

Embecta

7D

-19.7%

1Y

-63.6%

XRAY

US$31.30

DENTSPLY SIRONA

7D

-3.1%

1Y

-23.9%

ALGN

US$314.97

Align Technology

7D

-0.8%

1Y

-8.0%

VIVO

US$33.97

Meridian Bioscience

7D

0.06%

1Y

54.3%

STAA

US$49.79

STAAR Surgical

7D

2.3%

1Y

-25.1%

BLCO

US$14.24

Bausch + Lomb

7D

-13.4%

1Y

-11.2%

SOLV

US$62.75

Solventum

7D

-10.4%

1Y

n/a

MMSI

US$72.63

Merit Medical Systems

7D

0.4%

1Y

-6.2%

NSPR

US$2.32

InspireMD

7D

1.3%

1Y

127.4%

STSS

US$0.36

Sharps Technology

7D

12.2%

1Y

-71.5%