Sector Report4 min read
Healthcare: 17 A-Grades, Seven Insurance Disasters
Pharma and devices print 20%+ margins. Health insurers struggle to break 3%.
May 25, 2026
GILDABBVBMYZTS+11
Financial data as of Dec 31, 2025Improving · Healthcare
Key financials compared side by side
FCF Margin ranked against sector peers
Pharma and devices print 20%+ margins. Health insurers struggle to break 3%.
Pharma prints cash at 25%+ margins. Health insurers are burning through it at 2%. Same sector, different planets.
The healthcare sector splits into two groups: companies printing cash and insurers bleeding it. The trend breakdown tells you which side is winning.