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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 | $243 | $615B | 6.6x | 17.2x |
| UnitedHealth Group | United States of America | Managed Care, Health Benefits & Financial Solutions | $293 | $315B | 0.7x | 11.9x |
| Thermo Fisher Scientific | United States of America | Laboratory Services, Medical Devices, Medical Supplies | $505 | $219B | 4.9x | 19.6x |
| Abbott Laboratories | United States of America | Medical Devices | $113 | $201B | 4.5x | 16.9x |
| Intuitive Surgical | United States of America | Medical Devices | $501 | $172B | 17.3x | 40.5x |
| Danaher | United States of America | Medical Devices, Laboratory Services, Medical Supplies | $213 | $164B | 6.7x | 21.5x |
| Stryker | United States of America | Medical Devices, Autonomous AI & Robotics | $366 | $152B | 6.1x | 21.2x |
| Medtronic | United States of America | Medical Devices | $99 | $148B | 4.2x | 14.7x |
| Boston Scientific | United States of America | Medical Devices | $75 | $122B | 6.1x | 19.3x |
| IDEXX Laboratories | United States of America | Medical Devices, Laboratory Services, Healthcare Software | $629 | $50.9B | 11.9x | 34.1x |
| Roper Technologies | United States of America | Diversified Industrials, Network Management, Electronic Components, Healthcare Software, ERP Software, Transportation & Logistics Software | $321 | $43.3B | 5.5x | 13.8x |
| GE HealthCare | United States of America | Medical Devices, Medical Imaging & Diagnostics | $80 | $42.6B | 2.1x | 11.7x |
| IQVIA | United States of America | Contract Research & Manufacturing, Health Data & Analytics, Healthcare Software | $167 | $42.1B | 2.6x | 11.1x |
| Edwards Lifesciences | United States of America | Medical Devices | $76 | $40.9B | 6.8x | 22.3x |
| Agilent | United States of America | Laboratory Services, Medical Devices, Medical Imaging & Diagnostics | $126 | $37.1B | 5.4x | 18.3x |
| ResMed | United States of America | Medical Devices | $253 | $36.2B | 6.7x | 17.7x |
| Waters | United States of America | Laboratory Services, Medical Devices | $323 | $32.5B | 10.3x | 28.7x |
| Tenet Healthcare | United States of America | Hospitals & Clinics, Revenue Cycle Management | $231 | $30.5B | 1.4x | 6.7x |
| Mettler Toledo | United States of America | Laboratory Services, Medical Devices | $1361 | $29.7B | 7.4x | 23.8x |
| Labcorp | United States of America | Laboratory Services, Medical Imaging & Diagnostics | $283 | $29.4B | 2.1x | 12.2x |
| Quest Diagnostics | United States of America | Laboratory Services, Medical Imaging & Diagnostics | $207 | $28.8B | 2.6x | 13.1x |
| Natera | United States of America | Genomics & Personalized Medicine, Medical Imaging & Diagnostics | $206 | $27.9B | 12.6x | -84.3x |
| DexCom | United States of America | Medical Devices | $70 | $26.3B | 5.7x | 19.5x |
| Zimmer Biomet | United States of America | Medical Devices | $96 | $26.0B | 3.2x | 9.5x |
| Steris | United States of America | Medical Devices, Medical Supplies | $248 | $26.0B | 4.5x | 15.3x |
| Veeva | United States of America | Healthcare Software | $174 | $22.1B | 7.0x | 15.6x |
| Exact Sciences | United States of America | Medical Imaging & Diagnostics, Genomics & Personalized Medicine | $103 | $21.2B | 6.6x | 44.5x |
| Cooper Companies | United States of America | Medical Devices | $83 | $18.7B | 4.5x | 14.5x |
| Baxter International | United States of America | Medical Devices | $20 | $18.0B | 1.6x | 8.1x |
| Insulet | United States of America | Medical Devices, Drug Delivery Systems | $243 | $17.3B | 6.4x | 26.8x |
| Hologic | United States of America | Medical Devices | $75 | $16.9B | 4.1x | 12.5x |
| Solventum | United States of America | Medical Devices, Health Data & Analytics | $76 | $16.6B | 2.0x | 7.5x |
| Guardant Health | United States of America | Medical Imaging & Diagnostics, Genomics & Personalized Medicine | $105 | $14.4B | 14.8x | -67.8x |
| Revvity | United States of America | Laboratory Services, Medical Imaging & Diagnostics, Health Data & Analytics | $96 | $13.3B | 4.7x | 15.7x |
| Penumbra | United States of America | Medical Devices | $339 | $13.1B | 9.5x | 50.9x |
| Align Technology | United States of America | Medical Devices | $187 | $12.4B | 3.1x | 11.8x |
| Medpace | United States of America | Contract Research & Manufacturing, Medical Devices | $428 | $11.8B | 4.7x | 21.3x |
| Globus Medical | United States of America | Medical Devices | $88 | $11.5B | 4.0x | 13.0x |
| Qiagen | United States of America | Laboratory Services, Medical Imaging & Diagnostics | $50 | $10.9B | 5.3x | 14.4x |
| ICON plc | United States of America | Contract Research & Manufacturing, Healthcare Software, Health Data & Analytics | $89 | $9.8B | 1.2x | 6.2x |
| Tempus AI | United States of America | Health Data & Analytics, Vertical AI Applications | $52 | $9.8B | 7.8x | 11584.0x |
| Masimo | United States of America | Medical Devices | $175 | $9.7B | 6.4x | 21.3x |
| Ingredion | United States of America | Food & Beverages, Plant-Based Food | $118 | $8.2B | 1.1x | 6.5x |
| Bruker | United States of America | Medical Devices | $37 | $7.1B | 2.1x | 13.1x |
| HealthEquity | United States of America | Health Benefits & Financial Solutions | $74 | $7.1B | 5.4x | 12.7x |
| Teleflex | United States of America | Medical Devices | $104 | $7.0B | 2.1x | 7.8x |
| Bio-Rad Laboratories | United States of America | Medical Devices | $257 | $6.6B | 2.5x | 14.2x |
| RadNet | United States of America | Medical Imaging & Diagnostics, Laboratory Services | $71 | $6.5B | 3.3x | 22.1x |
| Mirion Technologies | United States of America | Machinery, Medical Devices | $23 | $6.5B | 7.0x | 28.5x |
| Glaukos | United States of America | Medical Devices | $109 | $6.1B | 12.4x | -311.1x |
| Novanta | United States of America | Medical Devices, Robotics | $146 | $5.7B | 5.8x | 25.2x |
| Merit Medical Systems | United States of America | Medical Devices | $82 | $5.3B | 3.5x | 14.4x |
| Envista Holdings | United States of America | Medical Devices | $29 | $5.1B | 1.9x | 14.2x |
| Waystar | United States of America | Revenue Cycle Management, Healthcare Software | $22 | $5.1B | 4.7x | 11.3x |
| WEX | United States of America | B2B Payments, Health Benefits & Financial Solutions, Transportation & Logistics Software | $158 | $5.0B | 1.9x | 4.6x |
| Claritev | United States of America | Health Data & Analytics, Revenue Cycle Management | $23 | $5.0B | 5.2x | 8.3x |
| Lantheus Holdings | United States of America | Medical Imaging & Diagnostics, Drug Development & Therapeutics | $71 | $5.0B | 3.3x | 9.1x |
| iRhythm Holdings | United States of America | Medical Devices | $144 | $4.8B | 6.5x | 77.1x |
| Stevanato Group | United States of America | Medical Supplies, Drug Delivery Systems | $16 | $4.8B | 3.5x | 13.9x |
| ICU Medical | United States of America | Medical Devices | $145 | $4.6B | 2.1x | 11.6x |
| Lemonade | United States of America | Insurance Carriers, Vertical AI Applications, Neoinsurance | $64 | $4.6B | 6.3x | -35.0x |
| TransMedics | United States of America | Medical Devices | $130 | $4.5B | 7.5x | 30.9x |
| Integer Holdings | United States of America | Medical Devices | $86 | $4.3B | 2.3x | 10.7x |
| QuidelOrtho | United States of America | Medical Devices | $24 | $4.2B | 1.6x | 7.1x |
| Hims & Hers Health | United States of America | Telemedicine & Virtual Care | $16 | $4.2B | 1.8x | 13.4x |
| Nomad Foods | United States of America | Food & Beverages, Plant-Based Food | $13 | $4.2B | 1.2x | 6.7x |
| Doximity | United States of America | Healthcare Software, Online Content & News, Social Networks, Communication & Collaboration Software | $25 | $3.9B | 6.2x | 11.3x |
| Alignment Healthcare | United States of America | Managed Care, Digital Therapeutics | $20 | $3.7B | 0.9x | 39.1x |
| Haemonetics | United States of America | Medical Devices, Medical Supplies | $58 | $3.5B | 2.7x | 8.5x |
| LivaNova | United States of America | Medical Devices | $67 | $3.5B | 2.5x | 11.2x |
| GRAIL | United States of America | Medical Imaging & Diagnostics, Genomics & Personalized Medicine | $99 | $3.4B | 23.2x | -8.8x |
| AdaptHealth | United States of America | Medical Devices | $10 | $3.2B | 1.0x | 5.0x |
| Molina Healthcare | United States of America | Managed Care, Health Benefits & Financial Solutions | $135 | $2.7B | 0.1x | 2.1x |
| Enovis | United States of America | Medical Devices | $22 | $2.7B | 1.2x | 6.6x |
| Integra Lifesciences | United States of America | Medical Devices | $11 | $2.6B | 1.6x | 8.4x |
| GeneDx | United States of America | Genomics & Personalized Medicine, Health Data & Analytics | $90 | $2.6B | 6.0x | 64.1x |
| Veracyte | United States of America | Medical Imaging & Diagnostics, Genomics & Personalized Medicine | $36 | $2.5B | 5.0x | 19.2x |
| Alphatec Holdings | United States of America | Medical Devices | $13 | $2.4B | 3.2x | 26.8x |
| Establishment Labs | United States of America | Medical Devices | $74 | $2.4B | 11.2x | -149.5x |
| Privia Health | United States of America | Healthcare Software, Health Data & Analytics | $22 | $2.3B | 1.1x | 19.3x |
| CorVel | United States of America | Financial Services Software, Vertical AI Applications, Insurance Brokers | $49 | $2.3B | N/A | N/A |
| EverCommerce | United States of America | Industrial Software, Healthcare Software, Real Estate Software, Travel & Hospitality Software | $10 | $2.3B | 3.8x | 12.8x |
| Conmed | United States of America | Medical Devices | $42 | $2.1B | 1.5x | 7.6x |
| UFP Technologies | United States of America | Medical Devices | $246 | $2.0B | 3.4x | 16.7x |
| Artivion | United States of America | Medical Devices | $37 | $1.9B | 4.4x | 21.7x |
| LeMaitre Vascular | United States of America | Medical Devices | $89 | $1.9B | 7.5x | 25.4x |
| NeoGenomics | United States of America | Laboratory Services, Medical Imaging & Diagnostics | $11 | $1.7B | 2.4x | 40.2x |
| Axogen | United States of America | Medical Devices, Regenerative Medicine | $33 | $1.7B | 7.6x | 60.7x |
| Oscar Health | United States of America | Neoinsurance, Telemedicine & Virtual Care, Insurance Carriers | $13 | $1.7B | 0.1x | -8.7x |
| Omnicell | United States of America | Healthcare Software, Pharmacies | $37 | $1.6B | 1.4x | 11.3x |
| AtriCure | United States of America | Medical Devices | $33 | $1.6B | 2.9x | 27.9x |
| Beyond Meat | United States of America | Food & Beverages, Plant-Based Food | $1 | $1.5B | 5.5x | -14.0x |
| Pulse Biosciences | United States of America | Medical Devices | $24 | $1.5B | 4498.0x | N/A |
| Progyny | United States of America | Health Benefits & Financial Solutions | $20 | $1.4B | 1.1x | 6.6x |
| Inspire Medical Systems | United States of America | Medical Devices | $60 | $1.4B | 1.6x | 8.1x |
| Tandem Diabetes Care | United States of America | Medical Devices | $19 | $1.4B | 1.4x | -26.1x |
| PROCEPT BioRobotics | United States of America | Medical Devices | $28 | $1.4B | 4.2x | -39.0x |
| Evolent Health | United States of America | Health Benefits & Financial Solutions, Health Data & Analytics | $3 | $1.3B | 0.7x | 8.6x |
| iRadimed | United States of America | Medical Devices | $100 | $1.2B | 14.7x | N/A |
| Certara | United States of America | Health Data & Analytics, Drug Development & Therapeutics | $7 | $1.2B | 2.8x | 8.8x |
Valuation multiples as of last 12 months (LTM). Stock prices as of February 22, 2026. Financial data powered by Morningstar and FactSet.
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