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U.S. Healthcare Sector Analysis

UpdatedJun 17, 2024
DataAggregated Company Financials
Companies1375
  • 7D-0.7%
  • 3M-1.4%
  • 1Y6.8%
  • YTD3.8%

The Healthcare industry has been flat over the last week, but Danaher has lost 3.7%. As for the the longer term, the industry is up 6.8% over the past 12 months. Looking forward, earnings are forecast to grow by 21% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 17 Jun 2024US$6.2tUS$2.8tUS$62.5b30x98.9x2.2x
Wed, 15 May 2024US$6.1tUS$2.8tUS$63.7b30.8x96x2.2x
Fri, 12 Apr 2024US$6.1tUS$2.8tUS$85.4b32.1x71.4x2.2x
Sun, 10 Mar 2024US$6.3tUS$2.8tUS$85.3b32.5x73.8x2.3x
Tue, 06 Feb 2024US$6.2tUS$2.8tUS$83.9b31.4x74.5x2.2x
Thu, 04 Jan 2024US$6.3tUS$2.8tUS$90.2b31.6x69.7x2.2x
Sat, 02 Dec 2023US$5.9tUS$2.8tUS$91.4b28.8x64.5x2.1x
Mon, 30 Oct 2023US$5.5tUS$2.8tUS$99.5b24.1x55.6x2x
Wed, 27 Sep 2023US$5.9tUS$2.8tUS$98.5b27.4x59.8x2.1x
Fri, 25 Aug 2023US$6.1tUS$2.8tUS$99.0b27.8x61.3x2.2x
Sun, 23 Jul 2023US$6.2tUS$2.7tUS$110.9b26.9x55.5x2.2x
Tue, 20 Jun 2023US$6.0tUS$2.7tUS$109.9b26.4x54.8x2.2x
Thu, 18 May 2023US$6.0tUS$2.7tUS$111.0b23.9x53.6x2.2x
Sat, 15 Apr 2023US$6.0tUS$2.5tUS$123.8b24.2x48.3x2.4x
Mon, 13 Mar 2023US$5.5tUS$2.5tUS$122.9b23.9x44.9x2.2x
Wed, 08 Feb 2023US$6.0tUS$2.5tUS$132.4b23.8x45.2x2.4x
Fri, 06 Jan 2023US$6.0tUS$2.5tUS$135.4b22.6x44.1x2.4x
Sun, 04 Dec 2022US$6.2tUS$2.4tUS$133.7b24.1x46.2x2.5x
Tue, 01 Nov 2022US$5.9tUS$2.4tUS$149.0b23.1x39.6x2.4x
Thu, 29 Sep 2022US$5.6tUS$2.4tUS$155.9b21.1x35.9x2.3x
Sat, 27 Aug 2022US$5.8tUS$2.4tUS$157.1b22.9x36.9x2.4x
Mon, 25 Jul 2022US$5.9tUS$2.6tUS$164.6b24.9x35.9x2.3x
Wed, 22 Jun 2022US$5.5tUS$2.6tUS$165.4b23x33.4x2.1x
Fri, 20 May 2022US$5.7tUS$2.6tUS$165.0b25.6x34.7x2.2x
Sun, 17 Apr 2022US$6.5tUS$2.5tUS$175.4b29x37x2.6x
Tue, 15 Mar 2022US$6.1tUS$2.5tUS$170.7b27.1x35.6x2.5x
Thu, 10 Feb 2022US$6.4tUS$2.5tUS$165.5b30.4x38.8x2.6x
Sat, 08 Jan 2022US$6.5tUS$2.4tUS$145.2b31.5x44.9x2.7x
Mon, 06 Dec 2021US$6.5tUS$2.4tUS$146.5b30x44.2x2.7x
Wed, 03 Nov 2021US$6.9tUS$2.3tUS$132.0b34.8x52.4x2.9x
Fri, 01 Oct 2021US$6.6tUS$2.3tUS$119.9b35x55.2x2.9x
Sun, 29 Aug 2021US$6.9tUS$2.3tUS$121.1b33x57x3x
Mon, 05 Jul 2021US$6.6tUS$2.3tUS$113.6b32.4x57.7x2.9x
Price to Earnings Ratio

57.7x


Total Market Cap: US$6.6tTotal Earnings: US$113.6bTotal Revenue: US$2.3tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Healthcare Sector Price to Earnings3Y Average 53x202220232024
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 98.9x which is higher than its 3-year average PE of 53.0x.
  • The industry is trading close to its 3-year average PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 18% per year over the last three years.
  • Meanwhile revenues for these companies have grown 7.3% 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, which has decreased profits.

Industry Trends

Which industries have driven the changes within the U.S. Healthcare sector?

US Market0.97%
Healthcare-0.69%
Healthcare Services-0.10%
Biotech-0.11%
Pharma-0.38%
Medical Equipment-1.12%
Healthtech-1.92%
Life Sciences-2.53%
Industry PE
  • Investors are most optimistic about the Pharma industry which is trading above its 3-year average PE ratio of 43.7x.
    • Analysts are expecting annual earnings growth of 27.6%, which is higher than its past year's earnings growth of 19.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Pharma industry, expecting annual earnings growth of 28% over the next 5 years.
  • This is better than its past earnings growth rate of 20% per year.
  • In contrast, the Medical Equipment industry is expected to see its earnings grow by 17% 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
LLY Eli LillyUS$878.451.6%
+US$12.1b		96.2%PE128.9x
REGN Regeneron PharmaceuticalsUS$1.05k4.4%
+US$4.7b		33.5%PE29.2x
ISRG Intuitive SurgicalUS$430.172.8%
+US$4.2b		30.6%PE76.8x
SGEN SeagenUS$228.744.5%
+US$1.8b		76.5%PS18.8x
RNA Avidity BiosciencesUS$39.6446.2%
+US$1.6b		227.1%PS387.2x
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Latest News

UNH

US$497.12

UnitedHealth Group

7D

0.4%

1Y

8.4%

JNJ

US$145.54

Johnson & Johnson

7D

-1.1%

1Y

-11.4%

RNA

US$39.64

Avidity Biosciences

7D

46.2%

1Y

227.1%

TMO

US$572.05

Thermo Fisher Scientific

7D

-1.6%

1Y

6.5%

ABT

US$103.68

Abbott Laboratories

7D

-3.5%

1Y

-2.4%

REGN

US$1,036.52

Regeneron Pharmaceuticals

7D

3.5%

1Y

32.4%

MRNA

US$140.03

Moderna

7D

-5.8%

1Y

8.8%

LLY

US$878.45

Eli Lilly

7D

1.6%

1Y

96.2%

Eli Lilly Continues To Climb As Alzheimer's Drug Gains FDA Approval

Jun 11

ZTS

US$170.55

Zoetis

7D

-4.6%

1Y

-0.1%

Zoetis: Don't Fret Excessively Over The Animal Healthcare Leader

Jun 11

MRK

US$129.48

Merck

7D

-1.5%

1Y

18.4%

Dividends And Innovation: Why Merck Is A Healthcare Stock Worth Buying

Jun 10

ISRG

US$425.78

Intuitive Surgical

7D

1.8%

1Y

29.3%

What Is Intuitive Surgical, Inc.'s (NASDAQ:ISRG) Share Price Doing?

Jun 10
What Is Intuitive Surgical, Inc.'s (NASDAQ:ISRG) Share Price Doing?

ABBV

US$168.59

AbbVie

7D

-1.1%

1Y

21.6%

HUM

US$358.93

Humana

7D

2.7%

1Y

-19.5%

Humana (NYSE:HUM) Will Pay A Dividend Of $0.885

Jun 06
Humana (NYSE:HUM) Will Pay A Dividend Of $0.885

DHR

US$254.85

Danaher

7D

-3.7%

1Y

5.4%

GRPH

US$22.26

Graphite Bio

7D

539.7%

1Y

861.6%

SGEN

US$228.74

Seagen

7D

4.5%

1Y

76.5%