INDUSTRY

Instruments Industry Overview

Technology sector

Companies

239

Total Market Cap

$2.4T

Median P/E

30.8

P25: 20.5 / P75: 51.2

Median P/B

3.1

P25: 1.5 / P75: 6.4

Median EV/EBITDA

17.2

P25: 12.2 / P75: 26.2

Median ROE

-11.0%

P25: -110.6% / P75: 9.4%

Top Companies by Market Cap(196)

Ticker	Name	Market Cap	P/E Ratio	P/B	EV/EBITDA	ROE
KLAC	KLA CORPORATION	$251.0B	53.7	43.1	42.1	80.1%
TMO	THERMO FISHER SCIENTIFIC INC.	$183.0B	26.7	3.5	22.2	13.1%
ISRG	Intuitive Surgical, Inc.	$150.4B	50.5	8.5	-	16.9%
DHR	DANAHER CORP /DE/	$129.3B	35.0	2.4	26.5	7.0%
SYK	STRYKER CORP	$117.0B	35.0	5.1	19.5	14.5%
TT	TRANE TECHNOLOGIES PLC	$99.8B	34.4	11.6	24.6	33.6%
MDT	Medtronic plc	$94.8B	20.5	1.9	13.0	9.4%
NOC	NORTHROP GRUMMAN CORP /DE/	$80.1B	17.5	4.7	12.2	26.7%
MMM	3M COMPANY	$79.9B	28.7	24.1	14.8	84.2%
BSX	BOSTON SCIENTIFIC CORP	$71.8B	20.2	2.8	13.9	13.6%
COHR	COHERENT CORP.	$70.7B	150.8	6.4	57.3	4.3%
LHX	L3HARRIS TECHNOLOGIES, INC.	$58.7B	33.9	3.1	20.1	9.1%
TER	TERADYNE, INC.	$58.6B	68.6	18.6	-	27.2%
KEYS	KEYSIGHT TECHNOLOGIES, INC.	$57.8B	60.0	9.3	39.5	15.5%
AME	AMETEK, Inc.	$51.8B	33.9	4.7	22.6	14.0%
ROK	Rockwell Automation, Inc.	$50.2B	46.1	14.0	28.4	30.4%
EW	EDWARDS LIFESCIENCES CORPORATION	$49.8B	45.4	4.9	32.0	10.8%
GRMN	GARMIN LTD	$45.1B	26.0	4.9	-	18.7%
BDX	BECTON DICKINSON & CO	$40.5B	35.6	1.7	13.1	4.7%
A	AGILENT TECHNOLOGIES, INC.	$38.2B	29.7	-	21.8	-
ROP	ROPER TECHNOLOGIES, INC.	$32.9B	19.2	1.7	12.3	9.1%
TDY	TELEDYNE TECHNOLOGIES INC	$28.7B	30.8	2.7	20.0	8.7%
DXCM	DEXCOM, INC.	$28.5B	30.6	9.6	19.3	31.5%
GEHC	GE HEALTHCARE TECHNOLOGIES INC.	$28.4B	14.9	2.6	11.2	17.5%
RMD	ResMed Inc.	$27.6B	18.2	4.3	12.6	23.4%
ILMN	Illumina, Inc.	$24.7B	28.9	9.2	17.0	31.9%
MTD	Mettler-Toledo International Inc.	$23.9B	27.4	-	22.2	-
WST	WEST PHARMACEUTICAL SERVICES, INC.	$22.8B	42.0	7.6	26.0	18.1%
MKSI	MKS INC	$21.9B	67.0	7.8	28.5	11.6%
VLTO	Veralto Corp	$20.2B	20.8	6.7	15.5	32.2%
FTV	Fortive Corp	$17.8B	32.7	2.9	18.2	8.9%
HOLX	HOLOGIC INC	$17.0B	31.2	3.2	16.1	10.4%
ZBH	ZIMMER BIOMET HOLDINGS, INC.	$15.9B	20.9	1.3	10.0	6.0%
TRMB	TRIMBLE INC.	$13.1B	28.8	2.3	17.2	8.1%
DRS	Leonardo DRS, Inc.	$13.0B	44.9	4.7	27.9	10.5%
SOLV	SOLVENTUM CORPORATION	$13.0B	9.1	2.6	6.7	28.8%
ONTO	ONTO INNOVATION INC.	$12.8B	120.7	6.0	-	5.0%
ALGN	ALIGN TECHNOLOGY, INC.	$12.5B	29.1	3.0	-	10.4%
PEN	Penumbra, Inc	$12.5B	73.2	8.5	-	11.6%
COO	The Cooper Companies, Inc.	$11.9B	29.8	1.4	12.6	4.8%
GMED	GLOBUS MEDICAL, INC.	$11.1B	18.9	2.3	-	12.4%
CGNX	Cognex Corporation	$11.0B	76.9	7.4	-	9.6%
PODD	INSULET CORPORATION	$10.0B	33.2	7.7	18.6	23.2%
BAX	BAXTER INTERNATIONAL INC	$9.7B	-	1.6	39.6	-18.3%
MASI	MASIMO CORP	$9.3B	122.5	11.8	47.5	9.7%
BRKR	BRUKER CORPORATION	$9.0B	-	3.6	35.1	-0.5%
BIO	Bio-Rad Laboratories, Inc.	$8.4B	49.5	1.2	11.9	2.5%
ST	SENSATA TECHNOLOGIES HOLDING PLC	$7.2B	148.2	2.5	17.4	1.7%
LUNR	INTUITIVE MACHINES, INC.	$7.0B	-	9.7	-	-15.1%
RAL	Ralliant Corporation	$6.9B	-	4.2	-	-74.8%