Diagnostics & Research Industry Overview
The Diagnostics & Research industry, part of the Healthcare sector, includes 51 publicly traded companies with a combined market capitalization of $658.46B. The industry is led by Thermo Fisher Scientific Inc. (TMO), Danaher Corporation (DHR), IDEXX Laboratories, Inc. (IDXX).
Among the 51 listed Diagnostics & Research companies, market capitalizations range from $166.55B (Thermo Fisher Scientific Inc.) down to $32.52B (Agilent Technologies, Inc.), highlighting the wide size disparity across the industry. The average market cap across the industry is $12.91B, reflecting a mix of established large-cap players and smaller growth-oriented companies.
Diagnostics & Research Industry Valuation
The Diagnostics & Research industry currently trades at an average price-to-earnings (P/E) ratio of 32.5. This elevated multiple indicates that investors are pricing in strong future earnings growth across Diagnostics & Research companies.
Diagnostics & Research Dividend Profile
7 out of 51 Diagnostics & Research companies (14%) currently pay dividends to shareholders. The average dividend yield across dividend-paying Diagnostics & Research stocks is 0.92%. Most Diagnostics & Research companies reinvest earnings into growth rather than paying dividends, which is typical for earlier-stage or high-growth industries.
Largest Diagnostics & Research Companies by Market Cap
| Company | Ticker | Market Cap | P/E Ratio |
|---|---|---|---|
| Thermo Fisher Scientific Inc. | TMO | $166.55B | 24.6 |
| Danaher Corporation | DHR | $122.31B | 33.4 |
| IDEXX Laboratories, Inc. | IDXX | $43.95B | 41.0 |
| Waters Corporation | WAT | $33.25B | 43.1 |
| Agilent Technologies, Inc. | A | $32.52B | 25.4 |
The table above shows the top 5 Diagnostics & Research companies ranked by market capitalization. P/E ratios reflect trailing twelve months earnings where available.
Frequently Asked Questions
What is the largest Diagnostics & Research company? The largest Diagnostics & Research company by market capitalization is Thermo Fisher Scientific Inc. (TMO), valued at $166.55B. Use the full listing below to explore all Diagnostics & Research companies and compare their financials.
How many Diagnostics & Research stocks are there? There are 51 publicly traded Diagnostics & Research companies listed on major US exchanges, ranging from Thermo Fisher Scientific Inc. (TMO) to Agilent Technologies, Inc. (A) by market capitalization. This directory spans 2 pages, with all companies sorted by market cap for easy comparison.
How many Diagnostics & Research stocks pay dividends? 7 of the 51 Diagnostics & Research companies (14%) currently distribute dividends. The average yield among payers is 0.92%. Dividend policies vary significantly across Diagnostics & Research companies — browse individual stock pages for the latest yield and payout details.
What is the average P/E ratio for Diagnostics & Research stocks? The average trailing P/E ratio for the Diagnostics & Research industry is 32.5x. Individual company valuations can vary widely — click through to any stock page for detailed valuation metrics.
Explore Diagnostics & Research Stocks on StockVS
StockVS provides detailed fundamental data, historical price charts, and side-by-side comparisons for all 51 Diagnostics & Research companies. Browse individual stock pages for in-depth analysis, or use our comparison tool to evaluate two Diagnostics & Research stocks head to head. All data is updated regularly to reflect the latest available financials.