15 industries 191 companies value 8.2 tn revenue 2.0 tn
| Industry | n | Value | Revenue | Margin | Cash | Group leader | Concentration |
|---|---|---|---|---|---|---|---|
| Search and digital advertising | 5 | 6.0 tn | 702 bn | 44.6% | 94 bn | GOOGL 69.6% | Clear leader |
| Streaming and entertainment | 9 | 589 bn | 172 bn | 14.1% | 22 bn | NFLX 49.4% | Comfortable leader |
| Telecom carriers | 11 | 524 bn | 377 bn | 13.0% | 76 bn | VZ 35.0% | Open contest |
| International telecom | 22 | 294 bn | 245 bn | 9.2% | 43 bn | AMX 23.4% | Evenly matched |
| Video games | 18 | 157 bn | 31 bn | 13.2% | 9.3 bn | NTES 51.0% | Comfortable leader |
| Live events and sports | 20 | 130 bn | 44 bn | -2.7% | 5.1 bn | LYV 31.1% | Open contest |
| Cable TV and media | 11 | 124 bn | 215 bn | 3.4% | 27 bn | CMCSA 62.5% | Clear leader |
| Journalism and digital media | 18 | 84 bn | 29 bn | 11.0% | 4.3 bn | TRI 57.6% | Comfortable leader |
| Niche social networks | 21 | 79 bn | 26 bn | 11.4% | 5.6 bn | RDDT 37.7% | Open contest |
| Communications satellites | 11 | 66 bn | 23 bn | -70.3% | -0.1 bn | ECHO 37.9% | Open contest |
| Broadcast TV and stations | 7 | 36 bn | 32 bn | 1.9% | 2.5 bn | FOXA 76.5% | Clear leader |
| Traditional advertising | 14 | 32 bn | 47 bn | -0.5% | 4.1 bn | OMC 69.0% | Clear leader |
| Radio and subscription audio | 12 | 23 bn | 19 bn | 8.1% | 3.1 bn | TME 58.6% | Comfortable leader |
| Music and catalogs | 2 | 17 bn | 7.5 bn | 9.1% | 0.9 bn | WMG 96.3% | Clear leader |
| Film and TV studios | 8 | 15 bn | 36 bn | -3.7% | 0.7 bn | SKYD 68.4% | Clear leader |
The 20 largest companies in the sector
| Rank | Ticker | Company | Industry | Value | Revenue | Margin | FCF |
|---|---|---|---|---|---|---|---|
| 1 | GOOGL | Alphabet United States · score 6.1 | Search and digital advertising | 4.2 tn | 446 bn | 54.8% | 53 bn |
| 2 | META | Meta Platforms United States · score 6.2 | Search and digital advertising | 1.8 tn | 228 bn | 29.8% | 41 bn |
| 3 | NFLX | Netflix United States · score 6.5 | Streaming and entertainment | 291 bn | 48 bn | 28.2% | 11 bn |
| 4 | DIS | The Walt Disney Company United States · score 5.9 | Streaming and entertainment | 189 bn | 99 bn | 8.7% | 8.3 bn |
| 5 | VZ | Verizon United States · score 7.9 | Telecom carriers | 183 bn | 139 bn | 11.6% | 39 bn |
| 6 | TMUS | T-Mobile US United States · score 7.2 | Telecom carriers | 167 bn | 92 bn | 11.5% | 18 bn |
| 7 | T | AT&T United States · score 7.3 | Telecom carriers | 159 bn | 127 bn | 16.9% | 18 bn |
| 8 | SPOT | Spotify Technology Sweden · score 6.1 | Streaming and entertainment | 107 bn | 19 bn | 12.9% | 3.2 bn |
| 9 | NTES | NetEase China · score 8.5 | Video games | 80 bn | 16 bn | 30.9% | 7.1 bn |
| 10 | CMCSA | Comcast United States · score 7.7 | Cable TV and media | 78 bn | 125 bn | 9.0% | 20 bn |
| 11 | AMX | América Móvil Mexico · score 7.5 | International telecom | 69 bn | 53 bn | 9.3% | 8.8 bn |
| 12 | TRI | Thomson Reuters Canada · score 6.3 | Journalism and digital media | 48 bn | 7.8 bn | 21.2% | 2.2 bn |
| 13 | LYV | Live Nation Entertainment United States · score 4.6 | Live events and sports | 40 bn | 26 bn | 0.5% | 1.4 bn |
| 14 | VOD | Vodafone Group United Kingdom · score 5.6 | International telecom | 39 bn | 45 bn | -0.1% | 11 bn |
| 15 | TTWO | Take-Two Interactive United States · score 1.5 | Video games | 38 bn | 6.7 bn | -4.8% | 0.3 bn |
| 16 | CHT | Chunghwa Telecom Taiwan · score 6.9 | International telecom | 37 bn | 7.5 bn | 17.2% | 1.6 bn |
| 17 | RBLX | Roblox United States · score 3.0 | Video games | 36 bn | 5.7 bn | -17.6% | 1.6 bn |
| 18 | TKO | TKO Group Holdings United States · score 6.0 | Live events and sports | 33 bn | 5.3 bn | 4.3% | 1.8 bn |
| 19 | RDDT | Reddit United States · score 5.9 | Niche social networks | 30 bn | 2.8 bn | 31.3% | 1.0 bn |
| 20 | FOXA | Fox Corporation United States · score 6.1 | Broadcast TV and stations | 27 bn | 17 bn | 9.8% | 1.5 bn |
Other sectors
What this is. A catalogue, not a guide. Every industry with stocks listed on the NYSE or NASDAQ, the companies contending for its leadership, what each one does according to its own annual report, and the balance sheet it filed with the SEC.
The score runs from 0 to 10 and compares each company with every other one in the almanac on cash generation, profitability, debt, dividends and consistency over the last five years. The higher it is, the better the company fares in that comparison. Curious how much each part weighs? Ask at the bottom of the page.
The score runs from 0 to 10 and compares each company with every other one in the almanac on cash generation, profitability, debt, dividends and consistency over the last five years. The higher it is, the better the company fares in that comparison. Curious how much each part weighs? Ask at the bottom of the page.