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| Company | Headquarters | Sector | Stock Price | Enterprise Value | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|---|
| Johnson & Johnson | United States of America | Biopharmaceuticals, Medical Devices, Drug Development & Therapeutics | $212 | $537B | 5.7x | 15.1x |
| UnitedHealth Group | United States of America | Managed Care, Health Benefits & Financial Solutions | $342 | $359B | 0.8x | 13.3x |
| Thermo Fisher Scientific | United States of America | Laboratory Services, Medical Devices, Medical Supplies | $572 | $247B | 5.6x | 22.2x |
| Abbott Laboratories | United States of America | Medical Devices | $125 | $223B | 5.0x | 18.8x |
| Intuitive Surgical | United States of America | Medical Devices | $542 | $187B | 19.0x | 44.5x |
| Danaher | United States of America | Medical Devices, Laboratory Services, Medical Supplies | $226 | $175B | 7.2x | 22.9x |
| Medtronic | United States of America | Medical Devices | $100 | $149B | 4.2x | 14.9x |
| Stryker | United States of America | Medical Devices, Autonomous AI & Robotics | $354 | $149B | 6.0x | 20.9x |
| Boston Scientific | United States of America | Medical Devices | $93 | $148B | 7.4x | 23.8x |
| IDEXX Laboratories | United States of America | Medical Devices, Laboratory Services, Healthcare Software | $704 | $57.1B | 13.4x | 38.5x |
| Roper Technologies | United States of America | Diversified Industrials, Network Management, Electronic Components, Healthcare Software, ERP Software, Transportation & Logistics Software | $446 | $57.1B | 7.2x | 18.3x |
| IQVIA | United States of America | Contract Research & Manufacturing, Health Data & Analytics, Healthcare Software | $222 | $51.1B | 3.2x | 13.5x |
| Edwards Lifesciences | United States of America | Medical Devices | $83 | $45.1B | 7.5x | 24.6x |
| GE HealthCare | United States of America | Medical Devices, Medical Imaging & Diagnostics | $84 | $45.0B | 2.2x | 12.4x |
| Agilent | United States of America | Laboratory Services, Medical Devices, Medical Imaging & Diagnostics | $140 | $41.1B | 6.0x | 20.4x |
| ResMed | United States of America | Medical Devices | $252 | $36.3B | 6.8x | 17.8x |
| Natera | United States of America | Genomics & Personalized Medicine, Medical Imaging & Diagnostics | $232 | $31.5B | 14.4x | -98.2x |
| Mettler Toledo | United States of America | Laboratory Services, Medical Devices | $1394 | $30.6B | 7.7x | 24.5x |
| Veeva | United States of America | Healthcare Software | $223 | $30.2B | 9.7x | 21.5x |
| Labcorp | United States of America | Laboratory Services, Medical Imaging & Diagnostics | $264 | $27.8B | 2.0x | 11.6x |
| Tenet Healthcare | United States of America | Hospitals & Clinics, Revenue Cycle Management | $199 | $27.7B | 1.3x | 6.2x |
| Steris | United States of America | Medical Devices, Medical Supplies | $252 | $26.5B | 4.6x | 15.7x |
| Quest Diagnostics | United States of America | Laboratory Services, Medical Imaging & Diagnostics | $183 | $26.3B | 2.4x | 12.0x |
| DexCom | United States of America | Medical Devices | $67 | $25.4B | 5.5x | 18.9x |
| Zimmer Biomet | United States of America | Medical Devices | $92 | $25.0B | 3.1x | 9.1x |
| Waters | United States of America | Laboratory Services, Medical Devices | $385 | $24.0B | 7.6x | 21.2x |
| Insulet | United States of America | Medical Devices, Drug Delivery Systems | $296 | $21.1B | 7.9x | 33.0x |
| Exact Sciences | United States of America | Medical Imaging & Diagnostics, Genomics & Personalized Medicine | $101 | $20.8B | 6.5x | 45.5x |
| Cooper Companies | United States of America | Medical Devices | $82 | $18.5B | 4.5x | 14.4x |
| Solventum | United States of America | Medical Devices, Health Data & Analytics | $83 | $17.9B | 2.2x | 8.1x |
| Baxter International | United States of America | Medical Devices | $19 | $17.8B | 1.6x | 8.0x |
| ICON plc | United States of America | Contract Research & Manufacturing, Healthcare Software, Health Data & Analytics | $187 | $17.3B | 2.1x | 10.9x |
| Hologic | United States of America | Medical Devices | $75 | $17.1B | 4.1x | 12.6x |
| Medpace | United States of America | Contract Research & Manufacturing, Medical Devices | $558 | $15.5B | 6.2x | 28.3x |
| Guardant Health | United States of America | Medical Imaging & Diagnostics, Genomics & Personalized Medicine | $102 | $14.0B | 14.6x | -65.4x |
| Revvity | United States of America | Laboratory Services, Medical Imaging & Diagnostics, Health Data & Analytics | $100 | $13.8B | 4.9x | 16.3x |
| Tempus AI | United States of America | Health Data & Analytics, Vertical AI Applications | $71 | $13.1B | 10.6x | -3128.5x |
| Penumbra | United States of America | Medical Devices | $312 | $12.0B | 8.7x | 47.3x |
| Globus Medical | United States of America | Medical Devices | $87 | $11.3B | 3.9x | 12.9x |
| Align Technology | United States of America | Medical Devices | $165 | $11.0B | 2.7x | 10.5x |
| Qiagen | United States of America | Laboratory Services, Medical Imaging & Diagnostics | $45 | $10.2B | 4.9x | 13.5x |
| HealthEquity | United States of America | Health Benefits & Financial Solutions | $97 | $9.0B | 6.9x | 16.3x |
| Hims & Hers Health | United States of America | Telemedicine & Virtual Care | $37 | $9.0B | 3.9x | 29.2x |
| Bruker | United States of America | Medical Devices | $45 | $8.6B | 2.5x | 15.7x |
| Bio-Rad Laboratories | United States of America | Medical Devices | $309 | $8.3B | 3.2x | 17.8x |
| Teleflex | United States of America | Medical Devices | $127 | $8.0B | 2.4x | 8.9x |
| Ingredion | United States of America | Food & Beverages, Plant-Based Food | $112 | $8.0B | 1.1x | 6.4x |
| Masimo | United States of America | Medical Devices | $138 | $7.7B | 5.0x | 17.0x |
| Doximity | United States of America | Healthcare Software, Online Content & News, Social Networks, Communication & Collaboration Software | $44 | $7.4B | 11.9x | 21.5x |
| Waystar | United States of America | Revenue Cycle Management, Healthcare Software | $33 | $7.1B | 6.5x | 15.7x |
| RadNet | United States of America | Medical Imaging & Diagnostics, Laboratory Services | $74 | $6.8B | 3.4x | 22.9x |
| Mirion Technologies | United States of America | Machinery, Medical Devices | $25 | $6.5B | 7.0x | 28.7x |
| Glaukos | United States of America | Medical Devices | $109 | $6.1B | 12.5x | -228.0x |
| Stevanato Group | United States of America | Medical Supplies, Drug Delivery Systems | $21 | $6.1B | 4.4x | 17.9x |
| Lemonade | United States of America | Insurance Carriers, Vertical AI Applications, Neoinsurance | $78 | $5.6B | 7.9x | -42.6x |
| iRhythm Technologies | United States of America | Medical Devices | $169 | $5.6B | 7.7x | 94.8x |
| Merit Medical Systems | United States of America | Medical Devices | $87 | $5.6B | 3.7x | 15.3x |
| WEX | United States of America | B2B Payments, Health Benefits & Financial Solutions, Transportation & Logistics Software | $154 | $5.4B | 2.0x | 4.8x |
| Claritev | United States of America | Health Data & Analytics, Revenue Cycle Management | $37 | $5.2B | 5.5x | 8.7x |
| Haemonetics | United States of America | Medical Devices, Medical Supplies | $83 | $4.8B | 3.6x | 11.6x |
| ICU Medical | United States of America | Medical Devices | $148 | $4.7B | 2.1x | 11.8x |
| QuidelOrtho | United States of America | Medical Devices | $29 | $4.7B | 1.7x | 7.9x |
| Novanta | United States of America | Medical Devices, Robotics | $119 | $4.7B | 4.8x | 20.9x |
| Lantheus Holdings | United States of America | Medical Imaging & Diagnostics, Drug Development & Therapeutics | $67 | $4.7B | 3.1x | 8.5x |
| TransMedics | United States of America | Medical Devices | $127 | $4.4B | 7.4x | 30.5x |
| GeneDx | United States of America | Genomics & Personalized Medicine, Health Data & Analytics | $152 | $4.3B | 10.3x | 112.2x |
| Envista Holdings | United States of America | Medical Devices | $22 | $4.1B | 1.5x | 11.4x |
| Molina Healthcare | United States of America | Managed Care, Health Benefits & Financial Solutions | $169 | $4.1B | 0.1x | 3.2x |
| Nomad Foods | United States of America | Food & Beverages, Plant-Based Food | $12 | $4.0B | 1.1x | 6.6x |
| Integer Holdings | United States of America | Medical Devices | $73 | $3.8B | 2.1x | 9.6x |
| Alignment Healthcare | United States of America | Managed Care, Digital Therapeutics | $19 | $3.6B | 0.9x | 39.2x |
| Inspire Medical Systems | United States of America | Medical Devices | $131 | $3.5B | 3.9x | 20.1x |
| CorVel | United States of America | Financial Services Software, Vertical AI Applications, Insurance Brokers | $70 | $3.4B | N/A | N/A |
| Alphatec Holdings | United States of America | Medical Devices | $20 | $3.4B | 4.5x | 38.6x |
| Oscar Health | United States of America | Neoinsurance, Telemedicine & Virtual Care, Insurance Carriers | $17 | $3.3B | 0.3x | -19.5x |
| LivaNova | United States of America | Medical Devices | $63 | $3.3B | 2.4x | 10.5x |
| AdaptHealth | United States of America | Medical Devices | $10 | $3.2B | 1.0x | 5.0x |
| Veracyte | United States of America | Medical Imaging & Diagnostics, Genomics & Personalized Medicine | $43 | $3.1B | 6.1x | 23.6x |
| GRAIL | United States of America | Medical Imaging & Diagnostics, Genomics & Personalized Medicine | $91 | $3.1B | 21.1x | -7.0x |
| Enovis | United States of America | Medical Devices | $26 | $2.9B | 1.3x | 7.3x |
| Integra Lifesciences | United States of America | Medical Devices | $13 | $2.8B | 1.7x | 8.9x |
| Privia Health | United States of America | Healthcare Software, Health Data & Analytics | $25 | $2.6B | 1.3x | 22.2x |
| EverCommerce | United States of America | Industrial Software, Healthcare Software, Real Estate Software, Travel & Hospitality Software | $12 | $2.6B | 4.4x | 14.6x |
| Artivion | United States of America | Medical Devices | $45 | $2.3B | 5.3x | 26.2x |
| Establishment Labs | United States of America | Medical Devices | $73 | $2.3B | 11.0x | -141.1x |
| Conmed | United States of America | Medical Devices | $41 | $2.1B | 1.5x | 7.5x |
| AtriCure | United States of America | Medical Devices | $42 | $2.0B | 3.8x | 37.3x |
| Progyny | United States of America | Health Benefits & Financial Solutions | $27 | $2.0B | 1.6x | 9.1x |
| Omnicell | United States of America | Healthcare Software, Pharmacies | $44 | $2.0B | 1.7x | 13.8x |
| UFP Technologies | United States of America | Medical Devices | $219 | $1.8B | 3.1x | 15.1x |
| PROCEPT BioRobotics | United States of America | Medical Devices | $36 | $1.8B | 5.6x | -49.9x |
| NeoGenomics | United States of America | Laboratory Services, Medical Imaging & Diagnostics | $12 | $1.8B | 2.5x | 41.7x |
| LeMaitre Vascular | United States of America | Medical Devices | $84 | $1.7B | 7.1x | 23.9x |
| Beyond Meat | United States of America | Food & Beverages, Plant-Based Food | $1 | $1.7B | 6.1x | -15.6x |
| Teladoc | United States of America | Telemedicine & Virtual Care | $8 | $1.7B | 0.7x | 5.9x |
| Tandem Diabetes Care | United States of America | Medical Devices | $21 | $1.6B | 1.6x | -31.6x |
| Nutex Health | United States of America | Hospitals & Clinics, Health Data & Analytics | $185 | $1.5B | 1.6x | 4.6x |
| Certara | United States of America | Health Data & Analytics, Drug Development & Therapeutics | $9 | $1.5B | 3.6x | 11.2x |
| Axogen | United States of America | Medical Devices, Regenerative Medicine | $30 | $1.4B | 6.5x | 51.1x |
| Evolent Health | United States of America | Health Benefits & Financial Solutions, Health Data & Analytics | $4 | $1.4B | 0.7x | 9.5x |
Valuation multiples as of last 12 months (LTM). Stock prices as of December 14, 2025. Financial data powered by Morningstar and FactSet.
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