Equities / Sectors / Communication Services

Communication Services

#4 by market cap

Telecom 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

+0.26%

$20.82B · 1D

Sector weight

9.5%

of tracked market cap

Volume 24h

$48.339B

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

92.4%top 10
GOOGL53.1%
META23.5%
NFLX3.6%
Next 712.1%
Other 1037.7%

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

PeriodSectorMarketSpread
1 day+0.26%+0.54%-0.28%
1 week+1.36%+2.05%-0.69%
1 month+4.10%+1.46%+2.64%
3 months-0.49%+3.30%-3.78%
Year to date+3.83%+13.25%-9.43%
1 year+11.51%+14.81%-3.30%

Constituents

113 equities

Internet Content & Information$4.252T53.1%$347.68+0.35%+1.44%+2.75%$6.502B17.4×
Internet Content & Information$1.883T23.5%$738.88-0.41%+3.25%+20.44%$9.279B27.7×
Netflix Inc.

NFLX · US

Entertainment$286.021B3.6%$68.69+1.76%-0.78%-10.52%$2.415B21×
Telecom Services$191.992B2.4%$45.98+0.28%-1.50%-8.79%$988.01M11.1×
Entertainment$182.261B2.3%$104.03+0.41%-1.48%-0.98%$635.91M21.2×
Telecom Services$178.344B2.2%$165.93+0.78%-0.31%-8.67%$717.53M16.9×
AT&T Inc.

T · US

Telecom Services$171.926B2.1%$24.43+0.78%-1.89%-4.57%$837.72M—
Advertising Agencies$93.752B1.2%$278.78-1.13%-9.56%-10.65%$1.217B23.7×
Entertainment$77.584B1%$30.95+0.03%+0.16%+10.06%$13.483B-44.7×
Telecom Services$76.46B1%$21.56-0.05%-1.06%-18.12%$510.72M6.8×
Internet Content & Information$67.928B0.8%$249.87+7.44%+7.76%+2.46%$5.347B1,602.1×
Entertainment$40.12B0.5%$171.80+0.66%-0.05%+0.79%$298.37M-155.5×
Electronic Gaming & Multimedia$37.549B0.5%$202.53-0.46%+0.09%-5.05%$416.21M-125.9×
Electronic Gaming & Multimedia$32.543B0.4%$45.56+2.20%+8.84%+1.65%$492.76M-32.5×
Telecom Services$28.931B0.4%$100.01+1.83%+10.99%+15.37%$390.17M-2×
Internet Content & Information$28.646B0.4%$148.95-0.98%+4.10%-0.29%$571.65M32.9×
Entertainment$26.048B0.3%$62.08-1.97%-1.55%-4.83%$285.9M15.5×
Entertainment$22.442B0.3%$152.06-0.88%-0.40%-2.11%$237.79M63.2×
Entertainment$21.995B0.3%$87.73+0.27%+1.28%+0.55%$16.63M103.3×
Advertising Agencies$21.389B0.3%$75.10-0.20%0%-7.43%$153M339.5×
Entertainment$15.512B0.2%$28.55-1.38%-1.89%-4.26%$100.67M27.1×
Telecom Services$15.171B0.2%$90.46-0.78%+0.76%-5.74%$44.72M22.8×
Entertainment$14.402B0.2%$27.61-0.07%+1.73%-1.50%$49.25M32.3×
Entertainment$13.116B0.2%$176.46-0.33%-2.82%-9.66%$102.44M57.1×
Telecom Services$12.958B0.2%$108.64+0.81%-2.48%-25.46%$276.75M2.6×
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