Equities / Sectors / Communication Services
Communication Services
#4 by market capTelecom carriers, media, entertainment and interactive content platforms. 113 US-listed equities across 7 industries; the sector accounts for 9.5% of tracked equity market cap and 7.6% of daily volume.
Market cap
$8.006T
+0.28%
$21.966B · 1D
Sector weight
9.5%
of tracked market cap
Volume 24h
$47.696B
7.6% of market volume
Revenue TTM
$1.562T
Sum of constituents
Net income TTM
$357.171B
22.9% net margin
P/E (TTM)
21.9×
Market 30.7×
Dividend yield
0.6%
Market 1.3%
Employees
1.6M
Across 113 companies
Industry breakdown
Share of sector market cap · 7 industries
Concentration
Share of sector market cap by constituent
HHI index
3.4K
Mega caps
3
Median cap
$2.102B
Valuation vs. market
Sector totals valued as one company; marker is the all-equities median
P/E (TTM): 21.9× · market 20.2×
P/S: 5× · market 2.7×
EV / EBITDA: 15.3× · market 13×
Operating margin: 23.8% · market 8.5%
Dividend yield: 0.6% · market 2.3%
Trading at a 28.7% P/E discount to the all-equities market.
Returns vs. market
Cap-weighted price return · spread in percentage points
| Period | Sector | Market | Spread |
|---|---|---|---|
| 1 day | +0.28% | +0.54% | -0.27% |
| 1 week | +1.36% | +2.05% | -0.69% |
| 1 month | +4.10% | +1.46% | +2.64% |
| 3 months | +0.06% | +2.54% | -2.47% |
| Year to date | +3.83% | +13.25% | -9.43% |
| 1 year | +10.83% | +14.19% | -3.36% |
Constituents
113 equities

Alphabet Inc. Class A Common Stock GOOGL · US | Internet Content & Information | $4.252T | 53.1% | $347.68 | +0.35% | +1.44% | +2.75% | $6.379B | 17.4× |
| Internet Content & Information | $1.883T | 23.5% | $738.88 | -0.41% | +3.25% | +20.44% | $8.956B | 27.7× | |
Netflix Inc. NFLX · US | Entertainment | $286.021B | 3.6% | $68.69 | +1.76% | -0.78% | -10.52% | $2.39B | 21× |
Verizon Communications Inc. VZ · US | Telecom Services | $191.992B | 2.4% | $45.98 | +0.28% | -1.50% | -8.79% | $987.59M | 11.1× |
The Walt Disney Company DIS · US | Entertainment | $182.261B | 2.3% | $104.03 | +0.41% | -1.48% | -0.98% | $628.86M | 21.2× |
T-Mobile US Inc. TMUS · US | Telecom Services | $178.344B | 2.2% | $165.93 | +0.78% | -0.31% | -8.67% | $717.38M | 16.9× |
AT&T Inc. T · US | Telecom Services | $171.926B | 2.1% | $24.43 | +0.78% | -1.89% | -4.57% | $837.62M | — |
| Advertising Agencies | $93.752B | 1.2% | $278.78 | -1.13% | -9.56% | -10.65% | $1.19B | 23.7× | |
Warner Bros. Discovery, Inc. WBD · US | Entertainment | $77.584B | 1% | $30.95 | +0.03% | +0.16% | +10.06% | $13.483B | -44.7× |
Comcast Corp. Class A Common Stock CMCSA · US | Telecom Services | $76.46B | 1% | $21.56 | -0.05% | -1.06% | -18.12% | $510.5M | 6.8× |
| Internet Content & Information | $67.928B | 0.8% | $249.87 | +7.44% | +7.76% | +2.46% | $5.334B | 1,602.1× | |
Live Nation Entertainment, Inc. LYV · US | Entertainment | $40.12B | 0.5% | $171.80 | +0.66% | -0.05% | +0.79% | $298.37M | -155.5× |
Take-Two Interactive Software, Inc. TTWO · US | Electronic Gaming & Multimedia | $37.549B | 0.5% | $202.53 | -0.46% | +0.09% | -5.05% | $415.07M | -125.9× |
Roblox Corp. Class A Common Stock RBLX · US | Electronic Gaming & Multimedia | $32.543B | 0.4% | $45.56 | +2.20% | +8.84% | +1.65% | $492.56M | -32.5× |
EchoStar Corporation SATS · US | Telecom Services | $28.931B | 0.4% | $100.01 | +6.11% | +10.99% | +15.37% | $390.17M | -2× |
Reddit Inc. Class A Common Stock RDDT · US | Internet Content & Information | $28.646B | 0.4% | $148.95 | -0.98% | +4.10% | -0.29% | $570.91M | 32.9× |
Fox Corporation Class A Common Stock FOXA · US | Entertainment | $26.048B | 0.3% | $62.08 | -1.97% | -1.55% | -4.83% | $285.87M | 15.5× |
Roku, Inc. Class A Common Stock ROKU · US | Entertainment | $22.442B | 0.3% | $152.06 | -0.88% | -0.40% | -2.11% | $237.74M | 63.2× |
| Entertainment | $21.995B | 0.3% | $87.73 | +0.27% | +1.28% | +0.55% | $16.63M | 103.3× | |
Omnicom Group Inc. OMC · US | Advertising Agencies | $21.389B | 0.3% | $75.10 | -0.20% | 0% | -7.43% | $153M | 339.5× |
News Corp. Class A Common Stock NWSA · US | Entertainment | $15.512B | 0.2% | $28.55 | -1.38% | -1.89% | -4.26% | $100.67M | 27.1× |
Millicom International Cellular S.A. TIGO · US | Telecom Services | $15.171B | 0.2% | $90.46 | -0.78% | +0.76% | -5.74% | $44.72M | 22.8× |
Warner Music Group Corp. WMG · US | Entertainment | $14.402B | 0.2% | $27.61 | -0.07% | +1.73% | -1.50% | $49.25M | 32.3× |
| Entertainment | $13.116B | 0.2% | $176.46 | -0.33% | -2.82% | -9.66% | $102.43M | 57.1× | |
| Telecom Services | $12.958B | 0.2% | $108.64 | +0.81% | -2.48% | -25.46% | $276.57M | 2.6× |
