INDUSTRY

Instruments Industry Overview

Technology sector

Companies

229

Total Market Cap

$2.3T

Median P/E

32.0

P25: 22.6 / P75: 49.8

Median P/B

3.4

P25: 1.6 / P75: 7.3

Median EV/EBITDA

18.5

P25: 13.0 / P75: 26.7

Median ROE

-13.5%

P25: -104.0% / P75: 9.3%

Top Companies by Market Cap(183)

Ticker	Name	Market Cap	P/E Ratio	P/B	EV/EBITDA	ROE
KLAC	KLA CORPORATION	$290.3B	62.2	49.8	48.6	80.1%
TMO	THERMO FISHER SCIENTIFIC INC.	$196.4B	28.7	3.8	23.5	13.1%
ISRG	Intuitive Surgical, Inc.	$144.2B	48.4	8.2	-	16.9%
DHR	DANAHER CORP /DE/	$141.7B	38.4	2.7	28.8	7.0%
SYK	STRYKER CORP	$127.1B	38.1	5.5	21.1	14.5%
TT	TRANE TECHNOLOGIES PLC	$106.1B	36.6	12.3	26.1	33.6%
MMM	3M COMPANY	$82.3B	29.5	24.8	15.2	84.2%
NOC	NORTHROP GRUMMAN CORP /DE/	$77.0B	16.8	4.5	11.8	26.7%
BSX	BOSTON SCIENTIFIC CORP	$66.4B	18.6	2.5	13.0	13.6%
COHR	COHERENT CORP.	$60.1B	128.3	5.5	48.9	4.3%
LHX	L3HARRIS TECHNOLOGIES, INC.	$53.8B	31.1	2.8	18.7	9.1%
TER	TERADYNE, INC.	$53.4B	62.5	17.0	-	27.2%
AME	AMETEK, Inc.	$53.2B	34.8	4.9	23.2	14.0%
EW	EDWARDS LIFESCIENCES CORPORATION	$52.9B	48.2	5.2	34.0	10.8%
ROK	Rockwell Automation, Inc.	$51.2B	47.1	14.3	29.0	30.4%
GRMN	GARMIN LTD	$47.0B	27.1	5.1	-	18.7%
BDX	BECTON DICKINSON & CO	$42.4B	37.2	1.8	13.5	4.7%
ROP	ROPER TECHNOLOGIES, INC.	$36.4B	21.2	1.9	13.3	9.1%
GEHC	GE HEALTHCARE TECHNOLOGIES INC.	$29.7B	15.6	2.7	11.6	17.5%
DXCM	DEXCOM, INC.	$29.5B	31.7	10.0	20.0	31.5%
TDY	TELEDYNE TECHNOLOGIES INC	$28.9B	31.0	2.7	20.2	8.7%
RMD	ResMed Inc.	$28.8B	18.9	4.4	13.2	23.4%
ILMN	Illumina, Inc.	$28.8B	33.7	10.7	19.9	31.9%
MTD	Mettler-Toledo International Inc.	$26.3B	30.2	-	24.3	-
WST	WEST PHARMACEUTICAL SERVICES, INC.	$25.4B	46.8	8.5	29.1	18.1%
MKSI	MKS INC	$23.8B	72.7	8.5	30.6	11.6%
VLTO	Veralto Corp	$22.8B	23.5	7.6	17.4	32.2%
FTV	Fortive Corp	$19.0B	34.9	3.1	19.3	8.9%
ZBH	ZIMMER BIOMET HOLDINGS, INC.	$18.2B	23.9	1.4	10.9	6.0%
ONTO	ONTO INNOVATION INC.	$15.1B	142.2	7.1	-	5.0%
SOLV	SOLVENTUM CORPORATION	$13.4B	9.4	2.7	6.9	28.8%
ALGN	ALIGN TECHNOLOGY, INC.	$12.9B	30.1	3.1	-	10.4%
PEN	Penumbra, Inc	$12.5B	73.3	8.5	-	11.6%
TRMB	TRIMBLE INC.	$12.2B	26.7	2.2	16.0	8.1%
BAX	BAXTER INTERNATIONAL INC	$11.7B	-	1.9	44.1	-18.3%
DRS	Leonardo DRS, Inc.	$11.6B	39.9	4.2	24.8	10.5%
PODD	INSULET CORPORATION	$11.2B	37.1	8.6	20.7	23.2%
GMED	GLOBUS MEDICAL, INC.	$10.8B	18.5	2.3	-	12.4%
CGNX	Cognex Corporation	$10.6B	74.6	7.2	-	9.6%
BRKR	BRUKER CORPORATION	$9.0B	-	3.6	35.1	-0.5%
GKOS	GLAUKOS Corp	$9.0B	-	13.4	-	-28.2%
BIO	Bio-Rad Laboratories, Inc.	$8.0B	47.2	1.2	11.4	2.5%
RAL	Ralliant Corporation	$7.5B	-	4.6	-	-74.8%
AVTR	Avantor, Inc.	$7.2B	-	1.3	93.9	-9.9%
MSA	MSA Safety Inc	$6.5B	22.4	4.8	14.2	21.4%
ST	SENSATA TECHNOLOGIES HOLDING PLC	$6.5B	133.2	2.3	16.1	1.7%
TFX	TELEFLEX INCORPORATED	$6.0B	-	2.0	-	-32.7%
TXG	10x Genomics, Inc.	$5.3B	-	6.5	-	-2.8%
LIVN	LivaNova PLC	$4.6B	42.5	3.8	22.2	8.8%
MMSI	MERIT MEDICAL SYSTEMS INC	$4.4B	31.4	2.7	13.7	8.6%