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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 | $187 | $477B | 5.1x | 13.6x |
| UnitedHealth Group | United States of America | Managed Care, Health Benefits & Financial Solutions | $355 | $371B | 0.8x | 13.1x |
| Thermo Fisher Scientific | United States of America | Laboratory Services, Medical Devices, Medical Supplies | $558 | $243B | 5.5x | 21.8x |
| Abbott Laboratories | United States of America | Medical Devices | $124 | $223B | 5.0x | 19.1x |
| Intuitive Surgical | United States of America | Medical Devices | $538 | $186B | 19.2x | 45.2x |
| Danaher | United States of America | Medical Devices, Laboratory Services, Medical Supplies | $214 | $166B | 6.8x | 21.8x |
| Boston Scientific | United States of America | Medical Devices | $100 | $160B | 8.2x | 26.5x |
| Stryker | United States of America | Medical Devices, Autonomous AI & Robotics | $370 | $155B | 6.3x | 22.2x |
| Medtronic | United States of America | Medical Devices | $92 | $138B | 4.0x | 13.9x |
| Roper Technologies | United States of America | Diversified Industrials, Network Management, Electronic Components, Healthcare Software, ERP Software, Transportation & Logistics Software | $446 | $57.2B | 7.3x | 18.5x |
| IDEXX Laboratories | United States of America | Medical Devices, Laboratory Services, Healthcare Software | $628 | $51.3B | 12.3x | 35.7x |
| IQVIA | United States of America | Contract Research & Manufacturing, Health Data & Analytics, Healthcare Software | $218 | $50.3B | 3.1x | 13.4x |
| Edwards Lifesciences | United States of America | Medical Devices | $83 | $45.2B | 7.7x | 25.3x |
| Agilent | United States of America | Laboratory Services, Medical Devices, Medical Imaging & Diagnostics | $143 | $42.5B | 6.1x | 21.5x |
| GE HealthCare | United States of America | Medical Devices, Medical Imaging & Diagnostics | $78 | $42.3B | 2.1x | 11.6x |
| Veeva | United States of America | Healthcare Software | $287 | $40.7B | 13.4x | 30.2x |
| ResMed | United States of America | Medical Devices | $254 | $36.7B | 6.9x | 18.4x |
| Mettler Toledo | United States of America | Laboratory Services, Medical Devices | $1394 | $30.8B | 7.8x | 24.9x |
| Tenet Healthcare | United States of America | Hospitals & Clinics, Revenue Cycle Management | $209 | $28.6B | 1.4x | 6.5x |
| Zimmer Biomet | United States of America | Medical Devices | $100 | $26.8B | 3.3x | 9.9x |
| Labcorp | United States of America | Laboratory Services, Medical Imaging & Diagnostics | $248 | $26.5B | 1.9x | 11.2x |
| DexCom | United States of America | Medical Devices | $68 | $26.4B | 5.8x | 19.8x |
| Natera | United States of America | Genomics & Personalized Medicine, Medical Imaging & Diagnostics | $193 | $25.6B | 12.7x | -96.9x |
| Quest Diagnostics | United States of America | Laboratory Services, Medical Imaging & Diagnostics | $175 | $25.4B | 2.4x | 11.8x |
| Steris | United States of America | Medical Devices, Medical Supplies | $237 | $25.1B | 4.4x | 15.1x |
| Insulet | United States of America | Medical Devices, Drug Delivery Systems | $316 | $22.5B | 8.9x | 37.5x |
| Waters | United States of America | Laboratory Services, Medical Devices | $343 | $21.6B | 7.0x | 19.4x |
| Baxter International | United States of America | Medical Devices | $22 | $19.6B | 1.7x | 8.3x |
| Solventum | United States of America | Medical Devices, Health Data & Analytics | $70 | $19.4B | 2.4x | 9.5x |
| Hologic | United States of America | Medical Devices | $74 | $17.1B | 4.2x | 12.7x |
| Medpace | United States of America | Contract Research & Manufacturing, Medical Devices | $584 | $16.3B | 6.7x | 30.1x |
| Cooper Companies | United States of America | Medical Devices | $70 | $16.2B | 4.0x | 12.9x |
| Tempus AI | United States of America | Health Data & Analytics, Vertical AI Applications | $89 | $16.0B | 13.8x | -1150.3x |
| ICON plc | United States of America | Contract Research & Manufacturing, Healthcare Software, Health Data & Analytics | $166 | $15.7B | 1.9x | 9.8x |
| Exact Sciences | United States of America | Medical Imaging & Diagnostics, Genomics & Personalized Medicine | $63 | $13.5B | 4.4x | 30.7x |
| Revvity | United States of America | Laboratory Services, Medical Imaging & Diagnostics, Health Data & Analytics | $95 | $13.5B | 4.8x | 15.9x |
| Doximity | United States of America | Healthcare Software, Online Content & News, Social Networks, Communication & Collaboration Software | $67 | $11.7B | 19.2x | 35.0x |
| Qiagen | United States of America | Laboratory Services, Medical Imaging & Diagnostics | $47 | $10.7B | 5.2x | 14.1x |
| Hims & Hers Health | United States of America | Telemedicine & Virtual Care | $47 | $10.4B | 4.8x | 35.5x |
| Guardant Health | United States of America | Medical Imaging & Diagnostics, Genomics & Personalized Medicine | $72 | $9.7B | 10.9x | -42.6x |
| Penumbra | United States of America | Medical Devices | $233 | $8.9B | 6.6x | 36.8x |
| HealthEquity | United States of America | Health Benefits & Financial Solutions | $95 | $8.9B | 6.9x | 16.6x |
| Align Technology | United States of America | Medical Devices | $132 | $8.8B | 2.2x | 8.5x |
| Bio-Rad Laboratories | United States of America | Medical Devices | $313 | $8.5B | 3.3x | 18.4x |
| Waystar | United States of America | Revenue Cycle Management, Healthcare Software | $40 | $8.5B | 8.2x | 20.1x |
| Ingredion | United States of America | Food & Beverages, Plant-Based Food | $116 | $8.3B | 1.1x | 6.6x |
| Masimo | United States of America | Medical Devices | $143 | $8.3B | 5.1x | 17.7x |
| Globus Medical | United States of America | Medical Devices | $61 | $8.2B | 2.9x | 10.4x |
| Bruker | United States of America | Medical Devices | $38 | $8.1B | 2.4x | 14.6x |
| Mirion Technologies | United States of America | Machinery, Medical Devices | $30 | $7.7B | 8.5x | 35.0x |
| Stevanato Group | United States of America | Medical Supplies, Drug Delivery Systems | $26 | $7.4B | 5.5x | 22.3x |
| Teleflex | United States of America | Medical Devices | $128 | $7.4B | 2.3x | 8.1x |
| RadNet | United States of America | Medical Imaging & Diagnostics, Laboratory Services | $79 | $7.1B | 3.6x | 24.5x |
| iRhythm Technologies | United States of America | Medical Devices | $185 | $6.1B | 8.7x | 128.0x |
| WEX | United States of America | B2B Payments, Health Benefits & Financial Solutions, Transportation & Logistics Software | $154 | $5.8B | 2.2x | 5.2x |
| Claritev | United States of America | Health Data & Analytics, Revenue Cycle Management | $69 | $5.7B | 6.1x | 9.7x |
| Merit Medical Systems | United States of America | Medical Devices | $81 | $5.3B | 3.6x | 15.3x |
| Novanta | United States of America | Medical Devices, Robotics | $129 | $5.0B | 5.2x | 22.8x |
| TransMedics | United States of America | Medical Devices | $134 | $4.7B | 8.2x | 36.9x |
| QuidelOrtho | United States of America | Medical Devices | $28 | $4.5B | 1.7x | 7.8x |
| Lemonade | United States of America | Insurance Carriers, Vertical AI Applications, Neoinsurance | $61 | $4.3B | 6.2x | -30.0x |
| Glaukos | United States of America | Medical Devices | $77 | $4.3B | 9.1x | -180.1x |
| ICU Medical | United States of America | Medical Devices | $118 | $4.0B | 1.8x | 10.4x |
| Nomad Foods | United States of America | Food & Beverages, Plant-Based Food | $11 | $3.9B | 1.1x | 6.3x |
| Envista Holdings | United States of America | Medical Devices | $20 | $3.8B | 1.5x | 10.9x |
| GeneDx | United States of America | Genomics & Personalized Medicine, Health Data & Analytics | $132 | $3.8B | 9.3x | 100.4x |
| Lantheus Holdings | United States of America | Medical Imaging & Diagnostics, Drug Development & Therapeutics | $56 | $3.7B | 2.5x | 6.4x |
| Molina Healthcare | United States of America | Managed Care, Health Benefits & Financial Solutions | $160 | $3.6B | 0.1x | 2.5x |
| CorVel | United States of America | Financial Services Software, Vertical AI Applications, Insurance Brokers | $74 | $3.6B | N/A | N/A |
| Integer Holdings | United States of America | Medical Devices | $65 | $3.5B | 1.9x | 9.0x |
| Alignment Healthcare | United States of America | Managed Care, Digital Therapeutics | $18 | $3.4B | 0.9x | 52.3x |
| Haemonetics | United States of America | Medical Devices, Medical Supplies | $49 | $3.3B | 2.5x | 7.8x |
| Enovis | United States of America | Medical Devices | $32 | $3.2B | 1.5x | 8.3x |
| AdaptHealth | United States of America | Medical Devices | $9 | $3.1B | 1.0x | 4.7x |
| Integra Lifesciences | United States of America | Medical Devices | $15 | $3.0B | 1.8x | 9.4x |
| Alphatec Holdings | United States of America | Medical Devices | $16 | $2.9B | 4.0x | 38.8x |
| LivaNova | United States of America | Medical Devices | $53 | $2.8B | 2.1x | 9.4x |
| Privia Health | United States of America | Healthcare Software, Health Data & Analytics | $26 | $2.8B | 1.4x | 25.2x |
| Oscar Health | United States of America | Neoinsurance, Telemedicine & Virtual Care, Insurance Carriers | $19 | $2.6B | 0.2x | -19.9x |
| GRAIL | United States of America | Medical Imaging & Diagnostics, Genomics & Personalized Medicine | $85 | $2.5B | 18.0x | -4.3x |
| Premier Inc. | United States of America | Healthcare Software, Health Data & Analytics | $28 | $2.5B | 2.5x | 10.2x |
| Veracyte | United States of America | Medical Imaging & Diagnostics, Genomics & Personalized Medicine | $35 | $2.5B | 5.1x | 22.2x |
| EverCommerce | United States of America | Industrial Software, Healthcare Software, Real Estate Software, Travel & Hospitality Software | $12 | $2.5B | 4.1x | 14.2x |
| Artivion | United States of America | Medical Devices | $45 | $2.3B | 5.4x | 27.4x |
| Conmed | United States of America | Medical Devices | $47 | $2.3B | 1.7x | 8.1x |
| Certara | United States of America | Health Data & Analytics, Drug Development & Therapeutics | $12 | $2.0B | 4.8x | 15.4x |
| Inspire Medical Systems | United States of America | Medical Devices | $75 | $2.0B | 2.2x | 12.6x |
| Beyond Meat | United States of America | Food & Beverages, Plant-Based Food | $2 | $1.9B | 6.6x | -18.4x |
| LeMaitre Vascular | United States of America | Medical Devices | $89 | $1.9B | 7.7x | 26.9x |
| Teladoc | United States of America | Telemedicine & Virtual Care | $8 | $1.8B | 0.7x | 6.5x |
| PROCEPT BioRobotics | United States of America | Medical Devices | $36 | $1.8B | 5.7x | -48.9x |
| AtriCure | United States of America | Medical Devices | $36 | $1.7B | 3.3x | 35.5x |
| Establishment Labs | United States of America | Medical Devices | $52 | $1.7B | 8.4x | -75.7x |
| UFP Technologies | United States of America | Medical Devices | $189 | $1.6B | 2.8x | 13.6x |
| Trupanion | United States of America | Insurance Carriers, Neoinsurance | $42 | $1.6B | 1.1x | 25.9x |
| NeoGenomics | United States of America | Laboratory Services, Medical Imaging & Diagnostics | $10 | $1.6B | 2.2x | 37.3x |
| Clover Health | United States of America | Managed Care, Health Data & Analytics, Neoinsurance, Health Benefits & Financial Solutions, Insurance Carriers | $4 | $1.5B | 0.9x | 27.4x |
| Evolent Health | United States of America | Health Benefits & Financial Solutions, Health Data & Analytics | $7 | $1.5B | 0.8x | 9.9x |
| GoodRx | United States of America | Health Benefits & Financial Solutions, Telemedicine & Virtual Care, Pharmacies, Vertical E-commerce, Consumer E-commerce, Price Comparison | $4 | $1.5B | 1.9x | 5.9x |
| Progyny | United States of America | Health Benefits & Financial Solutions | $19 | $1.4B | 1.1x | 6.6x |
Valuation multiples as of last 12 months (LTM). Stock prices as of October 30, 2025. Financial data powered by Morningstar and FactSet.
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