Healthcare stocks with the highest free cash flow yield

Ranked

199

of 876 healthcare stocks we cover

Median

4.5%

Highest

29.9%

SKIN

Range

0.1% to 29.9%

#	Company	FCF yield	PE	Revenue growth (TTM)	Market cap
1	SKINSkinHealth Systems, Medical - Instruments & Supplies	29.9%	n/m	−6.5%	$70.8M
2	EBSEmergent BioSolutions, Drug Manufacturers - General	26.9%	n/m	−9.6%	$319.4M
3	CNCCentene, Medical - Healthcare Plans	25.8%	n/m	+13.9%	$34.7B
4	AKBAAkebia Therapeutics, Drug Manufacturers - General	25.6%	n/m	+7.5%	$157.1M
5	HLFHerbalife, Medical - Distribution	23.0%	8.6×	+5.5%	$1.4B
6	TDOCTeladoc Health, Medical - Care Facilities	22.0%	n/m	−2.1%	$1.2B
7	BCRXBiocryst Pharmaceuticals, Biotechnology	19.1%	n/m	+68.7%	$2B
8	ARDTArdent Health, Medical - Care Facilities	17.6%	22.3×	+3.3%	$1.7B
9	ORGOOrganogenesis, Drug Manufacturers - General	16.3%	n/m	+6.5%	$127.8M
10	AYTUAytu Biopharma, Drug Manufacturers - General	15.8%	n/m	−13.3%	$20.6M
11	OGNOrganon, Drug Manufacturers - General	15.7%	17.9×	−2.5%	$3.6B
12	AMPHAmphastar Pharmaceuticals, Drug Manufacturers - General	14.3%	14.8×	+1.0%	$1.1B
13	THCTenet Healthcare, Medical - Care Facilities	14.0%	10.4×	+5.4%	$21.6B
14	DVADavita, Medical - Care Facilities	13.7%	15.0×	+6.4%	$11.7B
15	NRIXNurix Therapeutics, Drug Manufacturers - General	13.4%	11.0×	n/m	$2.8B
16	CCELCryo Cell International, Medical - Care Facilities	12.9%	n/m	−2.0%	$35.9M
17	INVAInnoviva, Drug Manufacturers - General	12.7%	n/m	+18.8%	$1.5B
18	PCRXPacira BioSciences, Drug Manufacturers - General	12.4%	104×	+5.7%	$1.5B
19	AHCOAdaptHealth, Medical - Care Facilities	11.9%	n/m	+4.2%	$820.8M
20	KEQUKewaunee Scientific, Medical - Instruments & Supplies	11.5%	11.9×	+5.3%	$94.9M
21	JAZZJazz Pharmaceuticals, Drug Manufacturers - General	11.5%	14.6×	+12.6%	$13.9B
22	SBCSBC Medical, Medical - Care Facilities	11.4%	11.2×	−6.9%	$543M
23	ALHCAlignment Healthcare, Medical - Healthcare Plans	10.6%	42.4×	+37.2%	$1.7B
24	PBHPrestige Consumer Healthcare, Drug Manufacturers - General	10.4%	13.4×	−1.4%	$2.3B
25	ANIPANI Pharmaceuticals, Drug Manufacturers - General	10.4%	15.4×	+30.9%	$1.7B
26	APTAlpha Pro Tech, Medical - Instruments & Supplies	10.3%	13.6×	+5.7%	$56.7M
27	MOVMovado, Medical - Instruments & Supplies	10.2%	17.5×	+5.2%	$701.9M
28	CVSCVS Health, Medical - Healthcare Plans	9.8%	24.7×	+7.4%	$119.5B
29	MDPediatrix Medical, Medical - Care Facilities	9.6%	14.0×	+0.5%	$2.4B
30	VTRSViatris, Drug Manufacturers - Specialty & Generic	9.5%	n/m	+4.4%	$20.7B
31	SNWVSANUWAVE Health, Medical - Instruments & Supplies	9.5%	n/m	+13.1%	$44.9M
32	CNMDCONMED, Medical - Devices	9.1%	26.6×	+3.4%	$1.5B
33	BMYBristol-Myers Squibb, Drug Manufacturers - General	9.1%	13.5×	+3.1%	$125.6B
34	SGRYSurgery Partners, Medical - Care Facilities	9.1%	n/m	+4.0%	$2.1B
35	LFVNLifevantage, Drug Manufacturers - General	9.1%	14.7×	−20.1%	$73.4M
36	FTREFortrea, Medical - Diagnostics & Research	8.7%	n/m	−2.1%	$2.2B
37	HCSGHealthcare Services, Medical - Care Facilities	8.6%	14.7×	+4.0%	$1.7B
38	NATRNatures Sunshine Products, Drug Manufacturers - General	8.5%	12.0×	+6.8%	$213.8M
39	VNTVontier, Medical - Instruments & Supplies	8.3%	14.3×	+0.9%	$4.6B
40	INFUInfuSystem, Medical - Instruments & Supplies	8.3%	34.0×	+2.5%	$277.6M
41	INCYIncyte, Biotechnology	8.2%	14.7×	+26.9%	$23.5B
42	ZBHZimmer Biomet, Medical - Devices	8.1%	24.0×	+8.6%	$18.8B
43	PGNYProgyny, Medical - Care Facilities	8.0%	31.5×	+5.5%	$2.2B
44	VMDViemed Healthcare, Medical - Care Facilities	7.8%	27.2×	+25.2%	$373.3M
45	CAHCardinal Health, Medical - Distribution	7.8%	34.5×	+14.2%	$58B
46	UHSUniversal Health Services, Medical - Care Facilities	7.7%	7.6×	+10.0%	$11B
47	XRAYDENTSPLY SIRONA, Medical - Instruments & Supplies	7.6%	n/m	−0.8%	$1.9B
48	RPRXRoyalty Pharma, Medical - Pharmaceuticals	7.5%	36.3×	+10.0%	$36.7B
49	BVSBioventus, Medical - Instruments & Supplies	7.5%	19.4×	+3.1%	$1.3B
50	EXELExelixis, Biotechnology	7.3%	20.3×	+9.2%	$16B
51	BIIBBiogen, Drug Manufacturers - General	7.3%	44.4×	+0.3%	$37B
52	PBYIPuma Biotechnology, Drug Manufacturers - General	7.2%	21.2×	−2.9%	$568.9M
53	ZTSZoetis, Drug Manufacturers - Specialty & Generic	7.1%	13.3×	+1.5%	$33.5B
54	GMEDGlobus Medical, Medical - Instruments & Supplies	6.9%	20.8×	+19.7%	$10.9B
55	BMRNBiomarin Pharmaceutical, Drug Manufacturers - General	6.8%	151×	+11.2%	$10.8B
56	ADUSAddus HomeCare, Medical - Care Facilities	6.8%	21.4×	+15.9%	$2.3B
57	GILDGilead Sciences, Drug Manufacturers - General	6.7%	n/m	+5.5%	$193.5B
58	ELVElevance Health, Medical - Healthcare Plans	6.6%	19.6×	+6.3%	$95.4B
59	NVSTEnvista, Medical - Instruments & Supplies	6.5%	40.7×	+11.9%	$3.8B
60	OPCHOption Care Health, Medical - Care Facilities	6.5%	23.5×	+5.9%	$4.7B
61	CORCencora, Medical - Distribution	6.4%	24.6×	+5.1%	$63.2B
62	PFEPfizer, Drug Manufacturers - General	6.4%	39.5×	−0.2%	$171.2B
63	TRUPTrupanion, Medical - Healthcare Plans	6.4%	55.3×	+11.8%	$1.3B
64	BAXBaxter International, Medical - Instruments & Supplies	6.2%	n/m	+5.4%	$13.1B
65	CDRECadre, Medical - Instruments & Supplies	6.1%	37.0×	+19.7%	$1.3B
66	PACSPACS, Medical - Care Facilities	6.0%	27.2×	+15.2%	$7.5B
67	HSICHenry Schein, Medical - Distribution	6.0%	24.8×	+6.5%	$9.5B
68	NBIXNeurocrine Biosciences, Biotechnology	6.0%	20.9×	+34.4%	$14.5B
69	LNTHLantheus, Medical - Diagnostics & Research	6.0%	24.2×	+2.3%	$6.5B
70	HCAHCA Healthcare, Medical - Care Facilities	5.9%	15.7×	+7.3%	$101.5B
71	COOCooper Companies, Medical - Instruments & Supplies	5.8%	20.9×	+4.7%	$11.6B
72	ALGNAlign Technology, Medical - Instruments & Supplies	5.8%	26.9×	+4.4%	$11B
73	INSPInspire Medical Systems, Medical - Instruments & Supplies	5.7%	15.4×	+4.3%	$2.1B
74	HALOHalozyme Therapeutics, Biotechnology	5.7%	37.5×	+41.2%	$14.3B
75	ZVRAZevra Therapeutics, Drug Manufacturers - General	5.6%	10.5×	+119.4%	$582.6M
76	SEPNSepterna, Drug Manufacturers - General	5.6%	n/m	n/m	$1.9B
77	RMTIRockwell Medical, Drug Manufacturers - General	5.5%	n/m	−21.1%	$28M
78	MCKMcKesson, Medical - Distribution	5.5%	26.8×	+8.8%	$116.7B
79	BSXBoston Scientific, Medical - Devices	5.5%	18.5×	+13.5%	$66.2B
80	AVAHAveanna Healthcare, Medical - Care Facilities	5.4%	10.9×	+19.5%	$2.9B
81	HAEHaemonetics, Medical - Instruments & Supplies	5.4%	58.1×	+0.4%	$5.4B
82	PRGOPERRIGO, Drug Manufacturers - General	5.4%	n/m	−4.2%	$2.2B
83	CONConcentra Group Holdings Parent, Medical - Care Facilities	5.3%	25.5×	+14.0%	$5B
84	ENOVEnovis CORP, Medical - Instruments & Supplies	5.2%	n/m	+4.9%	$1.2B
85	DGXQuest Diagnostics, Medical - Diagnostics & Research	5.1%	25.7×	+9.1%	$26.7B
86	MSAMSA Safety, Medical - Instruments & Supplies	5.0%	22.7×	+6.5%	$7B
87	BDXBecton, Dickinson and, Medical - Instruments & Supplies	5.0%	60.1×	+5.2%	$54.2B
88	MDTMedtronic, Medical - Devices	5.0%	23.4×	+9.8%	$122B
89	TCMDTactile Systems Technology, Medical - Instruments & Supplies	5.0%	21.9×	+17.2%	$535.5M
90	GEHCGE HealthCare Technologies, Medical - Devices	4.9%	16.4×	+6.5%	$32.3B
91	ADMAAdma Biologics, Biotechnology	4.9%	15.3×	+8.0%	$2.4B
92	USPHU S Physical Therapy, Medical - Care Facilities	4.8%	101×	+11.3%	$1.3B
93	UTMDUtah Medical Products, Medical - Instruments & Supplies	4.8%	22.6×	−7.0%	$236.3M
94	CHEChemed, Medical - Care Facilities	4.8%	25.8×	+3.3%	$6.7B
95	DXCMDexCom, Medical - Devices	4.8%	30.9×	+15.5%	$29.4B
96	IQVIQVIA, Medical - Diagnostics & Research	4.7%	34.7×	+8.2%	$46B
97	NUSNU Skin Enterprises, Medical - Distribution	4.6%	n/m	−15.4%	$233.2M
98	REGNRegeneron Pharmaceuticals, Biotechnology	4.5%	19.9×	+9.3%	$82.9B
99	ICCCImmucell, Medical - Diagnostics & Research	4.5%	128×	+8.5%	$93.1M
100	RMDResMed, Medical - Instruments & Supplies	4.5%	24.2×	+9.9%	$36.5B

The first 100 of 199.

Not ranked: 363 with no positive free cash flow, 162 with not a meaningful number, 6 with a yield above 40% (usually a one-off). 146 companies whose data behind this number has a caveat are left out until it is checked.

A ranking of numbers, not a recommendation. A low multiple can be a bargain or a business in trouble: open the company to see which.